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Archive for the ‘Health Laws’ Category

Blue Cross warns GOP repeal bill ‘undermines’ pre-existing condition rules

Wednesday, October 11th, 2017

The Hill reports:

“The Blue Cross Blue Shield Association warned against a new GOP ObamaCare bill on Wednesday, saying it would “undermine” protections for pre-existing conditions.

“The bill contains provisions that would allow states to waive key consumer protections, as well as undermine safeguards for those with pre-existing medical conditions,” the association said in a statement.

(more…)

Trump Administration Sharply Cuts Spending on Health Law Enrollment

Tuesday, September 19th, 2017

The NY Times reports:

“The Trump administration is slashing spending on advertising and promotion for enrollment under the Affordable Care Act, a move some critics charged was a blatant attempt to sabotage the law.

Officials with the Department of Health and Human Services, who insisted on not being identified during a conference call with reporters, said on Thursday that the advertising budget for the open enrollment period that starts in November would be cut to $10 million, compared with $100 million spent by the Obama administration last year, a drop of 90 percent. Additionally, grants to about 100 nonprofit groups, known as navigators, that help people enroll in health plans offered by the insurance marketplaces will be cut to a total of $36 million, from about $63 million.

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Employers gear up for next fight after Cadillac tax

Wednesday, March 8th, 2017

Modern Helthcare.com reports:

“Employer and business groups are shifting their lobbying efforts from repealing the Affordable Care Act’s unpopular “Cadillac” tax to fighting GOP proposals to chip away at the tax break on employer-provided health insurance.

Capping the tax break, they say, would cause employers to offer skimpier benefits, and some would stop offering coverage altogether. That would erode the employer-sponsored health insurance market.

(more…)

Judge’s comments signal another legal nightmare for health reform law

Monday, July 13th, 2015

Business Insurance reports:

“It looks like the Obama administration may have another big legal headache in defending the Affordable Care Act.

A Republican-appointed judge’s comments Thursday suggest that it’s very possible the administration will have to fight a new high-stakes court battle to save another key affordable coverage feature of the law. (more…)

High Health Plan Deductibles Weigh Down More Employees

Wednesday, September 3rd, 2014

The New York Times reports:

“Anita Maina was working on an arts and crafts project she found on Pinterest — creating a table out of wood and cork — when she ripped off a fingernail while removing staples from a piece of wood.

“It is one of those things that really hurt, and I thought I should go to urgent care,” said Ms. Maina, 27.

But she ultimately skipped the visit since she had not met the $6,000 deductible on her health plan, and she knew she probably did not have much left in her health savings account, a type of tax-advantaged savings vehicle that is often used with high-deductible plans to help defray out-of-pocket costs.

Ms. Maina, an associate in a health and human services consulting agency, said her employer added the high-deductible plan earlier this year; though her monthly premiums are only $34, these plans require employees to pay for a greater share of their medical expenses upfront, before the plan starts making payments.

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PPACA helps delay Medicare insolvency

Friday, August 1st, 2014

Benefits Pro reports:

“The main trust fund behind Medicare, the $583 billion U.S. health program for the elderly and disabled, will be exhausted in 2030, four years later than projected last year, the government reported.

An improving economy and the health-care overhaul — the Patient Protection and Affordable Care Act — may stave off depletion of the fund as it took in more money and spent less than expected last year. The trust fund pays for hospital visits, nursing care and related services for Medicare’s 52 million beneficiaries. Its assets fell $7.1 billion in 2013 to $281 billion, less than one-third the reduction of a year earlier, according to a report released today by the program’s trustees.

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State delays ’employee choice’ on Obamacare insurance exchange

Tuesday, July 1st, 2014

Crain’s Chicago Health Care Daily reports:

“Illinois plans to delay by at least a year a key feature of its Obamacare health insurance exchange that potentially would give employees of small businesses more choices when shopping for coverage.

“Employee choice” would allow employees to select from a range of plans from multiple carriers on the Small Business Health Options Program, also known as the Shop exchange, rather than being limited to a single plan chosen by their employer. The three dozen states on the federally administered marketplace, Illinois included, operated under the latter model, called “employer choice,” in 2014.

(more…)

Obamacare’s Employer Mandate Is Toast, And Democrats Are OK With That

Friday, May 16th, 2014

Yahoo Finance reports:

“President Obama this week cheered the milestone 7 millionth person to sign up for the Affordable Care Act (ACA), but a growing opinion is spreading among Democrats that the law’s employer mandate should go.

Former White House press secretary Robert Gibbs said in a speech on Wednesday that the mandate requiring employers with 50 or more full-time employees to offer medical coverage will be one of the first parts of the law to go.

(more…)

The aftermath of the employer responsibility ruling

Tuesday, February 18th, 2014

Employee Benefit Adviser reports:

“The U.S. Treasury Department and Internal Revenue Service issued the final regulations on the employer mandate under the Affordable Care Act this week. While the pay-or-play rules got a little delay, and some revisions will be debated for weeks to come, here are the nuts and bolts of the full regulation: (more…)

Why employers may consider public health care exchanges

Tuesday, February 18th, 2014

The Journal of Accountancy reports:

New public health care insurance exchanges may provide more affordable coverage than plans employers currently use, according to a new report.

An analysis by PwC’s Health Research Institute showed that the median 2014 premium on 51 public exchanges nationally is $5,844 for a plan with coverage similar to that of the average employer-sponsored plan.

(more…)

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