Latest News + Info
The latest information relating to the health insurance industry.
Another Election Loser: Obamacare’s Medicaid Expansion
Bloomberg BusinessWeek reports: "Now that Republicans will be taking control of the Senate, party leaders will get the chance to stage a full vote on the repeal of Obamacare, forcing either a Democratic filibuster or a presidential veto. Either way, it will be pure...
A Two-Tiered Health Care System Is Coming Faster Than You Think
Forbes reports: "Get ready for two different health care systems. In one, patients will be able to schedule a doctor’s appointment in one or two days. In the other, patients will wait weeks or even months – with access problems similar to those in Canada. Patients who...
What a GOP Senate could mean for PPACA
Benefits Pro reports: "Midterm elections will be here next week, and the Patient Protection and Affordable Care Act is still on the minds of voters and candidates. According to Kaiser Family Foundation, Democrats and Republicans are using PPACA to tell their stories...
Count Down to Open Enrollment in the Health Insurance Marketplace
Insurance News Net reports: "The U.S. Department of Health & Human Services' Administration for Children & Families' Office of the Deputy Assistant Secretary and Interdepartmental Liaison for Early Childhood Development issued the following news: The...
A broker will help you avoid insurance pitfalls
Business Day reports: "Like any other investment, whether it is stocks or properties or buying of assets, basic knowledge is necessary for a smooth deal. Where the basic knowledge is lacking, it is always advisable that you get an expert to lead you in the deal....
Rising health-care costs not a trend: Aetna CEO
Yahoo Finance reports: "Aetna shares took a hit Tuesday after the health-insurance giant said it expects medical costs to rise to the high end of its forecasts. However, CEO Mark Bertolini told CNBC that while people may be worried that health-care costs will increase...
IRS Told to Beef Up Obamacare Scrutiny
Gov Info Security reports: "A watchdog agency says the Internal Revenue Service needs to put into place additional procedures to ensure that Obamacare health insurance exchanges properly safeguard consumer tax information. Under the Affordable Care Act - also known as...
Section 6055 Reporting of Health Plan “Minimum Essential Coverage” for Small and Large Employers
JD Supra reports: "Starting in 2016, Section 6055 of the Internal Revenue Code, which was added by the Health Care Reform Act, requires all entities providing “minimum essential coverage” (MEC) to submit information to the IRS concerning each covered individual, with...
Blue Cross and Blue Shield of Illinois Offers Assistance to Consumers for Upcoming Open Enrollment
Insurance News Net reports: "With as many as 1.8 million uninsured in Illinois, Blue Cross and Blue Shield of Illinois (BCBSIL) is mobilizing its resources across the state to help people better understand insurance coverage options and the financial benefits...
Modified Adjusted Gross Income under the Affordable Care Act
For individual/family plans, what is included in household income for subsidy determination? How do I know what to state for my income to determine subsidies? Household income includes incomes of the taxpayer, spouse, and dependents. In determining eligibility for...