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Posts Tagged ‘Darien’

American Hospital Association Issues Statement on Senate Medicare for All Proposal

Monday, April 15th, 2019

Insurance News Net reports:

“The American Hospital Association issued the following statement by Executive Vice President Tom Nickels:

“America’s hospitals and health systems share the goal of achieving universal coverage for all Americans. However, “Medicare for All,” while promising a one-size-fits-all solution, would instead take away choice from millions of Americans and put access to vital health care services at risk.

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Amid Trumpcare’s Demise, Public Option Emerges Ahead Of 2018 Elections

Friday, August 18th, 2017

Forbes reports:

“A public option as an alternative or addition to subsidized private individual coverage under the Affordable Care Act is gaining momentum on the campaign trail ahead of next year’s 2018 midterm Congressional and gubernatorial elections.

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Employer Shared Responsibility

Friday, February 27th, 2015

Generally, under Employer Shared Responsibility (ESR), applicable large employers (generally, employers with 50 or more full-time employees, including full-time equivalents) face a potential
penalty if they don’t offer minimum essential coverage to full-time employees and their child dependents that has both minimum value (company is paying at least 60 percent of covered health care expenses for a typical population) and is affordable (full-time employees cannot pay more than 9.5 percent of their income for the lowest-cost, self-only coverage). Employers with fewer than 50 full-time employees are not subject to ACA’s ESR provisions. For 2015, employers with between 50 and 99 full-time employees are exempt from the ESR penalty if the employer provides an appropriate certification and meets certain conditions.
In 2015, employers subject to the mandate must offer coverage to 70 percent of their full-time employees and child dependents  or risk penalties for failure to offer coverage to all full-time employees and child dependents. To avoid a penalty in 2016, employers subject to ACA’s ESR provisions must offer coverage to 95 percent of their full-time employees and child dependents.

Obamacare co-op Land of Lincoln loses money in first quarter

Thursday, June 26th, 2014

Crains Chicago Health Care Daily reports:

“Illinois’ only co-op health insurance program lost more than $4 million and enrolled fewer than 2,500 people in its first quarter of operation as it struggled to enter a market dominated by one massive competitor.

Land of Lincoln Health Inc. Co-op had just 2,451 members by March 31, 97 percent of whom bought individual plans. The carrier was established under President Barack Obama’s health care reform law and aimed to increase competition in Illinois’ individual and group insurance markets.

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Blue Cross parent expecting losses in 2014 due to Obamacare

Wednesday, April 2nd, 2014

Healthcare Daily reports:

“Annual net income for the parent company of Blue Cross & Blue Shield of Illinois fell well below the $1 billion mark for the first time since 2009, in part because the insurance giant is setting aside money to offset expected losses from the troubled rollout of Obamacare.

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Top U.S. insurer sees weak Obamacare sign-ups, prepares for delay

Wednesday, November 20th, 2013

Reuters reports:

“A top U.S. health insurer gave the first detailed view of how the problem-plagued rollout of President Barack Obama’s signature healthcare law is affecting the industry, saying on Wednesday it had cut its enrollment forecasts by at least a half and expected the government to delay the sign-up deadline.

Humana Inc said that because of technical problems preventing millions of Americans from accessing the federal HealthCare.gov website since it opened on Oct. 1, the company had slashed its expectations of signing on 500,000 new plan members to an estimate of closer to 250,000.

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Implementing Health Reform: Contraceptive Coverage Final Regulations

Friday, July 12th, 2013

Heath Affairs Blog reports:

“The most controversial single issue presented by the Affordable Care Act is arguably the regulatory requirement that group health plans and insurers cover contraceptive services.  The ACA requires non-grandfathered group health plans and health insurers to offer, without cost sharing, coverage of preventive services, including women’s preventive services, that are designated by the Health Resources and Services Administration (HRSA).  Based on an Institute of Medicine study, HRSA in 2011 identified as women’s preventive services “all Food and Drug Administration approved contraceptive methods, sterilization procedures, and patient education and counseling for all women with reproductive capacity.”  Pursuant to this designation, the Department of Health and Human Services (HHS) listed contraceptives services and counseling as required preventive services.

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