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Posts Tagged ‘DeKalb’

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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Fact Sheet: Short-Term, Limited-Duration Insurance Final Rule

Thursday, August 2nd, 2018

CMS.gov reports:

Background

The Secretaries of the Treasury, Labor, and Health and Human Services published a proposed rule to consider allowing short-term, limited-duration insurance to cover longer periods and be renewed by the consumer on February 21, 2018 in response to both stakeholder input in the Request for Information “Reducing Regulatory Burdens Imposed by the Patient Protection and Affordable Care Act & Improving Healthcare Choices to Empower Patients,” as well as Executive Order 13813 entitled “Promoting Healthcare Choice and Competition Across the United States.”

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DeKalb County: Medicare Supplement

Wednesday, October 18th, 2017
County Seal

County Seal (Photo credit: Wikipedia)

We specialize in helping DeKalb individuals understand Medicare and Medicare supplements.

Medicare is a federal program to help older Americans and some disabled Americans pay for the high cost of healthcare.

Generally, the Government’s Medicare Program consists of 4 parts:

  • Part A is for hospital services, no premium
  • Part B is for medical services, premium based on income
  • Part C are Medicare Advantage Plans. It’s a Government Program. Sold through Insurance Companies, plans and pricing vary.
  • Part D is the prescription drug plan. It is also sold through insurance companies, plan and pricing vary.

Medicare does not cover all the costs.

To help cover the costs that Medicare doesn’t cover, you have a few choices.

  • Medicare supplement plans (AKA – Medigap)
  • Medicare Advantage Plans
  • Prescription Drug Plans (AKA – Part D, PDP, and Medicare Rx)

In order to purchase one of these supplements, you will need to sign up for both Medicare Part A and Part B.

Please contact us at (847) 426-2788. We are also proud of our 5 Star Google Places reviews. Thank you for visiting our website we look forward to working with you.

Thanks again,

Robert G. Eriksen, President
Personal Health Insurance Broker

Phone: (847) 426-2788
Email: Bob@EriksenInsurance.com

Bemoaning Budget Cuts, Navigators Say Feds Don’t Appreciate Scope Of The Job

Thursday, September 21st, 2017

Kaiser Health News reports:

“The Trump administration says many of the organizations that help people enroll in health plans on the federal insurance marketplaces don’t provide enough bang for the buck, sometimes costing thousands of dollars to sign up each customer. So, it is cutting their funding, some by as much as 90 percent, the government told the groups last week.

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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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Got health insurance? That doesn’t mean you’ll be able to pay your medical bills.

Wednesday, March 8th, 2017

The Miami Herald reports:

“Hospitals around the country are reporting record levels of debt on their books from an unlikely source: patients with health care coverage.

As health insurers and employers have shifted health care costs to patients through high deductibles and other out-of-pocket expenses, people who in the past may not have worried about paying for a hospital visit or a surgical procedure are getting hit with massive medical bills that they can’t pay.

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Blue Cross Blue Shield Confirms Obamacare Death Spiral

Thursday, April 28th, 2016

According to The Beacon:

” The Blue Cross and Blue Shield Association, which represents 36 Blue Cross and Blue Shield plans covering 105 million Americans, has just released a study of its members’ claims data in Obamacare exchanges 2014 and 2015. It confirms that Obamacare exchange enrollees are sicker and more expensive than enrollees in pre-Obamacare individual plans or employer-based plans.

Here I quote four of the study’s findings:

  • Members who newly enrolled in BCBS individual health plans in 2014 and 2015 have higher rates of certain diseases such as hypertension, diabetes, depression, coronary artery disease, human immunodeficiency virus (HIV) and Hepatitis C than individuals who had BCBS individual coverage prior to health-care reform.
  • Consumers who newly enrolled in BCBS individual health plans in 2014 and 2015 received significantly more medical care, on average, than those with BCBS individual plans prior to 2014 who maintained BCBS individual health coverage into 2015, as well as those with BCBS employer-based group health insurance.

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The Federal Government’s $146 Billion Obamacare Boo-Boo

Thursday, April 28th, 2016

According to The Motley Fool:

Bad things can happen when a government forecast proves to be way off.

There are mistakes, and then there are big mistakes. What the Congressional Budget Office’s latest report on federal subsidies revealed was a mistake of monstrousproportions on the part of the federal government.

Here’s what a forecasting error looks like
The Congressional Budget Office, or CBO, has been making projections on the future of Obamacare, and healthcare in general, for years. Initially, the CBO had projected that up to 21 million people would sign up for private health insurance using Obamacare’s transparent marketplace exchanges by 2016. However, that estimate has been substantially reduced to just 12 million. According to the Department of Health and Human Services, Obamacare enrollment totaled “about 12.7 million” as of the end of third enrollment period (Jan. 31, 2016). Ultimately, the CBO foresees private health enrollment via Obamacare topping out at between 18 million and 19 million people between 2018 and 2026.

Why such a huge difference in actual enrollment versus initial projections? To begin with, the government appears to have overestimated just how many people would sign up on private exchanges versus being enrolled via their employer. The data has thus far shown that nowhere near as many people as expected dropped out of employer-sponsored insurance to sign up on Obamacare’s marketplace exchanges, meaning there was a considerably smaller uninsured pool than initially anticipated. (more…)

Obamacare Encounters Another Bump in the Road

Thursday, April 28th, 2016

According to News Max Finance:

” Well, the hammer has fallen: The largest health insurer in the U.S. has started pulling out of select Obamacare exchanges.

Five months ago UnitedHealth, which had been singing sunny songs to investors about its bright future on the exchanges, abruptly began crooning the blues. In an earnings call barely a month after executives assured investors that all was going swimmingly, they confessed that they were losing a ton of money on their Obamacare policies and described a pattern that sounded as if consumers were gaming the system — signing up for a few months, using a ton of services, and then canceling their policies. If this continued, they said, they would have no choice but to pull out of the exchange business. (more…)

How Obamacare Makes Tax Filing Trickier

Thursday, April 21st, 2016

According to Time Inc.

“Many Americans will get new tax forms for the first time. Here’s what to do with them.

 

This year, you may be receiving tax forms you’ve never seen before, all thanks to the Affordable Care Act, aka Obamacare. For the most part, these documents won’t make tax filing too much harder—with one big exception. Here’s what you need to know about this paperwork, depending on what kind of health insurance you had in 2015.

If you had health insurance from your employer all year…

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