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Posts Tagged ‘group rates’

Republicans now have a drop-dead date for replacing Obamacare

Tuesday, September 19th, 2017

Yahoo Finance reports:

“Republicans have only one month to pass legislation to repeal and replace Obamacare through the process by which they tried and failed earlier this summer.

According to a Friday ruling from the Senate parliamentarian, the window to pass an Obamacare-repeal bill through the process known as budget reconciliation will close at the end of September.

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Support For Employer-Provided Health Plans Starts To Erode

Wednesday, April 2nd, 2014

Insurance News Net reports:

“The rumblings of employees dissatisfied with the value of employer-sponsored health benefits are getting louder.

But are the grumblings loud enough for employees to put their money where their mouths are? Are employees willing to walk out the door and leave their employer-sponsored cocoons, tossing all the value talk out the window?

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Blue Cross opens door to insurance rebates in Illinois

Tuesday, March 6th, 2012

Chicago Business reports:

“The parent of Blue Cross & Blue Shield of Illinois is opening the door to rebates, which could provide badly needed relief to customers and trim the insurance giant’s massive cash hoard.

Chicago-based Health Care Service Corp. has sent notices to thousands of its individual customers amending their policy terms to allow for refunds, a move that could be required under the federal overhaul of health care. A similar notice for some group plans is awaiting approval from Illinois regulators, a company spokesman says.

How many people would be eligible for rebates is uncertain, but Blue Cross had nearly 307,000 individual policy-holders in Illinois in 2010. The company’s small-group segment is more than twice that size, based on premiums of $1.7 billion that year.

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A compilation from Aetna of health care-related developments in Washington, D.C. and state legislatures across the country

Monday, March 21st, 2011

Aetna reports:

“Week of March 14, 2011

With a law as complex as the Patient Protection and Affordable Care Act (PPACA), unintended consequences are always a concern. Last week The Wall Street Journal reported that the physician community is witnessing the emergence of a significant unintended consequence — since tax-advantaged flexible spending accounts can no longer be used to pay for over-the-counter medications without a prescription, under the law, many patients are now visiting their doctors expressly for the purpose of getting new prescriptions for the OTC medications. The change in the law was meant to discourage wasteful spending on some health products and raise revenue. Instead, critics say the provision is driving up health care costs. Unintended consequences of the health care reform law is an area of focus for Aetna, and we will continue to urge flexibility in the implementation process to help address potential unintended consequences.

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Impact of PPACA on Rates Being Analyzed

Monday, October 18th, 2010

Blue Cross and Blue Shield reports:

“In support of the Patient Protection and Affordable Care Act of 2010 (PPACA) provisions that go into effect Sept. 23, 2010, Blue Cross and Blue Shield of Illinois (BCBSIL) has done a great deal of analysis around the potential impact of PPACA on rates we charge our customers. We have completed the initial required rate filings in each of our states, but continue to monitor the regulatory discussions on this important topic.

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