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Posts Tagged ‘Wheaton’

Expert: Short-term health care plans give consumers choice

Thursday, October 25th, 2018

Wake Forest University reports:

“With early-voting underway, recent polls show healthcare has become a top issue in the November midterm elections. One politically charged issue on the table is the availability of short-term health care plans that offer limited benefits at a low cost.

Opponents of these policies are concerned that the availability of short-term health care plans will undermine the Affordable Care Act and harm those who purchase them. The arguments: (1) Consumers will purchase short-term plans without fully understanding the limited coverage they provide. (2) Healthy individuals who might join an Affordable Health Care plan will choose a short-term plan instead.

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Can Health Savings Accounts Be a Bulwark Against Long-Term Care Costs?

Tuesday, August 21st, 2018

Morningstar reports:

“Many retirement accumulators take pains to dot the i’s and cross the t’s of their retirement plans. They noodle over their portfolios’ asset allocations, carefully calibrate when they’ll begin claiming Social Security benefits, and think hard about withdrawal rates.

But many such painstaking retirement planners don’t give another major variable more than the periodic anxious thought: how to pay for long-term care. And is it any wonder so many people are in denial? For one thing, it’s a flip of the coin as to whether you’ll need long-term care: 52% of people turning 65 are expected to have a long-term care need during their lifetimes, and another 48% will not. The prospect of needing long-term care is inherently unpleasant, and that care can also be ruinously expensive, running upward of $100,000 per year in urban areas.
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Amazon Takes Aim at Disrupting the Healthcare Industry

Thursday, February 1st, 2018

Consumer Reports reports:

“The e-commerce giant becomes the latest corporation trying to tackle the high cost of employee medical care

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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.

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See who’s owed the most by deadbeat Illinois

Thursday, September 21st, 2017

Crain’s Chicago Business reports:

“More than 60 businesses and other groups are owed at least $10 million apiece by the state, while 13 of them are due $100 million or more. Those owed the most are in health care, including insurers Aetna Better Health and Blue Cross/Blue Shield parent Health Care Service Corp., each out nearly $600 million.

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In nod to Sanders, Clinton offers new health care proposals

Thursday, July 14th, 2016

Crains Chicago Business reports:

“In another nod to primary rival Bernie Sanders, Hillary Clinton is proposing to increase federal money for community health centers and outlining steps to expand access to health care across the nation.

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IRS Grants Extension for 6055 and 6056 Reporting

Tuesday, January 26th, 2016

According to United Healthcare, Broker Connection Special Edition:

“On Dec. 28, 2015, the IRS announced that it is granting an automatic extension for the 2015 information returns required of insurers, employers and certain other providers of Minimum Essential Coverage (MEC) under Section 6055 and 6056 of the Internal Revenue Code (IRC).

Coverage providers that need more time now have until March 31 to get Form 1095 to individuals and until June 30 to electronically file with the IRS. For providers not filing electronically, the deadline is May 31, 2016. (more…)

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