Health Insurance options 2020
Open enrollment is right around the corner for most people that have health insurance. Most of the employers have a January 1st renewal with the open enrollment period a month prior. The Individual market open enrollment is Nov.1st -December 15th. Indiana has become one of the most expensive states for health care; this was revealed […]
Anthem’s Chambercare Health Alliance
Anthem has developed a new Group Health Insurance plan for Indiana small group employers. This is in direct response to the unintended consequences of the Affordable Care Act (ACA). Under the ACA, Indiana small group health insurance rates have doubled, and Anthem has been one of the last large to bring a solution to market. The […]
Indiana Recovers Medicaid Tax Under the ACA
Indiana was one of six states to file a lawsuit against the Affordable Care Act’s health insurance provider fee (HIPF) for State Medicaid plans. The U.S. District Judge ruled in favor of the plaintiffs, Texas, Indiana, Kansas, Louisiana, Wisconsin & Nebraska’s that the government must pay back $840 Million in Obamacare fees. What is the […]
What to Expect in 2019 for Small Group Health Insurance
All the health insurance companies that want to participate in Indiana’s small group health insurance has submitted rates & plan designs to the Indiana Department of Insurance for review. These filling are for fully insured groups with less than 50 employees. As always, it’s going to be an interesting year under the rules and regulations […]
Administration Decision to Reinstate Risk Adjustment Payments
It was reported that the Trump administration has reinstated the risk adjustment program of the affordable care act. The risk adjustment program redistributes funds from carriers with lower risk members to plan with higher risk member. The reason this was witten in the ACA was to protect against adverse selection in the marketplace by spreading […]
Indiana Association Health Plans (AHPs)
The Department of Labor released their final rule on the creations of Association Health plans. There has been a great deal of criticism and misinformation in the media. The DOL final rules provide the guideline for setting up association health plans. These plans would be governed by both State and Federal guidelines. The Employee […]
Indiana Challenging the Affordable Care Act
Indiana has joined 19 other states in a coalition to challenge the constitutionality of the Affordable Care Act (ACA). The suit was filed in federal court in Texas and is led by Texas and Wisconsin. December 2017 the tax bill was signed into law which eliminated the individual mandates financial penalties staring in 2019. […]
Employer Shared Responsibility Payment (ESRP) notification
If you are researching this topic, then you may have received a letter from the Department of Treasury Internal Revenue Service with regards to Employer Shared Responsibility Payment (ESRP). Under the Affordable Care Act’s employer shared responsibility provisions, large companies are required to offer affordable health insurance coverage that meets the requirements of the ACA. This rule is […]
