Anthem Small Group Renewals in Indiana
This is possibly the most interesting time in small group health history locally, not to mention the rest of the country. Anthem releases 4th quarter renewals Small group health insurance renewals have been released for the 4th quarter from Anthem. “WOW” is all I can say! The renewals that are being released are all “grandmothered.” This […]
Dual Rulings on the ACA: How does this affect Hoosier small businesses?
Last week, we had two different rulings come out of the courts. The U.S. Court of Appeals for the D.C. Circuit ruled that it was not legal to give tax credits/subsidies to residents of states that did not develop a state-based exchange. In Richmond, we had another court rule that is was legal for the IRS to […]
Drug Exceptions Under the Affordable Care Act
As the Affordable Care Act provides more and more clarification on the law, we are starting to see some serious mandates outside of what was known. If you are receiving health insurance coverage through an ACA-compliant plan, you may be eligible for additional drug coverage that is not currently covered by your plan. The law […]
Parkview Hospital Settles HIPAA Violation
Here is some news you may not see in the local media outlets: Parkview Hospital group had a blatant HIPAA violation. HIPAA is the federal Health Insurance Portability and Accountability Act. One aspect of this law is to protect the confidentiality of health care information. You may have noticed in the last few years that […]
New insurance concept: the self-insured medical reimbursement plan
ZaneBenefits is the leader in helping to self-administer employer reimbursement for employee medical expenses. In fact, they are the one of the few companies that will do this. This is one of the most controversial concepts out there. Zane believes that this is a legal approach to reimburse medical expenses for the employees from a […]
Supreme Court Rules in Favor of Hobby Lobby
Supreme Court ruling on healthcare and morality The Supreme Court ruled that “closely held” companies can, on religious grounds, opt out of a federal healthcare law requirement that companies provide contraception coverage for employees. A closely held company is one with 50% of its stock owned by five or fewer owners — a definition that applies to […]
All about small group self-funded insurance plans for Indiana
Self-Funded Plans What is a self-funded plan? It’s where an employer provides health benefits to employees out of the company’s own pocket. We have seen the introduction of self-funded plans for small groups in Indianapolis. Small employers are looking for options to try to control rate increases caused by the Affordable Care Act. The self-funded […]
SHOP: Multiple Choice on The Exchange for Small Groups
One of the points of the Affordable Care Act was to increase choices for insurance, both for small groups and individuals. That’s been the case, to a certain extent, but it’s worked out better in some situations that others. Under the ACA, the exchange is suppose to offer small-group health insurance choices. These plans would […]
Congress Backs State Medical Marijuana Laws
The Republican-majority House of Representatives voted in favor of blocking the federal government from interfering with states that allow medical marijuana. The vote was 219-189, with many moderate and libertarian-minded Republicans joining most Democrats in passing the measure. This is an unusual break from party lines and suggests a fundamental shift in how Congress, and […]
United Health One Rate Increases
If you have a United Health One policy you may have experienced a rate increase this year. This has become a major problem, not just from a cost standpoint, but also from a Qualifying Life Event (QLE) standpoint. United Health One made a decision to move the renewal date of their Indianapolis members to December […]
