Indiana’s State Government Lowers Expected Cost of Health Care Reform
A new estimate has lowered the expected cost of the federal health care overhaul to Indiana’s state government to perhaps $2.6 billion over the next decade — $1 billion less than an initial projection made last spring. With health care reform we are going to see an expansion of medicaid. This expansion is going to […]
Insurance premiums rise for employees in 2011
Workers are expected to pay more for health care coverage in 2011 than in 2010 as part of the steepening rise in premiums and employees’ share of the cost. Experts say that increase could keep workers from getting the care they need. The average cost of group health insurance coverage is expected to rise 8.8% […]
Obama administration Granting Dozens Of Waivers
The Obama administration has granted dozens of waivers to companies so they do not have to comply to the health care reform. McDonald’s released a statement that their current health plan to the hour employees would not meet the health care reform requirements. So the administration granted them a one year wavier reported by the […]
Principal Financial Group Pulling out of Health Insurance
UnitedHealthcare has entered into an agreement to renew medical insurance coverage for The Principal‘s commercial medical plan customers. Here is the news release about the agreement and The Principal’s plans to exit the medical insurance business. UnitedHealthcare will offer The Principal’s customers broad access to quality care with one of the largest local and national care provider […]
The First Negative Effect of Health Care Reform
As we enter the 6 month mark of the passing of the health care reform we are witnessing the first negative impacts. This week, almost every big insurance company in America—including Aetna, Cigna, UnitedHealth Group, WellPoint, Humana, Coventry, some Blue Cross Blue Shield affiliates and others—stopped writing “child-only” policies in the individual market. This is […]
Indiana Health Insurance Reform Key Points
Below are a list of key points that have gone into effect. The new coverages will increase the premium for everyone but may benefit % of policy holders. YOUR HEALTH COVERAGE CANNOT BE ARBITRARILY CANCELLED IF YOU BECOME SICK Under the new law, health plans are now prohibited from rescinding coverage except in cases involving […]
Anthem Suspends Child Only Plans
Anthem Blue Cross and Blue Shield Individual Business to Suspend Child-Only Coverage Effective 9/23/10 Anthem Blue Cross and Blue Shield is committed to offering a broad range of products and services that meet customer needs in the changing health insurance market, and to implementing the new health care reform legislation in a way that benefits […]
Census Bureau Figures Indicate Record Number Of Americans Uninsured
The Census Bureau reported “the number of people with health insurance fell to 253.6 million in 2009 from 255.1 million in 2008, the first year that the number of people with health insurance has decreased since 1987, when the government started collecting comparable data. The number of uninsured rose to 50.7 million from 46.3 million […]
First House Democrat Signs Petition To Repeal Health Reform
Mississippi Rep. Gene Taylor on Wednesday became the first Democratic House member to join 171 House Republicans in signing a petition to repeal the recently passed health care reform act. Petition No. 11 needs 218 signatures and then Republican House leaders could force a full vote to repeal the entire law. This is the start of the […]
Senate Fails to Cut Tax Provision in Health Law
In a 46-52 vote, lawmakers killed an amendment sponsored by Sen. Mike Johanns (R-Neb.) that would have saved businesses and nonprofit groups from having to report an array of small and medium-sized purchases to the IRS. Deep in the health law is a requirement that businesses file tax forms called 1099s with the Internal Revenue […]
