Healthcare Reform for Indiana Non Profits
The U.S. healthcare overhaul bill will provide insurance coverage for millions of Americans and possibly lower healthcare cost inflation, but it poses an increased credit risk for nonprofit providers, Standard & Poor’s said on Thursday. The outlook for 2010 remains one of stable credit quality after a period of deterioration from 2007 to 2009. But […]
Indiana Dependent Health Insurance
As of September 23rd of 2010 dependent children can not be declined or pre-x from a health insurance policy. This is creating some interesting situations. Right now we have seem some carriers stop selling stand alone children’s policies which is concerning. I can only speculate why they have stopped. One reason is the carriers are getting […]
Indiana Adult Child Coverage
Under the new health care reform children/adults can stay on their parents health plan until 26. Here is the issue that will arise with this. Can the parents afford to cover the adult child on the plan. With most group health plans today employees pay for their dependents. On the other side if the parent is already covering other children on plan […]
Indiana Tax Credits for Small Group Health Insurance
Under the new health care reform tax credits will become available for small business health plans. The first issue to address does my company quality? With premiums increases every year a tax credit could help a small business keep a health plan in place. Effective January 1, 2010, tax credits are available to qualifying small businesses that offer health insurance […]
Indiana Limited Benefit Plans
With the passage of the Patient Protection and Affordable Care Act (“PPACA”) and the Health Care and Education Reconciliation Act of 2010, Americans face a new era in health insurance. While there is still much guidance to come from the government, Major changes to the limited medical industry are coming this Fall. Limited medical plans […]
Indiana Grandfathered Health Plans
This is going to be very interesting to see how the grandfathered plans are treated from a carrier standpoint. It’s very possible that these plans could cost less than the new generation of plans that will be launched under the health care reform. The next few years these grandfathered plans either group or individual could […]
UniCare Pulling out of Indiana
UniCare Life & Health Insurance Company (UniCare) has made decision to terminate its group and individual health insurance business locally. Following a transition period, UniCare will no longer provide health insurance in Indiana. UniCare is pleased to collaborate with Anthem Insurance Companies, Inc., (Anthem), which will offer replacement coverage, on a guaranteed issue basis with […]
Health Insurance Consumer Tools
There have been some huge jumps in technology when it comes to shopping for healthcare procedures. The large insurance companies have developed price shopping tools that resemble a menu. The ability to price shop an MRI on your lower joint within 20 miles from your zip code can make the difference of thousands of dollars. […]
Indiana State Children’s Health Insurance Plan (SCHIP)
This is an interesting program that very few people are aware of. If your house hold income is below 250% of the federal poverty level then you may be eligible to put your children on this health plan. Currently in Indiana the SCHIP program is being admin through Hoosier Health wise. So for a family […]
HSA Contribution Limits For 2009
Eligible individuals with self-only coverage under a high-deductible health plan (HDHP) may contribute an annual maximum of $3,050 to their Health Savings Account (HSA) for 2010. Eligible individuals with family coverage (coverage for two or more individuals) under an HDHP may contribute up to $6,150 to their HSA. Individuals age 55 or older who are […]
