Regulations to Stabilize the Individual Market

On February 15, 2017, the department of Health & Humana Services issued rules to try to stabilize the individual health insurance markets. This is the first step by the Secretary of HHS on reducing the economic burden of the ACA, as proposed by the Jan. 20th executive order. These new policy rules are intended to …

Humana Leave the Exchange Market

Indiana Health Insurance Company Updates Humana has announced that they will exit the individual health insurance markets in 2018.  They had exited Indiana 2 years ago, so this announcement comes as no surprise. Humana at one time had a strong national presence in the individual and group health insurance markets. Over the last 10 years, …

President Trumps Executive Order on ACA

January 20th 2017, President Trump signed an executive order to waive, defer, grant exemption, or delay the requirements of the ACA, that would impose a burden on individuals or families, medical providers, or purchasers of health care. The executive order gives the Secretary of the Department of Health and Human Services the power to enforce …

Specialty Drug Costs Impacts on Group Health

Indiana Health Insurance updates on Speciality Drugs Specialty pharmaceuticals are drugs created to treat patients with complex diseases. In the last 12 months, there has been alarming trends on prescription drug costs. It is now estimated, that specialty RX is closing in on 30% of the medical spend. A group could have just 4% of …

Small Companies Qualifications for Group Health Insurance

Group Health Insurance Guidelines These guidelines are state specific to Indiana. We have been receiving a lot of inquiries, about how a small group can qualify for group health coverage. Here in Indiana and the rest of the country, there are a lot of independent consultants in the work force. With the passing of the …