American Community Business and Golden Rule for Indiana

 On April 8, 2010, the Michigan Office of Insurance Regulation’s (“OFIR”) Commissioner Ken Ross obtained an order from a Michigan Circuit Court placing American Community Mutual Insurance Company (“American Community”) into rehabilitation and naming Ross as the company’s rehabilitator. Last Wednesday, the court approved a Transition Plan Agreement submitted by the OFIR which provides 42,000 […]

Indiana Modification Waiver

This is a very important provision that can give states more flexibility to do things differently than the way they are specifically addressed in the legislation. With a waiver, if states can demonstrate the ability achieve an objective in a different way, the waiver is approved. For example, in the case of tax credits only being available […]

HealthCare Bill Surprise For Businesses

A report from Bloomberg Business week reveals that on page 737 of the Health Care Bill approved by Congress there are 3 paragraphs that have nothing to do with health Care. The provision inserted by Democrats on the Senate Finance Committee to help offset the cost of the bill, requires companies to report to the […]

What is Driving Health Insurance Premiums

This is the question that’s at the heart of the matter. And it’s what we need to understand before we can try to control costs. It’s important to look at the real drivers behind high and rising health care costs and health care premiums. More expensive technology, used more often — No doubt, modern medicine […]

The Early Retiree Reinsurance Program

The Early Retiree Reinsurance Program helps employers provide coverage to retirees The recently passed Patient Protection and Affordable Care Act includes an early retiree reinsurance program available to groups that provide medical coverage to early retirees and their spouses, surviving spouses and dependents. This temporary program will provide $5 billion to help employers to continue to […]

New Cost of Healthcare Reform

New Cost Estimate Tops $1 Trillion: U.S. Health and Human Services Secretary Kathleen Sebelius issued a letter to congressional leaders this week, touting the administration’s early success in implementing certain provisions of health care reform. Meanwhile, officials from the Congressional Budget Office (CBO) reported on Tuesday that the health care reform legislation will cost about […]

Indiana Enrolled Dependents Through Age 26

Recently we have had a handful of national carriers all agree to carry existing dependents through age 26. If the dependent is eligible for the plan you will have to wait until open enrollment. Remember to look at possible individual coverage as it may be significantly cheaper. To clarify, we will automatically extend coverage for […]

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 Health Care Tax Credit

Nefouse and Associates wants to remind small business owners about one of the first provisions of the recently passed health care reform legislation, the Patient Protection and Affordable Care Act, to go into effect – the small business health care tax credit. This tax credit encourages small business owners to offer health insurance coverage for […]