IRS Announces 2012 Key Amounts for Health Savings Accounts
The Internal Revenue Service has announced changes to the 2012 key amounts for Health Savings Accounts (HSAs) and High Deductible Health Plans (HDHPs). HSA contribution limits and HDHP out-of-pocket maximums will increase, while the HDHP minimum required deductibles will remain the same as 2011. 2012 Key Amounts HSA Contribution Limit – Individual $3,100 HSA Contribution […]
Future of Employer Health Plans
National Journal reported on the McKinsey and Co. study on how 30% of employer could drop group health benefits in 2014. The study predicts that employers that understand some of th health insurance law could find savings in dropping coverage. This all depends on how the each state sets up the exchange plan. When you look […]
HHS Announces Lower Premiums For PCIP Program
Washington Post Reported a large decrease in the PCIP health insurance program. HHS has funded the program with $5 billion dollars so that they can reduce premiums. IBJ Reported that so far only 18,000 people have enrolled into the plan. HHS was expecting 375,000. The reality is the premiums for any high risk pool are high. […]
Accountable Care Organizations
Accountable care organization “refers to a group of providers and suppliers of services (e.g., hospitals, physicians, and others involved in patient care) that will work together to coordinate care for the patients they serve with Original Medicare (that is, those who are not in a Medicare Advantage private plan). The goal of an ACO is to […]
$6.8 Million Awarded To Indiana
IHIE Indianapolis has been awarded $6.8 Million from the Federal Government to Implement the key provision of the Affordable Health Care Act- Health Insurance Exchange. And received a $1 million grant to look into setting up a state based exchange. So the $6.8 million must be an indicator that the DOI is going to move forward […]
Appeals Court Hears Argument In Health Reform Challenges
The 4th circuit court of appeal heard oral arguments on the health care reform laws. It has been reported that the Judges were leaning to uphold the law. The challengers, the state of Virginia and Liberty University, have argued the decision to forgo insurance is not an economic activity that traditionally falls under Congress’ power […]
Health Insurance Profits
Health insurance carrier profits seems to be an issue that is wildly misunderstood. There is a big disconnect between the public and cost of health care. People do not seem to understand that health insurance premiums are expensive because the cost of health care is expensive and it is getting more expensive everyday (new treatments, […]
On Site Wellness Centers
Indianapolis On Site Wellness Inside Indianapolis Business reported on a story about a Dorel Juvenile Group attacking thier health care cost with an On Site wellness clinc. The company CEO stated that their health care costs were around $6 million a year. It sounds that this company has a Self Funded plan which requires them to pay the majority of the claims. […]
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Indianapolis Personal Injury Lawyer | Hurst Limontes LLC Bill’s blog is a great resource for personal injury.
Individual health Insurance Quotes Online
As the health insurance industry changes so does the process of obtaining health insurance. There has a big shift for people to go online to receive quotes. This is a very easy way to look at health insurance rates. The problem is most sites are collecting your information so that they can sell to agents […]