Mental Health Parity and Addiction Equity Act
The Mental Health Parity and Addiction Equity Act (MHP) is one of several federal health care reform laws that are creating a significant and immediate impact on employers. The new legislation prohibits group health plans that provide mental health and/or substance use disorder benefits from applying ” Regulations issued by the federal government on February […]
Additional Cost To Healthcare Reform
President Barack Obama’s new health care law could potentially add at least $115 billion more to government health care spending over the next 10 years, congressional budget referees said Tuesday. If Congress approves all the additional spending called for in the legislation, it would push the ten-year cost of the overhaul above $1 trillion. The […]
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 […]
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 […]
Health Insurance for Children
Indiana Health Insurance for Children under the health reform act will no longer allow the insurance carrier to Pre X or decline children under 19 years of age. This is the first step in Health Care reform that is going to have a huge impact on Individual policy holders and carriers. Once this goes into […]
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 […]
