National Association of Manufactures launches an AHP
The National Association of Manufacturers (NAM) has launched an association health plan (AHP) that is available in Indiana to start January 1st, 2020. Mercer developed the health plan through UnitedHealthcare. An association health plan (AHP) is developed specifically for an association and its members. The NAM AHP is operating under the rules where each group/company […]
The Short-Term Health Insurance Evolution
Short term health insurance has gone through an exciting evolution since the passing of the Affordable Care Act. Before the ACA going into place, the short term was a health insurance policy that you would use to ensure against major medical claims for a short period. The most common use was coverage in between jobs. […]
Health Insurance options 2020
Open enrollment is right around the corner for most people that have health insurance. Most of the employers have a January 1st renewal with the open enrollment period a month prior. The Individual market open enrollment is Nov.1st -December 15th. Indiana has become one of the most expensive states for health care; this was revealed […]
Anthem’s Chambercare Health Alliance
Anthem has developed a new Group Health Insurance plan for Indiana small group employers. This is in direct response to the unintended consequences of the Affordable Care Act (ACA). Under the ACA, Indiana small group health insurance rates have doubled, and Anthem has been one of the last large to bring a solution to market. The […]
Executive Order to Reveal Health Care Pricing
On 6/24/19, the President of the United States issues an executive order requiring Hospitals and Insurance companies to reveal what they are charging or paying for services. The idea is to make health care cost transparent, which then would lead to consumerism and then medical providers reducing costs to attract more patients. Primarily pressuring the […]
No Surprises “Balance Billing” Act
Congress has bipartisan support on stopping or limiting surprise medical billing if a patient receives care from a non-network provider that provider will “balance bill” the patient which create surprise medical billing. Balance billing is happening all over the country, including Indiana. The patient usually in an emergency receive medical services from a provider that […]
Indiana Group Health Narrow Networks
When it comes to health care and group health insurance, Hoosiers have always preferred PPO networks which allow the member to choose which medical provider they want to receive treatment from. With any group health plan, Indiana employees have demanded that they could choose their medical providers. This is starting to change because the cost […]
Indiana Healthcare Providers Charge 3x the Medicare Rate
There was a study conducted by the Rand Corp that examined payments rates by private health insurers in 25 states and Indiana was one of them. The purpose of the study was exposing what health care providers charge compared to Medicare. The study determined the dramatic difference in the cost of health care cost across […]
Small group mid-market renewals released
All the Jan 1st Small Group Health Insurance Indiana and mid-market renewals have been released by the insurance carriers. Small Group Health Insurance Indiana with less than 50 Employees: The two main carriers for central Indiana and the surrounding area are UnitedHealthcare and Anthem. There are few areas that have other carrier presences in […]
Jan. 1st 2019 Small Group Rates Delayed
Small Group Rates Delayed Every year the health insurance companies of Indiana have to submit their rates and plan designs for approval through the Indiana Department of Insurance. In the past, this filing would be submitted for review and approval in the month of May. The filing for 2019 small group fully insured policies was […]