Free Choice Vouchers Defunded
The budget agreement that was reached last week has defund Free Choice Vouchers of the new health care law. Most people have no clue what these are. A free choice voucher gave the employee the right to take a employer contribution for a group health care plan and apply that to a the exchange plan. The employee would be […]
Senate Sends 1099 Repeal Bill To Obama
The 1099 provision of the health care reform, which would have raised $19 billion to help pay for the law is on it’s way to being repealed. This aspect of the law would have required all businesses to file tax reporting for all vendors from which they purchased $600 worth of goods or services. Politico […]
Defunding Tactics of Health Care Law
Defunding tactics It looks like the House Republicans are working on a serious game plan to defund the health care reform laws. The one that I think would have the biggest impact on the law would be the grants for the state based exchanges. If the defunding occurred, it would make it difficult for the […]
Revision To Health Law
Revision to health law The president has allowed states the flexibility to tackle the health care law on their own as long as it reaches the goals of the federal government. This provision was already in the health care law but the president is moving it up 3 year so states can opt out in […]
Repealing Health Care Law
House panel sends 1099 tax reporting to the floor This is a big aspect of the health care law when it comes to small business administration. This 1099 law is essentially a way for the gov. to collect more taxes to pay for the health care law. By law all small companies will have to […]
Rep. Andrews Addresses the MLR
House Dem rips new insurance rule Rep. Robert Andrews (D-N.J.) spoke to the NAHU about the effects of the Medical Loss Ratio on Agents. With the Medical Loss Ratio in the new health care law 80%-85% of premium has to go to claims. That leaves just 20% for the insurance company to spend on administration. HHS chose to […]
Essential Health Benefits
HHS has commissioned the Institute of Medicine to conduct a study on the Essential health Benefits of the health care law. They are to recommendations will lead to how Essential health benefits are determined. This is a huge aspect of the law. Right now we have an idea of what these essential benefits are. Anthem […]
The Health Care Law Debate
Right now there is a lot of confusion on how the health insurance exchanges are going to be set up. There are states like South Carolina that have told the Federal Gov. they will not set up an exchange because they do not believe the law is constitutional. Then there are states like California that […]
Letter to HHS From Responsible Governors
Governor’s Letter to HHS Here is the Governor’s letter to Kathleen Sebelius Secretary U.S. Department of Health and Human Services. This letter is stating that the states should have the right to setup the health exchange without the federal governments mandates. This is a huge statement! These governors realize that the federal mandates will make the plans […]
HHS Secretary Testified On The Health Care Law
http://www.c-spanvideo.org/program/LawonCo Here at Nefouse and Associates we know how everyone enjoys watching C-Span especially when it comes to health insurance. So I have watched it for you and will give you the update. Health and Human Services Secretary Kathleen Sebelius testified on the impact of the 2010 health care law. The Secretary job is to […]
