The Repeal Of The McCarran-Ferguson Act
The McCarran-Ferguson Act that created that antitrust exemption for the health insurance industry has been repealed through the Patient Protection and Affordable Care Act (PPACA). This will prevent the health and medical malpractice insurers from being exempt from antitrust regulation. An example of how the health industry has had problem is in a case in […]
Golden Rule Will No Longer Offer Stand Alone Children’s Policy
This is the first result of a carrier telling the Federal Government we just won’t sell that product anymore. As of Sept 23rd 2010 of this year all Children under 19 will be eligible for guaranteed Issue on a stand alone health plan. This means they can not be declined or pre-x. Golden Rule which […]
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 […]
Milliman Medical Index 2010
The Milliman Medical Index has been released for 2010. This is a very good study of healthcare costs and the effects that they have. 2010 marks the 6th year that the study has been performed. The top 100 leading insurers read this report to estimate future health insurance claims costs. You would think that our […]
Where does the Health Premium Go?
On average, 87 cents of every dollar you pay us is spent covering medical care and services that members receive like doctor visits, hospital costs, prescription drugs and more. So when the costs for these services go up, so must our premiums. Another 10 cents of every premium dollar funds the services we provide like […]
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 […]
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 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 […]
Why Health Insurance Premiums Keep Increasing
Anthem plans across the country are working to develop innovative products and programs that help address rising health care costs. Through pay for performance initiatives, consumer directed health plans and transparency initiatives; Anthem is providing access to the information needed to drive down health care costs. While many people may believe that insurer profits are […]
