Health Insurance Rates
Recently, there have been publications saying that health insurance rates are going up 72% under Obamacare. For example, here is a story in the Indy Star which explains the that under the mandate, everyone must be covered, including those with pre-existing conditions. If this turns out to be true, it will be quite a shock to the wallets […]
Health Care Reform for Smokers
Are delays become the norm for health care reform? A glitch in the health care reform law might be giving smokers a break from tobacco-use penalties which would cause their premiums to become too expensive. The Obama administration has informed health insurers that there is a problem in the computer system that will limit the penalties the insurers […]
Status of Obamacare for Hoosiers
Usually, I don’t like to use the term “Obamacare” but it seems that most Hoosiers know of the Affordable Care Act by that terminology. Right now, Health Care Reform looks like it is starting to unravel. The announcement of the delay in the employer mandate raised concerns. On one side, it looks like the administration […]
Employer Mandate Delayed Until 2015
One of the main points of the health insurance reform law was the employer mandate. The Employer Mandate is a requirement for companies with over (or the equivalent of) 50 full time employees to provide group health insurance. If the group does not provide health insurance, they would pay a $2,000 penalty per full time […]
Adjusted Community Rating For Health Insurance
One of the key aspects of the new health care law is the Adjusted Community Rating. Currently, the health insurance industry uses gender, medical history, group size, and health status. These underwriting practices will be prohibited in 2014. With the new law, health insurers in the individual and small group markets will only be able […]
Medical Mutual to Exit Indiana Market
Medical Mutual of Ohio has decided to exit the Indianapolis market for group and individual health insurance. This is a real blow to competition in the small group and individual health insurance market. Medical Mutual was a good carrier in the small group market, which gave a nice level of competition to the national carriers. They […]
Wellness Programs For Small Companies
A company wellness program is set up in the workplace to offer employees a kind of comprehensive health service, to encourage employees to adopt healthier lifestyles and to take measures aimed at preventing the worsening or onset of illnesses. In the last five years, wellness programs were supposed to bring the most amount of savings for group health insurance. These small […]
Congress Aids Look At Exemption from Insurance Mandate?
Politico just released a story about talks of exempting Congress staffers from the Insurance mandate. You can’t make this up! These are very people that are suppose to understand the laws they pass. Come to find out, very few of them have any understanding of the law. Congress is worried about “brain drain” by losing young […]
Where Will You Buy Health Insurance in 2014
Next year where will you get health insurance from? Health Insurance will come from the same places that you are buying it from today. It may be delivered in a different platform. Currently you purchase health insurance from the individual market, employer sponsored group health plan, COBRA, HIP, Medicaid or Medicare. In 2014, you purchase health insurance from […]
4 Questions For Large Group Health Insurance Rebate Checks.
Did you recieve a rebate check from your group health insurance company? This check was sent to you by the health insurance company in accordance with the Patient Protection and Affordable Care Act (PPACA), also referred to as health care reform. What is this rebate for? As part of the 2010 Health Care Reform legislation, insurers are required to issue rebates […]
