The Repeal of Health Care Reform
The house is going to vote on repealing the health care reform. Most news outlet are stating this is a symbolic gesture. I think its a lot more than that. The healthcare reform bill is a huge gamble with 1/6th of the economy. The health care reform bill has done nothing to address the cost […]
Hospitalization and Surgical Health Plans
As health insurance prices continue to surge we are seeing a higher demand for Surgical and Hospitalization health plans. This type of approach for health insurance is being entertained in both individualand small group health markets. These plans show a change in how we view health insurance. People are willing to take out a plan […]
How Health Reform Will Impact You In 2011
As we enter in 2011 more aspects of health care reform will have a direct impact on you. All wellness and preventive care is now covered at 100% with not cost to the customer. So there is no reason not to get your yearly check up. Technically speaking if you have diagnostic services done for wellness […]
Health Saving Account
In 2003 the Medicare Prescription Drug, Improvement, and Modernization Act went into place and created the Health Savings Account. The health saving account is a high deductible health insurance plan. All medical claims go towards the deductible for the exception of wellness. All preventive and wellness procedures are covered at 100% with no cost to […]
Guaranteed Issue for Children Under 19
Under the health care reform children under 19 can not be denied or pre x on health insurance. This law is now in place and the carriers have developed strategies on the law. The first thing the carriers have done is completely with drawn from the stand alone children’s policy. So now in this country you […]
Medical Loss Ratio Explanation From Anthem
The new Medical Loss Ratio will have a huge impact on health insurance companies. There is major concern in the industry that we could see some carriers pull of certain markets. The market that creates the most concern is the Individual market. This segment of insured represent a small portion of the overall block of […]
Health Insurance Exchange
Right now the state has taken the federal grant to explore setting up a state base exchange vs a federal exchange. This is very important on the future of health insurance and health care in the state of Indianapolis. If it is a state based exchange then we should see competition within the carriers operating […]
New Indiana Grandfather Rules for Health Care Reform
New Rule for Grandfathered Plans Under the Patient Protection and Affordable Care Act (PPACA), health plans that existed on March 23, 2010 are generally considered “grandfathered plans.” Grandfathered plans are exempt from some of the health care reform requirements, including coverage of preventive care services with no cost-sharing and patient protections such as guaranteed access […]
Update On Health Insurance
As we enter the 4th quarter of 2010 we have seen major changes in health insurance. Most of this is do to the health care reform. In the individual health insurance markets we have seen a decline in carrier competition. There are less plans to choose from and this is a direct result of health […]
Indiana’s State Government Lowers Expected Cost of Health Care Reform
A new estimate has lowered the expected cost of the federal health care overhaul to Indiana’s state government to perhaps $2.6 billion over the next decade — $1 billion less than an initial projection made last spring. With health care reform we are going to see an expansion of medicaid. This expansion is going to […]
