(Bloomberg) — Aetna Inc.’s $37 billion deal to buy rival insurer Humana Inc. was blocked by a federal judge, thwarting one of two large mergers that would reshape the U.S. healthcare landscape. Aetna said it was considering an appeal.
(Bloomberg) — Aetna Inc.’s $37 billion deal to buy rival insurer Humana Inc. was blocked by a federal judge, thwarting one of two large mergers that would reshape the U.S. healthcare landscape. Aetna said it was considering an appeal.
The link below is to a very interesting website called Fair Health. It allows you to calculate your potential costs if you go out of network.
We will hear about the “repeal and replacement of ObamaCare” everyday for a while. Not much as actually happened yet, and I will discuss that later in this post.
The insurance Brokers Lobbying group is active, seeking “the preservation and enhancement of the employer-sponsored insurance group and health insurance marketplace.” They point out that ObamaCare “… has a million moving pieces and lots of potential implications and intended consequences – and potential unintended consequences – depending on which replacement plan you’re looking at.”
It appears that the administration has thrown everything on the table – including age 26 coverage, pre-existing conditions, and other popular benefits. Meanwhile, its clear what needs to be addressed:
Reeves Recommendations:
What has happened?
Essentially the action so far, on the morning of January 25, has to be to provide wide latitude to federal agencies to “change, delay or waive” parts of ObamaCare.Here are links to this weeks ObamaCare news… this appears to be a temporary measure to give them time to come up with a replacement plan. The concern is “They warn that effectively gutting the mandate – or even suggesting to consumers that they won’t face any penalty for not buying coverage – could unravel the individual insurance market and prompt insurers not to offer plans in 2018. That could lead to 20 million Americans losing coverage next year.”
https://www.pgpbenefits.com/trump-issues-executive-order-scaling-back-parts-obamacare/
This is a pretty common question – I probably get asked it a couple of times a month. In addition to at least two hours of reading each week (minimum) and paying attention to current events, in 2016, I had more than 100 hours of formal training (online, webconference or in person) in these areas:
Healthcare.gov (8 hours)
Specific Carrier and Plan Training (25 hours)
Regulations and changes (24 hours)
Retirement Plans and Investments (24 hours)
General Knowledge (21 hours)
“If you have at least 50 full-time employees, including full-time equivalent employees, on average during the prior year, your organization is an ALE…. If your workforce exceeds 50 full-time employees for 120 days or fewer during a calendar year, and the employees in excess of 50 during that period were seasonal workers, your organization is not considered an ALE. For this purpose, a seasonal worker is an employee who performs labor or services on a seasonal basis.”
Internal Revenue Service [IRS]