CHANGES to Obamacare Plans for 2020

Health and Human Services recently released an update on 2020 rules. Only a few changes that directly affect customers. In addition to a bunch of internal changes (lowering exchange fees and risk adjustment models for example), here are the significant differences for next year: Cost-sharing amounts paid for RX manufacturer coupons will no longer count towards meeting your out of …

Medicare for All

Its clear that Bernie Sanders is making “Medicare for All” the keystone in his push for the 2020 Democratic Nomination. The topic of guaranteeing health care for all Americans is popular so its a smart move on his part, and makes for easy sound bites. “Together we are going to end the international embarrassment of the United States of America, …

Can selling across state lines work?

The Washington Post reports that “The Trump administration is seeking ways to allow more health insurance plans to be sold across state lines — an effort that could involve implementing a part of the Affordable Care Act the Obama administration left untouched. “The Centers for Medicare and Medicaid Services invited insurers and other stakeholders to give input over the next …

Will Congress vote away pre-existing exclusions?

From AP 6/14/18, click here for full story The media  has grasped onto recent Trump administration statements as being aimed at pre-existing conditions.  “At issue is Attorney General Jeff Sessions’ recent decision that the Justice Department will no longer defend key parts of the Obama-era Affordable Care Act in court. That includes the law’s unpopular requirement to carry health insurance, …

So what, exactly, did Trump eliminate on the Subsidies?

The President, in signing an executive order this past week, stopped all payments for Cost-sharing Subsidies.  Now, in a language most of you can understand:  This does not eliminate subsidies.  The Government is continuing to pay these and apparently will continue “Cost-sharing Subsidies” are only received by those on Silver plans below 250% of the Federal Poverty Level The plans …

HSA Update -why you should be using them!

Great article byLoretta Metzger, Employee Benefit Advisor, 3/13/17 As the cost of healthcare zooms upward, many employers are shifting to high-deductible health plans, which include a lower monthly premium and, as the name implies, a higher deductible. In 2016, 29% of all insured employees were enrolled in HDHPs — an increase of 9% since 2014, according to Kaiser Family Foundation. …