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, …
This week in the “American Health Care Act”
The administration has laid out a three pronged approach. The first step is “Repeal and Replace ObamaCare” (which looks a lot more like “repairing” – which is probably good). This would involve eliminating individual and employer mandates, unburdening the tax load placed by the ACA, revitalizing Medicaid, and expanding Health Savings Accounts.
So what is the “American Health Plan” from the house?
Thanks to Keith Zuckerman from PGP for this: Below are comments from our government affairs people at NAHU plus a very good summary of the new bill House GOP’ers put forth yesterday. Keep in mind that this has a long way to go to become law and we will keep you apprised of future developments. Some of the highlights are: …
Insurers to leave ObamaCare if no clear pathway
Health insurers want to see how Congress intends to replace Obamacare before they commit to offering policies for 2018, a new survey has found.
The Collapse Of ObamaCare
On November 7, 1940, Gallopin’ Gertie collapsed. If you are not familiar with the story, there is a great video clip of the failure in Tacoma, Washington. The bridge was only open for 130 days. “From the time the deck was built, it began to move vertically in windy conditions. Despite numerous warnings, officials decided to open the bridge anyway. …
Do you allow your employees to waive coverage? Read this!
In Notice 2015-87, the IRS addressed the impact of employer opt-out payments — payments made to employees who decline enrollment in an employer’s group health plan — on affordability for ACA purposes. Employers who do not offer group health coverage that is affordable as defined under the ACA risk significant penalties. For 2016, group health coverage is considered affordable if …
OSCAR Health Plans leaving NJ
PRESS RELEASE 8/23/16: Today, we’re announcing that Oscar has decided to withdraw our plans from the New Jersey market beginning January 1, 2017. We will continue to serve the New York, Long Island, San Antonio, Los Angeles and Orange County markets, and we will begin serving the San Francisco market, effective January 1, 2017. We will continue to pay …
Medicare Part D Notices required by 10/14
Each year, Medicare Part D requires group health plan sponsors to disclose to individuals who are eligible for Medicare Part D and to the Centers for Medicare and Medicaid Services (CMS) whether the health plan’s prescription drug coverage is creditable. Plan sponsors must provide the annual disclosure notice to Medicare-eligible individuals before Oct. 15, 2016-the start date of the annual …
AETNA COVENTRY leaves SC individual Market
As expected, AETNA/Coventry is leaving the South Carolina individual medical market as of January 1. This has a couple of important ramifications. For more on their nationwide pullout of Obamacare, click here. IMPACTS- IF you have AETNA/Coventry individual Coverage now- you will have to make a new choice for January 1, and we will help with that. …
SC ObamaCare Exchanges to “implode”?
This is from the Post Courier on July 2. For the full article, click here. COLUMBIA — With insurers struggling to make money and access to plans severely limited, top South Carolina health officials warn the Obamacare health insurance marketplace is on the verge of collapse. Obamacare was supposed to create a competitive platform for customers to shop for coverage. …