Denying a petition to loosen marijuana restrictions, U.S. officials said regulations on the drug’s use will remain in place, although more of it may be available for research into potential medical therapies. Continue reading
The U.S. Department of Health and Human Services (HHS) has released a sample employer notice that the federally-facilitated Marketplace and some state-based Health Insurance Marketplaces (Exchanges) will be using as part of the employer notice program. This program requires the Marketplaces to notify employers that one of their employees has been determined eligible to receive advance payments of the Premium Tax Credit, and/or cost-sharing reductions by enrolling in a Marketplace plan. Because these actions may trigger employer penalties under the Affordable Care Act’s (ACA) “pay or play” provisions, an employer appeal request form has been provided by HHS. Continue reading
Obamacare has provided health insurance to some 20 million people. But are they any better off?
This has been the central question as we’ve been watching the complex and expensive health law unfurl. We knew the law was giving people coverage, but information about whether it’s protecting people from debt or helping them become more healthy has been slower to emerge. Continue reading
Advisers are finding more and more employers interested in cost saving options for medical plan offerings with the new ACA mandates. Many brokers are advising high deductible health plans because of the lower monthly cost. Is there a gap in coverage from offering these seemingly inexpensive options? Many employees are satisfied with the monthly savings at first until they have a trip to the emergency room or find out they need surgery. Continue reading
There are a range of illnesses that can prompt a self-funded employer to make a claim on their stop-loss insurance policy, but a new study by Sun Life Financial Inc. finds that a majority (53 percent) of the $5.3 billion in such claims paid by insurers from 2012 to 2015 came from 10 ailments. Continue reading
Opponents of marijuana, beware: A study has found that in states where marijuana is legalized, Medicare saved millions of dollars as marijuana displaced other prescription drugs as an alternative treatment. Continue reading
(Reuters) – UnitedHealth Group Inc is still losing money on the individual insurance business created under U.S. President Barack Obama’s national healthcare reform law due to customers’ high medical costs, the company said on Tuesday. Continue reading
Story indicated that some small businesses hesitate to offer stronger benefits packages due to several common concerns: “…from the time it takes to administer them, to the lack of perceived value, to the return on investment Continue reading
