Despite daunting opposition, the Department of Health and Human Services has remained firm on the medical loss ratio provision of the Affordable Care Act. The medical loss ratio provision requires that insurers pay no less than 80% of premium money on improving medical care. The provision has gained rabid opposition from the nation’s health insurance companies, who have been fighting to have administrative expenses and independent insurance broker fees removed from the mandate. The HHS, however, has issued a final ruling on the matter, claiming that most of the nation’s…
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Health insurance regulation receives growing support
Though the public still continues to debate over the benefits of the new mandate that will require all Americans to have health insurance, a new CNN/ORC International Poll has suggested that the support for this central element to the 2010 healthcare reform legislation has been increasing since June 2011. The results of this survey were released just as the Supreme Court has taken on the decision of whether or not the massive healthcare system changes by President Barack Obama, which was passed by a Democratic Congress, is indeed constitutional. It…
Read MoreLegal battle regarding federal insurance mandate to take place in Minnesota this week
The latest development in the ongoing saga of opposition against the federal Affordable Care Act is set to take place the U.S. Court of Appeals for the Eighth Circuit in Minnesota this week. The provision in question is an insurance mandate imposed by the new law that states that all U.S. citizens must purchase some kinds of health insurance or face major penalties. Two Missouri residents have filed a lawsuit against the federal government concerning the matter. While the lawsuit itself comes only from two people, they are backed by…
Read MoreGeorgian judges rule against federal health insurance mandate
A federal appeals court in Atlanta, Georgia, has ruled against the federal insurance mandate as laid out by the Affordable Care Act. The ruling from the 11th Circuit Court of Appeals is only the second in the nation where judges founding the mandate unconstitutional. This is a major victory for opponents of the health insurance mandate as the ruling will hasten the law to the Supreme Court where its ultimate fate will be decided. Georgia has opposed the concept of a federally imposed health insurance mandate since the law was…
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