Regulations put into place from the system wide overhaul have customers spending less. The results of a study by the Commonwealth Fund, a research institution, have now been released, indicating that the health insurance rules that have been put into place by the healthcare law reforms have caused system wide improvements in efficiency that saved Americans almost $1.5 billion last year. The law’s provision says that insurers must spend at least 80 percent of collected premiums on medical care This is the case among insurers selling plans to individuals and…
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Health insurance benefits regulations released by HHS
The department has now provided additional information to assist the states. The U.S. Department of Health and Human Services has now issued additional details regarding health insurance benefits requirements that have to do with coverage of prescription drugs. The cover has now been further strengthened for the millions of people who will be buying plans. These prescription drug benefits regulations will apply to health insurance policies that will come available late in 2013, in time for the official complete opening of the state exchanges, as per the overall healthcare overhaul…
Read MoreHealth insurance Medicaid expansion in South Dakota still undecided
Providers of healthcare services in the state are urging lawmakers to broaden the program. With the election behind us, the healthcare reforms are now certain to take place, and states are now facing a tight deadline to make their health insurance system decisions, including whether or not they will be establishing their own exchanges, and if they will take part in the optional Medicaid expansions. At the moment, hospitals and doctors in South Dakota are asking the state to widen its Medicaid. They have been urging the state government to…
Read MoreHealth insurance exchange in Wisconsin now faces a tight deadline
States that have not yet decided how they will be complying with the healthcare reforms must act quickly. Wisconsin is among the states that have not yet decided whether or not it will be running its own health insurance exchange and how it will be applying the required elements of the Affordable Care Act, but the deadline is now looming. Governor Scott Walker has been delaying the final healthcare reform decisions for more than a year. The reason that Walker gave for his delays was one that has been common…
Read MoreResearch reveals gaps in coverage from health insurance
A recent U.S. survey shows gaps in the health insurance coverage among American adults. A health insurance survey conducted by the Commonwealth Fund nonprofit has shown that among American adults between the ages of 19 and 64, more than one in four did not have coverage at some point in 2011. Almost 70 percent of those individuals had already been without coverage for over a year by that time. The Commonwealth Fund is considered to be a leading health policy authority. These areas of lacking in health coverage are one…
Read MorePremiums decrease and enrollment increases for Medicare Advantage
According to the Department of Health and Human Services, the part of the Medicare program that provides recipients with the ability to select their own private insurance have seen a drop in their premiums by an average of 7 percent, and there has been an increase in enrollment by 10 percent. According to Kathleen Sebelius, a Health and Human Services secretary, this has been an ongoing trend for Medicare Advantage system, which helps to work against the negative forecasts that have been made by those in opposition to the health…
Read MoreAmericans speculate regarding the outcome of the Supreme Court’s decision regarding the health care reforms
According to a poll performed by the Kaiser Family Foundation, the majority of people in the United States believe that the Supreme court will rule against the law at the center of the health care reform that would require Americans to purchase health insurance, and that it will deem this law to be unconstitutional. Slightly less than one third of Americans believe that the Affordable Care Act provision of the healthcare overhaul will be upheld by the Supreme Court. When the participants in the poll were asked whether or not…
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