A number of states have indicated that they aren’t yet pushing ahead on their creation of the insurance exchanges that are required by the Obama Administration’s healthcare overhaul until the Supreme Court has made its decision regarding whether or not that element of the reform is overturned or repealed. The primary concern with this tactic, though, is that by that point, it may be too late to begin working on the insurance exchanges in order to have them in place by the deadline. The Obama Administration will be making the…
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New insurance fee to pay for medical treatment studies
Beginning in 2012, there will be a new federal fee applied to health insurance policies which will be applied to research studies that will help to determine which types of treatments, tests, procedures, and drugs are the most effective. The purpose of these medical studies is to identify whether new tests and treatments truly are as effective as their less expensive generic counterparts. This is a portion of the Obama administration’s health care law that has not received as much hype as other elements such as the state insurance exchanges.…
Read MoreWellmark Blue Cross/Blue Shield not entirely sold on insurance exchange
The largest insurance provider in Iowa, Wellmark Blue Cross/Blue Shield, is still debating whether or not it wishes to take part in the insurance exchange in the state. If this insurer does not take part, it could be destructive to the entire insurance exchange initiative. The state insurance exchanges are considered to be a key component of the healthcare reform program for the entire country. Supporters of the exchanges are saying that the systems and services they will establish will assist millions of small businesses, families, and individuals to better…
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