America’s largest restaurant chain, McDonald’s, plans on keeping their “mini-med” plans for employees according to the article “McDonald’s Fights Back Against Report It Will Drop Health Care Plan” by Daniel Arnall and Huma Khan. There were some rumors the plans were being dropped which would be bad news for employees, but this is not the [...]
Archive for November, 2010
Some Health Insurance Companies Stopping Child-Only Plans
A handful of well-known health insurance companies are stopping all child-only health insurance policies according to the article “Some Insurers To Halt New Child-Only Policies” by NC Aizenman found on WashingtonPost.com. This is in response to the new healthcare law that will require these types of plans to accept children with preexisting conditions as of [...]
Humana Health Insurance Wins Medicare Approval
According to the article “Humana Wins Medicare Approval for 2011 Plans” found on BusinessFirst.com, Humana INC has received federal approval for its 2011 Medicare Advantage as well as its Prescription Drug Plan offerings. This is based upon information from the US Securities and Exchange Commission. Specific details about their plans have not been released yet, [...]
What’s Going to Happen to Medicare Advantage?
Many health care experts are concerned about the affect health care reform will have on current Medicare Advantage plans across the nation. According to the article “Obamacare Could Shut Out Medicare Advantage” by Marcia Davis-Seale on DailyTribune.com, about 50% of all seniors with Medicare Advantage will lose their plans because of payment cuts that will [...]
Employer Sponsored Health Insurance Down
The amount of employees using health insurance plans from their employees is down, especially in New York. According to a new report by the New York State Health Foundation, New York workers are using their employer’s health insurance coverage at a lower rate than across the nation and much lower than they were ten years [...]
Another Victory for Healthcare Bill
A recent lawsuit filed by the Thomas More Law Center against the mandate in President Obama’s healthcare reform bill was denied by a US judge according to the article “US Judge Upholds Individual Mandate in Obama Healthcare Law” by Jeremy Pelofsky on InsuranceJournal.com. The mandate to carry health insurance has many Americans up in arms, [...]
Proposal for Medicare Vouchers
According to the article “Vouchers Proposed for Medicare in 2021″ by Jackie Calmes on NYTimes.com, Washington has proposed to turn Medicare into a voucher program in 2021, and also raise the retirement age and give states the ability to handle Medicaid through grants. This was proposed by two members of President Obama’s debt reduction commission, [...]
Health Insurance Exchanges
According to the article “Midwest States Getting $1M Each for Health Exchanges” found on InsuranceJournal.com, federal officials claim Illinois, Nebraska, South Dakota, and North Dakota will be getting $1 million each to assist the states establish health insurance exchanges. These health insurance exchanges have been created by the federal government through the Affordable Care Act [...]
Employers Dropping Health Plans
With more and more employers dropping their health plans for their employees, consumers will have to turn to government plans or individual health insurance plans to meet their coverage needs. According to the article “Many Employers Likely to Drop Health Plans in 2014″ by Rick Lindquist on ZaneBenefits.com, many more employers will be cancelling their [...]
