California’s leading business organizations announced that they have joined together to launch a first-its-kind business-oriented website aimed at providing accurate and easy to understand information about the Patient Protection and Affordable Care Act. The Health Law Guide for Business, tailored specifically for the business community, will help business owners navigate through all 2,409 pages of the health care law with one simple website www.healthlawguideforbusiness.org. “The Health Law Guide for Business is a practical and fact driven website that houses the most current information regarding the new health care law. It…
Read MoreTag: federal health care law
Department of Health and Human Services issues legal briefing regarding Affordable Care Act
As the Affordable Care Act continues its slow march toward the Supreme Court, the Department of Health and Human Services has issued a legal brief regarding the matter. The federal health care law has come under fire largely due to one of its provisions. The provision requires all U.S. citizens to purchase some kind of health insurance. 26 states have come together to combat this provision, along with some of the other aspects of the law. The HHS claims that if the individual insurance mandate is declared unconstitutional, the Supreme…
Read MoreInsurance regulators pass controversial resolution to amend the Affordable Care
The National Association of Insurance Commissioners (NAIC) gathered this week to vote on a controversial resolution that would have drastic effects on a consumer protection clause of the Affordable Care Act. The provision would have saved consumers nationwide approximately $1 billion in premiums while offering them protections from future rate hikes. The provision is also part of the controversial medical loss ratio provision of the health care law – which requires insurers to pay no less than 80% of their premium money on medical care. Regulators have been divided on…
Read MoreWyoming looks to build its own health insurance exchange
Wyoming has taken its first tentative steps in building its own health insurance exchange. The state has launched the Wyoming Health Benefits Exchange Steering Committee. The members of the committee are tasked to examine the benefits and failings of an exchange program and determine how the state can successfully implement such system. While the federal health care law is shrouded in uncertainty as it awaits a constitutionality ruling from the Supreme Court, Wyoming legislators are not willing to spend more time speculating on the exchange. According to federal law, each…
Read MoreFlorida to build an independent insurance exchange exclusively for small business
Amidst ongoing controversy surrounding the federal health care laws, Florida has opted to take its own approach on a mandated insurance marketplace. The law requires that all states have a working health insurance exchange in place by 2014. The exchanges are meant to be an online insurance marketplace where consumers can find affordable policies. Florida stood in opposition for the federal health care law since it was passed in 2010, and state legislators have expressed their discontent for the exchange initiative in the past. Now, the state is attempting to…
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