The Obama administration has released a new set of rules for the states that involve broad new operating regulations for their healthcare exchanges. These state-run health insurance exchanges make up the heart of the system’s overhaul from 2010, which will be facing hearings in the Supreme Court before the end of the month. These rules, which were issued by the Department of Health and Human Services, have been long awaited by the states, and are designed to provide their officials and lawmakers with greater flexibility on the federal deadlines that…
Read MoreTag: health care reform summary
What should you expect from the healthcare reform today, tomorrow, and into the future?
No matter what you may think about the reforms from the Affordable Healthcare Act of 2010, the changes are already under way and they will continue on until they are required to be set in place in 2014. By that time, Americans will all be required to have some form of healthcare insurance coverage. However, there are still a large number of people in the country who are not yet fully aware of what the changes entail and how they – and their families – will be effected by them.…
Read MoreSeveral states await Supreme Court decision before driving forward with insurance exchanges
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until the Supreme Court has made its decision regarding whether or not that element of the reform is overturned or repealed.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…
Read MoreMassachusetts insurance exchange awarded funds to help it fall in line with the Affordable Care Act
Massachusetts is currently one of the few states that has a working insurance exchange in place. The state’s online marketplace has been a boon for those looking for affordable health insurance policies but it does not comply with the standards established by the Affordable Care Act. Instead of requiring the state to scrap the project and start from scratch, the Centers for Medicare & Medicaid Services, and auxiliary arm of the Department of Health and Human Services, has awarded the state with funding to help legislators make necessary changes. He…
Read MoreFinal simplification rules for insurance policies issued by the Obama administration this week
The Obama administration has issued the final rules regarding how insurance companies will make policies easier to understand this week. The government has been working on the rules since the passing of the Affordable Care Act in 2010. The endeavor aims to make the language of insurance policies more clear and straightforward. There have been some delays in the initiative as insurance groups asserted that some policies could not be simplified because they did not cover simple circumstances. Nonetheless, the final rules have been issued this week, requiring all insurers…
Read More