Health care reform provision is helping consumer tremendously

May 15, 2014May 14, 2014 Logan B.

Medical loss ratio provision is turning out to be a major boon for consumers One of the provisions of the Affordable Care Act is having a major financial impact on the country by providing better benefits to consumers. The Commonwealth Fund has released a new report that highlights the affect that this provision of the health care reform law is having. The report shows that consumers have received some $3.25 billion in benefits over the past two years. This due to the provision known as the medical loss ratio. Provision…

Health insurance needs to step it up to reach young people

February 5, 2014February 3, 2014 H. Cutner

Now that the health care reform is in full swing, college age consumers aren’t enrolling. One of the factors that is the most central determining whether the health care reform will be successful over the long term has to do with enrolling a large number of young people in health insurance plans. Unfortunately, as of yet, this age group does not seem to be making much of an effort to sign up. The mid-January report from the Department of Health and Human Services (HHS) revealed that this key component to…