Gov. Patrick has suggested a few tweaks to the current law that may eliminate a healthcare struggle. The implementation of the core element of the healthcare reforms are now less than a year away, and the Governor of Massachusetts, Deval Patrick, has proposed an adjustment to the state’s own healthcare access law from 2006, which would apply a penalty to employers who are not making a “fair” contribution to the health insurance benefits of their employees. The alteration to the law would be called the “employer responsibility contribution”. That new…
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Health insurance exchanges for 20 states have received their approval
Another eight states have now received the all clear in the form of a conditional federal approval. The U.S. Department of Health and Human Services (HHS) has just announced that an additional eight states have now received their conditional approval for their state based health insurance exchanges, bringing the total number in the country up to 20. These approvals have been coming through since last week and allow those states to begin moving forward. Among the newest additions to the approved list for their health insurance exchanges are Hawaii, Utah,…
Read MoreHealth insurance decisions will need to be made by businesses
There is now less than a year for companies to decide on the employee benefit options they wish to provide. With New Year’s Day behind us, there is now less than one year before the heart of the healthcare reforms go into effect, causing companies to need to take a serious look at the health insurance benefits that they intend to offer once January 1, 2014 comes around. The overhaul to the system and the coverage laws will reshape the way American employers offer benefits. After the healthcare reforms go…
Read MoreHealth insurance exchange approval for states
At the same time that the federal government had a fiscal cliff deadline, it also owed the states its decisions. The start of 2013 brought not only a great deal of attention to the decisions that would be made by the federal government regarding the fiscal cliff, but it also represented the time that the approvals would be given (or denied) to states regarding their plans for health insurance exchanges. The Secretary of Health and Human Services announced whether the proposals made by the states were approved. There are 24…
Read MoreHealth insurance exchanges in 6 states receive federal approval
Obama has given the nod to the marketplaces that have been proposed by states. The federal government has provided its conditional approval to the health insurance exchanges that have been proposed by six states that are moving forward on their versions of the healthcare reforms. Each of the states that have received this approval are led by Democratic governors. These states are made up of Massachusetts, Washington, Connecticut, Colorado, Oregon, and Maryland. Equally, the federal government failed to give its approval to other states that had proposed a partial Medicaid…
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