Cigna and Oscar Insurance Partnership to Sell Small Business Health Plans

Small Business Health Plans - Doctor with stethoscope

The insurers have announced they will be launching the products in several U.S. markets. Cigna and Oscar Health have announced their intentions to launch small business health plans across a number of commercial markets in the United States. The partnership intends to move forward with the move together, letting them split the potential risk. Oscar is an insurance company best known for selling individual plans on the Affordable Care Act’s exchanges. The company has been seeking to broaden its offerings in a growing number of American individual and small business…

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Obamacare enrollment through HealthCare.gov has dropped to 8.3 million

Obamacare Enrollment - people statistics

Those figures are about 200,000 lower than they were at the same time last year. New HealthCare.gov data has shown that Obamacare enrollment has dropped by about 200,000 since last year. This has brought the current numbers to 8.3 million on the federal exchange site, said the U.S. government. The data is only preliminary, but it indicates that Americans haven’t enrolled at the same rate. The Obamacare enrollment data includes only the sign-ups made through the HealthCare.gov federal exchange site. It includes the numbers as of December 17, and therefore…

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Affordable Care Act health insurance mandate struck down in federal appeals court

Health Insurance Mandate - Court building - law

Judges have sent back the case to decide if other components of Obamacare can remain without it. Last week, a federal appeals court struck down the health insurance mandate component of the Affordable Care Act. This ruling involved the portion of Obamacare that made it a requirement for Americans to purchase coverage, calling it unconstitutional. That said, the remainder of the ACA has not been invalidated, but has instead been sent back. The appeals panel did not rule on the remainder of the Affordable Care Act beyond the health insurance…

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New York Governor Cuomo directs insurers to cover vaping cessation costs

Vaping cessation - Person using E-cigarette - vaping

The state is making another move to overcome its portion of the country’s e-cigarette use problems. New York Governor Andrew Cuomo and the N.Y. Department of Financial Services is directing insurance companies in the state to cover vaping cessation costs. The governor has ordered the department to direct insurers to pay related treatment expenses. As a result of this order, insurance companies will need to pay the costs of vaping cessation treatments without requiring policyholders to contribute via deductible, co-pay or co-insurance. Insurers will be required to offer the same…

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California residents with no health insurance risk tax penalties

No Health Insurance - Person holding money

Uninsured people living in the state may have to shell out for failing to enroll in a health plan. California residents are being advised that a new state law says that if they have no health insurance, they may face a significant tax penalty. This regulation would apply to next year’s health plans and those in following years. That said, it’s important to note that not all people with no health insurance will be required to pay. There are certain exceptions that will allow some residents to be able to…

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Best Health Insurance Plans For Your Employees

best health insurance plans for employees

If your business is growing, you need insurance. Not only can the right insurance package help attract better employees, but you can even save money thanks to tax credits and deductions as you can check with your accounting advisor to tell you. Legally, you only have to offer insurance if you have 50+ full-time employees, but it’s still worth pursuing insurance for the sake of your employees’ health. Your team counts on you to provide for them. Insurance shows you care about their wellbeing, and that you want to ensure…

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Federal judge denies Trump’s push to block immigration visas without proof of health insurance

Proof of health insurance - Lady Justice

Judge Michael Simon in Oregon ruled against the administration’s demand for coverage confirmation. A federal judge in Oregon has ruled against the Trump administration’s requirement for legal immigrants to show proof of health insurance in order to receive a State Department visa. The judge determined that the requirement would conflict with the Immigration and Nationality Act. According to Judge Michael Simon’s ruling, “the President’s Proclamation requiring legal immigrants to show proof of health insurance before being issued a visa by the State Department is inconsistent with the INA.” This is…

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