Washington State Upholds Innovative Long-Term Care Insurance Program In a decisive move, voters in Washington State have chosen to uphold the state’s pioneering long-term care insurance program, WA Cares. This decision comes after the rejection of Measure 2124, a ballot initiative aimed at dismantling the program. WA Cares stands as the first of its kind in the United States, offering residents up to $36,500 in long-term care benefits, with adjustments for inflation. The program is funded through a payroll tax surcharge of 0.58 percent, impacting all workers in the state.…
Read MoreCategory: Health Coverage
Daily articles posted on health insurance changes for all lines of business. Whether you are an agent or a small business owner you will be captivated in how much this industry is changing in the United States today.
4 Key Benefits of Implementing Cloud Medical Software in Your Practice
Cloud Medical Software: Elevating Data Security and Compliance in Healthcare The digital revolution has seen many healthcare providers increasingly turn to the use of technology in their practices to enhance efficiency and accessibility and offer patients better care. One of the innovations that they have adopted is the cloud medical software which has significantly transformed the way that practices operate. Below are some of the key benefits of implementing cloud medical software in your practice as a healthcare provider: Improved data security and compliance Patient’s private data is extremely sensitive…
Read MoreGLP-1 Insurance Coverage in the Corporate World
In recent years, prescription weight loss medications have become increasingly popular and common among consumers around the world. At the same time, access to weight loss drugs like GLP-1 can be challenging due to the associated costs with the medication. CNBC’s report on obesity drug insurance among employees found that 76% of companies surveyed provided GLP-1 drug coverage for diabetes but not for weight loss. On the other hand, only 27% provided coverage for weight loss. At the same time, smaller businesses have an even harder time providing coverage for…
Read MoreMedicare Agents Should Prepare For Very Busy And Confusing AEP
Challenges Loom for Agents During Medicare’s Annual Enrollment Period Amid Major Plan Withdrawals Medicare’s Annual Enrollment Period (AEP) is always a busy time for Medicare agents. “This year will likely be worse,” predicts Jesse Slome, director of the American Association for Medicare Supplement Insurance. “Several things are all happening at once that will impact seniors,” Slome shares. “A number of major Medicare Advantage plan providers have already announced plans to cease offering coverage. Humana, for example, said this could impact 500,000 plan participants.” Several other major insurers, for example Aetna,…
Read MoreThe High Cost of Health: Who Gets Weight Loss Prescriptions?
Disparities in Weight Loss Prescriptions The disparity in access to medications like Wegovy, Rybelsus, and Ozempic highlights a significant issue within the U.S. healthcare system. Despite the increasing medical applications of these drugs, which include managing diabetes and potentially preventing heart disease and stroke, many insurers remain reluctant to cover them for weight loss. Medicare, for example, is legally barred from covering weight-loss drugs unless the patient presents serious health risks. This limitation leaves over two-fifths of American adults who are obese but otherwise healthy without coverage options. Federal spending…
Read More