Health insurance exchanges are, perhaps, the most accepted provision of last year’s Affordable Care Act. While some states have railed against the notion of the federally mandated program, most have been eager to explore their options. States have been slow to pass legislations making the exchanges possible, but have wasted no time in making preparations for the system. According to a new report from the Institute of Medicine, however, the future of insurance exchanges may be in jeopardy if federal legislators cannot solve the expensive flaws in the system. Exchanges…
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Institute of Medicine submits recommendations for national health care package
The Institute of Medicine, a non-profit independent organization comprised of medical and insurance professionals, has submitted recommendations to the federal government concerning a health care initiative that would make basic benefits available to all Americans. The organization was tasked by Congress to determine action regarding the initiative earlier this year. Researchers have been examining the potential impact the plan would have on the nation’s economy and how it would synergize with the overarching health care law. According to the Institute, such a plan is well worth the effort. According to…
Read MoreStates rally against health care reform, petition Supreme Court to solve the problem
Twenty-six states and several small business advocacy groups have officials petitioned the U.S. Supreme Court to rule on the issue of the Affordable Care Act. The states are urging federal judges to strike down the entirety of the law, ruling every provision as unconstitutional. The Affordable Care Act, signed into law last year, was meant to bring sweeping changes to the nation’s health care system, but the law has, thus far, succeeded only in spawning a great deal of controversy and opposition. The health care law, once fully enacted in…
Read MoreObama’s healthcare reforms cause tricky debate among federal judges
A federal appellate judge panel with conservative inclinations has expressed apprehension regarding the Obama administration’s healthcare laws, but has also indicated that it may be premature to challenge the overhaul. The case before the U.S. Court of Appeals in Washington involves a lawsuit that is arguing whether or not Obama’s massive healthcare reforms have caused Congress to step outside its authority in giving people the choice starting in 2014 to either purchase health insurance or pay a tax penalty. Former top George W. Bush aide, Judge Brett Kavanaugh, who received…
Read MoreNew Jersey taking tentative steps toward a health insurance exchange
New Jersey may be one step closer to building its own health insurance exchange after state officials, industry analysts and stakeholders met Wednesday to discuss the issue. The meeting was hosted by the NJ for Health Care and NJ Citizen Action Education Fund. Both organizations advocate health care reform for the sake of New Jersey residents. Born from the meeting was a common consensus that the state should take measures to establish its own insurance exchange to ensure that it has control of the program by the 2014 deadline. Ray…
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