These two states require coverage of this nature and are telling insurers to stop denying healthcare. California and Oregon regulators have now issued a relatively quiet directive to some health insurance companies in order to have them cease their policies for denying coverage to transgender patients due to the nature of their gender identities. Insurers in these states aren’t required to provide specific medical treatments but cannot deny healthcare. The regulators in California and Oregon have now instructed some private health insurance companies that they cannot deny the claims for…
Read MoreTag: healthcare insurance
Demand for breast pumps soars under Obamacare
Stories about organizations fighting the clause in the new Affordable Care Act or referred to as Obamacare which requires companies to cover birth control have dominated the headlines as of late, but a lesser known clause is causing a scramble to provide new mothers with breast pumps. Small clause creates big stir Some of the ACA clauses and conditions kicked in January 1, 2013. One of these is a requirement that breast pumps are covered by insurance companies. New mothers can get free consultations with lactation experts at no…
Read MoreAffordable Care Act continues to generate controversy
Affordable Care Act again draws attention from Supreme Court due to contraception provision Through the Affordable Care Act has been upheld by the U.S. Supreme Court, the drama surrounding the federal health care reform tax penalty has yet to dissipate. Several states still stand in opposition to the Affordable Care Act, despite the ruling of the Supreme Court, which is creating significant tension in Congress. Now, the Supreme Court has returned to the controversy surrounding the Affordable Care Act with a new ruling on one of the law’s key provisions.…
Read MoreS&P Capital IQ forecasts gains for health insurance providers
S&P Capital IQ expects health insurance providers to see gains in 2013 S&P Capital IQ, a leading provider of real time research and analytic data, expects to see to see health insurance providers see better earnings and higher share prices in 2013. Over the past year, health insurance companies have been working to overcome several challenges that have threatened to destabilize the industry and its various markets. Many of these challenges come from changing regulations, while others have come from emerging risks in prominent markets. Medical care organizations seeing higher…
Read MoreIndia’s RSBY program taking advantage of consumers
RSBY program subject to World Health Organization study India may be home to a robust health insurance market, but its consumers may be falling victim to exploitation, according to a new study sponsored by the World Health Organization. The study focuses on the Rashtriya Swasthya Bima Yojana (RSBY) program, which is a health insurance initiative sponsored by the Indian government. The RSBY program is designed to provide poor citizens with access to health insurance policies that are affordable, yet comprehensive. Consumers may actually be paying much more for this insurance…
Read MoreNew Jersey health insurance exchange off the table
New Jersey health insurance exchange slammed with veto from Governor Christie Plans for a New Jersey health insurance exchange are off the table due to a veto from Governor Chris Christie. The Governor has become the latest in a long line of state officials that have rebuked the concept of a health insurance exchange in their representative states. The recent veto marks the second time this year that Governor Christie has nixed legislation concerning the New Jersey health insurance exchange. The Governor claims that the federal health care law introduced…
Read MoreInsurance Commissioners show concern over late release of regulations
Insurance Commissioners worried that late issuance of regulations could harm implementation of Affordable Care Act After years of criticism for not providing enough guidance in regards to the implementation of the Affordable Care Act, the U.S. Department of Health and Human Services has begun issuing rules concerning the law at a rapid pace. These rules may help some states comply with the federal law in a more comprehensive manner, but their delayed issuance could also be creating some significant problems. Insurance Commissioners throughout the country have begun expressing concerns over…
Read More