According to an analysis performed by the Associated Press, three out of every four Americans who do not have health insurance are residents of states that have not yet established how they will be meeting the requirements of the healthcare overhaul. According to the same analysis, the largest medical coverage safety net in American history is progressing, but is doing so in sudden sharp leaps and pauses. At the moment, according to insurance coverage data provided by the Urban Institute, a nonpartisan group, the country is in a truly patchwork…
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The impact of healthcare reform legislation on the compensation received by hospital execs
The Obama Administration healthcare reform legislation – which already includes Centers for Medicare and Medicaid Services programs for coordinated care and requirement changes for hospitals that are tax-exempt – may also be altering the compensation of hospital leaders. Though this won’t be impacting hospital compensation directly, they may have an indirect impact on salaries from regulation increases and different care delivery models. Director Gary Young of the Northeastern University Center for Health Policy and Healthcare Research looked into the differences that will be seen among non-profit and for-profit hospitals at…
Read MoreAgents celebrate over MLR vote by state commissioner
The National Association of Insurance Commissioners (NAIC) has recommended that states vote for legislation that will provide insurance brokers and agents with protection for their commissions from the medical loss ratio (MLR) of the new federal healthcare law’s expense cap which has been applied to medical insurers. The NAIC advisors task force for health insurance voted to support H.R. 1206, which has been called the Professional Health Insurance Advisors Act of 2011. Rep. Mike Rogers (R-Mich) introduced this Act in Congress. The Patient Protection and Affordable Care Act within the…
Read MoreMississippi state reform takes shape
The Mississippi Senate has taken the first steps in establishing the framework for the state’s insurance exchange program by approving a plan that will allow employers to purchase group health insurance policies from anywhere in the United States. The hope is to bring more options and competitive products by offering consumers the availability of outside markets. The House passed the bill to enact the exchange by an 83-33 vote on Monday. Supporters of the program say that it is a critical move to help citizens and businesses obtain the coverage they need while providing…
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