The Department of Health and Human Services recently established a deadline one of the key provisions of the Affordable Care Act. The health care reform law mandates states to create health insurance exchanges by 2014, and the HHS says they must show they have made ample progress toward this goal by 2012. Should states fail to adhere to these deadlines; the federal government will take charge of the exchange and establish one itself. The looming deadline has left many states scrambling to get their programs off the ground, and has…
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Oregon struggles with agreeing on health care reform mandates
Lawmakers in Oregon are getting ready to convene and approve the acceptance of a federal grant that would help the state establish their own health insurance exchange. The $48 million grant is being offered by the Department of Health and Human Services as part of its initiative to help states handle the cost of constructing exchanges. There are some in the state’s Senate that are leery of accepting government money for the program, as it is a part of the hotly contested health care reform. The Affordable Care Act mandates…
Read MoreHealth Care Reform Timeline – The clock is ticking!
Many states are currently locked in the legislative throes of establishing a new health insurance exchange, as mandated by the Affordable Care Act. While states are not required to have a fully functioning exchange in place until 2014, the government has issued a mid-term deadline. Kathleen Sebelius, secretary for the Department of Health and Human Services, says that the deadline is slated for some point in 2012. If states cannot show that they have made sufficient progress in establishing exchanges the federal government will take over the plan. Several states…
Read MoreHealth insurer for reform
With the insurance industry in the U.S. undergoing significant changes, customers are finding it hard to keep up with companies trying to adapt to an evolving playing field. The health care reform law, The Affordable Care Act, was passed only last year and has had sweeping implications on how the industry is to operate. Health care reform has attracted its share of supporters and opponents, but a chief executive of one of the nation’s largest insurers says that the changes coming from the Act are for the greater good. Aetna,…
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