The US Supreme Court has scheduled oral arguments for King v. Burwell for March 4, 2015. This case will determine whether people purchasing health insurance via the Federal Health Exchange (healthcare.gov) are eligible to receive Federal subsidies towards their monthly premiums.
Medical Billing Blog
The Obama administration on Tuesday reported a big increase in new customers signing up for health insurance in Florida, Texas and other states using the federal insurance marketplace.
Secretary of Health and Human Services Sylvia Mathews Burwell said on Sunday 100,000 people submitted new applications for Obamacare in the first days of the second open enrollment period.
The Obama administration has opened a new health-insurance portal to small businesses in five states after a yearlong delay of the Affordable Care Act’s online marketplace for small-employer health plans.
CMS Principal Deputy Administrator Andy Slavitt testified before the House Energy and Commerce Committee about a new report issued by the General Accounting Office (GAO) on CMS’ management of the healthcare.gov website.
The Department of Health and Human Services (HHS) announced a proposed rule to the Affordable Care Act (ACA) that would create more options for annual health plan eligibility redeterminations in the Exchanges, (both Federally-facilitated and state-based) as well as add more requirements for re-enrollment notices. If enacted, the rule would impact consumers who are re-enrolling in a Qualified Health Plan (QHP) during the 2015 open enrollment period (November 15, 2014 – February 15, 2015).
About 10.3 million Americans have gained insurance coverage since the full implementation of Obamacare last year, according to an analysis published Wednesday in the New England Journal of Medicine. The study, done by Harvard researchers and published by the NEJM, was based on Gallup polling and data from the Department of Health and Human Services. It also estimated that the uninsured rate declined by 5.2 percentage points in the second quarter of 2014, or from 21 percent in September 2013 to 16.3 percent in April 2014. In particular, it found jumps in the insurance rates for Hispanics, blacks and young adults.
According to three new studies, the health law has in its first year reduced the number of uninsured adults by between 8 million and 11 million, and the majority of enrollees report satisfaction with their plans. The numbers don’t all match, and health care experts say they’re not precise enough to give more than a general idea of the trend. However, millions of people who didn’t have health insurance before the Affordable Care Act have gained it since last fall.
Monteith Illingworth and Chris Abbate both have small public relations firms in Manhattan. Both offer their employees health coverage through Oxford Health, a division of insurance giant United Healthcare. Both faced double-digit premium hikes last year. And both considered hitting the eject button to buy coverage from the New York State of Health, the new insurance marketplace set up under the Affordable Care Act.
If you offer it, will they come? Insurers and some U.S. senators have proposed offering cheaper, skimpier "copper" plans on the health insurance marketplaces to encourage uninsured stragglers to buy. But consumer advocates and some policy experts say that focusing on reducing costs on the front end exposes consumers to unacceptably high out-of-pocket costs if they get sick. The trade-off, they say, may not be worth it.