House Republicans joined a few Democrats to support a bill that would postpone the health insurance tax through 2021, whille another health related tax bill loosens the restriction on health savings accounts. To read more, visit USA Today.
Monthly Archives: July 2018
In an abrupt reversal, the ACA’s risk adjustment program has been restored It seems the administration agreed with critics, that if the program remained suspended, it could potentially cause chaos for consumers. Please see The New York Times for more information.
A new proposal would allow physicians to begin receiving the same amount for all office visits, regardless of the patient’s condition. Critics say the proposal could discourage some doctors from taking Medicare patients. Please see The New York Times for more information.
After reports earlier this month of the Administration suspending payments to insurers, there are now talks taking place to restore the Obamacare program that compensated health insurers for some enrollee’s who have more serious conditions. Please see Bloomberg BNA, The Hill and The Washington Examiner for more information.
The insurance industry is concerned about the impact of suspending the ACA Risk Adjustment payments on premiums. Higher premiums are predicted due to this funding freeze. Please see The Hill, Bloomberg News and Politico for more information.
The Trump Administration has suspended an estimated $10.4 billion in 2017 payments for risk adjustments. The move could potentially increase uncertainty in the market and increase premiums this fall. Please see The Washington Post, New York Times, and The Wall Street Journal.
High Deductible health plans are on the rise in the US. Approximately 39% of large employers only offer high-deductible plans, and increase of 7% from 2009. Even though they’ve been on the rise, employers are now questioning the move and are considering reducing deductibles. For more information please see Bloomberg News.