For more than 1.3 million Medicare beneficiaries in Washington, open enrollment period has arrived. From October 15 to December 7, people on Medicare can: -Switch from Original Medicare to a Medicare Advantage plan or vice versa. -Join, drop or switch a Part D prescription drug plan if they are on Original Medicare. -Switch to a different… Read more »
Posts Categorized: Uncategorized
Insurance Commissioner Mike Kreidler has approved a record low average rate decrease of -3.25% for Washington’s 2020 individual health insurance market. With two new health insurers – PacificSource Health Plans and Providence Health Plan entering the market, the number of insurers grows to 13. For more information, please see Office of the Insurance Commissioner.
A new study published by the National Bureau of Economic Research (NBER) found that more than 500,000 people enrolled in Medicaid through expansion are ineligible for the program.The total number of ineligible enrollees is potentially three times higher since the nine states evaluated in the study represent only 25 percent of the 37 states that expanded their… Read more »
A federal judge upheld the Trump administration’s expansion of health insurance plans that don’t meet ObamaCare’s coverage requirements. Judge Richard Leon ruled against the insurance companies that sued the administration in an attempt to block the rules. For more information see The Hill
The House passed a bill that would safeguard individuals with preexisting conditions. The Protecting Americans with Preexisting Conditions Act, would revoke guidance issued by the Trump Administration in October 2018 that encourages states to approve health plans that do not cover preexisting conditions. For more information, see Augusta Free Press.
Washington State may be the first to approve the nation’s first publicly-funded insurance program. The measure with a maximum benefit of $36,500 would aid those who need aid with at least three activities of daily living. Universal public long-term care insurance is widely available throughout the developed world. The US, however, finances long-term care mainly… Read more »
Group health insurance plans are likely to see a 15-18% increase in 2019. Several corporate accounts have already seen an increase while others will see an increase in April onwards. With medical inflation to be in the range of 18-24 percent in the country, having a direct impact on insurance costs for companies was inevitable. Please see… Read more »
Massachusetts and 17 other states have filed a motion challenging a ruling last week by a federal judge that struck down the Affordable Care Act. The motion, filed in the US District Court for the Northern District of Texas, asks the court to clarify the impact of the ruling and confirm that the ACA “is still the… Read more »
The Trump administration is expected to soon issue regulations that would expand religious and moral exemptions for covering birth control in employer health insurance plans, a move that critics say would limit women’s access to contraception. The exact details of the exemptions remain unclear, but women’s health advocates are bracing for a legal fight. See The… Read more »
The proposal is aimed at two types of companies: small firms that are not required to offer health insurance and medium-sized firms that usually only offer their workers a single plan. The biggest change involves expanding the use of tax-free HRAs to allow more workers to buy their own health insurance. The proposed rule undoes Obama administration… Read more »