On October 9th the Kentucky Health Cooperative (Co-op) announced that they will close effective December 31, 2015 due to significant financial challenges. The state cooperatives were an important part of the Affordable Care Act (Obamacare), but the Center of...
Of the recent rumored major health carrier acquisitions, the first official agreement was announced today, July 3, 2015. Aetna and Humana agreed to a $37 billion deal. See official announcement here. The approval and acquisition process is expected...
For all non-grandfathered health plans beginning in 2016, the maximum annual out-of-pocket limit is $6,850 for self-only coverage and $13,700 for other than self-only coverage. HHS and DOL recently clarified that the self-only maximum annual out-of-pocket limits apply...
Last week U.S. Circuit Court of Appeals for the District of Columbia ruled that subsidies to help pay the insurance premium for individuals in states using the federal exchange, instead of their own, are illegal. Within just two hours a panel of the U.S. Court...
Sylvia Mathews Burwell, the new secretary of Health and Human Services, announced yesterday that majority of individuals will not need to do anything to renew their health insurance coverage in 2015. However, if the consumer did not give permission to the...
Consumer Reports published an article dated January 27, 2014, where the question was posed, “If I enroll in the new expanded Medicaid program, when I die and try to leave something to my kids, can the government attach those assets to repay the benefits I...
