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CMS Proposes Rule to Reduce ACA Premiums

On Thursday, the Center for Medicare and Medicaid Services (CMS) announced a proposed rule that aims to cut fees for those enrolled in the Affordable Care Act (ACA). This act can potentially eliminate silver-loading within the health insurance market. The practice of silver-loading is when premiums are heavily increased onto silver-level exchange plans, which are [...]

By | 2019-01-18T10:01:56+00:00 January 18th, 2019|Articles, Industry Updates|0 Comments

Healthcare.gov Enrollment Count Drops by 3.8%

According to an update from Thursday from the Centers for Medicare and Medicaid Services (CMS), Healthcare.gov enrollment numbers drop compared to enrollment numbers in 2018. The update showed that 8.4 million Americans had enrolled in a health plan for 2019, which is down 3.8% from the enrollment count last year, which is more than 8.7 [...]

By | 2019-01-04T13:14:53+00:00 January 4th, 2019|Articles, Industry Updates|0 Comments

Texas Judge’s Ruling on ACA Impedes Medicaid Expansion Plans

On Friday, a federal judge from Texas had ruled that the Affordable Care Act, ACA, is unconstitutional, and has in turn caused some difficulties in Medicaid expansion. The federal judge, U.S. District Judge Reed O'Connor's ruling would most likely impact funding for Medicaid expansion, which provides healthcare support for adults with lower incomes. Judge O'Connor's [...]

By | 2018-12-19T13:31:49+00:00 December 19th, 2018|Articles, Government Mandates and Compliance|0 Comments

Health Spending Slowed in 2017

According to the new annual report published by the Centers for Medicare and Medicaid Services' Office of the Actuary, the U.S. healthcare spending growth had decreased from 2016 to 2017. Factors that had caused the decline in healthcare spending was the reduced use of hospital care, physician services and prescription drugs. In 2017, the annual [...]

By | 2018-12-07T10:21:01+00:00 December 7th, 2018|Articles, Industry Updates|0 Comments

Telehealth Not As Prominently Utilized in Medicare

In a report to Congress, the Centers for Medicare and Medicaid Services (CMS) stated that telehealth has the potential to provide valuable care without an increase in cost. Although promising, telehealth has yet to be adopted across Medicare beneficiaries. Within 2014 to 2016, less than one percent of all Medicare beneficiaries, which is estimated to [...]

By | 2018-11-21T09:29:49+00:00 November 21st, 2018|Articles, Industry Updates|0 Comments

States Given Flexibility in Insurance Markets with Waivers

On Monday, the Centers for Medicare and Medicaid Services released a guidance that gave states more power to overhaul their own individual insurance markets through the 1332 waiver. The waiver is meant to stimulate enrollment and allow states to offer more cost-effective but lean association and short term insurance plans. Through the Affordable Care Act, [...]

By | 2018-10-25T09:25:23+00:00 October 25th, 2018|Articles, Government Mandates and Compliance|0 Comments

Republicans Pressured to Keep Promise on Pre-Existing Conditions Coverage

According to GOP leaders, House and Senate Republicans stated that they want to retry their efforts to repeal and replace the Affordable Care Act in 2019. Despite their efforts to repeal and replace the current healthcare legislation, they were faced with much backlash and could not push forward with a significant plan. Analysts doubt that [...]

By | 2018-10-19T13:13:37+00:00 October 19th, 2018|Articles, Government Mandates and Compliance|0 Comments