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Wednesday, October 5, 2016

Minnesota Regulator: Health Insurance Market in Dire Situation : kstp





as declared in kstp

Minnesota Regulator: Health Insurance Market in Dire Situation

Minnesota Regulator: Health Insurance Market in Dire Situation
Minnesota Regulator: Health Insurance Market in Dire Situation
September 30, 2016 08:24 PMMinnesota's individual health care market is in "an emergency situation," the state's top industry regulator said Friday, noting that it took the approval of massive rate increases to persuade all its remaining insurance companies not to pull out for next year.After a major insurer's exit from the market earlier this year, the state scrambled to convince the seven remaining companies to continue offering plans to those residents who aren't covered by an employer or through a public program, Department of Commerce Commissioner Mike Rothman said.The state agreed to rate increases that range from an average of 50 percent to as much as 67 percent while also instituting other, extraordinary last-minute measures, said Rothman, who added that changes in state law are still needed to stave off a market collapse.


as well healthpayerintelligence

49M Americans Risk Losing Fixed Indemnity Health Insurance

49M Americans Risk Losing Fixed Indemnity Health Insurance
49M Americans Risk Losing Fixed Indemnity Health Insurance
A new proposed rule called Expatriate Health Plans, Expatriate Health Plan Issuers, and Qualified Expatriates; Excepted Benefits; Lifetime and Annual Limits; and Short-Term, Limited-Duration Insurance may negatively impact access to fixed indemnity health insurance among millions of Americans, according to a letter sent by Chairman Fred Upton from the House of Representatives Committee on Energy and Commerce.Additionally, the letter states that the proposed rule would actually go against current law and Congressional intent.A complete legal analysis outlining how the proposed rule conflicts with law adopted in HIPAA legislation can be found in a letter from the Law Office of William G. Schiffbauer sent to the Coalition to Preserve Health Plan Choices.


moreover from 247wallst

US Cities Where the Fewest Residents Lack Health Insurance

US Cities Where the Fewest Residents Lack Health Insurance
US Cities Where the Fewest Residents Lack Health Insurance
At some point in the campaigning for national office this year, the subject of health insurance has to raise its head.After all, the Affordable Care Act (aka, Obamacare) is perhaps the signature piece of legacy legislation in President Obama's nearly completed two terms in the White House.Opponents have tried dozens of times to repeal Obamacare with no success.


let alone alphanewsmn

MN Health Insurance Rates To Skyrocket in 2017

MN Health Insurance Rates To Skyrocket in 2017
MN Health Insurance Rates To Skyrocket in 2017
The Minnesota Department of Commerce announced Friday that rates on individual health care plans will increase somewhere between 50 and 67 percent for 2017About 250,000 people in Minnesota purchase health care for themselves and their family individually, either through MNsure, or through insurance brokers.Minnesota's Commerce Commissioner Mike Rothman encouraged consumers to contact MNsure to see if they qualify for federal vouchers to reduce the price.These credits are available for people who make up to 400 percent of the federal poverty level and who buy insurance through MNsure.


additionally prnewswire

Vericred Adds Large Group Provider Networks to its Health Insurance Data Platform

Vericred Adds Large Group Provider Networks to its Health Insurance Data Platform
Vericred Adds Large Group Provider Networks to its Health Insurance Data Platform
Vericred's provider-network data, which is comprised of hundreds of millions of plan-provider relationships, brings transparency to this critical health plan component.This dataset is being used to power group disruption analysis – the ability for an employer to compare networks based on all of its employees' doctors and facilities – to determine which carriers and networks provide the best fit.And, Vericred's provider-network data is being used to power provider-centric plan search, through which an employee enters their doctors and preferred facilities as part of the shopping experience to see "who's in and who's out" of each available plan.


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