columbia missourian : declared in UM System employee health insurance audit could save nearly $4 million

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Employee health insurance changing in Algood

Posted Friday, April 28, 2017 12:00 amAlgood city employees health insurance plan is being phased out. "We looked at what you currently have and narrowed down (the other options)," Matt Swallows with Swallows Newman Agency said. "A lot of plans have gone with the co-insurance option now."Co-insurance is the percentage of costs of a covered health care service the patient pays after the patient has paid the deductible. If the deductible has not been paid, the patient simply pays the full amount for the care. Heard made the motion to approve the Silver 25 plan, with Mayor Scott Bilbrey seconding.


This year, the CSR payments will cost the federal government about $7 billion, according to the nonpartisan Congressional Budget Office. But there has been some debate about whether the CSR payments fall into this category. And since 2014, Obama administration has made CSR payments to lower deductibles for millions of low-income consumers. The Obama administration initially sought congressional approval for CSR payments but later maintained this was not necessary. President Trump speaks at the public swearing in of Neil M. Gorsuch to the Supreme Court.


collected by :Lucy William

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