Aetna‘s answer to Obama’s health insurance reform is to discontinue individual health insurance services starting December 31 2013 in California. Effective July 1, 2013, Aetna will no longer offer Aetna Advantage Plans for Individuals, Families and the Self-Employed in California. California applications (online or paper) received by their underwriting department requesting an August 1, 2013 or […]
Last week President Barack Obama encouraged the uninsured Californians or those paying high prices for health insurance to sign up for coverage in the California State Exchange Covered California, beginning October 1st. Obama used this trip to California to highlight how the state is implementing the Affordable Care Act and rebut continuing criticism over his signature legislative […]
The Affordable Care Act (health care reform law) requires health plans to meet a minimum medical loss ratio (MLR) , which varies according to market. Health insurance issuers must meet a minimum medical loss ratio of 85% in the fully insured large group market and 80% in the fully insured small group and individual markets. […]
With the implementation of the state exchange there will be also so called “Navigators” trying to assist consumers to understand the new exchange. In contrast to a licensed insurance agent, who has passed exams and had a complete background check including fingerprinting, Navigators are not asked for such a scrutiny. The law created government-paid helpers […]
Accordingly to a study published this week in Health Affairs Modern Physician U.S. workers made fewer visits to their physicians and pharmacies after their employers moved them into a high-deductible health plan with a health savings account. The findings indicate that beneficiaries of HDHPs might forgo preventive treatment because they are confused about the plan’s coverage. […]