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5 reasons United Healthcare wants out of PPACA

5 reasons United Healthcare wants out of PPACA

I came across this great industry article in my inbox this morning and just had to share. Alson Martin does a great job of reviewing the latest news that United Healthcare has started to put it out there they would be leaving the health insurance marketplace due to the shortfalls in earnings on the PPACA exchanges. Take a look at the article and come to your own conclusions: On November 19, 2015, UnitedHealth, in a conference call for...

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HealthCare.gov extends Jan. 1 coverage deadline 2 days

HealthCare.gov extends Jan. 1 coverage deadline 2 days

Managers of HealthCare.gov have responded to complaints about website glitches and outages, and overloaded call centers, by pushing the application deadline for coverage that starts Jan. 1 to 11:59 p.m. Pacific Time Friday. The current Patient Protection and Affordable Care Act (PPACA) open enrollment period started Nov. 15 and is set to end Jan. 31. The original deadline for Jan. 1 start coverage was supposed to be at midnight Pacific...

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PPO’s are a dying breed…

PPO’s are a dying breed…

I came upon the latest batch of articles from Benefits Pro and immediately thought of our readership and the need to get this out. There has been a lot of “movement” in the health insurance market especially in the narrowing of network access. This is especially true as insurance companies try to stay not only relevant but cost effective in the Health Care Reform era. With the narrowing of doctor networks we are seeing a...

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Small Businesses No Longer Allowed to Reimburse

Small Businesses No Longer Allowed to Reimburse

As a small to medium sized group benefits broker we see a lot of difference cost savings techniques in benefits packages.  This is specifically true in the under 50 employee market. Our account and sales team analyze hundreds of plans a year and have pinpointed that an employer who isn’t overly thrilled with the cost of employer-sponsored health coverage will drill down in unique approaches to say the “offer” health...

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Marriage ruling streamlines benefits administration

Marriage ruling streamlines benefits administration

By Nick Otto, Employee Benefit News   Friday’s landmark ruling on gay marriage could pose both challenges and benefits to employers, as the U.S. Supreme Court’s decision irons out the patchwork system of laws across the country, but brings up new questions on current domestic partnership policies. In a 5-4 ruling, the court determined that states must issue marriage certificates to same-sex couples, as well as recognize same-sex...

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CMS Announced Special Enrollment Period for Tax Season

CMS Announced Special Enrollment Period for Tax Season

On February 20, the Centers for Medicare & Medicaid Services (CMS) announced a Special Enrollment Period (SEP) for individuals and families who did not have health insurance coverage in 2014 and are subject to the fee or “shared responsibility payment” when they file their 2014 taxes in states which use the Federally-facilitated Marketplaces (FFM). This Special Enrollment Period will allow those individuals and families who were...

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