by Admin | Nov 15, 2010 | Health Savings Accounts, Healthcare Reform, Insurance News
Due to the enactment of the National Health Law (PPACA – Patient Protections and Affordable Care Act) beginning January 1, 2011 the following changes will affect Health Savings Accounts: The Excise Tax on ineligible HSA reimbursements increases from 10% to 20%.... by Admin | Sep 29, 2010 | Insurance News, Surveys
Hewitt Associates Inc. Survey Large U.S. employers are expecting to pay an average of $9,821 in health insurance premiums per employee in 2011, up from an average of $9,028 this year. Hewitt Associates Inc., Lincolnshire, Ill. (NYSE:HEW), has published those figures... by Admin | Aug 13, 2010 | Healthcare Reform, Insurance News
Whether fully insured or self-insured, unions must implement the same provisions as other grandfathered plans for plan years beginning on or after September 23, 2010. However, fully insured plans get some special treatment in the interim final grandfathering rules.... by Admin | Aug 12, 2010 | Aetna, Insurance News
For 10/1/10 and later effective dates, Aetna will discontinue new business sales of child-only policies to applicants (under the age of 19) for Aetna Advantage Plans for Individuals, Families and the Self Employed. No existing policyholders are affected by this... by Admin | Aug 12, 2010 | COBRA, Insurance News
The temporary health benefits continuation subsidy helped some involuntarily terminated workers but came nowhere close to providing “universal coverage.” Researchers at the Urban Institute, Washington, give that assessment in a review of the 65% federal COBRA group... by Admin | Jul 9, 2010 | Blue Cross Blue Shield, Blue Cross Blue Shield of Illinois, Insurance News
As of June 1, 2010 Blue Cross and Blue Shield of Illinois (BCBSIL) is offering new Medicare Supplement Insurance Plans G and N. Members and those considering Plans G and N can enroll at anytime; there are no specific enrollment periods or deadlines. The changes to the...