by Admin | May 27, 2009 | Health Savings Accounts, Insurance News
The Internal Revenue Service (IRS) on May 14 issued Revenue Procedure 2009-29 providing inflation-adjusted limits for health savings accounts (HSAs) for use in 2010. The annual contribution limits have been increased to: $3,050 for those with self-only coverage (up... by Admin | May 8, 2009 | Healthcare Reform, Insurance Laws, Insurance News, Obamacare, Politics
The House and Senate have approved a compromise budget resolution that sets parameters for spending and revenue legislation. As requested by the President, the budget resolution includes a reserve fund for health care reform initiatives that must be deficit-neutral... by Admin | May 4, 2009 | Insurance Laws, Insurance News
1) What is the effective date of changes mandated by Public Act 95-0958? The changes need to be reflected in individual and group health insurance policies and HMO contracts as they are delivered, issued, or renewed on and after June 1, 2009. Policies in force prior... by Admin | May 1, 2009 | Homeland HealthCare, Insurance News
Every day, thousands of individuals are rejected by insurance companies because of pre-existing medical conditions such as diabetes, obesity, and heart problems. Now with the Guaranteed Issue Health Insurance offered by Homeland HealthCare Plans, people who are... by Admin | Apr 15, 2009 | Insurance Laws, Insurance News
The Paul Wellstone and Pete Domenici Mental Health Parity and Addiction Equity Act of 2008 requires that group health plans and group health insurers apply the same treatment and financial limits to mental health and substance use disorder benefits as they do to... by Admin | Apr 10, 2009 | COBRA, Insurance Laws, Insurance News
Q1: What is the new COBRA subsidy provision contained in the stimulus package signed by the President? The stimulus package, which was enacted as the American Recovery and Reinvestment Act of 2009 (ARRA) temporarily reduces the premium for COBRA coverage for eligible...