Presents the results of a comprehensive survey of all state insurance departments, compiles information on the laws that each state has in place to protect consumers.
The White House Blog recently posted a response to an op-ed published by the Wall Street Journal, which claims the new health reform law will limit consumers’ choices and prevent them from keeping their current health care plans. As the author of the blog, Stephanie Cutter, points out, “this ignores the realities of health reform.” We couldn’t agree more.
During the final months leading up to the passage of health reform, it seemed you couldn’t read a newspaper without seeing a headline about another insurance company attempting to impose enormous rate hikes on its customers in the individual market.
Most of us know what a surplus is: When you have more of something than you need. And you’re probably wondering what that has to do with health care? According to a new report by the Consumer Union, seven out of 10 of Blue Cross Blue Shield’s nonprofit plans that were studied in a sample have been stockpiling a surplus of cash, all the while continuing to significantly increase premiums for many consumers in the private market.
Learn what "grandfathered" plans are and which requirements health plans need to meet in order to keep this status.
Those opposed to the Affordable Care Act have said a lot of crazy things to mislead Americans. From false talking points about health reform being responsible for double digit premium increases for policy holders, to the outright lie that the law is a “government takeover of health care,” the opposition has made it their job to misinform the public.
Preventing Unwarranted Exceptions to the Affordable Care Act's Medical Loss Ratio (MLR) Requirements
Explains the opportunities for advocacy if state insurance regulators seek adjustments to the MLR requirements for their individual markets.
One of the provisions of the Affordable Care Act is what’s known as the medical loss ratio requirement—better known as MLR. This requirement at one time caused a mild panic among insurers. But it turns out that the medical loss ratio requirement isn’t all that scary, and as the provision goes into effect this year, insurers are beginning to realize that not only will they NOT lose earnings, but it is very likely their profits will continue to grow.
The truth really is stranger than fiction: Even the CEO of one of the most powerful health insurance companies would have issues finding health insurance in the individual market.