Posted on May - 17 - 2013 by Olivia Trule
Also in the news, developments on Medicaid expansion from Arizona, Ohio andIowa.
At MACPAC, Discussion Of Interaction Between Medicaid And Exchanges The Centers for Medicare and Medicaid Services has put out most of the rules to implement coverage changes under the health care law, but a top official said Thursday that the public should expect more guidance on such issues as outreach and the enrollment of lawmakers and their staffs into the new marketplaces that will start accepting people in October.
Read full article…
Posted on May - 16 - 2013 by John Bikes
Bond insurer Ambac Financial Group Inc. first quarter net profit grew 11 percent as it saw increases in net premiums earned and investment gains.
The company says net income was up $29 million to $282.3 million while total revenues decreased $33 million to $291 million. Ambac says lower loss and loss expenses, higher net realized investment gains and income from variable interest entities drove its results; partially offset by lower net investment income, derivative product revenues and other income.
The company, which filed for Chapter 11 Bankruptcy in 2010, officially emerged from reorganization on April 29, 2013.
Read full article…
Posted on May - 15 - 2013 by Mike Peterson
You come out of a crowded shopping mall, walk to your car, and notice the rear fender has a huge dent and paint transfer. After you overcome your disbelief at your bad luck, you walk to your windshield hoping for a note only to find nothing. If this has ever happened to you, you’re certainly not alone. This scenario is one of the most common in the world of auto accidents. In fact, according to a study conducted by Allstate in 2010, 69 percent of hit-and-run accidents involve parked vehicles. Whether you are the driver or the victim of an accident with a parked vehicle, this article will walk you through each step of what you’ll need to do to deal with the attendant legal, logistical, and insurance issues.
If someone hits your car while it’s parked, you should immediately look around for potential witnesses once you discover the damages.
Read full article…
Posted on May - 10 - 2013 by Mike Peterson
A comprehensive survey of U.S. physicians includes some surprising revelations, including the fact that 6.8 percent of doctors plan to switch to practice models that may result in direct payments being shifted from health insurance plans to patients.
Despite a government mandate requiring all citizens to maintain health insurance coverage by 2014, a small number of physicians told The Physicians Foundation they plan to switch to a cash or concierge service in the next one to three years. The finding is part of the foundation’s 2012 survey of more than 13,500 U.S. physicians.
Cash practices can be set up in several ways, and physicians working under this model may decline to participate in health insurance plans.
Read full article…
Posted on May - 09 - 2013 by Mike Peterson
A CEO is at the head of the company. They conduct the day to day operations of a company. Whilst they employ managers to oversee most of the work, theyll inevitably have to deal with the question of health insurance. With the US seeing a grand shakeup under Obamacare, CEOs need to become more aware of the health insurance question and how they should act in relation to it.Here are some tips on how to confront the issue as a company CEO. If you follow them precisely you should have no problems at all.
Offer It
Its not a legal requirement for an employer to offer insurance, especially when it comes to small businesses. Smaller companies can get away with not offering any form of cover.
Read full article…