US watching Mass. fight on health costs

By Robert WeismanGlobe Staff / November 5, 2010 While the White House seems destined to spend the next two years fending off attacks on President Obama’s health care law, the administration of Governor Deval Patrick of Massachusetts will push forward with the next stage of health care overhaul: trying to contain the escalating costs of medical care. That … Continued

Medicare Notice Deadline is Nov. 15

Source: Warner Norcross & Judd LLP [via BenefitsLink] 01-Nov-2010 Norbert F. Kugele Just a reminder that the deadline is Nov. 15, 2010 to distribute the annual Notice of Creditable Coverage required under Medicare Part D. The notice informs participants whether the prescription drug coverage offered under your health plan constitutes creditable or noncreditable coverage. The … Continued

DOL Expands Definition of ‘Fiduciary’

ERISA Source: PLANSPONSOR By Judy Ward For the first time in a generation, the Labor Department has taken another crack at the definition of a fiduciary under the Employee Retirement Income Security Act (ERISA). The proposed rule was unveiled today by the Department of Labor (DoL), which noted that its adoption “would protect beneficiaries of … Continued

NAIC Agrees on Medical Loss Ratios

NAIC unveils medical loss ratio rules under health reforms Health Care Reform Source: Business Insurance 21-Oct-2010 By Joanne Wojcik WASHINGTON—The National Assn. of Insurance Commissioners adopted a model regulation Thursday that includes definitions of which medical expenses can be counted toward insurers’ medical loss ratios under the Patient Protection and Affordable Care Act. Under PPACA, … Continued

HHS Issues New Guidance On Kids’ Insurance Policies

By Mary Agnes Carey KHN Staff Writer OCT 13, 2010 Health insurers can’t have different rules for when individual policies are sold for children with medical problems than for healthy kids, the Department of Health and Human Services said today. Some insurers want to allow healthy children to enroll year-round but only have a limited … Continued

Agencies Tweak Rules on OTC Drugs, Claims

More than six months have passed since President Barack Obama signed the health care reform bill into law. A number of provisions are now in effect, and federal agencies are working to clarify lingering questions in the legislation. One aspect that could have a significant impact on employers and employees — reimbursement for medical expenses … Continued

No Slow Grandpas: Firms Wishing to Grandfather Plans Must Act Swiftly

Source: Davis Wright Tremaine LLP [via BenefitsLink] 05-Oct-2010 By Richard J. Birmingham If you maintain an insured health plan, the starting point for any grandfather analysis is with your insurance carrier. Many insurance carriers serving midsized employers have indicated they are going to issue new policies and, therefore, grandfathering will not be an option. If … Continued

Judge OKs Reform Lawsuit for Trial

Source: The Associated Press [via The Washington Post and Kaiser Health News] By Melissa Nelson Crucial pieces of a lawsuit challenging the Obama administration’s health care overhaul can go to trial, with a judge saying [this week] he wants to hear more arguments over whether it’s constitutional to force citizens to buy health insurance. In … Continued

National Results: 2010 UBA Health Plan Survey

The 2010 UBA Health Plan Survey was conducted October 1, 2009 to June 4, 2010, through the joint effort of 145 of the nation’s premier independent benefit advisory firms who comprise UBA. Member Firms, in conjunction with existing clients, completed responses, and additional area employers were invited to complete the web-based surveys. UBA obtained plan data for … Continued

 

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