News

Recently, you may have heard news about insurance companies issuing checks to consumers and employers for spending too much of their revenue on administrative costs rather than health care costs.

The Health and Human Services (HHS) Department touted new rules easing the regulatory burden on hospitals and healthcare providers to the tune of more than $5 billion in savings over five years.

If you’ve been following the presidential primaries, commentary from political pundits, or even the nightly news, you’ve probably heard the term “individual mandate” more than once.

If you’re a hardworking small business owner who provides health benefits to your employees, there’s a chance your insurance carrier owes you money.

Under the health care law, insurance companies can no longer deny people insurance due to a pre-existing condition, such as asthma or diabetes.

The Affordable Care Act requires insurance companies to spend 80% of their revenue on health care expenses, rather than administrative costs. If insurance companies do not spend this percentage, they are require to issue rebates to the people they insure.

Young adults can now stay on their parents’ health insurance plan until age 26.

The Affordable Care Act requires insurers to cover important preventive services for women, like mammograms and well woman check-ups, at no cost.

This informative video discusses what provisions of the Affordable Care Act will come into effect in 2012.

Many provisions have already taken place, such as allowing young adults to stay on their parents’ insurance plans and providing discounts on prescription drugs for seniors.