Health junction

Insurance Exchange Triage Long wait times, changes in coverage for those covered under high risk pools, and changes in provider networks are some of the problems which have occurred with the national insurance exchange implementation. This article provides pragmatic advice for those seeking insurance through an exchange, working with an agency who has to implement some of the mandates, and who want straight talk on how to accomplish your mission. First and foremost, apart from the standardization of insurance coverage and national role out of a quasi national health care policy, much of the griping over the exchange implementation is merely a ramped up �open enrollment process� which occurs annually for those covered by private insurance plans. To help allay some of the misconceptions, each of the concerns are addressed below. Timely Processing of Insurance Exchange Applications Firstly, we can all acknowledge that the federal exchange roll-out has been problematic and now let�s move ...

Health care Reform Implementation-A Pragmatic View of the Affordable Care Act This article addresses the implementation of the medical insurance mandate under the Affordable Care Act of 2010, which will be implemented next year. Federal insurance purchasing subsidies, health insurance exchange plan design, and tax penalty information is highlighted for businesses and individuals. Small Businesses Eligible for Government Assistance to Purchase Medical Insurance Small businesses with less than twenty-five employees who meet certain criteria are eligible to receive federal subsidies to purchase health insurance for their employees. One of the criteria is an average wage of $50,000 or less for the entire workforce in determining any federal subsidy for insurance. How much is the subsidy? Only employer sponsored health plans with an actuarial value of 60% or higher will be eligible to receive the tax credit subsidies, so this is important information for small businesses who are consider...