The Centers for Medicare & Medicaid Services (CMS) released the final 2023 Notice of Benefit and Payment Parameters (NBPP), the annual rule outlining key policies for the individual and group health insurance markets for plan year 2023 and beyond. This year’s notice is the first…[READ MORE]
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AHA, AMA, AHIP and others support permanent extension of ACA tax credits
The American Hospital Association has joined the American Medical Association, AHIP and other healthcare organizations in drafting a letter to congressional leaders supporting a permanent extension of tax credits under the Affordable Care Act. The signees, which also include the Blue Cross Blue Shield Association, Federation of American Hospitals and the American Academy of Family…
HHS guidance to pharmacies meant to ensure reproductive healthcare access
Just days after the Biden Administration advised providers that abortions are protected under the federal Emergency Medical Treatment and Labor Act, the Department of Health and Human Services has released guidance saying that as recipients of federal financial assistance…[READ MORE]
Americans Are Set To Receive $1 Billion In Health Insurance Rebates This Year
It often seems like healthcare costs only go one direction: up. But this year, millions of Americans can look forward to getting money back from their health insurer. According to the Kaiser Family Foundation (KFF), health insurers expect to rebate $1 billion to 8.2 million health plan members, equivalent to $128 per member. The anticipated…
HMO, PPO, EPO or POS? Choosing a managed care option
There are a lot of factors to consider when you’re shopping for individual health insurance coverage – from premiums to deductibles to on-exchange and off-exchange and ACA-compliant (or not). If you’re shopping in the individual health insurance market, you’ll definitely be making a choice of metal tier…[READ MORE]
How Much Does Health Insurance Cost?
Health insurance reduces the cost of medical appointments, procedures, hospital stays, tests, prescriptions and more. However, figuring out how much to budget for health insurance can be tricky. Many factors, such as where you live or what type of plan you have, can impact the price of your health insurance. Here is a helpful breakdown…
Retirement planning for self-employed workers: Why you need a plan, and what options are best
There was a time when people thought a pension and Social Security income was sufficient to meet retirement costs. Now, a majority of consumers save for their retirement years through a variety of retirement plans that provide tax benefits and other perks. You must also understand the necessity to plan for retirement all by yourself….