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Happy Open Enrollment Day! November 1st marks the start of the forth open enrollment period for President Obama’s Health Insurance Marketplaces. That means from today until January 31st, an estimated 10 million Americans who had coverage in 2016 will be able to renew their health plans online and an additionally 3.5 million Americans that still …
Continue reading “Open Enrollment: Answers to your Top 5 Questions”
In Shakespeare’s play Romeo and Juliet, Juliet surmises that, “Romeo would, were he not Romeo call’d, retain that dear perfection which he owes without that title.” So in the same sense would not Health Exchanges by any other name still be just as confusing? “’Tis but thy name that is my enemy” A recent survey …
Health exchanges intend to provide affordable coverage to a group of consumers who otherwise, for various reasons, have been historically uninsured. Each health exchange will use advanced premium tax credits (APTCs) or “subsidies” pegged at a person’s salary to help defray the cost of health insurance. To be eligible for these subsidies, a consumer (and/or …
Understanding Your Operational Readiness In Part I of Building a Health Exchange Strategy the discussion centered on how payers will have to be more consumer centric in their approaches to delivering health care. Part II focused on being aware of the political climate and how that will impact strategic decisions on whether to enter a …
Understanding Your Political Climate By 2014 there will potentially be a health benefit exchange in every state across the country. Like snowflakes no exchange will be alike and politics will play a pivotal role in the differences found between them. While the healthcare reform bill signed into law requires the establishment of exchanges, the details …
