Health insurer Aetna backs off ObamaCare expansion plans

August 2nd, 2016 | By: Associated Press Aetna became the latest health insurer to cast doubt upon its future in the Affordable Care Act’s insurance exchanges after it called off a planned expansion Tuesday and suggested it could abandon that market completely. A departure by Aetna, the nations’ third-largest insurer, could further reduce the number…

Special Enrollment Period for FFM

SEP available through FFM   CMS has recently released a memo regarding Qualified individual who can qualify for a Special Enrollment Period if they meet certain eligibility criteria for the Federally-facilitated Marketplace. These Special Enrollment Periods are as follow.  Loss of qualifying health coverage Change in household size Change in primary place of living Change…

Aetna CEO Has ‘Serious Concerns’ About Obamacare Sustainability

February 1st, 2016 | Zachary Tracer The head of the third-biggest U.S. health insurer said he has “serious concerns” about whether or not Obamacare’s new markets are sustainable, echoing criticism from other top for-profit insurers. “We continue to have serious concerns about the sustainability of the public exchanges,” Aetna Inc. Chief Executive Officer Mark Bertolini…

January 15th is the last chance to enroll clients

  January 15, 2016 is the last day for consumers to enroll in coverage through the Federally-facilitated Marketplace (FFM) to start on February 1, 2016. As the deadline approaches, the Centers for Medicare & Medicaid Services (CMS) expects heavier-than-normal traffic at the Marketplace Call Center and at HealthCare.gov. For suggestions on how to have a…

2017 Annual Letter to Issuers and Uniform Rate Review Timeline

Good Afternoon – Today CMS/CCIIO released the draft 2017 Letter to Issuers (Letter), which provides guidance to issuers that want to offer Qualified Health Plans (QHPs) in the Federally Facilitated Marketplaces (FFMs) for the 2017 plan year.  Parts of this Letter apply to issuers in State-based Marketplaces using the Federal Platform (SBM-FPs). The guidance addresses…

Congress blocks bailout of ObamaCare insurers in spending bill

December 16th, 2015 | By: Philip Klein The spending bill released by Congress overnight dealt a victory to Obamacare oponents, blocking a bailout of insurers reporting losses throught he healthcare program. Payments to insurers through a once-obscure provision within the law known as the risk corridors have become a major issue as insurers have been…

UnitedHealth says it should have stayed out of the PPACA exchange system longer

December 1st, 2015 | By: Zachary Tracer (Bloomberg) – The biggest U.S. health insurer should have stayed out of the Patient Protection and Affordable Care Act (PPACA) exchange system longer, UnitedHealth Group Inc.’s chief executive officer said Tuesday, after the company said last month that it will take hundreds of millions of dollars in losses…

Broker, earn our highest individual market commission rates in 2016

Every new individual member and every renewal individual member counts. This year we’ll pay our highest commission rates to our top brokers in the individual market. We’re going to reward you for every new individual member and every renewal individual member. Top producers will also get priority service from our concierge broker support team. Rewards…

Many eligible for ObamaCare subsidies not claiming them, study finds

Most of those eligible for health insurance subsidies under the Affordable Care Act failing to claim them, according to a new study. Researchers with the Robert Wood Johnson Foundation and the Urban Institute estimated that more than 24 million people were eligible for ObamaCare tax credits last year. By March, only 41 percent of them…