Affordable Health Insurance:
Many families and individuals across the nation are in search of finding affordable health insurance. However, as the cost of the medical insurance keeps rising medical coverage is less affordable year by year. This section covers news and research about where the health insurance is affordable and what the government or private companies are doing with health care reform.
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According to a report by the Government Accountability Office (GAO) released on February 3, some hospitals pay thousands of dollars more than others for costly medical devices such as hip replacements and defibrillators; furthermore, a portion of the higher costs could be passed on to the Medicare program.
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Health and Human Serices secretary says success of Medicare Advantage evidence of the value of health insurance law.
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On February 1, Health and Human Services (HHS) Secretary Kathleen reported that Medicare Advantage Premiums had decreased by 7% and enrollment has risen by about 10% since this time last year. The figures confirm that HHS projections from last September that enrollment in Medicare Advantage plans would continue to rise and average premiums would continue to fall. Average premiums have fallen from $33.97 in 2011, to $31.54 in 2012, while enrollment has risen from 11.7 million in 2011 to 12.8 million in 2012.
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Last week saw two provisions of the Affordable Care Act receive attention and criticism from different arenas.
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House GOP preparing for High Court strike down of health insurance mandate by promising their own plan by summer.
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On January 27, the nation's second largest health insurance provider announced that it had launched an innovative reimbursement initiative, partnering with primary care physicians to improve quality and reduce medical costs. WellPoint Inc., which insures approximately 34 million Americans, will offer primary care doctors a fee increase as well as the possibility of additional payments
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New health insurance provisions will require strenuous reporting on the part of physicians and hospitals.
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Virginia is one of nearly two-dozen states moving slowly to establish manage health insurance exchanges and the governor says he doesn't want to act until after the U.S. Supreme Court decides the constitutionality of ACA.
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The Obama Administration is highlighting progress being made in establishing a key component of the Affordable Care Act in, of all places, conservative-leaning states.
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The Obama administration noted that it is going forward with plans to require most employer health insurance to cover birth control without copayments; however, it noted one small modification: it will give religious employers an extra year to make the change.
