Category: Health Insurance

Health Insurance

Congress acts to stop the flood of forms mailed to millions

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Rep. Jimmy Panetta, D-Paso Robles, in a 2021 file photo. He is sponsoring the Paperwork Reduction Act, intended to stop unnecessary federal health insurance mailings to millions of people.

Rep. Jimmy Panetta, D-Paso Robles, in a 2021 file photo. He is sponsoring the Paperwork Reduction Act, intended to stop unnecessary federal health insurance mailings to millions of people.

Washington

Tired of getting some form in the mail from Washington about health insurance and wonder what it is?

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The “Paperwork Burden Reduction Act” is aimed at stopping unnecessary mailings, which now go to an estimated 154 million people.

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The measure, passed easily by the House, would make the health care form available only to those who request it. The Senate will now consider the legislation.

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Not only

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3 min read
Health Insurance

Mandatory health benefits: OREA members not permitted to speak at Tuesday’s special meeting

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The Ontario Real Estate Association (OREA) is considering the implementation of a mandatory insurance and benefits program for its members. the Ontario Realtor Wellness Program (ORWP) program is set to be voted on by the OREA assembly today and, if approved, will go into effect on Jan. 1, 2024.

background

The proposed program aims to address the issue of many realtors lacking private health insurance by offering a comprehensive package of benefits. OREA President Tania Artenosi highlighted that the ORWP would be the first of its kind in North America. The program includes life insurance, critical illness insurance, out-of-country emergency

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4 min read
Health Insurance

Things HNWIs Should Check Before a Health Insurance Purchase

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The High Net Worth Individuals (HNWIs) are known for keeping a portfolio of diverse insurance purchases. While many of us take for granted the utility of insurance, these individuals, in particular, will continue to explore better opportunities where they can get the most out of these policies. why? Because they understand the risks and want to avoid experiencing the aftershocks of the same. One such insurance policy they would run to purchase at first instance is health insurance.

Now, what policy you purchase depends on what antecedents you have and what your requirements are. In case you are an HNWI

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4 min read
Health Insurance

Estate Planning: 5 Things to Consider

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If you are preparing to draft your estate plan with your estate planning attorney, there are a variety of issues that you will need to think about before your documents can be finalized.

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Prior to drafting your estate plan, we recommend that you give some thought to the following items:

  1. How do you want your money and assets handled if you die? Do you want any restrictions? If you are
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3 min read
Health Insurance

Humana joins UnitedHealth in flagging cost hit from rising surgeries

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June 16 (Reuters) – Humana Inc (HUM.N) on Friday joined larger health insurer UnitedHealth (UNH.N) in warning of a jump in medical costs this year due to higher-than-expected demand for surgeries and other medical procedures.

Pandemic-driven restrictions and hospital staffing shortages had led to long delays in elective procedures such as hip and knee replacements, especially among older adults at higher risk of severe contracting COVID-19.

“Now with restrictions being lifted and the public health emergency coming to an end officially at a national level, we’re going to see that (surgeries) come back,” said Pavani Rangachari, a professor of healthcare

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2 min read
Health Insurance

For 5th straight year state employee health benefits plan sees no increases

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TOPEKA, Kan. (WIBW) – For the fifth year in a row, state employees in Kansas will not have to pay more for health insurance following four years of increases.

Kansas Governor Laura Kelly said that on Tuesday, June 20, she applauded the Kansas Health Care Commission as it continues to not increase contribution rates for the State Employee Health Benefits Plan.

Gov. Kelly noted that 2023 marks the fifth year that contributions have been reduced or held flat. In the eight years before she took up office, employee contributions increased five times while the state’s contributions decreased.

“I am pleased

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Health Insurance

Savvy Senior: Health insurance options after a spouse retires | News, Sports, Jobs

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Health Insurance

How Do I Update My Compliance Risk Assessment?

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Compliance Risk Assessments are critically important in healthcare practices. When used correctly, they can save entities from fines, problems and consequences.

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While almost everyone is familiar with a HIPAA Risk Assessment, many practices have not completed a full Compliance Risk Assessment.

A Compliance Risk Assessment is a process for healthcare entities to determine what risks exist, evaluate potential risks and focus resources to address the most significant risks.

Compliance Risk

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