With an emphasis on practical strategies to improve productivity and performance, and limit potential liabilities, Bulletin to Management™ concisely analyzes new developments in employment and human resources management.
The Obama administration July 11 issued two proposed regulations to aid in the creation of state health insurance marketplaces under the Patient Protection and Affordable Care Act.
One proposal (docket CMS-9989-P) would establish health insurance exchanges, with the goal of providing competitive marketplaces for individuals and small employers to directly compare available private health insurance options on the basis of price, quality, and other factors.
The exchanges, which are to be operational by Jan. 1, 2014, will help enhance competition in the health insurance market, improve choice of affordable health insurance, and give small businesses the same purchasing clout as large businesses, according to the proposal from the Department of Health and Human Services.
The second proposed rule (CMS-9975-P) pertains to standards for reinsurance, risk corridors, and risk adjustment. HHS said these programs will mitigate the impact of potential adverse selection and will stabilize premiums in the individual and small group markets as insurance reforms and the insurance exchanges are implemented, starting in 2014.
In a press release, HHS said the proposals will help states build their Affordable Insurance Exchanges, which are “state-based competitive marketplaces where individuals and small businesses will be able to purchase affordable private health insurance and have the same insurance choices as members of Congress.”
Starting in 2014, the exchanges “will make it easy for individuals and small businesses to compare health plans, get answers to questions, find out if they are eligible for tax credits for private insurance or health programs like the Children's Health Insurance Program (CHIP), and enroll in a health plan that meets their needs,” the release said.
Both proposed rules are set for publication in the July 15 Federal Register. Comments on both proposals are due 75 days after publication of the regulations.
Text of the proposal on exchanges is at http://op.bna.com/hl.nsf/r?Open=mapi-8jnlaf .
Text of the proposal on reinsurance and risk corridors, is at http://op.bna.com/hl.nsf/r?Open=droy-8jnl73 .
Fact sheets on the rules are at http://www.healthcare.gov/law/provisions/exchanges/index.html .
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to email@example.com.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to firstname.lastname@example.org.
Put me on standing order
Notify me when new releases are available (no standing order will be created)