Unless you’ve been sleeping under a rock (or perhaps in a tent down at Zucotti park) you’ve probably heard by now that the Supreme Court has decided to hear one of the cases challenging the health reform law. Specifically, it will be looking at a few pieces of the law, including the requirement that everyone have […]
Hooray for our tax dollars at work! Governor Cuomo announced yesterday that 11 of New York’s insurance plans would have to pay back $114.5 million to 573,748 New Yorkers who were overcharged for health insurance premiums based on a legal requirement that says that they have to spend at least 82 cents of every dollar on medical care versus […]
Photo courtesy of The Economic Times One of the consumer protections that President Obama cared about when designing the Affordable Care Act (ACA) was to require that all private health plans provide consumers with a short, easy-to-read Summary of Benefits and Coverage (SBC) form and a gossary so people can look up terms they don’t understand. As benign as this would seem, insurance lobbyists […]
Well. This is good news. Several news outlets are reporting that the Appeals Court for the District of Columbia Circuit has upheld a lower court ruling that had found it to be all fine and dandy and, more importantly, constitutional, to require Americans to buy health insurance or face a penalty (i.e. the “individual mandate” provision of the ACA). […]