Another Wellness HSA Option in Ohio
As mentioned in an earlier post, the Lumenos Health Savings Account (HSA) plan, offered by Anthem Blue Cross & Blue Shield, has become very popular among individual health insurance policies. Other major carriers have taken notice of this and developed plans that are very similar in terms of benefits and premiums. One carrier in Ohio that has […]
Medical Sharing Plans: A risky alternative to Health Insurance
Whether you are in Cincinnati, Columbus or Cleveland, many Ohioans share negative feelings toward health insurance carriers. After all, the carriers do accept and decline individuals at will, raise premiums consistently and remain profitable–regardless of the economic climate. Over the last decade many have sought out alternative health care options. One alternative, which […]
Medical Mutual of Ohio to Operate Temporary High Risk Pool
As stated in the Patient Protection and Affordable Care Act, states must provide a temporary high risk pool to those individuals who are unable to purchase health insurance due to pre-existing conditions. As of last week, Mary Jo Hudson, the Director of the Ohio Department of Insurance announced that Medical Mutual of Ohio […]
Maternity Benefits: No longer a common offering
As the landscape of our nation’s health care system continues to change, products and benefits offered by the many carriers change as well. While the health care reform will eventually force the carriers to shoulder higher risk individuals, who would have been declined coverage prior to the legislation, the carriers are scrambling to […]
COBRA Subsidy Expires… Alternatives Available
Effective June 1, 2010, the federal COBRA subsidy expired. The program was enacted in March of 2009 and allowed COBRA participants to receive a 65% federal subsidy as a part of the Obama Administration’s $787 billion stimulus program.
House Democrats at the end of May elected not to extend the subsidy through the remainder […]
In Search of Support, Obama Takes Aim at Seniors
As the oil spill in the Gulf continues to dominate national news, President Obama appears to have refocused his energy toward the defense of the recent healthcare reform bill. Although his quest to drum up support may not surprise most, considering midterm elections are on the horizon, it’s Obama’s target audience that has […]
Anthem Lumenos HSA: As popularity grows, rates and benefits remain grounded
For the better part of two years, Anthem Blue Cross and Blue Shield has been converting loyalists of competing carriers into proud Anthem policy holders. The secret to this growing admiration? The Lumenos Health Savings Account (HSA) plan.
As individuals, families and employer groups continue to move business over to Anthem, one has to […]
Heathcare Reform to Restrict Use of FSAs, HRAs and HSAs
As the recently enacted Patient Protection and Affordable Care Act continues to move toward full implementation, it is apparent that the bill could very well change the manner in which we use our coverage. One aspect of the bill that has caused a stir amongst insured individuals is concerning the guidelines for the […]
Health Care Reform Timeline for Ohioans
The Patient Protection and Affordable Care Act, or Health Care Reform Bill, was signed by President Obama on March 23, 2010. Throughout the United State, this legislation has been met with great support and opposition. However, there is no debating the fact this bill will greatly change the way our current health care […]
Taking the Mystery out of Individual Health Care Coverage
As more and more companies defray healthcare costs by passing them along to employees and more people join the ranks of the self-employed, retired and going-back-to-school, individual health insurance becomes of critical importance. Not only will it keep your family covered in between career moves, it can also be a less-expensive option than employer-provided insurance. […]
