Benefit plan design

Crediting uncertainty surrounding ACA’s implementation, Moody’s Investor Services slashed the outlook for U.S. health insurers to negative.

As a result of the continued uncertainty of Affordable Care Act’s impact, Moody’s changed the outlook for U.S. health insurers to negative from stable.

BeneTrac, a San Diego-based employee benefits administration software provider, says employers need to act now in order to comply with the ACA’s employer-shared responsibility clause.

Humana Inc. was sued by a Missouri man who claimed the insurer raised premiums for him and other customers and then failed to respond to requests to cancel policies, allegedly to increase revenue under the Affordable Care Act in what may be the first such lawsuit.

CMS accelerated $90 million deal, rather than go through normal one-year bidding process, as it did not believe current contractor could complete work on ‘urgently needed’ functionalities.

Health care exchanges and other issues related to the Affordable Care Act have garnered a great deal of attention. However, additional and less well-known ACA regulations went into effect on January 1. One of these impacts wellness programs, including the myriad initiatives employers have put in place to encourage employees to exercise, lose weight and otherwise improve their health to prevent illness, disability and its costs.

Target Corp. said it will end health insurance for part-time employees, joining Trader Joe’s Co., Home Depot Inc. and other retailers that have scaled back benefits in response to changes from Obamacare.

Employers and human resource professionals looking to get ahead of the benefits and health care reform game should take a note of a new free survey in the works by McGraw Wentworth.

The plaintiffs who lost a recent lawsuit trying to prevent the federal government from providing tax credits to purchase health insurance on federal exchanges have filed for an expedited appeal in the case.

With Obamacare bearing down on them, a doctors’ group said emergency rooms are less able to provide quality care, and more resources will be needed to handle an expected surge of patients from the new law.

Enrollment in Obamacare health plans for small businesses is off to a slow start, leaving in doubt whether the U.S. program can attract enough customers to satisfy insurers.

Despite assurances from the Department of Health and Human Services that Healthcare.gov is secure, Committee on Oversight & Government Reform Chairman Rep. Darrell Issa (R-Calf.) said Thursday that we “must assume that website is still vulnerable and Americans may have [personally identifiable information] hacked and taken.”

The back-end payment system of Healthcare.gov is still being built, a senior Centers for Medicare and Medicaid Services official said Thursday in testimony on Capitol Hill.

The U.S. government has awarded Accenture’s Federal Services unit a one-year contract, with an initial payment of $45 million, the Dublin-based company said in a statement Accenture will succeed Montreal-based CGI Group, which drew criticism for the website’s early stumbles.

CGI Group, the company that built the main Obamacare website, will be replaced next month when its contract with the U.S. federal government expires, a person familiar with the decision said.

Humana said it expects new Obamacare customers to be sicker and costlier than anticipated, after the U.S. government’s decision to let healthier people keep their existing plans.

Most uninsured people in the U.S. have yet to try to sign up for health coverage under Obamacare, and a key advocacy group said it will hire more workers to reach those unfamiliar with the law.

The committee released its findings ahead of a Friday House vote on Republican-sponsored H.R. 3811, the Health Exchange Security and Transparency Act, which would require that the Department of Health and Human Services notify individuals within two days of a known security breach of the Healthcare.gov website.

Two of the largest U.S. health insurers are giving Obamacare customers more time to pay their initial premiums as the industry tries to coax millions of people to take the final step in cementing coverage for 2014.

The U.S. recession remained a drag on health care spending three years after it ended as a net of 9.4 million people lost private insurance coverage before key provisions of Obamacare had begun, a government report showed.