Healthcare reform

Pharmaceutical companies, which were spared some of the more sweeping regulations in President Barack Obama's health care overhaul, could come under more pressure if the U.S. Supreme Court strikes down part or all of the 2010 law.

The average cost of care for a typical family receiving health care through an employer-sponsored PPO plan in 2012 will cost $20,728, a 6.9% increase over 2011. Though this is the lowest rate of increase in 12 years, the $1,335 increase surpasses last year’s record of $1,319. This is according to the Milliman Medical Index.

The Obama administration forged ahead with health care reforms on Wednesday, announcing a November 16 deadline for state governments to submit proposals showing how they intend to operate health insurance exchanges in 2014.

President Barack Obama's health care overhaul law contains a slew of new tax provisions, and their fate is unclear as the Supreme Court weighs the law's constitutionality.

The Department of Health and Human Services has awarded a total of $181 million in grants to assist six states in establishing health insurance exchanges under authority of the Patient Protection and Affordable Care Act.

In a presidential election cycle where job creation is a key issue, 15% of National Association of Insurance and Financial Advisors members surveyed recently say President Barack Obama’s health care reform law’s medical loss ratio provision has decreased their commissions enough to cause them to need to lay-off or reduce the hours of support staff in their offices — affecting an average of two employees per agency.

Health insurers are on the hook for an estimated $1.3 billion in rebates by August of this year, if they were not in compliance with the Medical Loss Ratio provision of the Patient Protection and Affordable Care Act for 2011, according to analysis by the Henry J. Kaiser Family Foundation.

Aon Hewitt isn't letting health care reform dictate its business model. If anything, it's the other way around. In addition to publishing an influential report on the implications of health reform for large employers, CEO Kristi Savacool has been to the White House several times in recent months to discuss the company's retiree health care exchange and upcoming active employee exchange model. "We have been on the front line," says Savacool, "really influencing the development of health care reform, influencing our clients with respect to how they put their own health care strategies together."

Next month, the Supreme Court is expected to hand down its opinion regarding the individual mandate contained in the Patient Protection and Affordable Care Act. Their ruling on the constitutionality of requiring every American to purchase health insurance may affect how health reform moves forward. But, one thing the ruling will not significantly alter, in all likelihood, is the development of state-run health insurance exchanges. That's because regardless of the individual mandate, employers and individuals will still be looking for a vehicle that provides affordable health insurance that meets their needs - and exchanges may indeed be the answer.

The last week of March was a busy one here at EBA HQ. With the Supreme Court hearing oral arguments on the constitutionality of health care reform's individual mandate in our own backyard, EBA couldn't miss the opportunity to head down to Capitol Hill to check out the scene for ourselves - and bring you the latest news on the proceedings in the process.

Congressional Republicans last week issued a politically charged report that quoted President Barack Obama's corporate advisers as predicting his 2010 health care overhaul would raise — not lower — the cost of care.

Republicans on Thursday issued a politically charged report that quoted President Barack Obama's corporate advisers as predicting his 2010 health care overhaul would raise — not lower — the cost of care.

Employers continue to look to their adviser to guide them through health care reform uncertainty. In fact, 88% expect their adviser to educate them on health care reform and its implications, according to a recent survey.

U.S. officials on Monday cited two health insurers for excessive premium increases, under consumer protection rules of President Barack Obama's health care reform law that could soon be nullified by the Supreme Court.

In February, the Departments of Labor, Treasury, and Health and Human Services issued final regulations implementing the new summary of benefits and coverage requirement under the Patient Protection and Affordable Care Act. The agencies also released a separate document providing additional guidance on the SBC requirement, which includes a template for the summary, instructions, sample language, a guide for coverage example calculations and the uniform glossary.

Recently, I had an opportunity to attend a luncheon where Florida Governor Rick Scott gave the keynote address. He was surprisingly bright and certainly on top of things here in our sunny state, which has suffered a few economic kicks in the head over the past few years. He spoke on myriad issues and provided a number of positive statistics that indicated his short time in office has been a success. Unemployment is going down, while tourism is going up. Each topic was one of importance, but I was particularly interested in hearing what this first-time politician had to say about Florida's current position on health care reform.

Xavier University, one of the oldest Roman Catholic colleges in the United States, will cut off birth-control coverage for its employees in July, a move that has divided faculty members and students on the Cincinnati campus.

When President Barack Obama criticized Mitt Romney by name this week for embracing a controversial Republican budget proposal, he worded his attack carefully and with bite.

The White House was forced on the defensive on Wednesday as it sought to explain controversial remarks President Barack Obama made earlier in the week about the Supreme Court's review of his signature health care reform law.

There has been a lot of information in the news about health care reform and how it affects small businesses. Yet, I still find many business owners scratching their heads trying to understand what it all means for their businesses. To simplify matters, here are five things small employers must know about employee health benefits—especially in a post-health care reform environment: