Tag: what does health insurance through the marketplace mean?

UnitedHealth’s lower-than-feared costs lift profit, shares

  • July 23, 2023
  • 2 min read

July 14 (Reuters) - UnitedHealth Group's (UNH.N) quarterly profit beat Wall Street estimates on Friday as a smaller-than-expected jump in medical costs allayed fears that a resumption in long-delayed surgical procedures would hit profit growth.The company's results allowed investors to breathe a sigh of relief following a $60-billion wipeout in industry market value last month, after United Health raised alarms about rising costs.Its shares ended up 7%, while rivals Humana (HUM.N), Cigna (CI.N) and Elevance Health (ELV.N) closed 2% to 5% higher on Friday.The results were a "welcome response," after several weeks of pain for investors in health insurance companies,…

Wider access to health insurance via Medicaid expansion improved cardiac care, finds study

  • July 5, 2023
  • 5 min read

Credit: Unsplash/CC0 Public Domain An expansion of the Affordable Care Act that extends Medicaid eligibility to more people improved patient outcomes, prevention measures and screening access, according to a review of research published today in Circulation: Cardiovascular Quality and Outcomes. A provision of the Affordable Care Act of 2010 extended Medicaid eligibility to all adults with incomes of up to 138% of the federal poverty level in states that elect to participate, with the federal government covering 90% of the costs. Medicaid provides health insurance coverage for people with low income, and the expansion ensures that as of June 2023,…

Need a Practical High School Graduation Gift?

  • June 10, 2023
  • 2 min read

We've got you covered. If you know a recent high school graduate, you should find out if they have a simple estate plan to allow their parents or guardians to make medical and financial decisions if they are incapacitated. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). With high school graduation season in full swing, it is essential to remember that at age 18, parents no longer have the right to make medical and financial decisions for their child,…

Court seeks compromise that might preserve preventive health insurance mandates as appeals play out

  • June 8, 2023
  • 2 min read

NEW ORLEANS (AP) — Federal appeals court judges are seeking compromise on whether government requirements that health insurance include coverage for HIV prevention, cancer screenings and some other types of preventive care can be maintained while a legal battle over the mandates plays out.The 5th US Circuit Court of Appeals panel on Wednesday told attorneys on both sides of the issue to report by Friday on the possibility of a temporary compromise in the case.At issue is a March ruling by a federal judge in Texas who said some of the preventive care requirements under former President Barack Obama's 13-year-old…

How Can You Protect Your Children?

  • June 2, 2023
  • 2 min read

Many of our estate planning clients have children and want to protect their children. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). While concerns vary, protecting children is a huge part of estate planning. When parents have minor children, estate planning is essential. It allows parents to pick guardians for their children. This will ensure that they have peace of mind knowing who will care for their minor children. This will also prevent court fights over guardianship. Parents with…

Are You Prepared for an Audit?

  • May 31, 2023
  • 2 min read

The Federal Government is constantly auditing healthcare entities. A recent Michigan settlement resulted in prison time and a hefty repayment for violations of the False Claims Act. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). If your compliance plan needs to be updated, now is the time. You want to make sure that your practice is protected so that you are not faced with a similar situation as a vascular surgeon from Bay City, Michigan. A vascular surgeon was…

Health insurance for 600,000 Americans at stake in debt ceiling debate

  • May 26, 2023
  • 6 min read

The health insurance of 600,000 Americans is hanging in the balance as part of last-minute negotiations to raise the US debt ceiling. House Republicans are pushing to include beefed-up work requirements for recipients of federal welfare — now called Temporary Assistance for Needy Families — the Supplemental Nutrition Assistance Program (SNAP) and Medicaid as part of a debt ceiling deal with the White House. “We can't be spending more money next year. We have to spend less than we spent the year before. It's pretty easy,” Speaker Kevin McCarthy (R-Calif.) said Friday. Under the GOP proposal, 600,000 Americans — mostly…