Month: October 2024
Will any legislation surrounding prior authorization, price transparency or individual coverage health reimbursement arrangements (ICHRAs), for example, make it in an end-of-year package? Movement on new electronic prior auth standards may be possible, we learned.
With Open Enrollment for health insurance beginning on November 1st, Nevada consumers can choose from up to 185 plans in the individual health insurance market on and off the Silver State Health Insurance Exchange
The federal hospital price transparency rules adopted in 2021 have been doing more to cut prices than to spur the cheapest hospitals to raise their rates, according to analysts at Turquoise Health.
Speaker Mike Johnson (R-La.) is disputing Democrats’ assertion that he wants to repeal ObamaCare after Vice President Harris’s campaign seized on comments he made at a campaign stop this week. “Despite the dishonest characterizations from the Harris campaign, the audio and transcript make clear that I offered no such promise to end ObamaCare, and in fact acknowledged ...
Nevada’s first stand-alone children’s hospital is coming to the Las Vegas Valley. Intermountain Health unveiled the site of its future stand-alone children’s hospital on Wednesday at UNLV’s Harry Reid Research and Technology Park in the southwest valley, according to a news release. Mitch Cloward, president of Intermountain Health’s Desert Region, which includes Southern Nevada and ...
Telehealth companies selling low-cost, compounded versions of popular weight-loss drugs, including Ozempic and Wegovy, are drawing increased interest from employers, Bloomberg reported Oct. 29. Employers are seeing rising employee demand for weight-loss drug coverage. However, the high costs of GLP1s has proven challenging. About 14% of employers covering the drugs are considering dropping coverage due to expense, ...
On October 22, 2024, the Internal Revenue Service (IRS) released Revenue Procedure 2024-40, which increases the health flexible spending account (FSA) salary reduction contribution limit to $3,300 for plan years beginning in 2025, an increase of $100 from 2024. Thus, for health FSAs with a carryover feature, the maximum carryover amount is $660 (20% of the ...
California Health Insurers: 2024 Edition provides a snapshot of the insurance market in California at the end of 2022. Data from the state’s two insurance regulators, the Department of Managed Health Care (DMHC) and the California Department of Insurance (CDI), and other sources were used to examine market share, enrollment, financial performance, and consumer satisfaction. Key ...
About three-quarters (74%) of those surveyed said they feel healthcare costs drive trade-offs for wage or salary increases, with 38% saying they "strongly agree" that this is the case.
A new report by Gusto suggests it's in the best interest of most small businesses to offer their employees' health insurance. The benefits of offering health insurance are profound, from lower turnover to higher productivity.