The Unlucky Millions Paying More for Medicare

NEW YORK TIMES By THE EDITORIAL BOARD, OCT. 10, 2015 A quirk in the laws governing Medicare and Social Security will expose millions of Americans to a staggering 50 percent increase in their premiums for the part of Medicare that covers doctors' bills, known as Medicare Part B. It is imperative that Congress pass legislation… Read More

Hillary Clinton Supports Repealing ‘Cadillac Tax' on Health Plans

The Affordable Care Act's tax on high-priced health insurance plans is opposed by labor unions and Republicans THE WALL STREET JOURNAL By Laura Meckler And Stephanie Armour Sept. 29, 2015 6:55 p.m. ET Hillary Clinton said Tuesday that she would support repealing a tax on high-priced health insurance plans that was enacted as part of… Read More

Audit finds slipshod cybersecurity at HealthCare.gov

ASSOCIATED PRESS By RICARDO ALONSO-ZALDIVAR Sep. 24, 2015 3:24 PM EDT WASHINGTON (AP) – The government stored sensitive personal information on millions of health insurance customers in a computer system with basic security flaws, according to an official audit that uncovered slipshod practices. The Obama administration said it acted quickly to fix all the problems… Read More

Regulators to Shut Down Health Republic Insurance of New York

Officials cite likelihood that health cooperative would become financially insolvent THE WALL STREET JOURNAL By ANNA WILDE MATHEWS Updated Sept. 25, 2015 11:53 p.m. ET Regulators will shut down Health Republic Insurance of New York, the largest of the nonprofit cooperatives created under the Affordable Care Act, in the latest sign of the financial pressures… Read More

‘Cadillac' Health Tax Fight Heats Up

Levy of 40% under Obamacare could prompt employers to eliminate flexible spending accounts THE WALL STREET JOURNAL By Stephanie Armour Sept. 8, 2015 7:41 p.m. ET A looming tax on generous employer health plans could imperil flexible spending accounts, a popular benefit that lets employees set aside tax-free money for certain medical expenses. The Affordable… Read More

Announcing the OMNIA Health Alliance

HORIZON NEWS Christopher M. Lepre Senior Vice President, Market Business Units September 10, 2015 Horizon Blue Cross Blue Shield of New Jersey is announcing important and exciting news today that will benefit our mutual customers. As one of our key broker partners, I wanted to make sure you understand what we are announcing today and… Read More

Eight other hospital systems involved with Horizon’s new alliance

NJ BIZ By Anjalee Khemlani, September 11, 2015 at 9:45 AM Eight other hospital systems — representing a total of 12 hospitals, many of which are in South Jersey — will directly benefit from the OMNIA Health Alliance that was announced Thursday, NJBIZ has learned. The alliance is a partnership between Horizon Blue Cross Blue… Read More

26% of employers could face the ‘Cadillac tax' on health insurance

THE WASHINGTON POST By Carolyn Johnson August 25, 2015 The next fight over the Affordable Care Act may center on one of its most powerful provisions to contain health care costs — the “Cadillac tax” on the most generous health insurance plans. A new analysis released this week by the Kaiser Family Foundation estimated that just… Read More

Cadillac Tax: A Portion of Obamacare Both Parties Hate

Unions and employers are on board with repealing the Cadillac Tax. US NEWS & By Kimberly Leonard Aug. 14, 2015, 6:28 p.m. EDT Republicans and Democrats agree on little when it comes to President Barack Obama’s health care law, but one area ripe for bipartisan reform is the Affordable Care Act’s unpopular tax intended to… Read More

Most Health Insurance Co-ops Are Losing Money, Federal Audit Finds

THE NEW YORK TIMES By ROBERT PEARAUG. 14, 2015 WASHINGTON — Most federal insurance cooperatives created under the Affordable Care Act are losing money and could have difficulty repaying millions of dollars in federal loans, an internal government audit has found, prompting the Obama administration to step up supervision of the carriers. Daniel R. Levinson,… Read More