House Bill 5013 would amend the Insurance Code (500.3101 et al.) by adding and amending sections and chapters that define the state's no-fault insurance system. This morning, the House Insurance Committee voted HB 5013 out to the committee of the whole; where the rest of the House of Representatives will decide whether or not to send it over to the Senate. Stay tuned for
Section 355 of the tax code will drastically reduce, or even completely eliminate, any tax liability caused by
In summary, Section 5202 amends the Public Health Service Act to increase yearly loan rates and
The main difference between the House and the Senate is that the house puts all responsibility on the national government while the Senate positions the responsibility onto the states when it comes to creating their health insurance exchanges. It seems as though that if a state fails to do it they are then under the hand of the House and not the Senate. While both bills are aiming towards a similar result they go about it in different ways. Exclusivity of the health insurance exchange is one way they differ. , The Senate wants non-group health insurance to be sold outside of the exchange where it will be less regulated. The House calls for all non-group health insurance coverage to be sold through the health insurance exchange.
However, once again, the mental health reform efforts failed, inspiring Senator Domenici to team up with Senator Wellstone to introduce a comprehensive parity act in the Senate (S.298) and attempted to attach it with the Health Insurance Portability and Accountability Act (HIPAA) legislation (Barry et al., 2010). Regrettably, during house senate negotiations the parity provision of HIPAA was dropped (Barry et al., 2010). Persistently, Domenici and Wellstone introduced a scaled down version of the parity act (S.2031) and successfully attached it to the VA-HUD appropriations legislation, thus the first step towards benefit parity, the Mental Health Parity Act of 1996 was signed into law (Barry et al., 2010). Unfortunately, MHPA had very little impact on mental health parity. By 2006 thirty-seven states had their own benefit parity legislation, however, the 1974 Employee Retirement Income Security Act (ERISA) exempted self-insured plans from state parity compliance which negatively affected one-third to one-half of US employees (Barry et al., 2010). For the next nine years, more comprehensive parity laws stalled in Congress, in the interim President Clinton required the FEHBP to implement comprehensive MH/SUD parity by 2001 (Barry et al., 2010). To date, this was the most heroic effort put forth in benefit parity, as it covered all
That mostly depends on our Presidential election in November. If a Republican wins office they could option not to enforce the act or overturn it during Legislative session. As long as Governor Perry is in office, there will be no expansion of Medicaid until at least 2014. Since, Governor Perry is not expanding the Medicaid system, as a state will need to prepare for higher insurance premiums to cover the costs that Medicaid does not. The state will need to revamp the state Medicaid system because our population is rising higher than the cost of healthcare. As of December of 2011 total enrollment in Medicaid was 3,652,591. This cost the state of Texas 12.8 billion dollars, paid for by our taxpayers. As our state population increases it is estimated 1.2 million newly eligible Texans for Medicaid, and by 2019 it will cost the state and additional 5.3 billion in taxes (Texas Health and Human Services Commission, 2012).
The bill was the complete opposite of the ACA instead of increasing coverage for millions of Americans it would eliminate coverage, in 2018 14 million would lose coverage, that number would increase to 21 million by 2020, with another 24 million by 2026. Many Republican voters immediately revolted from these numbers, telling their lawmakers they would vote them out if they passed
In Massachutettes, health plans wanted to eliminate “continuous open enrollment, assess the full annual penalty for any significant period of continuous un-insurance, impose waiting periods for certain services and bar consumers from buying in the merged market if they had access to employer sponsored coverage” (case study). Doing these things, the insurance companies hoped to lower premiums. Bill 2585 did pass but the law did not go as far as the insurance companies had hoped. It only “limited open enrollment in the merged market to twice a year in 2011 and once a year after that” (case study), which didn’t really help much. Due to loss in the small market group in 2009, health plans “planned double digit premium increases in 2010” (case study), but the government stepped in and put a stop to it. Even though the big name hospitals were driving up cost, the insurance companies were seen as the bad guys. This caused local plans to “record sizable operating losses for the first quarter of 2010 and had to draw on reserves to cover expected losses resulting from the rate rollbacks” (case study). The insurance companies, especially the smaller ones, suffered financially.
In 2006 the state of Massachusetts wanted to help its millions of citizens who were uninsured. The state legislators as well as the governor put into place a plan to help citizens get insurance. A law was passed to reform insurance in Massachusetts, which was known as Chapter 58 of the Acts of 2006 of the Massachusetts General Court; its long form title is An Act Providing Access to Affordable, Quality, Accountable Health Care.
As a major aspect of the new Health Care change charge, the lawmaking body will make government Health Care protection trade and subsidy programs. These are State-based Health
Furthermore, Senate Bill 1216 provides direction to the Commission of Insurance for Texas to begin the development of the standardized form with input from an advisory committee and the centers for Medicare and Medicaid services (CMS). The
For the first time in history, insurance companies will no longer be allowed to simply tell a person “no”. They will be required to offer coverage and accommodate regardless of a person’s health status, and they will not be able to jack up rates or drop any one from coverage when the main person in the insurance packet gets sick.
A new draft of amendment to BCRA was released on July 19th, 2017 with a new title Obamacare Repeal Reconciliation Act of 2017. CBO & JCT, analyzing the enactment of this legislation would decrease the federal deficits by $473 billion over the period of 10 years but will also increase the the number of uninsured people up to 32 millions with average premiums almost doubling by 2026. The same day on Wednesday President Trump again ordered senators for making a
Gilead, the fictional country that The Handmaid’s Tale takes place in, is an exceedingly hypocritical society that constantly contradicts themselves. It declares women who are raped and objectified to be better off than they were in the prewar days when they were free. It is very desperate for people to reproduce and continue on the human race in Gilead, yet they kill people for simple crimes. It tightly restricts all forms of behavior by not allowing women and men alike to have any thoughts of their own.
What do health care economics have to do with you as you provide patient care?
According to an article in the New York Times, aging wisely is all about how you feel, your attitude, health and how productive you are. Therefore if we have a positive attitude as we age we will tend to take better care of ourselves, exercise and eat healthy. Graham mentions in the article that the stereotype that as we age we become useless the attitude can become that person. On the other hand if there is satisfaction and production the older adult is more likely to work hard to be healthy and may even recover more easily from illness (Graham, 2012)