The Financial Impact of the Affordable Care Act
President Obama’s health care law has held up in the Supreme Court. So what impact might this have on the stock market, businesses, and investors in the coming months? How will Wall Street take this? After the June 28 ruling, stocks of key managed care companies fell while hospital stocks and Medicaid-related stocks rallied. Was this a reaction confined to a market day, or an indicator? Opinions differ. In the view of Leerink Swann health care analyst Jason Gurda, the high court ruling was “largely a neutral” financially and “what the market has mostly expected for the last two...
Read MoreBeware When Shopping For Health Insurance
While shopping for health insurance, consumers everywhere should beware of disguised benefit plans. They are often called limited medical benefits or mini-med plans. Although they appear to offer comprehensive coverage, these plans actually provide very inadequate compensation in the event of illness or injury. The benefits provided by these dishonest plans are not nearly the same as major medical insurance or comprehensive health coverage. Mini-med plans and limited medical benefit insurance policies are usually advertised as inexpensive alternatives to major medical plans. The level of...
Read MoreAnalyzing a Self-Funded Plan
Self-funded health plans can be the best solution for large companies to manage the cost of health care. It is also crucial for HR to analyze the plan to determine if it is effective or not. HR must identify any problem conditions, their co-morbidity issues and take action to get back on track. There are several conditions to consider that are related to these treatments. Condition: High Claim Levels If there is a high level of claims, this doesn’t mean the plan is failing. The amount of health care services used from one year to the next usually varies. In addition to this, there are...
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