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On January 19th the Republican House voted to repeal the Health Care Reform Law.
On January 19, as the Obama administration was working to implement the health reform law, the Republican House voted to repeal it. And although on January 25, in his State of the Union address, President Obama said he didn't want to re-fight the...
0 commentsJudge Roger Vinson of Florida ruled health reform law is unconstitutional.
On January 31st 2011, U.S. District Judge Roger Vinson of Florida ruled that the health reform law is unconstitutional. "This has been a difficult decision to reach," he wrote, "and I am aware that it will have indeterminable implications. At a...
0 commentsAetna to resume offering child-only policies in California and Kentucky
To comply with recent state regulations, Aetna will resume offering new business sales of our child-only policies to applicants (under the age of 19) for Aetna Advantage Plans for Individuals, Families and the Self Employed in CA and KY.
0 commentsAbbott Withdraws Meridia in U.S. Markets
The U.S. Food and Drug Administration (FDA) asked Abbott Laboratories to voluntarily withdraw its weight loss drug Meridia (sibutramine) from the U.S. market. Clinical trial data indicates an increased risk of...
0 commentsHealth and Humans services releases regulation on medical loss ratios
Health and Human Services releases regulation on medical loss ratios Lately there has been a large drop in the number of insurance agents specializing in health insurance. The reason for this is that...
1 commentNew Year will affect HSA Contribution Dates
Due to the way banks process deposits, HSA contributions cannot be posted in advance. Since the first banking day in 2011 will be on January 3rd, HSA contributions for the new tax year cannot be posted...
0 commentsHealth Insurance Changes in purchasing OTC over the counter medications with HSA FAS PCA Spending accounts
Beginning January 1, 2011, there will be changes to how over-the-counter (OTC) medicines are purchased using health care spending accounts. These accounts include: Health Savings Account ("HSA"), Flexible...
1 commentAmerican Community Health Insurance going out of business.
On April 8, 2010, the Michigan Office of Insurance Regulation's ("OFIR") Commissioner Ken Ross obtained an order from a Michigan Circuit Court placing American Community Mutual Insurance Company ("American...
0 commentsHow to keep my facebook account safe and secure from hackers
A colleague recently wrote on her blog about her own father’s experience getting hacked on Facebook – and it serves as yet another useful reminder of why and how we can take measures to keep our online...
1 commentWhat bank and Where should or can I open up my HSA Health Savings Account
Where you open up your health savings account depends on a few things. One of the most important things is that you make sure to open one up to take advantage of the tax savings. The second thing is to watch out for fees.
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