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United States: Weekly Washington Healthcare Update: February 25, 2013 - McGuireWoods LLP

The HHS has finalized a rule establishing health insurance benefits that must be covered beginning in 2014, pursuant to the Affordable Care Act.

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Found more than 1 month ago on channel Mondaq

Health insurance industry healthier than predicted

Tuesday, October 16, 2012 - 15:05 Chip Somodevilla/Getty Images Health and Human Services Secretary Kathleen Sebelius speaks about the recent Supreme Court decision to uphold the Affordable Care Act on July 11, 2012 in Washington, DC. So far, the fiscal impact of President Obama’s health care reform is not nearly as bad as originally forecast by Wall Street types. Parts of the Affordable Care Act have already taken effect, like the rule requiring insurers spend a certain percentage of their profits on medical costs -- some analysts had predicted that requirement would hurt the bottom line. “Investors overestimate the impact of the law on managed care organizations,” says Matt Choffina, a senior equity analyst at Morningstar. “They seem to be feeling little, if any, impact from the health reform law.” Consider UnitedHealth Group: On Tuesday, the company announced a 23 percent jump in third-quarter profits. With so many negative predictions, why is the health insurance industry so ...

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Found more than 1 month ago on channel Marketplace.org

Unions triple-team Allen in Virginia

Thursday, October 11, 2012 - 09:36 YouTube/Screenshot SEIU, AFSCME and the National Education Association teamed up to produce this ad opposing U.S. Senate candidate George Allen, a Republican. Three labor unions have teamed up to try to thwart the election prospects of former Sen. George Allen, the Republican running for U.S. Senate in Virginia. The political action committees of the American Federation of State, County and Municipal Employees, the Service Employees International Union and the National Education Association launched “ Better ” on Wednesday, attacking Allen on Medicare and women’s health. “That’s George Allen,” the narrators say. “Cuts Medicare. Reduces care for women. More power for insurance companies.” Allen supports vice presidential nominee and Republican Rep. Paul Ryan’s budget, which proposes a voucher-type system for Medicare that Democrats argue would result in deep cuts. When speaking of women’s health, the ad refers to Allen’s support of ...

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Found more than 1 month ago on channel Marketplace.org

Possible outcomes in pivotal health care law case

WASHINGTON -- Some are already anticipating the Supreme Court's ruling on President Barack Obama's health care law as the "decision of the century." But the justices are unlikely to have the last word on America's tangled efforts to address health care woes. The problems of high medical costs, widespread waste, and tens of millions of people without insurance will require Congress and the president to keep looking for answers, whether or not the Affordable Care Act passes the test ...

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Found more than 1 month ago on channel Associated Press