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United States: Government Proposes Regulations On 90-Day Limit To Waiting Period For Health Insurance - Grant Thornton LLP

The IRS, the Department of Labor and the Department of Health and Human Services have issued proposed regulations to implement the 90-day waiting period limitation added to the Public Health Service Act by the Patient Protection and Affordable Care Act.        

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Found 1 month ago on channel Mondaq

Scooter Store Zips Into Bankruptcy

The Scooter Store, which claims it has given 700,000 senior citizens back their mobility, has itself run aground. The company this week filed for Chapter 11 bankruptcy, listing assets of $1 million to $10 million and liabilities of between $50 million and $100 million. Major creditors include the Centers for Medicare and Medicaid Services (CMS), which, according to the filing , is looking to collect $19.5 million--the amount the Scooter Store previously had agreed to repay the U.S. government after an independent audit found that the company had overbilled Medicare and Medicaid by $46.8 million to $87.7 million from 2009 to 2011.        

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Found 1 month ago on channel Abc News

United States: Full Implementation Of SHOP Health Exchanges Delayed - Ford & Harrison LLP

The Department of Health and Human Services recently announced that full implementation of the SHOP component of the state-based health insurance exchanges created by the Affordable Care Act run in full or in part by the federal government will be delayed until 2015.        

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Found 1 month ago on channel Mondaq

United States: Increased Government Scrutiny Of Physician-Owned Device Distributorships - Duane Morris LLP

On March 26, 2013, the Office of Inspector General of the U.S. Department of Health and Human Services increased its scrutiny of and pressure on physician-owned entities.        

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Found 1 month ago on channel Mondaq

The Post Office’s Biggest Problem Isn’t Saturday Delivery — It’s Congress

It may seem like the United States Postal Service is unwilling to adapt to a world of declining mail volume and increased digital communication. But the real obstacle in the way of true reform aren’t the folks running the postal service itself. It’s their bosses in the U.S. Congress. Postmaster General Patrick Donahoe is like a man waiting for a package that never arrives. Donahoe, who has led the U.S.P.S. since 2010, has over the past few years made numerous proposals to get the money-losing postal service back in the black. He’s suggested closing post offices, modernizing post offices, “village” post offices, increased postal rates, decreased services, a reduced workforce, and a number of digital approaches involving tracking packages, QR codes, and mobile solutions. (MORE: How ‘Made in the U.S.A.’ is Making a Comeback) But there’s only so much the Post Office can do on its own to reduce the billions it loses every year. (Last year it lost $16 billion.) Congress holds ...

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Found 1 month ago on channel TIME Moneyland