What are the benefit changes in 2023 in Covered California by Barbara Kempen | Sep 29, 2022 | UncategorizedEach renewal season the ACA and Covered Covered adjust their benefit structure slightly. Whereas we saw in 2022 benefits improvements while lowering the medical and pharmacy deductible for the upcoming renewal season in 2023 we see major benefit reductions on the...
How the Inflation Reduction Act helps Medicare Policyholders by Barbara Kempen | Sep 27, 2022 | UncategorizedOne of the key provisions of the Inflation Rescue Act which was implemented last month will help Medicare policyholders to lower drug costs. Medicare will have the right to negotiate prices for prescription drugs for the first time since Congress enacted a...
How will the Inflation Reduction Act affect your health insurance by Barbara Kempen | Aug 24, 2022 | UncategorizedThe Inflation Reduction Act was Signed into Law! Recently, President Biden marked the Inflation Reduction Act (IRA) into regulation. The IRA is noteworthy health care, tax, and climate change policy provision that incorporates arrangements to broaden the expanded and...
Covered California announces its 2023 rate increase by Barbara Kempen | Jul 22, 2022 | UncategorizedAlthough this is higher than last year’s 1.8% increase, it is lower than the national average rate increase of 10% (based on 13 states that have so far filed their rates). There is some good news such as the entrance of Aetna into El Dorado, Fresno, Kings,...
Employers are Rethinking Their Employee Benefits by Barbara Kempen | Jul 8, 2022 | UncategorizedThe COVID-19 pandemic has dramatically changed the employer-employee relationship after the effects of the pandemic on everyone’s physical, mental, social, and financial lives. With employers having more consideration for the health of their employees, many...
