Archive for the ‘Healthcare Reform’ Category

Proposed 2013 Budget Includes New Healthcare Funding & Cuts

Posted on: March 7th, 2012 by hmshealthcare

President Obama recently released his proposed FY2013 budget, which outlines his fiscal goals for the United States. In the budget, the President proposes to cut healthcare spending by $360 billion over the next decade, with $300 billion coming out of Medicare through reduced payments to healthcare providers. Despite these cuts, the budget still proposes to allocate the Department of Health and Human Services (HHS) nearly $950 billion in FY2013, with almost $500 billion proposed for the Center for Medicare and Medicaid Services (CMS) alone.


Health insurance consumers welcome SBC provision of ACA

Posted on: February 28th, 2012 by hmshealthcare

Under the terms of the Affordable Care Act (ACA), health plans are now required to provide consumers with a Summary of Benefits and Coverage (SBC) for group health plans. Short (maximum four double-sided pages) and easy to understand, the SBC will be a valuable supplement to existing plan communications. A recent post on the Kaiser [...]


Employers Face New Reporting Requirements under ACA

Posted on: January 24th, 2012 by hmshealthcare

The Patient Protection and Affordable Care Act (ACA) imposes a number of new reporting requirements on employers that could affect their administrative processes. Under the terms of the ACA, individuals within a certain income level who do not have access to affordable health insurance may be eligible for a tax credit. If an employee seeks a tax credit because his employer fails to provide affordable coverage, the employer may be subject to fines.


States Redouble Medicaid Cost Containment Efforts in Face of Reduced Federal Funding

Posted on: November 29th, 2011 by hmshealthcare

A recently released Kaiser Family Foundation survey discusses state Medicaid costs for FY2012. According to the report, an ebb in the flow of federal Medicaid funding has many states considering cuts and other cost-saving measures.