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April 30, 2012
In This Issue
The Check is in The Mail...Well, Maybe
Would You Like a Side of Comment Notices With Your Bulletin?
You Say Prevention Fund, I Say Slush Fund
Last Week Hearings and Reports, This Week Vacay
What We’re Reading
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May 4: Gordon Award nomination deadline
May 10: Early bird registration cutoff for Annual Convention
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The Check is in The Mail...Well, Maybe

On April 26, the Kaiser Family Foundation released a report estimating the impact the Patient Protection and Affordable Care Act’s (PPACA) medical loss ratio (MLR) provisions will have on health insurance consumers this year in the form of premium rebate checks that are supposed to be mailed to health insurance consumers this coming August. While the total amount of all projected rebates at first seems to be large—$1.3 billion—when you read the fine print of the report, it becomes clear that these rebates aren’t quite the windfall that some people have been predicting. Furthermore, the coverage disruptions, loss of agent services, and higher overall premiums caused by both the MLR requirements specifically and PPACA generally, negate any consumer benefit the rebates may provide. Read More

Would You Like a Side of Comment Notices With Your Bulletin?

The Obama administration must have known that we were just about to finish the last new book on our Kindle, so they thoughtfully provided a whole new bunch of reading material for the weekend—a new bulletin on employers and exchanges, THREE requests for comment from the IRS on fun topics like calculating the minimum value of employer sponsored plans for the purposes of the employer mandate and a bonus comment request from HHS, Treasury and the Department of Labor wondering what to do about the rise of self-funding in the small group market. Read More

You Say Prevention Fund, I Say Slush Fund

The House of Representatives voted on Friday to prevent federal student loan interest rates from doubling from 3.4 to 6.8 percent this coming July by using the last $11.9 billion in the healthcare reform law’s preventive health fund as a pay-for. The House approved the bill 215-195, with 30 members of the GOP voting in opposition. However, 13 Democrats joined with their Republican colleagues in support of the measure.  Read More

Last Week Hearings and Reports, This Week Vacay

The House and Senate are off this week on their second spring break of the month (What? No, we’re not at all bitter or jealous) but last week our elected officials were quite busy over on Capitol Hill, particularly in the Ways and Means Committee.   Read More

What We’re Reading

A bunch of new studies and an election predictor widget have us glued to our computer monitor this week!  Read More

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