Insights from Our Integrated ERM and Claims Settlement Solutions Practices
Obama Administration Simplifies, Significantly Shortens Application For Health Insurance
The Centers for Medicare & Medicaid Services (CMS) announced on April 30, 2013 that the application for health coverage has been simplified and significantly shortened. The application for individuals without health insurance has been reduced from twenty-one to three pages, and the application for families is reduced by two-thirds. The consumer friendly forms are much shorter than industry standards for health insurance applications today.
The New Alternatives for Employer Sponsored Affordable Health Insurance
In a recent survey by the Conference Board CEO Challenge, it was found that Human Capital is the number one challenge globally. In the survey, it was noted that U.S. and European CEOs were concerned about finding ways to reduce their baseline costs. Additionally, U.S. CEOs said they are very averse to government interventions including health care. Learn more about the survey by clicking the link below.
The White House Offers Updated Information Regarding Health Care Reform
According to the White House, nearly 50 million older Americans and Americans with disabilities rely on Medicare each year. They said the new health care law makes Medicare stronger by adding new benefits, fighting fraud, cutting costs, and improving care for patients.
Recent Breaking News Headline Stories from Medicare
- HHS would increase rewards for reporting fraud to nearly $10 million - New funds available to expand Senior Medicare Patrol Program
- CMS Announces Information Technology Changes that affect all Social Security Numbers (SSN) and Health Insurance Claim Numbers (HICN)
- The Centers for Medicare and Medicaid Services (CMS) have released their Updated NGHP User Guide