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HealthNet says quarterly membership in public exchange plans declined

By: Thomson Reuters

Published February 25, 2016 - 11:26am CST

(Reuters) — Insurer Health Net Inc., which is being bought by rival Centene Corp, said it lost members in its individual business that sells plans under the health care reform law, echoing thoughts of larger rivals in the sector.

Senate committee finds 'flawed' rule-making on DOL fiduciary rule

By: Hazel Bradford, Pensions & Investments

Published February 24, 2016 - 3:52pm CST

The U.S. Department of Labor's process for developing a new fiduciary standard was flawed by interagency conflict, said a report released Wednesday by the Senate Homeland Security and Governmental Affairs Committee.

ERISA Industry Committee names senior vice president of retirement policy

By: Jerry Geisel

Published February 22, 2016 - 12:25pm CST

Will Hansen, a former employee benefits manager and congressional staffer is succeeding Kathryn Ricard, who left the organization earlier this year.

Innovation could be outcome of multiemployer plan debate

By: Hazel Bradford, Pensions & Investments

Published February 22, 2016 - 10:10am CST

With three multiemployer pension plans moving to cut benefits, pension advocates are pushing to derail the law that made such steps possible before there are more, while other experts press for new plan designs.

Hillary's health care stance gets unlikely caucus boost

Published February 19, 2016 - 2:22pm CST

If politics make strange bedfellows, Nevada’s Saturday Democratic caucuses are no exception.

Scalia's death could leave court deadlocked on contraceptives

By: Jerry Geisel

Published February 17, 2016 - 12:42pm CST

U.S. Supreme Court Justice Antonin Scalia's vote in the next case challenging the health care reform law had been expected to be pivotal.

ACA fee to reimburse health insurers expected to near goal

By: Jerry Geisel

Published February 16, 2016 - 11:45am CST

A health care reform law-created program that imposes a fee on self-funded employers and other health plan sponsors is expected to generate roughly enough revenue to partially reimburse insurers covering those with high health care costs in the individual market, federal regulators say.

Aetna gets Florida insurance regulator's approval for Humana deal

By: Thomson Reuters

Published February 16, 2016 - 9:43am CST

With it, Aetna has secured 10 of the 20 state approvals required in order for its acquisition of Humana to be given the green light.

Justice Scalia's death leaves health care cases in limbo

By: Lisa Schencker and Adam Rubenfire, Modern Healthcare

Published February 16, 2016 - 8:59am CST

The death of U.S. Supreme Court Justice Antonin Scalia, who famously said the Affordable Care Act should be called “SCOTUScare,” leaves in limbo a number of health care-related cases.

Gas utility company gets tentative OK to fund benefits through captive

By: Jerry Geisel

Published February 12, 2016 - 11:17am CST

Under the proposal by Laclede Gas Co., its captive insurer would be used to fund life insurance and long-term disability coverages.

California insurance regulators probing Zenefits

By: Thomson Reuters

Published February 12, 2016 - 9:36am CST

On the heels of the resignation of its chief executive, the software company is under investigation by the California Department of Insurance over questions about its business practices.

Centene still waiting for final Health Net approval in California

By: Bob Herman, Modern Healthcare

Published February 11, 2016 - 9:27am CST

Centene Corp. continues to fight for regulatory approval over its Health Net acquisition, and the insurer is banking on a March 1 closing date.

Sanders reaffirms single-payer stance after New Hampshire win

By: Shannon Muchmore, Modern Healthcare

Published February 10, 2016 - 2:18pm CST

In his victory speech last week, Sen. Bernie Sanders, I-Vt., said he would not scrap the current U.S. health care system while working toward his single-payer plan.

Obama proposes Cadillac tax, PBGC premium changes

By: Jerry Geisel

Published February 10, 2016 - 11:50am CST

The Obama administration has proposed amending the health care reform law's unpopular excise tax, but nothing short of a repeal will satisfy employer benefit trade groups.

California health exchange enrollments top previous year

By: Jerry Geisel

Published February 08, 2016 - 11:59am CST

California, which has the biggest state-run public health insurance exchange, says the number of people who selected a plan surged in the final days of the 2016 open season.

Employer group continues to press for full repeal of Cadillac tax

By: Jerry Geisel

Published February 05, 2016 - 12:52pm CST

While an Obama administration proposal to amend the health care reform law's so-called Cadillac tax is a step in the right direction, an employer benefits lobbying group says the tax should still be repealed.

Public health insurance exchange signups hit 12.7 million for 2016

By: Jerry Geisel

Published February 04, 2016 - 4:23pm CST

A flurry of signups during the last week of open enrollment helped boost the final tally.

Obama administration to propose changes to Cadillac tax

By: Jerry Geisel

Published February 04, 2016 - 9:33am CST

The Obama administration's upcoming 2017 federal budget proposal will include changes to the health care reform law's so-called Cadillac tax, administration officials disclosed Wednesday.

Captive experts urge regulators to clarify ExPro process

By: Jerry Geisel

Published February 03, 2016 - 2:50pm CST

Though three dozen employers have won approval to fund benefit risks through their captives, there's no simple way to navigate the process.

House vote falls short of overriding Obama's health reform veto

By: Jerry Geisel

Published February 03, 2016 - 9:36am CST

Republican leaders are undeterred by the outcome and say they will resume their battle against the Affordable Care Act once a new president is in the Oval Office.

Xerox HR Services president to depart

By: Sophie Baker, Pensions & Investments

Published February 02, 2016 - 4:22pm CST

Fraser Smart, who relocated to New York from London to take on the role two years ago, will be leaving the firm at the end of the month.

Treasury extends Central States application comment period again

By: Hazel Bradford, Pensions & Investments

Published February 02, 2016 - 4:08pm CST

The Treasury Department reopened for a second time the comment period for the benefit reduction application by the Teamsters Central States, Southeast & Southwest Areas Pension Fund, Rosemont, Illinois.

'Huge potential' for funding employee benefits risks through captives

By: Jerry Geisel

Published February 02, 2016 - 2:35pm CST

For certain lines, including group-term life and long-term disability, the cost savings can run 15%-25%.

Did health care policy play a role in the Iowa presidential caucus results?

By: Harris Meyer, Modern Healthcare

Published February 02, 2016 - 9:18am CST

It's unclear whether it affected the GOP caucus results, but some observers believe Sen. Sanders' support for single-payer health care helped him energize his supporters in the Democratic race.

The health insurance industry's identity crisis

By: Bob Herman, Modern Healthcare

Published February 01, 2016 - 9:40am CST

Almost six years into the Affordable Care Act and three open enrollments later, health insurers are still trying to figure out how to pivot beyond what was the core of their business for so long.

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