NEWS
May 4, 2012 | By Ricardo Alonso-Zaldivar
WASHINGTON - Medicare's payment system, the unseen but vital network that handles 100 million monthly claims, could freeze up if President Obama's health care law is summarily overturned, the administration has quietly informed the courts. Although Obama's overhaul made significant cuts to providers and improved prescription and preventive benefits, Medicare was overlooked in Supreme Court arguments that focused on the law's controversial requirement that individuals carry health insurance.
NEWS
May 3, 2012 | Ricardo Alonso-Zaldivar, Associated Press
The Obama administration has quietly told the courts that tossing out the president's health care overhaul would have major unintended consequences for Medicare's payment systems, which handle 100 million monthly claims from hospitals and other providers. In papers filed with the Supreme Court, administration lawyers have warned of "extraordinary disruption" if Medicare is forced to unwind countless transactions based on payment changes required by the Affordable Care Act. Last year, the Justice Department told a lower court that reversing the Medicare...
NEWS
May 2, 2012 | By Glen Johnson
Democrat Elizabeth Warren said Tuesday that "it is wrong" that Senator Scott Brown has voted to block and repeal President Obama's health care overhaul while he continues to insure his nearly 24-year-old daughter through an extended-coverage provision in the law. Warren raised the topic, first reported in Tuesday's Globe, as she addressed the AFL-CIO's Building and Construction Trades Department in Washington. "We now live in a world in which America's middle class is getting hammered on health care costs," Warren says in a video snippet placed...
NEWS
May 1, 2012 | By Glen Johnson
Senator Scott Brown, who won office vowing to be the 41st vote to block President Obama's health care law and who has since voted three times to repeal it, acknowledged Monday that he takes advantage of it to keep his elder daughter on his congressional health insurance plan. "Of course I do," the Massachusetts Republican told the Globe. Brown is insuring his daughter Ayla, a professional singer who is 23 years old, under a widely popular provision of the law requiring that family plans cover children up to age 26. Brown said the extended use of his...
NEWS
April 27, 2012 | By Callum Borchers
Massachusetts health insurance companies will pay $45 million in rebates to health insurance customers and employers after failing last year to devote enough money to claims and quality improvement, according to a study of preliminary filings published Thursday by the Henry J. Kaiser Family Foundation. Some 38,722 people who are individually insured will get average rebates of $148.61, the foundation estimated. But the bulk of the rebate money will go to to businesses with group health care plans, rather than to individuals, it found.
BUSINESS
April 26, 2012 | Ricardo Alonso-Zaldivar, Associated Press
Insurance companies will have to return more than $1 billion this year to consumers and businesses, thanks to a new requirement in President Barack Obama's health care overhaul, a report released Thursday concludes. That's real money, says Larry Levitt of the Kaiser Family Foundation, which analyzed industry filings with state insurance commissioners. The law requires insurers to spend at least 80 percent of the premiums they collect on medical care and quality improvements — or issue rebates to policyholders.