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CMS Issues Final Round Of Health Plan Waivers
Health insurance policies covering about 3.3 million people may temporarily continue under the final round of CMS waivers for employer-sponsored plans that do not meet provisions of the 2010 healthcare law.
The waivers apply to health insurance policies—mostly for mini-med plans—offered to the workers of 1,231 employers.
The waiver policy, meant as a transition to the implementation of policies in 2014 that effectively will ban most mini-med policies, started in September 2010 offering one-year waivers from the coverage policies. The waivers cover plans that fall short of federal rules created by the Patient Protection and Affordable Care Act (PPACA), which set a minimum annual dollar limit on essential benefits that healthcare plans must provide in 2011, 2012 and 2013. The minimum limit is $750,000 in 2011, $1.25 million in 2012 and $2 million in 2013.
Read more at: http://tinyurl.com/8yb7zrs
Source: Modern Healthcare
Hospitals Report Declining Cash Reserves, Increasing Reimbursement Delays and Denials
December 1st 2023A new report highlighting the twin pressures hospitals have faced over the last 18 months shows that as reimbursement delays and denials increased and cash and investments decreased, operating expenses have risen sharply.
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