An estimated 9 million Americans could receive rebates from their health insurers in 2012. Will you be one of them?
The 2010 Affordable Care Act protects consumers by requiring health insurance companies to spend between 80-85 percent of your premium dollar on medical care or improvements, instead of on advertising or executive salaries. The term used for this rule is “medical loss ratio,” and it protects consumers from insurers who increase prices without good reason or justification.
Two new regulations handed down by the Environmental Protection Agency will have a significant impact on the energy industry in 2012 – and beyond.
The Clean Air Act is already one of the most successful public health programs in American history, with a return of more than $30 in benefits for every dollar invested in pollution reductions. In 2010 alone the program prevented an esti¬mated 160,000 cases of premature mortality, 130,000 heart attacks, 86,000 hospital visits, 13 million lost work days, and approximately 1.7 million asthma attacks.
A bill under consideration in Lincoln will help make health insurance more affordable for Nebraska’s middle class and self employed families. The legislation will create an online marketplace with quality coverage, where consumers can compare options and make their own health insurance choices.
If set up right, the new health insurance marketplaces will be able to organize individuals and small businesses into larger groups that are able to negotiate for better deals.
State legislators face an important decision in implementing the Affordable Care Act. Will they set up the new state-based insurance marketplaces to bring consumers together to negotiate with insurance companies for a better deal – or will they elect not to.
Montana is a beautiful state that provides its citizens with a wonderful quality of life in many different areas. However, we lag behind nearly every other state in protecting our consumers, especially when it comes to health insurance.