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EIC New Office Hours for Sept. ’16

Evansville Insurance Center has changed office hours for the month of September only this year.

In order to allow enough time each day to prepare for the upcoming Medicare open enrollment period, EIC will be closed daily from 11 am to 1pm for lunch and time to handle normal matters.

EIC is thankful for the tri-state’s trust, and will continue to open at 8:30 am and close at 5:30 pm, Monday thru Friday.

KY Has Cool Solution to ACA Expansion

Kentucky is awesome! They are taking charge! While it does need HHS final approval- Congratulations to Governor Matt Bevin and the people of Kentucky! You’re on foot for a sound solution for the people of Kentucky!!

“Under Bevin’s proposal, individuals within 138 percent of the federal poverty level would remain eligible for Medicaid, receiving the same insurance coverage as state employees. Enrollees could also earn additional coverage, such as dental or vision coverage, through a rewards program that would award volunteering or taking steps to better one’s health.

“Eligible enrollees between 34 percent and 138 percent of the federal poverty level would also be required to pay some premiums, for some people as little as $1 per month, to encourage enrollees to be involved in their own health coverage…

“The proposal also clarifies that children, pregnant women, medically frail people and adults eligible for Medicaid before expansion won’t see their benefits change, and that full-time students and people working more than 20 hours per week meet the the community engagement and employment requirements laid out in the proposal.”

Source: Morning Consult.  Click https://morningconsult.com/alert/kentucky-governor-submits-medicaid-expansion-waiver-hhs/ for more details.

Aetna Cuts Back on ACA

Next year, beginning on 1/1/2017, Aetna is cutting back on  the number of states it will offer Affordable Care Act (ACA) plans for families and individuals. It will cut back from from 15 states to 4.

Aetna will sell on-exchange policies in Delaware, Iowa, Nebraska and Virginia.  And the ACA plans will be available in 242 counties, down from 778 this year.

“As a strong supporter of public exchanges as a means to meet the needs of the uninsured, we regret having to make this decision,” Aetna CEO Mark Bertolini said in a statement. But, he argued, “providing affordable, high-quality healthcare options to consumers is not possible without a balanced risk pool.”  Aetna has lost more than $300 million on the exchanges so far in 2016.  Source:  Modern Healthcare.

Indiana Tops The Charts

 

“Indiana’s unemployment rate fell from 5 percent to 4.8 percent from May, which marks a 3.6 percent drop since January 2013, according to Indiana Department of Workforce Development numbers. The number of unemployed people in Indiana dropped by 5,118 over the month.

“Overall, Indiana is doing better than the national average in several key economic areas.

“The state’s labor force participation rate—the number of people either with jobs or actively seeking employment—is also higher at 65.4 percent compared to 62.7 percent nationwide. The state’s 13.7 percent private sector employment growth rate has surpassed the nations by 0.9 percent.

“The state has experienced 12 straight months of private sector job growth, according to Pence’s press secretary Kara Brooks. That continued growth has led to 2,641,000 private sector jobs in total, according to Brooks. Additionally, unemployment insurance claims are at their lowest point since 1987.”  Source: NFIB.

 

 

Aetna Says No ACA Expansion

This is very significant.

“Aetna announced Tuesday an about-face on plans to expand its presence on public healthcare exchanges. It is also re-evaluating its participation on the 15 state exchanges where it offers insurance, the company said…

“’While we are pleased with our overall results, in light of updated 2016 projections for our individual products and the significant structural challenges facing the public exchanges, we intend to withdraw all of our 2017 public exchange expansion plans, and are undertaking a complete evaluation of future participation in our current 15-state footprint,’ Aetna CEO Mark Bertolini said in a statement.”  Source: Modern Healthcare.

CDC Gives $67M for Rx Resistance

“The Centers for Disease Control and Prevention (CDC) said on Jun 27 it would provide $67 million to health departments across the country to help them detect and identify antibiotic-resistant bacteria more quickly. The money will be distributed to health departments in all 50 states and Puerto Rico, and to local health departments in six major metropolitan areas (New York City, Chicago, Houston, the District of Columbia, Los Angeles County, and Philadelphia).

“With the money, state health departments will be able to test for multidrug-resistant ‘superbugs’…”   Source: University of Minnesota publication.