A new report from consumer health care advocacy group Families USA crunched the numbers, state by state. They found that almost 83,000 Rhode Islanders will be eligible for something called the "premium tax credit" in 2014. Families USA, by the way, calls itself nonpartisan, although some say the organization is biased because of its clear support for the Affordable Care Act.
Rhode Island health insurers have filed their requests for increases in premium rates next year. Some small businesses and individuals could see some significant hikes.
Small businesses could see their plan rates drop as much as 20 percent or spike as much as 40 percent. But the average Blue Cross increase is expected to be about 15 percent. Tufts asked for about 13 percent.
Rhode Island is beginning a public effort to develop a statewide plan to improve the way we pay for health care. Lt. Governor Elizabeth Roberts is leading the effort.
With a $1.6 million dollar grant from the federal Center for Medicare and Medicaid Innovation, Roberts launched the six-month planning initiative. A series of public meetings will gather input from experts and community members. Roberts says she wants a plan to help health care providers and insurers move away from payments for a particular treatment or service toward paying for improved health.
You may have seen some headlines about a new report from the Society of Actuaries (the super-smart, nerdy folks who figure out how much risk, say, an insurance company can afford to take on), decrying the near-certain rise in the cost of health insurance for newly insured folks under the Affordable Care Act.
The state’s largest hospital system is facing some unanticipated budget shortfalls. Lifespan isn’t saying yet whether the fix will include layoffs.
Lifespan released a statement saying it had asked employees and physicians to review their budgets and look for ways to trim expenses. No word yet on what immediate steps the organization might take to stem the financial losses - but Lifespan says they won’t compromise patient care and that they’ll "work hard to minimize the impact on...employees."
Under the Affordable Care Act, health insurers will be able to charge smokers up to 50% more than non-smokers for health insurance. Fair or not, a Politico article points out how difficult that policy might be to enforce - and not simply because smokers could lie. For instance:
The Affordable Care Act (ACA) is one of the biggest things to hit health care in decades. And you might already have started to feel its effects on your own health care - from no-cost preventative services to the ability to keep kids on your health insurance plan longer.
Rhode Islanders’ health insurance rates will be rising again in 2013. One reason is an unexpected dip in actual medical costs.
Rhode Island’s health insurance commissioner recently approved rate increases for Blue Cross Blue Shield and Tufts. For Blue Cross, those increases will be an average of about 3.7% for small group plans and 7.9% for large groups. The state’s biggest insurer had initially applied for a much lower increase. But Blue Cross vice president of legal services Monica Neronha says that was based on what they paid out for members in 2011.