Navigation Links
Feds Outline Rules for States' Insurance Exchanges

FRIDAY, Aug. 12 (HealthDay News) -- The U.S. Department of Health and Human Services (HHS) and the U.S. Treasury Department today awarded $185 million to 13 states and the District of Columbia to speed up creation of Affordable Insurance Exchanges -- a cornerstone of President Obama's health care reform -- across the country.

The agencies also proposed three rules for administering the plan, which will include tax relief to give families and small businesses "the same kind of insurance choices as members of Congress," the HHS said in a news release Friday.

"Today, we're laying the foundation to provide tax incentives to help working families purchase health insurance," Treasury Secretary Tim Geithner said in the news release. "This new tax credit brings us a big step closer to achieving one of the signature goals of the Affordable Care Act -- to provide tens of millions of Americans with access to affordable health insurance coverage."

Already, more than half the states have begun establishing exchanges, the agencies said. The new grants will accelerate their development, and more funds will be awarded in coming months.

The Affordable Care Act of 2010 requires states to have the exchanges -- essentially one-stop insurance shopping sites for consumers and small businesses -- in place by 2014. The HHS sent letters to governors Friday outlining procedures and resources for pushing the project along.

Treasury and HHS said the three proposed rules for administering the plan call for:

  • Easy Access to Coverage for Consumers and Small Businesses: Tax credits and cost-sharing reductions should simplify consumers' enrollment in high-quality health plans. Small employers who take advantage of the Small Business Health Options Program will receive tax credits, enabling them to offer their employees a choice of health plans.
  • Health Insurance Premium Tax Credit: Tax credits for single people and families will help millions of middle-class Americans gain access to health insurance coverage.
  • Medicaid Eligibility: To reduce the administrative burden on states and make enrollment "seamless" for those who qualify, eligibility will be coordinated with Medicaid and the Children's Health Insurance Program.

"Too many American families have been priced out or locked out of the health insurance market. Exchanges will give them control and could save them thousands of dollars a year," said HHS Secretary Kathleen Sebelius. "I am encouraged by the progress states have made to date and am excited to give them more resources to continue their work."

Some health-policy experts argued that the plan is unwieldy and costly.

"HHS keeps dipping into its ObamaCare slush funds even as states are sending the money back . . . and continues to claim that ObamaCare will save money, when every non-partisan expert attests that its taxes and mandates are already increasing premiums and will reduce jobs," said Michael F. Cannon, director of health policy studies at the Cato Institute in Washington, D.C., a free-market/libertarian think tank.

"Have they learned nothing from the recession or the debt crisis?" added Cannon, who said that the "'streamlined' ObamaCare rules . . . run more than 1,000 pages" in length.

More information

To learn about women and the Affordable Care Act, visit the U.S. Department of Health and Human Services.

-- Margaret Steele

SOURCES: Michael F. Cannon, director, health policy studies, Cato Institute, Washington, D.C.; U.S. Department of Health and Human Services, news release, Aug. 12, 2011

Copyright©2010 ScoutNews,LLC.
All rights reserved  

Related medicine news :

1. Ways to Curb Childhood Obesity Outlined in U.S. Report
2. Report outlines successes, challenges in cancer prevention efforts
3. Researchers Outline Key Risk Factors for Glaucoma
4. As Americas senior population grows, meeting to outline effective education about aging
5. Researchers develop outline that may help weigh benefits of new imaging technologies
6. Researchers develop outline that may help weigh benefits of new imaging technologies
7. Report outlines knowledge gaps for 20 suspected carcinogens
8. Internists outline comprehensive federal strategy to control tobacco use
9. HealthMETRICS Partners, Inc. Article in AJMC Outlines Innovative Approach to Combat Rising Healthcare Costs
10. Team outlines 21st century roadmap to make America the healthiest nation in the world
11. Allsup Outlines Quick-Processing Methods for Social Security Disability Claims
Post Your Comments:
Related Image:
Feds Outline Rules for States' Insurance Exchanges
(Date:6/26/2016)... ... June 26, 2016 , ... PawPaws brand pet supplements ... that was developed to enhance the health of felines. The formula is all-natural and ... main herbs in the PawPaws Cat Kidney Support Supplement Soft Chews are ...
(Date:6/25/2016)... ... June 25, 2016 , ... Austin residents seeking Mohs surgery services, ... Mohs Surgery and to Dr. Russell Peckham for medical and surgical dermatology. , Dr. ... skin cancer. The selective fellowship in Mohs Micrographic Surgery completed by Dr. Dorsey was ...
(Date:6/25/2016)... ... June 25, 2016 , ... As a lifelong Southern ... Laude and his M.D from the David Geffen School of Medicine at UCLA. He ... Los Angeles to complete his fellowship in hematology/oncology at the UCLA-Olive View-Cedars Sinai program ...
(Date:6/24/2016)... ... 2016 , ... A recent article published June 14 on E ... goes on to state that individuals are now more comfortable seeking to undergo not ... as calf and cheek reduction. The Los Angeles area medical group, Beverly Hills Physicians ...
(Date:6/24/2016)... ... June 24, 2016 , ... ... Scientific Sessions in Dallas that it will receive two significant new grants to ... came as PHA marked its 25th anniversary by recognizing patients, medical professionals and ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... , June 24, 2016 Research and ... Market for Companion Diagnostic Tests" report to their offering. ... for Companion Diagnostics The World Market for ... personalized medicine diagnostics. Market analysis in the report includes the ... Market (In Vitro Diagnostic Kits) by Region (N. America, EU, ...
(Date:6/24/2016)... Belgium , June 24, 2016 ... today announced the appointment of Dr. Edward ... as a Non-Executive Director, effective June 23, 2016.Dr. ... Compensation and Nominations and Governance Committees.  As a ... will provide independent expertise and strategic counsel to ...
(Date:6/23/2016)... 23, 2016 Research and Markets has ... - Forecast to 2022" report to their offering. ... for the patients with kidney failure, it replaces the function ... the patient,s blood and thus the treatment helps to keep ... in balance. Increasing number of ESRD patients ...
Breaking Medicine Technology: