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Sahuarita, Arizona 85629

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Three Major Health Insurors To Continue Popular Provisions of Healthcare Reform – No Matter What Supreme Court Decides No matter what the Supreme Court decides, at least three major insurers promise to continue following some of the more popular rules in the federal health law that are already in effect. The announcements were made as

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Organizations Benefiting Children With Special Health Care Needs Receive $4.9m Non-profit organizations run by and for families with children with special health care needs will receive $4.9 million in Affordable Care Act funding. Health and Human Services Secretary Kathleen Sebelius says the money was given to centers that provide information to families in need of

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From Kaiser Family Foundation – Consumers and businesses are expected to receive an estimated $1.3 billion by this August in rebates from health insurers who spent more on administrative expenses and profits than allowed by the Affordable Care Act (ACA), finds a new analysis from the Kaiser Family Foundation of the latest estimates provided by

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NovaRest Works To Improve Puerto Rico’s Rate Review Process NovaRest, Inc. is looking in the self-insured market for the U.S. Centers for Medicare and Medicaid Services (CMS). NovaRest has been asked to help CMS look at what company size and stop loss levels that are appropriate for the self-insured market. Self-insurance is a plan offered

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Federal Government Claims Healthcare Reform Will Save $4.6B The Obama Administration says new health care law provisions cut red tape and could save up to $4.6 billion. Department of Health and Human Services (HHS) Secretary Kathleen Sebelius says a proposed rule would establish a unique health plan identifier under the Health Insurance Portability and Accountability

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Small Businesses Can Expect Big Changes From Affordable Care Act This may come as no surprise to many business owners, but the Patient Protection and Affordable Care Act (PPACA) will likely have significant effects on small businesses, according to the Kaiser Family Foundation. It will also impact employees and their families. Currently, just 57% of

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NovaRest, Inc. continues to make great strides in efforts to assist states with their insurance rate review process. In Illinois, NovaRest is currently reviewing the rates of individual and small group insurance companies that have increased rates by more than 10%. Starting September 1, 2011, insurers seeking rate increases of 10 percent or more for

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Spending estimates for insurance subsidies under the Patient Protection and Affordable Care Act increased $111 billion from a year ago. The Republican chairman of the U.S. House tax-writing committee questioned the increase. President Obama’s fiscal 2013 budget request projected that subsidies for low-income and working-class families would total $478 billion through 2021. Last year, the

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On March 1, 2012 Wayne Novak attended the Health Insurance Exchange Plan Management Forum meeting at the National Association of Insurance Commissioner (NAIC) meeting in New Orleans, LA. The meeting covered many topics on how states can use the NAIC’s System for Electronic Rate and Form Filing (SERFF) to assist in the setup of exchanges.

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NovaRest’s Donna Novak and Wayne Novak returned this week from the National Association of Insurance Commissioners Spring 2012 National Meeting in New Orleans, LA. Highlights of the 4 day conference included updates on the Patient Protection and Affordable Care Act including meetings with the Health Actuarial Task Force. During a forum on health care exchanges,

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