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Search Results for: Affordable Care Act

Chaney: Affordable Health Care Act for business not bad at all

The phase-in of the highly controversial Patient Protection and Affordable Care Act (ACA) continues in 2015 as businesses make plans to comply with the provisions of the act — or pay the consequences. “It is important for businesses to prepare for this upcoming change,” said Mississippi Insurance Commissioner Mike Chaney.  “I would suggest seeking assistance from a tax or financial ...

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UnitedHealthcare pulling out of ACA exchanges in Mississippi, other states

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By JACK WEATHERLY  UnitedHealthcare will depart the Mississippi insurance exchange at the end of the year, leaving the state with only two insurers, Insurance Commissioner Mike Chaney said Tuesday. That comes as part of the nation’s largest health insurer pullback from all but a few such markets mandated under the Affordable Care Act, also known as Obamacare. The pullout, which ...

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Largest health insurance provider pulling out of most ObamaCare markets

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UnitedHealth, the nation’s biggest health insurer, will cut its participation in public health insurance exchanges to only a handful of states next year after expanding to nearly three dozen for this year. CEO Stephen Hemsley said Tuesday that the company expects losses from its exchange business to total more than $1 billion for this year and last. He added that ...

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FOCUS ON HEALTHCARE — Reductions in federal programs could force some rural hospitals to close

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By BECKY GILLETTE Hospitals in Mississippi are facing daunting financial challenges today and in the years ahead. In addition to having high costs for uncompensated care linked to the state’s decision not to participate in the Affordable Care Act Medicaid expansion, there are numerous federal budget cuts to Medicaid and Medicare that are causing concern. One example is that hospitals saw ...

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Self-insurer group gets boost from Obamacare

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With the implementation of the Affordable Care Act — often referred to as Obamacare — membership is growing in the Mississippi Association of Self-Insurers. The association was founded in 1996 because at that time many associations in Mississippi were struggling to find workers compensation coverage. To name a few, the Mississippi Trucking Association, the Automobile Dealers Association, the Association of ...

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Board of Trustees extends contract for Delta State's president, Bill LaForge

The Board of Trustees of State Institutions of Higher Learning voted recently to extend the contract of Delta State University President William N. LaForge following a careful review of the university under his leadership. According to board minutes, members granted the extensions in a closed meeting on Feb. 17 to Jackson State University’s Carolyn Meyers, LaForge, and the University of ...

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ALAN TURNER: Cheryl Lee staying the career course

  It isn’t often that one meets someone who has spent an entire career working for a single firm.  Cheryl Lee is one of those rare folks. A member of Haddox Reid Eubank Betts in Jackson, Cheryl is in charge of Client Accounting Services for the firm, and she handles a variety of services for clients including tax and tax ...

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MURRAY HARBER: Business leaders discuss employer health, health care reform

E mployer health costs continue to rise year after year causing it to be larger line item and concern as the costs are affecting the bottom line. Health systems and providers are also seeing increase costs due to medical inflation and the requirement of the Patient Protection & Affordable Care Act (PPACA). All players in the US health system including ...

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Healthcare Marketplace to look much the same in 2015

Humana and Magnolia Health will stay the course in their Mississippi health insurance marketplace exchanges in the coming year. The only change is Magnolia’s request to add a pair of counties to its coverage area. Humana has applied to continue coverage in 40 of the state’s 82 counties, including the urban counties of Hinds, Rankin, Madison and DeSoto. Humana initially ...

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