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Tag Archives: insurance

BLAKE ADAMS — Practice pitfalls: Minor mistakes in Medicare enrollment can lead to major consequences for health-care providers

For the vast majority of health-care providers in Mississippi, Medicare reimbursement is an essential component of any practitioner’s or institution’s revenue stream. But let’s face it — no one likes dealing with Medicare enrollment forms. The byzantine paperwork and forms required to participate in the Medicare program (each identified by a jumble of letters and numbers such as the CMS-855A, ...

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Magnolia Health to expand exchange coverage to all 82 counties

By JACK WEATHERLY Magnolia Health Care will offer insurance in all 82 of Mississippi’s counties through the federal insurance exchange starting Jan. 1, state Health Commissioner Mike Chaney said Thursday. The news comes as UnitedHealthcare will pull out from the exchange at the end of the year. The insurer, which had expanded its coverage to all counties this year, announced its ...

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Feds, state still in talks about exchange insurer replacement

By JACK WEATHERLY  As of Monday, the federal government had not certified another health insurer for the Mississippi insurance exchange, state Insurance Commissioner Mike Chaney said. The months-long effort to gain certification of the insurer is facing increasing pressure as UnitedHealthcare will pull its coverage from the exchange at the end of the year. Chaney said in an interview that ...

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State approves rate jump for 1 of 2 health exchange insurers

Mississippi’s insurance commissioner has approved a rate increase of 43 percent, on average, for one of two health insurers selling policies on the health exchange created under the federal health care overhaul. Commissioner Mike Chaney said Thursday he approved the increase, beginning Jan. 1, for Kentucky-based Humana because actuaries project a sharp increase in costs and he feared Humana would ...

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West Point woman arraigned on insurance, wire fraud charges

Attorney General Jim Hood says a 27-year-old West Point woman faces charges of insurance fraud and wire fraud. Hood said in a news release Tuesday Georgenna Edwards was indicted in April by a Clay County grand jury on one count of insurance fraud and one count of wire fraud. She was formally charged Monday. The indictment alleges that Edwards submitted ...

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2 hospitals to sue state over Medicaid reimbursements

PASGACOULA — Two health care systems plan to sue the Mississippi Division of Medicaid over what they describe as a flaw in the state’s funding formula for Medicaid. In a news release Wednesday, Memorial Hospital at Gulfport and Singing River Health System assert the payment formula used to reimburse community hospitals for care provided to the uninsured and Medicaid beneficiaries ...

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Not all businesses aware of new OSHA requirements

By BECKY GILLETTE Even with penalties of up to $7,000 for failure to report serious workplace injuries, a report by OSHA estimates that only about 50 percent of severe injuries in the U.S. are being reported within the required period. The revised rule that went into effect in January 2015 didn’t change previous requirements to report all work-related fatalities within ...

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American Staffing Association forms state council

By LISA MONTI Staffing firms around Mississippi employed an average of 26,646 temporary and contract workers per week in 2015, and those workers earned an average of $30,909. During 2013, the state’s staffing firms had total sales of $1 billion. Now a new staffing and recruiting organization has been formed in the state that aims to inform Mississippians about job opportunities ...

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Largest health insurance provider pulling out of most ObamaCare markets

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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Small business insurance starts with the basics

By LISA MONTI Most small businesses should have at least four basic types of insurance, according to the Insurance Information Institute industry group. Owners need property, liability, business vehicle and workers compensation insurance to protect them from a variety of circumstances. For small businesses, Insurance Information Institute (III) said that property insurance compensates losses or damage to the property used in ...

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