Quotebroker jointly hosting Santa Clarita Chamber of Commerce's "2016 ACA Regulation and Employment Law Update"

On October 14, 2015 Quotebroker is proud to co-host the Santa Clarita Chamber's 2016 update on ACA regulations and employment law.  Together with Brian Koegle of Poole and Shaffery, LLP and Matteo Dinolfo, MD, medical director at UCLA Health, Quotebroker will present: The latest ACA regulations, administrative guidelines and penalties Healthcare system reforms 2015/16 employment law update, including minimum wage changes and potential effects on...

A deeper look at CoveredCA's 2016 rate increase with the California HealthCare Foundation Center for Health Reporting's Emily Bazar

Last month Quotebroker collaborated with Emily Bazar, columnist and senior writer for the California HealthCare Foundation Center for Health Reporting, to look deeper into CoveredCa's 2016 rate adjustment announcement. CoveredCA's focus was on a relatively modest weighted rate increase of only 4.0%.  However, Emily and I dug deeper into the proposed benefit summaries to unearth some important changes that helped CoveredCA keep the 2016 rates in check....

CoveredCA releases new health insurance plan rates for 2016 Open Enrollment period

CoveredCA, California's state-based health insurance exchange, has today released their 2016 rates and carriers.  We're still poring over the details but here are a few quick reactions: Two new carriers will enter the market- UnitedHealthcare and Oscar Health The weighted rate increase is a moderate 4% 2016 increases are less than the corresponding increases for 2015 Plan benefits have been reduced in many facets of coverage...

Benefit Breakdown: Media coverage of CoveredCA rate release buries lede as 2016 plans offer decreased benefits

Yesterday CoveredCA released their 2016 rates and carriers and generally received a favorable reception from media outlets: https://twitter.com/chadterhune/status/625769288054407168 https://twitter.com/healthaccess/status/625730344017203201 ...and from themselves, as well: https://twitter.com/CoveredCA/status/625733572498956288 CoveredCA deserves praise for keeping the weighted average rate increase to a reasonable 4%. However, what the media and CoveredCA themselves miss in their coverage is that the 2016 Standard Benefit Plan Design has changed from the 2015 offering, and...

Obamacare enrollment numbers are in- but what do they mean?

Obamacare enrollment numbers are in- but what do they mean? The Obama administration has released a report detailing the enrollment numbers from the first enrollment period.  Note that these numbers are still incomplete, as final enrollments were still trickling in from the two week grace period given to consumers who had difficulty enrolling before March 31, 2014.  The big number that has been bandied about...