New Jersey Enacts Individual Health Mandate
New Jersey Enacts Individual Health Mandate A new law entitled the “New Jersey Health Insurance Market Preservation Act” was signed by Governor Phil Murphy on May 30, 2018 to reestablish the recently repealed “shared responsibility tax”. The law, which will take...
NYS 2019 Rate Requests
NYS 2019 Rate Requests Last Friday, June 1, 2018, the NYS 2019 Rate Requests filings were released. Great news for SMB! The total weighted average increases were a modest 7.5% small groups but 24% for the individual market. This early filing request deadline...
Breaking: Trump Announces New Rx Program
President Trump announced earlier today a new pharmacy cost reduction program, “American Patients First”. The program aims to provide new tools to Medicare to negotiate lower prices, stop limiting pharmacists from helping patients save money and speed up approval of over-the-counter medicines so that fewer will require prescriptions.
Cadillac Tax Delayed Two Years
Cadillac Tax Delayed Two Years We received the following communique from the Council of Insurance Agents & Brokers (CIAB) a delay in the Cadillac Tax for two years as a result of the passage earlier today in the US Senate of the continuing resolution (CR) to fund...