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CFO and Empire BlueCross BlueShield Host Educational Webcast: The Cost of Reform: Offering Attractive Employee Benefits While Keeping Expenses in Check

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The Affordable Care Act is here to stay. This free educational webcast will answer your questions on the available options for health insurance benefits.

New York, NY (PRWEB) August 08, 2014

The rising costs of providing health care benefits are a major concern for Corporate CFOs and Human Resources executives. Yet companies need to continue to offer health care benefits in order to attract and retain the best talent. Join CFO and Empire BlueCross BlueShield on August 14, 2014 for a free, live webcast to learn about the best practices in benefits planning today.

Pressure to keep a tight rein on the rising costs of benefits has finance chiefs scrutinizing line items, especially when the item costs are so high—as in the case of health insurance. At the same time, according to Mercer’s 2013 National Survey of Employer-Sponsored Health Plans, employers are reluctant to remove insurance coverage as an employee benefit. Ninety-four percent of large companies say they intend to offer employer-sponsored health plans for the next five years, and 77% of small companies anticipate the same.

With the average cost of health insurance valued at around $10,000 per employee, finance chiefs are pressed to learn their current options, keeping an eye on the company’s bottom line and minimizing the impact on employees. This webcast will explore different coverage options and discuss how you and your organization can provide attractive employee benefits while controlling costs.

The webcast features Mary Beth Findlay, Editorial Director, Product Development, CFO Publishing, who will lead a panel discussion with top healthcare professionals; Patrick J. O’Keefe, Vice President and General Manager, Downstate New York Commercial Markets, Empire BlueCross BlueShield; and Joseph S. Kra, FSA, MMA, Partner, Health and Benefits, Mercer.

“In this post Affordable Care Act world, decisions companies make about the health care benefits they offer, or choose not to offer employees, may well determine the short and long-term viability of their entire business model. With stakes this high, top company leaders are rapidly becoming experts on government reform efforts, employee wellness strategies, new insurance delivery models and more, to ensure that benefit offerings align with operational, human resources and financial goals.”

For more information and to register go to, visit http://pages.cfo.com/Empire-BCBS---Cost-of-Reform_register_webcast.html. Attendees will have the opportunity to earn a (CPE) credit in connection with this Webcast.

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About CFO Publishing: CFO Publishing LLC, a portfolio company of Seguin Partners, is the leading business-to-business media brand focused on the information needs of senior finance executives. Delivering content through multiple channels including online, digital, mobile, and print, the business consists of CFO magazine, CFO.com, CFO Research Services, CFO Learning and CFO Conferences. CFO’s award-winning editorial content and loyal, influential audience make it a valued resource for its readers as well as an effective marketing partner for a wide range of blue-chip companies. CFO has long-standing relationships with nearly a million finance executives. Reported by PRWeb 15 hours ago.

Avanti Group Solutions Ltd announces high-level appointment

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Avanti Group Solutions Limited, a group of award-winning travel and health insurance companies based in Braintree, announced today the appointment of a new non-Executive Chairman.

Braintree, Essex (PRWEB UK) 8 August 2014

With immediate effect Des Benjamin, the President of the Institute of Customer Service and the former Chief Executive of Simplyhealth (who retired last year after 13 years), has taken the role at the group, which includes Avanti Insurance Ltd (over 50’s Travel Insurance) as well as Healthcare Partners Ltd (Private Medical and Life Insurance). He brings to the Avanti group a deep understanding of people focused businesses of scale and a wealth of knowledge in driving consistent world-class customer service.

Glen Smith, Group CEO commented on the appointment, “The Avanti group of companies has seen a huge increase in its client base over the past 12 months. Customer service has always been top of our agenda and we recently won two business awards, which testify our expertise in providing market leading service and support. Appointing Des was a natural step as he is a well-respected name in the industry in terms of both customer service and the development of businesses."

Des added, “I believe that good people, managed well, and combined with high quality products, are a winning combination. In my new role, I will help Glen and his team towards the next phase of success for his group of companies, working to define a new strategic path forward and then plan how to implement that well. The advantage of a non-executive Chairman role will be that I can add some insight that is independent of the day to day pressures of the business and I hope of great value to all the team." Reported by PRWeb 15 hours ago.

YourLifeSolution.com Offers 3 Step Plan to Utilize Healthcare Reform in Americans Favor

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YourLifeSolution.com is today publishing some free advice on what they believe is the best way to utilize healthcare reform in nearly all situations.

Chicago, IL (PRWEB) August 08, 2014

YourLifeSolution.com, a service that provides consumers instant online life insurance quotes, is today publishing some free advice on what they believe is the best way to utilize healthcare reform in nearly all situations. YourLifeSolution.com believes their plan will provide the most benefit-per-dollar to consumers. "Some people out there will tell consumers to just pay the small tax penalty and buy non-ACA approved health insurance. This is a terrible idea and basically deprives the insured of the consumer protections which are in the ACA bill. In most cases, the best option is a relatively high deductible bronze plan. Over the long haul this usually is an adequate stop-loss and very affordable simultaneously," said Eric Smith, the founder of YourLifeSolution.com.

YourLifeSolution.com's 3 Step Plan to Maximize the Value of The Affordable Care Act:· Individuals should generally buy a bronze plan, which is the minimum allowable coverage. Those with pre-existing conditions might see it as a good deal to pay a higher premium for a lower deductible, but the healthiest of applicants will generally be better off with high deductibles.

· The current tax-deductible contribution for families utilizing a health savings account is $6550. According to YourLifeSolution.com, it makes more sense in nearly all cases to put that money into an HSA every year and have it as a means to cover health expenses below the deductible. If a health condition arises in the future, the funds will already be more than ample to cover said deductible.

· Purchase critical illness insurance on the entire family. "Critical illness insurance pays a tax-free lump sum benefit upon being diagnosed with a given disease from a list of common chronic illnesses. By having critical illness insurance, a family will have more than enough to cover the deductible if someone is diagnosed with cancer or has a heart attack, and they will have additional funds to cover non-medical expenses," said Eric Smith.

Consumers seeking objective online information about life insurance are encouraged to visit YourLifeSolution.com, or call 888.374.2764. Reported by PRWeb 11 hours ago.

PwC: Colorado health insurance premiums will see 3.4 price increase next year

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Colorado insurance premiums may rise by 3.4 percent, with an average insurance premium of $411 a month, according to PricewaterhouseCoopers LLP's preliminary analysis of individual market rate filings. The analysis is a look at premium exchanges nearly one year after open enrollment under the Affordable Care Act became effective in Oct. 2013. PwC's Health Research Institute looked at insurance premiums for 27 states and the District of Columbia, and found nationally on average the rate increased… Reported by bizjournals 9 hours ago.

How the GOP's Medicaid Politics Are Hurting Rural Southerners: An Index of Harm

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This index was originally published by *Facing South*, a website of the Institute for Southern Studies.

Date on which Adam O'Neal, the Republican mayor of Belhaven, North Carolina, arrived in Washington, DC after walking 273 miles from his hometown to draw attention to the recent closure of his community's only hospital and to call for Medicaid expansion under the Affordable Care Act to prevent more such closures: *7/28/2014*

Date on which Belhaven's hospital, Vidant Pungo, closed after a failed effort by the town to take it over: *7/1/2014*

Number of days after the closure that a local resident died when she suffered a heart attack and had to wait an hour for a helicopter to take her to the nearest hospital: *4*

Amount in unpaid care Vidant Pungo had provided since 2011 to patients lacking health insurance: *more than $2 million*

Number of rural U.S. hospitals that have closed since last year alone: *22*

Number of those closures that were in states which blocked Medicaid expansion because of opposition from Republican governors and/or Republican-controlled legislatures: *20*

Number of rural hospitals that have closed in Alabama in the past three years: *10*

Number of rural hospitals that have closed in Georgia since 2000: *9*

Of the 13 states in the South, number that have refused to expand Medicaid to date: *10**

Percent of rural hospital revenues that come from the government-financed Medicaid and Medicare programs for low-income and elderly patients: *60 to 80*

Average percent loss that rural hospitals operate at because they treat higher rates of poor, uninsured and under-insured patients:* 8.3*

Percentage points higher that a University of North Carolina study found a community's unemployment rate was a few years after a rural hospital's closing, with one factor being industrial employers' reluctance to locate to an area without a hospital to treat workplace injuries: *1.6*

Amount by which the UNC study found per capita income fell, in current dollars, following a rural hospital's closure: *$1,000*

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The Urban Institute

Chart from "Who Are the Remaining Uninsured as of June 2014?" by The Urban Institute

Percentage points by which the portion of uninsured Southerners increased from September 2013 to June 2014 -- a time when other states were implementing or getting ready to implement Medicaid expansion: *8.4*

Number of other U.S. regions where the portion of uninsured residents increased over that same period: **

Rank of the South among U.S. regions with the highest rate of uninsured residents: *1*

Percent of Southerners who remained uninsured as of June 2014: *48.9*

Factor by which that exceeds the average percent of people lacking insurance in the other three U.S. regions: *almost 3*

Month in which the Florida Medical Association, a politically conservative trade association for the state's doctors, passed a resolution endorsing Medicaid expansion: *7/2014*

Number of Florida residents who would benefit from Medicaid expansion: *1 million*

Amount the refusal to expand Medicaid will cost in penalties to Florida employers because their lower income employees will be unable to get coverage: *$145.7 million to $218.6 million*

Figure spending by the National Federal of Independent Business (NFIB) for a recent ad campaign urging the Florida legislature to reject Medicaid expansion: *6*

Amount the NFIB, which gets funding from conservative groups affiliated with the billionaire Koch brothers and Republican strategist Karl Rove, spent in 2010 as the chief litigant in a lawsuit that unsuccessfully sought to challenge the Affordable Care Act: *$2.9 million*

Estimated number of Americans who will die every year as a result as a result of states' decision to reject Medicaid expansion: *between 7,115 and 17,104*

* Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Texas and Virginia have refused Medicaid expansion. The only Southern states that have approved expansion are Arkansas, Kentucky and West Virginia.

(Click on figure to go to source. Chart from "Who Are the Remaining Uninsured as of June 2014?" by The Urban Institute; for a larger version, click here.) Reported by The American Prospect 9 hours ago.

New Medicaid enrollments top 7 million under Obamacare

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WASHINGTON (Reuters) - More than seven million Americans have gained health coverage through government programs including Medicaid since enrollment in Obamacare health insurance was launched October 1, the U.S. administration said on Friday. Reported by Reuters 6 hours ago.

An English Lesson For Obamacare

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Chalk it up as a victory for the English language. That’s what happened several days ago when the D.C. Circuit Court of Appeals ruled in Halbig v. Burwell that “an exchange established by the State” means “an exchange established by the State.” Applied to ObamaCare, this simple ruling means the federal government cannot legally hand out subsidies to people who bought health insurance on Healthcare.gov. The text that proves this comes straight from the pages of the Affordable Care Act. Reported by Forbes.com 4 hours ago.

A Few Bold Members Of Congress Join Fight Against Long-Standing Anti-Abortion Policy

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Lawmakers who support abortion rights have long fought against policies that restrict women's access to the procedure, such as gestational limits, mandatory waiting periods and physical building requirements on clinics. But one federal anti-abortion policy has remained virtually untouchable for nearly four decades: the Hyde amendment.

The amendment, which prevents federal funds from being used to pay for abortion, has been passed as an attachment to federal budget bills since 1976. The legislation mainly prevents Medicaid recipients from receiving abortion coverage, except in cases of rape and incest or life endangerment, and it has been repeatedly approved by a bipartisan majority in Congress. Democrats often point to the policy as an assurance that no taxpayer funds are being used to pay for abortions, in response to the claim commonly made by anti-abortion activists.

Starting Monday, at least five Democratic members of Congress will participate in a national bus tour that seeks to repeal the Hyde amendment, as well as bans on abortion coverage in the state health insurance exchanges set up by the Affordable Care Act. The Be Bold Road Trip, organized by advocacy groups that represent low-income women, young women and women of color, kicks off in Los Angeles and will hit 12 cities as it travels 10,000 miles. Each stop will feature interactive activities, including a signature wall of support, a "selfie" booth and the reading of abortion stories.

The tour's objective is to build a grass-roots movement dedicated to lifting financial barriers to abortion for women who cannot afford it. The advocates argue that the Hyde amendment and abortion insurance coverage bans discriminate against low-income women and women of color -- particularly the 9 million reproductive-aged women enrolled in Medicaid -- because most private and employer-sponsored insurance plans cover abortion.

“It’s time to secure reproductive justice for all women and to stop the terrible injustice of the Hyde amendment,” said Stephanie Poggi, executive director of the National Network of Abortion Funds. “We will continue to stand united until every woman can make her own decision based on her own circumstances, no matter what her income is.”

The members of Congress who have agreed to participate so far include Reps. Mike Honda (D-Calif.), Barbara Lee (D-Calif.), Jan Schakowsky (D-Ill.), Louise Slaughter (D-N.Y.) and Jackie Speier (D-Calif.). They will join the bus tour for rallies in their home states. Reported by Huffington Post 5 hours ago.

Mass. Health Connector Won’t Adopt Troubled Federal Health Insurance Website

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Massachusetts has decided to revamp its beleaguered health website as opposed to joining the widely scrutinized federal health insurance website. Reported by Boston.com 5 hours ago.

Massachusetts will keep state-based health website

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Officials overseeing Massachusetts' hobbled health care exchange have decided the state should stick with its own software rather than switch over to the federal government's health insurance market. Reported by Miami Herald 4 hours ago.

Fitch: CA Insurance Hike Good for Hospitals, Insurers Uncertain

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NEW YORK--(BUSINESS WIRE)--The relatively small increase in premium rates for health insurance plans sold on California's insurance exchange plans could be positive for non-profit hospitals. However, the impact on insurers is uncertain as the rate increase is low in comparison to medical inflation and historical trends, according to Fitch Ratings. We expect the meager increases to attract more people to the plans and they suggest that other state plans will also have small rate increases. Calif Reported by Business Wire 3 hours ago.

Massachusetts to Replace Health Exchange With Privately Run System

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Massachusetts will replace its failed online health-insurance exchange with another from a private company rather than shifting to the federally run marketplace, a state health official said Friday. Reported by Wall Street Journal 2 hours ago.

GovBeat: Arkansas is the Best State in America

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Surveys show that most Americans disapprove of the Affordable Care Act and its mandate requiring adults to purchase health insurance. But despite the opposition, we’re complying with the law: The number of uninsured Americans is dropping precipitously. Reported by Washington Post 2 hours ago.

Susquehanna Health Safeguards Patient Health Information with New Privacy Program

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As one of the nation’s 20 Most Wired medical facilities, Susquehanna Health (SH) takes pride in technological strides while continuously working to protect the integrity of patient privacy. On August 4, SH implemented the FairWarning® Patient Privacy Monitoring Program as a method for detecting unauthorized use or inappropriate access of patient information.

Williamsport, PA (PRWEB) August 08, 2014

As one of the nation’s 20 Most Wired medical facilities, Susquehanna Health (SH) takes pride in technological strides while continuously working to protect the integrity of patient privacy. On August 4, SH implemented the FairWarning® Patient Privacy Monitoring Program as a method for detecting unauthorized use or inappropriate access of patient information.

The migration of many healthcare organizations from paper to electronic medical records offers convenience and continuity of care, yet it comes with the cost of due diligence in the protection of patient privacy. Across the nation, healthcare organizations, both large and small, regularly deal with the realities of data breaches, which place patients at greater risk for identity theft.

In March 2013, the U.S. Department of Health and Human Services enacted the final Omnibus Rule to increase privacy, security and enforcement measures under the Health Insurance Portability and Accountability Act (HIPAA), the Health Information Technology for Economic and Clinical Health Act (HITECH) and the Genetic Information Nondiscrimination Act (GINA). The Omnibus Rule strengths protections for patient privacy as well as the government’s ability to enforce the law. Organizations were required to comply by September 23, 2013.

“FairWarning is a proactive system that monitors the access of our patients’ personal and health information across Susquehanna Health’s patient data systems,” explained HIPAA/Privacy Officer Tara McKibben. “This monitoring system is programmed to automatically alert designated individuals about suspected inappropriate access of patient information, then prompts the privacy officer to conduct a thorough investigation of the suspected access.”

Inappropriate access or unauthorized use can include instances such as when an individual accesses their own medical records or those of family members, co-workers or community figures. The FairWarning system assists designated leaders in upholding privacy program compliance by preventing protected health information (PHI) from being accessed for reasons outside legitimate business practices.

“Our patients’ health information is extremely sensitive and they trust in our healthcare providers to protect that information,” McKibben said. “Susquehanna Health is taking proactive measures to do our utmost to ensure patient privacy and provide the highest level of care.”

For more information on Susquehanna Health’s Privacy Practices, visit SusquehannaHealth.org.

About Susquehanna Health
Susquehanna Health is a four-hospital integrated health system including Divine Providence Hospital, Muncy Valley Hospital, Soldiers + Sailors Memorial Hospital and Williamsport Regional Medical Center located in North Central Pennsylvania. Serving patients from an 11-county region, Susquehanna Health is a healthcare leader and has been recognized at the national and state levels for quality of care. Susquehanna Health offers a wide array of services that include cancer care, heart and vascular care/heart surgery, neurosciences including neurosurgery, orthopedics, urology, OB/GYN, gastrointestinal services, behavioral health, physical rehabilitation, home care, long term care, assisted living and paramedic/ambulance services. Reported by PRWeb 2 hours ago.

Gov. Rick Scott affirms support for Medicaid expansion but sticks to pro-business principles on health policy

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In an interview with the Herald/Times, Gov. Rick Scott reaffirmed his support for Florida taking federal money to provide health insurance for up to 1 million poor Floridians. Reported by Miami Herald 22 hours ago.

Oracle sues Oregon in health-insurance exchange fiasco

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Oracle is suing Oregon in a continuing fiasco over the state's health insurance exchange, saying Oregon is continuing to use the technology company's software despite $23 million in disputed bills. Reported by San Jose Mercury News 21 hours ago.

Oracle Sues Oregon Over Health Insurance Exchange

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Oracle Corp. sues Oregon over health insurance exchange, alleging breach of contract Reported by ABCNews.com 21 hours ago.

Oracle sues Oregon over health exchange fiasco

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SALEM, Ore. (AP) — Oracle Corp. is suing Oregon in a continuing fiasco over the state’s health insurance exchange, saying Oregon is continuing to use the technology company’s software despite $23 million in disputed bills. Reported by Seattle Times 20 hours ago.

Oracle Sues Oregon Over Health-Insurance Exchange

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Oracle Corp. sued the state of Oregon in a fight over the state's health-insurance exchange, saying government officials are using the technology company's software despite $23 million in disputed bills. Reported by Wall Street Journal 20 hours ago.

Seen At 11: Identity Thieves May Be After Your Health Insurance

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In the wrong hands your insurance card is worth a fortune. It's actually the largest target of identity thieves who want it to obtain free health care. Reported by CBS 2 18 hours ago.
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