The Colorado House of Representatives rejected a proposal yesterday that would have made it possible for Colorado residents to buy health insurance from out-of-state carriers not licensed in Colorado. The vote was close, but failed 6-5 in the committee meeting. I think that the state-by-state system of health insurance in this country is ridiculous, considering… Read more about No Out Of State Health Insurance For Colorado Residents
The House voted last week to require health insurance companies to provide equal coverage for mental and physical health on policies that cover both types of illness. This is heralded as a big step forward by mental health advocates, but it will also place a strain on health insurance carriers, policy-holders who pay their own… Read more about Mental Health Coverage on Health Insurance Policies
When Jay had an MRI on his knee last month, we were charged $1200. The EOB tells us that the Vail Valley Medical Center in Vail, Colorado, charges $1600 for the procedure. Our Humana health insurance has a negotiated rate of $1200, which is what we paid (we hadn’t met the deductible yet, so we… Read more about More Transparency For Network Negotiated Prices
I just read a post by ForHealth about infertility treatment and individual health insurance. Her experience is one we’ve seen with some clients over the years. She went through fertility treatment – Clomid, in this case – which was unsuccessful. Three years later, she applied for an individual health insurance policy and was declined. The… Read more about Health Insurance After Infertility Treatment
Jay and I are in Vail, Colorado this week, getting his knee fixed at the Steadman|Hawkins clinic at Vail Valley Medical Center. The surgery on Monday went great – far better than we had expected. His physical therapy is going very well too – they’re seeing him twice a day this week and I’m going… Read more about HSAs Only Help If You Fund Them
The Colorado Blue Ribbon Commission for Health Care Reform is moving closer to its goal of overhauling the Colorado health care system. On Thursday, the members of the commission presented a 101 page draft of their final recommendations on changes that need to be made to the ailing health care system in the state. The… Read more about Another Step Forward for the Blue Ribbon Commission
Ten years ago, it was very rare to hear of someone incurring a medical bill that topped $1 million. Twenty years ago, it was almost unheard of. But today, although it’s still not that common, it doesn’t surprise most people when they hear stories of seven-figure hospital bills. According to a Kaiser Network article, 34%… Read more about Health Insurance Policy Maximums Stuck in the 90s
Amy Gillentine has written an article for the Colorado Springs Business Journal that points out many of the current concerns and confusion surrounding our health care system. When it comes to open enrollment for employer-sponsored plans, she sums it up clearly: Choosing among options for health insurance is often an emotional — rather than practical… Read more about Health Insurance Choices – Emotions Versus Reason
Another draft of a proposal to reform Colorado’s health care system was approved on Monday by the Blue Ribbon Commission on Health Care Reform. That makes five proposals that have been approved for consideration so far. The Commission will recommend a final version of Colorado’s health care reform, hopefully within the next few months. The… Read more about Blue Ribbon Commission Now Has Five Approved Drafts
She said she realizes that the money they’ll be saving on their health insurance now is much greater than what she would have saved by having the group insurance through her employer for the 2 years she worked there. And the freedom it gave her and her husband is priceless.
First of all, a plan with copays is usually going to be a waste of money. A copay is a dollar amount the health insurance company has specified that you’ll pay for either doctors visits or prescription drugs. A typical plan will have $25 doctors visit copays and $15 copays for generic Rx and $30… Read more about What is a Copay?