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Tuesday, January 24, 2012

Health Insurance Blog - Health Care Reform Implementation in 2012

 

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Health Care Reform Implementation in 2012

It’s been about two years since President Obama signed the Affordable Care Act and got America’s health care reform underway.  A lot has taken place, despite a good amount of opposition and resistance.  At this point, 47 states are part of the new premium rate review system where insurance companies need to justify the rationale for insurance premium increases that are in the double digits.  About half of the country is working towards establishing their own Affordable Insurance Exchange which is an important part of the new law that needs to be structured.

In order for health care reform to truly be successful, cooperation is necessary. The Affordable Insurance Exchange aspect of reform is crucial.  They are one-stop marketplaces where America’s consumers can choose a health insurer plan that meets their individual needs.  Exchanges will choose health plans qualified to offer coverage, provide consumer help, include shopping and enrollment, as well as coordinate eligibility for the Exchange.  The Act aims to give states more power by setting up their own Exchanges if they choose to do so.  The WhiteHouse.gov website says the Department of Health and Human Services awarded $49 million to 48 states and the District of Columbia to start planning activities.

The site has done a great job of summarizing the actions states have taken towards establishing Exchanges and gives examples of some of the actions and planning meetings taking place throughout the nation.  They offer a snapshot of ten states and their progress.  They didn’t necessarily profile the states that are the furthest along, but rather they show some of the diverse approaches being taken towards progress.  It’s an informative look at what’s really going on with health care reform at this point in time.

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