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July 2010

July 3, 2010 by  
Filed under Newsletter



Oregon officials and employers aim at a share of $10 billion in new federal health reform funding
State officials and employers are rushing to grab a share of $10 billion in federal funds to help subsidize health insurance for thousands of Oregonians. The money is intended to assist low income individuals who can otherwise not obtain individual coverage. Federal officials have done their best to coordinate with our existing Oregon Medical Insurance Pool (OMIP). Also attached is a useful link to additional information and an application for the state and federal funds.

Oregon officials and employers aim at a share of $10 billion in new federal health reform funding

Oregon Medical Insurance Pool (OMIP) Information
 

 
Keeping the Health Plan You Have: The Affordable Care Act and "Grandfathered" Health Plans
A ruling, announced last month, preserves the ability of the American people to keep their current plan if they like it and provides new benefits, while minimizing market disruption. It requires all health plans to provide important new benefits to consumers and allows plans that existed on March 23, 2010 to innovate and contain costs by allowing insurers and employers to make routine changes without losing grandfather status. Plans will lose their "grandfather" status if they choose to significantly cut benefits or increase out-of-pocket spending for consumers. The importance of this grandfathered status can be explained by your team at Larry Sherwood & Associates.

Keeping the Health Plan You Have: The Affordable Care Act and "Grandfathered" Health Plans

 
 
Census data reveal broad differences among states in rates of uninsured
Oregon ranks an unimpressive 38th among all 50 states and the district of Columbia in number of uninsured residents working age. Our year-over-year drop in state rankings only underscores the problems that bely our state. A sobering statistic not lost on Wallowa county (26% uninsured) and Hood River County (28% uninsured). Counties beating the states 18% overall uninsured rate? Linn County (16.7%) Clackamas County (16.2%) and Columbia County (14.5%).

Census data reveal broad differences among states in rates of uninsured

 
 
 
Larry Sherwood & Associates provides benefits consulting & insurance services to over 300 companies just like yours.

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