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Morning Briefing

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Thursday, Jan 14 2016

Full Issue

BeneStream Offers Employers Help Shifting Workers To Medicaid Coverage

Such efforts are one tactic to help keep costs down for employers. Also in insurance news, a look at how consumers find coverage when they leave marketplace plans and some problems that consumers and insurers are having.

Starting this month, firms with more than 50 employees must offer workers insurance or face fines, a new expense for some employers who until now didn’t have to offer any coverage. But one company’s problem is another company’s opportunity — BeneStream wants to help employers shift those costs to the federal government, specifically to Medicaid. ... For a price, BeneStream will comb through employee rolls to see who qualifies for Medicaid, the program created primarily for low-income and disabled Americans. (Gorenstein, 1/13)

Earlier KHN coverage: (Mogul, 1/7)

The majority of people who leave the health law’s insurance marketplaces in California and on a broader national level are picking up other coverage rather than going uninsured, according to officials on a conference call hosted by the organization Families USA, which supports the 2010 overhaul. Peter Lee, executive director of Covered California, said California’s state-run exchange has surveyed a pool of people who left that marketplace over time and more than 85 percent left for other health coverage. (Attias, 1/13)

Earlier KHN coverage: (Gorman, 10/9/15)

Humana Inc. has added its name to the list of mega-medical insurers to report big problems under Obamacare. The Louisville, Ky.- based company does not expect to make enough money this year in premiums from individual plans to cover what it will pay out in claims, according to a regulatory filing made last week with the U.S. Securities and Exchange Commission. (1/13)

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