New rule to stop insurance brokers from fraudulently enrolling people in plans : Shots

January 25, 2022 Sharika Soukup

VectorInspiration/Getty Images VectorInspiration/Getty Images Some insurance brokers are enrolling people into Affordable Care Act health plans without their consent, perhaps for the commissions, a move that could put consumers in danger of owing back the subsidies connected with the coverage. The damage could be hundreds or even thousands of dollars. A consumer’s first hint that…

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Feds require health plans to report drug costs under new rule

November 23, 2021 Sharika Soukup

Payers, employers and other group health plan sponsors must report prescription drug and health coverage costs for consumers under a federal regulation published Wednesday. Plans and issuers must begin reporting information by Dec. 27, 2021 and submit their information each following year by June 1. However, the rule says enforcement actions won’t be taken against…

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