ACA Challenge Rejected

This week in a 7-2 decision, the U.S. Supreme Court rejected a challenge to the Affordable Care Act that came from a group of republican AGs. This is the third time the Supreme Court has upheld the ACA in the 11 years its been in existence. After the ruling, California Insurance Commissioner Ricardo Lara released the following statement:
“The Affordable Care Act has helped millions of Californians to gain quality, affordable health care, which has been critical during a global pandemic that we haven’t seen in a more than a century. Today’s decisive action by the U.S. Supreme Court – with California leading the charge to defend this landmark act – protects the law’s future and allows us to continue our work expanding access to health care for all Californians.”

MORE ACA

Commonwealth Says Many Benefit from ACA
After the ACA survived the big challenge this week, Commonwealth bloggers Sara R. Collins and Gabriella N. Aboulafia got busy making a list of who they say benefits from the law being upheld. Read the full blog here. But here’s a sneak peek at who they came up with:
  • 14.8 million adults with coverage through the ACA’s Medicaid expansion
  • about 17 million people who have insurance through the individual market, including 11.3 million who enrolled in the ACA marketplaces during the 2021 open-enrollment period, more than 1 million who have enrolled through HealthCare.gov in the Biden administration’s COVID-19 open-enrollment period that runs through August 15, and 5 million who purchased plans directly in the individual market
  • 1 million people who have coverage through the Basic Health Program in Minnesota and New York
  • more than 130 million nonelderly adults with preexisting health conditions who benefit from the law’s consumer protections
  • 151 million people with job-based insurance who are entitled to free preventive care and vaccinations
  • 12.1 million young adults who have coverage on their parents’ health plans
  • people of color and those with low income who have experienced significant reductions in long-standing disparities in coverage and access to care
  • young women, older people, and smokers who would face substantially higher premiums without the law or be unable to get covered at all in the individual market
  • people in need of maternity care; few, if any, health plans before the ACA covered maternity care or would only provide at additional cost
  • people who experience catastrophic illness or injuries; before the ACA, insurers and employers could place annual and lifetime limits on the amount paid and insurers could cancel policies if someone became sick
  • state governments that will maintain an estimated $152 billion in federal funding for health care
  • doctors, hospitals, and health care manufacturers that will maintain an estimated $135 billion in revenue from people covered by ACA insurance expansions
  • hospitals and state and local governments that will avoid an uncompensated care bill of $58 billion

MEDICAID

Pandemic Leads to Medicaid Enrollment Surge
A new KFF analysis of federal data points to a big impact of the pandemic. More people than ever are on Medicaid. Medicaid enrollment ballooned from 71.3 million in February 2020, as the pandemic in the U.S. was just about to take off, to 80.5 million by January 2021.

MEDICARE

It’s time to get your Medicare on! Lucky for you, there is a Medicare event double header again this year. One conference will be in person and the other virtual!

In person —

  • 9th Annual Senior Summit: Chart Your Course and Navigate Into the Future, in person at Pechanga Resort & Casino in Temecula, August 31-September 2. Online registration is open through August 19. Register here.

Virtual —

  • California State Medicare Expo: Unmasking Medicare – August 26-27. Register here.

CAL BROKER

Seeking Additional Ad Salesperson

We’re looking to hire an additional advertising salesperson to join our team. Knowledge of insurance products and/or sales experience desired. Flexible hours and you can work from wherever you are. Interested? Send an email to publisher Ric Madden: ric@ricmadden.com.

BRAVO

Commitment to Diverse, Inclusive Workplace and Philanthropic Culture Help Make Aflac a Top 50 Civic-Minded Company in the United States for Fourth Consecutive Year

Kudos go out to Aflac. The company announced it was recognized as a 2021 Civic 50 honoree by Points of Light, the world’s largest organization dedicated to volunteer service. For the fourth consecutive year, the insurer was named to the coveted list as one of the 50 Most Community-Minded Companies in America for its leadership and community focus.

INSURTECH

Global Insurance Symposium June 28-30

This year’s Global Insurance Symposium will be held both virtually and in-person in Des Moines, Iowa, June 28-30.  Global Insurance Symposium attendees will have the opportunity to hear experts and industry leaders discuss global risk and the post-pandemic future as well as how to bridge the diversity gap in the insurance industry. In addition, the Commissioner Panel will offer critical regulatory updates and the InsurTech Expo will highlight the latest technological developments in the industry. View the full agenda and session details here.

NETWORKING

New Opportunity to Meet Some of Your People!

The Inter-Company Marketing Group (ICMG) is a non-profit association that aims to foster business networking among insurance and financial services professionals and firms. The ICMG will hold its 2022 Annual Conference February 1 and 2, 2022, in Miami, Florida.  Check out the organization at their website: www.icmg.org.

EVENTS

  • NAHU Annual Convention & Grow Your Business Expo, theme is “The Path Forward”, Virtual, June 27-29, info here.
  • BenefitsPro Broker Expo, in person in San Diego, August 16-18. Save 15% with promo code RIGHTPLAN. Agenda here, register here.
  • 9th Annual Senior Summit: Chart Your Course and Navigate Into the Future, in person at Pechanga Resort & Casino in Temecula, August 31-September 2. Online registration is open through August 19. Register here.
  • California State Medicare Expo: Unmasking Medicare, virtual, August 26-27. Register here.
  • American Association for Medicare Supplement Insurance, National Medicare Supplement Insurance Industry Summit, Sept 8-10, in person at Schaumburg Convention Center, Chicago area. Info here
  • SIIA 41st Annual National Educational Conference & Expo, In-Person & Virtual, October 3 – 5, JW Marriott, Austin, TX. Info here.