BlueCross BlueShield of Oklahoma has released a statement reminding its clients that generic drugs can contribute to lowering the overall costs of health insurance, especially for patients. So with that in mind, industry lobbyists have been making the rounds to congressional oversight committees to encourage that they become engaged on this issue and request that the agencies stand down now that the RFI process has been concluded and there is no smoking gun” which would justify new regulatory action.
We will see whether the coming autumn chill cools off the debate or if partisan health care reform advocates continue to overplay their hand. The generic equivalent is just that: a matching generic drug with the same ingredients and FDA approval. Small business owners have seen firsthand how a failing health care system can cripple their businesses at a time when we’re relying on them to help our economy recover.
For example, if you provide a qualified insurance plan for your employees, you can generally deduct the full cost of your monthly premiums. A generic alternative may be different ingredients but can be used to treat the problems the brand name drug does too. Under the proposal, all residents would be required to obtain health coverage and the state would subsidize plans for low-income residents.
While industry observers have been fixated on the NAIC ERISA & ACA Work Group over the past year as it has been looking at updating its stop-loss model act – which presumably would bump up attachment point requirements – this blog is starting to think a little misdirection is at work here.
Find the business right health insurance can also be done with the help of a professional and experienced agent or broker who can help you buy the best deals. Too many North Carolina seniors have fallen through the cracks of a broken system that prioritizes insurance companies’ profits over their seniors’ health care needs.