login
Become a member
Quick Registration
Full Registration Benefits -
Free Homepages for Doctors
Free Homepages for Hospitals
Free Homepages for Medical Conference
Free Homepages for NGO's
Personal Health Record Creation
Access to all Medical Slides
Access to all Jobs & Products Sale
State Employee Health Insurance System to Closely Resemble Private Sector Health Plans
Under this proposal, the state would annually set aside a certain amount of insurance money for each employee and give options about how the money could be spent. This is different from the current system, wherein the state selects health benefits for employees. The proposal would mean shifting from a "defined benefit" plan to a "defined contribution" plan.
The changes would come into effect in 2014. The bill calls for the Department of Management Services to hire a benefits consultant, which would submit a plan by Jan. 1st 2013, for carrying out the changes.
The bill calls for future contributions from the state to be "actuarially equivalent" to the state's current share of benefit costs. The amounts contributed annually are subject to legislative budget decisions, as per the Bill.
The House Committee approved a proposal wherein the responsibilities under the state-employee health insurance system would be shifted to workers thus making it resemble private-sector health plans.
Source-Medindia
|
|
More News on: Health Insurance Plan, Third Party Administrators for Health Insurance, Star Health and Allied Insurance, Health Insurance Policies offered by Bajaj Allianz Insurance, ICICI Lombard General Insurance Company Limited, Health Insurance, Health Insurance - Ombudsman, Health Insurance - Basics, New India Assurance Policies, Cholamandalam Health Insurance Policies
 Comment & Contribute
|
- Health News Index
- News Quick Links
 | News Central | | Health Watch | |
| Latest Health News | | Health In Focus | |
| News Category (500+) | | Breaking Health News | |
| Popular News | | Celebrating Life | |
| Health News and Press Release | | Medindia - Exclusive | |
| News Photo Gallery | | India Special | |
| News Video Gallery | | Lifestyle and Wellness | |
| News From Other Resources | |||
 |
Health Insurance
Complete Medindia Resources
|
| News Categories: |
| » | Compound Responsible for Yellow Color in Turmeric Boosts Immune System |
| » | Consuming Monkey Meat may be Invitation to New Disease |
| » | Vegetarian Diet Could Help Improve Athlete's Performance |
| » | Research: Bright Colored Chips can Cut Consumption by Half |
| » | Olympic Athlete's Body Via the 80-10-10 Raw Vegan Diet |
| More Diet News | |
|
Health Insurance Related News |
||||||||
| » | Individual Market Insurance Does Not Provide Coverage Equivalent to Even the Lowest Plan Available Under ACA | » | Report: A Lot of Americans Have No Access to Health Care | |||||
| » | Greece Faces Humanitarian Crisis as Health Care Access Declines in EU, Doctors Group Warns | » | HCCI Report Says Rising Prices for Care Responsible for Increased Healthcare Costs for Privately Insured Americans | |||||
| » | Treatment in ED is Based on Children's Insurance Status | » | US Spends Most on Healthcare Without Providing Superior Care | |||||
| » | South Carolinas Taxpayers Will Not Have to Pay for Abortions in Rape Cases | » | Companies Try to Avoid Steep Health Insurance Bills by Rewarding Employees For Healthy Lifestyles | |||||
| Read More >> | ||||||||
