News Archives

PCORI Fee – Due July 31st

What is the PCORI Fee? The Affordable Care Act established the Patient-Centered Outcomes Research Institute (PCORI) to explore the effectiveness, risks and benefits of medical treatments. The fees were originally scheduled to be collected for plan years and policy...

NAHU Washington Update 5/7/2021

As members of the National Association of Health Underwriters (NAHU) we receive weekly bulletins on benefit related topics, mostly focused on health insurance. Here are topics of interest from week ending May 7, 2021.

Blue Cross Blue Shield – Class Action Settlement

This settlement is a result of a class action lawsuit that alleges Blue Cross Blue Shield companies and affiliate companies (i.e. Anthem Blue Cross Blue Shield is an affiliate company) violated antitrust laws by entering into an agreement not to compete with each other and to limit competition among themselves in selling health insurance and administrative services for health insurance. Blue Cross companies and affiliates deny all allegations of wrongdoing and assert that their conduct results in lower healthcare costs and greater access to care for their customers. The Court has not decided who is right or wrong. Instead, Plaintiffs and Settling Defendants have agreed to a Settlement to avoid the risk and cost of further litigation.