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2010 - Medical Mutual selected to run the Ohio High Risk Pool by the Ohio Department of Insurance. [12] The program ended in March 2013. 2011 - Medical Mutual, for the third consecutive year, makes the InformationWeek 500 annual listing of the nation's most innovative users of business technology.
A 2019 federal rule extended the duration of short-term plans to 365 days, lifting a 3-month term limit established at the end of 2016. [6] [7] Starting in 2019, consumers will be able to purchase short-term plans which are renewable for up to 3 years in some states. [8]
The health plan has its own assets, which, under the Employee Retirement Income Security Act of 1974 (“ERISA”), must be segregated from the employer's general assets. The health plan's assets are derived from pre-tax (in most cases) contributions made by employees, and sometimes additional contributions made by the employer.
The long-expected curtailment of short-term plans is one of the Biden administration’s recent efforts to lower health care costs and crack down on surprise junk fees, part of its agenda aimed at ...
President Joe Biden on Thursday announced new steps to protect consumers who buy short-term health insurance plans that critics say amount to junk. A new rule finalized by the Democratic president ...
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In 1973, its name was changed from Mississippi Hospital and Medical Service to Blue Cross & Blue Shield of Mississippi, Inc., which, in 1996, was converted from a non-profit membership corporation to a mutual insurance company, with the name again changed, to Blue Cross & Blue Shield of Mississippi, A Mutual Insurance Company. [36]
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