Insurers hustle to meet health reform deadlines

Article Abstract:

Health insurance companies are busy implementing policy reforms in compliance with the July 1, 1997 effectivity of the Health Insurance Portability Act. However, the varying deadline scheme wherein some of the provisions have earlier deadlines while others will be gradually phased in have complicated the act's implementation. The act covers limits on pre-existing condition exclusions, guaranteed issue and guaranteed renewable policies for people who lose group health coverage. A certificate of creditable coverage will be provided to those whose policies are up for renewal.

Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Health Regulation, Insurance Mgmt-Health, Laws, regulations and rules, Health insurance, Health care reform, Health insurance industry, Medical law

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Foundation Health Corp

Article Abstract:

Foundation Health Corp. plans to merge with Health Systems International (HSI) in an approximate $3-billion deal. Foundation Health will become a unit of HSI to be renamed Foundation Health Systems. Together, the merged companies will have 5 million medical members, comprising one of the largest public health care companies and participating in nearly every product line in the managed care segment. The deal has been approved by both company boards and is expected to be closed in Nov 1996.

Health Care, Health Care and Social Assistance, HEALTH SERVICES, Mergers, acquisitions and divestments, Health care industry, Medical care, Foundation Health Corp., FH, Health Systems International Inc., HQ

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