Legal News

Gary Cohen U.S. Health Insurance Regulator Resigns
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Gary Cohen was responsible for setting up Obamacare exchanges and establishing regulations for insurance companies under the plan. According to published reports, top Obamacare official Gary Cohen is resigning at the end of the month.

Obamacare” is a United States federal statute signed into law by President Barack Obama on March 23, 2010. Together with the Health Care and Education Reconciliation Act, it represents the most significant regulatory overhaul of the U.S. healthcare system since the passage of Medicare and Medicaid in 1965.

  
What
Where


Marilyn Tavenner, the administrator of the Centers for Medicare and Medicaid Services and Gary Cohen’s boss said according to Bloomberg News that, “Under his leadership, CCIIO established the rules which have made the promise of the Affordable Care Act a reality for millions of Americans who now can have the security of health coverage without regard to their previous health condition, and can know that their insurance will cover all the most common services they will need.”

Reuters reported that at a January hearing two House of Representative Republicans told him point blank that he should be fired. The president and CEO of America’s Health Insurance Plans, Karen Ignagni, said according to Bloomberg News, that he had “done a very good job” implementing the law’s insurance regulations. It has been reported that his temporary replacement is Dr. Mandy Cohen, a physician who currently heads the insurance oversight agency’s consumer support group.

Reforms to the Medicare payment system are meant to promote greater efficiency in the healthcare delivery system by restructuring Medicare reimbursements from fee-for-service to bundled payments. Under the new payment system, a single payment is paid to a hospital and a physician group for a defined episode of care (such as a hip replacement) rather than individual payments to individual service providers. In addition, it has been asserted that the Medicare Part D coverage gap (commonly called the “donut hole”) will shrink incrementally, closing completely by January 1, 2020.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




Image credit: www.bizjournals.com





 

RELEVANT JOBS

Senior Counsel

USA-TX-Dallas

Senior Counsel    About Us The Buried Alive Project is a non-profit criminal just...

Apply now

Associate Aviation Attorney

USA-TN-Nashville

Qualifications Private Pilot Certification (Required) Full Job Descr...

Apply now

Legal Assistant

USA-NV-Reno

Description      An AV-rated Civil Litigation Firm, specializing in real property,...

Apply now

Associate Attorney- Litigation

USA-MT-Missoula

About the Job: Established AV-rated Missoula law firm is seeking an articulate and ambitious asso...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Junior to Mid-level Cybersecurity, Privacy and Technology Associate Attorney

USA-NY-Garden City

Garden City office of a BCG Attorney Search Top Ranked Law Firm seeks a junior to mid-level cybersec...

Apply Now

Patent Prosecution Attorney

USA-WI-Milwaukee

Milwaukee office of a BCG Attorney Search Top Ranked Law Firm seeks patent prosecution attorney with...

Apply Now

Junior/Mid-level Trust and Estate Litigation Associate Attorney

USA-CA-San Diego

San Diego office of a BCG Attorney Search Top Ranked Law Firm seeks junior/mid-level trust and estat...

Apply Now

Most Popular

SEARCH IN ARCHIVE

To Top