Massachusetts health insurance mandate got people at a price
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News reports are hailing word from Massachusetts this week that the Bay State’s comprehensive health reform program is a success. Nearly 350,000 uninsured residents obtained coverage under the program, according to an Urban Study report on the reform’s first year. That means more people are seeing doctors outside of emergency rooms and […]
After Cancellations, 1,200 Californians Get Health Insurance Back
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The health insurance pendulum is swinging back the other way in California.
Insurers in the state have been taking some heat in recent months for canceling policies of individuals who had inaccuracies on their applications. But in a deal yesterday, two big insurers in the state agreed to restore coverage for nearly 1,200 […]
Complaints about health premiums spike
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COMPLAINTS about private health insurers hiking premiums jumped 114 per cent in the March quarter compared with the same period 12 months ago, new figures reveal.
The news comes as doctors and funds argue changes to the Medicare levy surcharge, announced in this week’s budget, could lead to even greater premium increases if […]
Demos push plans for affordable health insurance
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Front-runners Hillary Clinton and Barack Obama, as well as former candidate John Edwards, who dropped out Wednesday,have put forth proposals to make health coverage more accessible and affordable.
Inspired by existing health reforms in Massachusetts, their proposals would prohibit insurers from rejecting individuals or charging them higher rates because of preexisting […]
A Price War In Health Insurance
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When UnitedHealthcare (UNH) told American Printing House for the Blind that its health insurance bill would jump 49.9% in 2008, Chief Financial Officer William G. Beavin decided to shop around. He settled on Humana (HUM), which offered a less generous plan that delivered a 17% rise. That’s steep, and will cost the […]
Health insurance industry must work together
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In every town in Monmouth County - to every community across the country - the issue of spiraling health insurance premiums is of paramount concern.
With each annual renewal, employers are forced into a quandary: to continually decide if they will pay an increased premium or figure out what benefits will be […]
Insurance Probe Hits Home in D.C. Region
Some of the insurance brokers and carriers under investigation in New York Attorney General Eliot L. Spitzer’s probe of steering and bid-rigging are major players in the Washington area insurance market.
Marsh & McLennan Cos., the New York-based firm that Spitzer charged last week with soliciting fake bids and accepting kickbacks from corporate liability carriers, […]
‘Harry and Louise’ Return, With Health Insurance Plan
Harry and Louise, featured in television commercials that helped kill President Clinton’s plan for universal health insurance in 1994, are back.
They still work for the insurance industry, but now, in a new television commercial, they prod Mr. Clinton, Congress and political candidates to do something about the problem of 44 million Americans without health […]
Health insurance costs rise 7.7%, twice the rate of inflation
Workers and employers won’t find much comfort in the smallest increase in health insurance costs since 1999. The 7.7% increase this year is still more than twice the rate of inflation.
And those rising costs have so far failed to boost the percentage of employers offering what are touted by some, including President Bush, as an […]
Bush again vetoes expanding children’s health insurance program
President Bush vetoed legislation Wednesday that would have expanded government-provided health insurance for children, his second slap-down of a bipartisan effort to dramatically increase funding for the popular program.
The measure would have expanded the State Children’s Health Insurance Program by $35 billion over five years and boosted its enrollment to about 10 million children.
Bush cited […]