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Tag Archives: Insurance
Insurance Claims Expected to Increase
A Kaiser study has found that many companies are passing their premium increases onto their employees instead of absorbing them as they used to do. Total premiums rose 3% for family coverage and 5% for singles this year. The study … Continue reading
Health Care Reform Will Create Greater Demand, Increase Spending
By 2014, the individual mandate will require health insurance. This will cause a shift in the demand for services. Around 16 million people will buy health insurance in 2014 and will increase to 30 million by 2019. The study conducted … Continue reading
Health Care Reform Benefits Latinos
The Obama Administration announced a new website, www.CuidadoDeSalud.gov, a Spanish version of the Healthcare.gov, to describe the health care benefits for Latinos. The website comes to highlight specific benefits for the Latino population as almost one-third of Latinos is uninsured, … Continue reading
High Risk Pools a Test of Health Care Reform
High risk pools offer coverage to those who have been denied coverage or who have been uninsured for six months. The coverage lasts until 2014. Many worry that funds will run out and demand will be too high and not … Continue reading
Posted in Federal, Healthcare Reform
Tagged Coverage, Health Care Reform, High-Risk Pool, Insurance
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Insurance Agents Fight to Keep Internet Influence
Insurance agents are fighting to show their influence on the Internet by helping consumers to compare insurance coverage options. However, they feel their influence will be reduced after the health reform is in place. The National Association of Insurance Commissioners … Continue reading
Insurance Group Spends $2.3 Million Lobbying in Congress
America’s Health Insurance Plans spent about $2.3 million in three months (ended June 30) lobbying in Congress as many details have yet to be decided on in terms of the health care law including Medicare and Medicaid, restrictions and generic … Continue reading
Posted in Federal, Healthcare Reform
Tagged Insurance, Medicaid, Medicare, Prescription Drugs
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Insurers Upset by Vote On Health Rate Plan
The National Association of Insurance Commissioners criticized state regulators for plans that too narrowly define what qualifies as medical care. However, organizations such as Health Care for America Now approve the NAIC’s decision to as a step forward for health … Continue reading
Posted in Federal, Healthcare Reform
Tagged Health Care Reform, Insurance, Medical Care
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Commissioners Vote Unanimously on Health Rate Plan for Medical Loss Ratio
The National Association of Insurance Commissioners approved the preliminary outline of what will be considered as a medical cost. The health care reform law required the insurers to spend at least 85 percent of premiums on medical costs. The commissioners … Continue reading
Some States Lack Authority to Enforce Aspects of Health Care Law
Insurance commissioners in about half of the states say that they do not have the authority to enforce aspects of the health care law, specifically the consumer protection standards that take place next month. The administration says that it hopes … Continue reading
New Tax Credit Could Help Small Business Provide Insurance for More Employees
A new credit of up to 35 percent could help around 12 percent of 500 small businesses. The tax credit will help those small businesses who see very high premium costs. It also will help those small businesses considering dropping … Continue reading
Posted in Healthcare Reform, Small Business
Tagged Cost, Insurance, Small Business, Tax
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