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More About Health Insurance News

Health reform to cost California $16 billion during upcoming decade
April 8th, 2011

A study by RAND Health finds that health reform will result in 96 percent of Californians receiving health insurance coverage by 2016. However, that medical coverage comes with a $16 billion price tag.

Health insurance regulators delay decision on medical loss ratio calculations
March 29th, 2011

Health insurance regulators decided to delay a resolution aimed at protecting sales fees and commissions for agents and brokers selling group and individual policies, but the debate over medical loss ratio calculations is expected to continue.

Hidden costs make health care far bigger consumer expense than government estimates, study says
March 28th, 2011

Hidden health care costs cut into consumer discretionary spending, according to a new study by the consulting firm Deloitte. Total U.S. health care expenditures in 2009 were $2.83 trillion, or 14.7 percent more than government estimates, according to Deloitte. Unpaid supervisory care makes up more than half of the difference.

High-deductible health insurance trims cost at expense of preventive measures, RAND study says.
March 25th, 2011

In what is believed to be the largest study of its kind, think tank RAND Corp. says consumers with high deductible health insurance save money but limit preventive care that can yield long-term benefits.

First anniversary of health reform marked by confusion and politics, Kaiser poll says
March 23rd, 2011

A poll released just prior to the first-anniversary of health reform found that Americans are confused by the law, and divided politically over its future.

Survey: Majority of unemployed unable to maintain health insurance coverage
March 18th, 2011

A biennial health insurance survey finds that 52 million American adults were uninsured in 2010. Among them are 9 million unemployed individuals who lost employer-sponsored group insurance and have been unable to replace it.

Blue Shield of California cancels scheduled health insurance rate hike
March 17th, 2011

After public outcry and government scrutiny, Blue Shield of California has announced cancellation of a heath insurance rate hike scheduled to go into effect May 1, 2011. If implemented, it would have been the third rate increase for individual policyholders since October 2010.

Appy Awards recognize Humana as having the best medical mobile application
March 16th, 2011

At the inaugural Appy Awards, Humana was honored as having the "Best Medical App" for the MyHumana Mobile application. The free app allows Humana members to check health plan details as well as find health care providers.

Health Net loses data servers containing sensitive information for nearly 2 million subscribers
March 15th, 2011

Health insurance company Health Net has announced sensitive customer data may have been compromised as nine of its data servers have gone missing. It is the second time in less than two years that the insurer has lost confidential subscriber information.

Employer health insurance costs expected to exceed $11,000 in 2011
March 14th, 2011

An annual survey of employer health care practices finds that many are looking to contain costs in the facing of rising health insurance premiums. Dependent, spousal and retiree medical coverage all appear to be targets.

Massachusetts health plan gets high marks from members
March 11th, 2011

An independent survey finds that most members of a Massachusetts health plan are satisfied with their health insurance premiums and quality of care. The Commonwealth Care program was created to help state residents comply with a health insurance mandate enacted in 2006.

UnitedHealthcare protests military health insurance contract reversal
March 10th, 2011

More than a year and a half after it awarded a contract to UnitedHealthcare for the TRICARE South Region, the Department of Defense has reversed its decision. The health insurance company has responded by filing a formal protest with the Government Accountability Office.

Health insurance companies work together to create medical homes for New York residents
March 9th, 2011

The concept of creating patient-centered medical homes is an emerging trend in health care. Now, six medical insurance companies have spent $1.5 million to create medical homes for half a million New York residents.

Consumer disclosures proposed for health insurance rate increases
March 8th, 2011

The Centers for Medicare & Medicaid Services has published a proposed disclosure form that will notify consumers of health insurance rate increases in excess of 10 percent. The disclosures are required as a provision of health reform.

Advocacy group challenges health insurance company profits
March 7th, 2011

A national coalition group is taking health insurance companies to task for profits earned during 2008 - 2010. According to Health Care for America Now, the nation's five largest insurers saw profits increase 51 percent during those years.

Health survey: Americans prefer online communication for health care needs
March 4th, 2011

Americans, concerned about rising medical insurance and health care costs, wish their doctors would offer more services online, according to a 2011 Intuit Health Survey.

More than 4.5 million benefit from Early Retirement Reinsurance Program
March 3rd, 2011

In 2010, more than 5,000 employers signed up to participate in the Early Retirement Reinsurance Program. The Department of Health and Human Services now reports that $535 million in health care costs have been reimbursed for some 4.5 million plan members.

Independent actuary says Blue Shield rates are sound
March 2nd, 2011

After public outcry and media scrutiny regarding proposed health insurance premium hikes, Blue Shield of California asked an independent actuary to review its rates. The report is now in and the results indicate Blue Shield's rates meet state and federal guidelines.

Workplace wellness programs lead to health-care savings, study says
March 1st, 2011

A study completed by a Blue Cross Blue Shield affiliate finds that workplace wellness programs can reap financial rewards, as the push toward good employee health reduces business medical costs.

$200 million offered to fight premium hikes as insurers take issue with review regulations
February 28th, 2011

The federal government is offering $200 million to states to help them review health insurance premium increases. However, an industry group argues that proposed rules on rate reviews are arbitrary and shortsighted.