Employer sponsored health insurance here to stay

Study takes aim at employer-sponsored health insurance The Affordable Care Act has created a degree of uncertainty surrounding the issue of employer sponsored health insurance. The law is slated to make significant changes to the U.S. health care system, but the majority of these changes will not go into effect until 2014. The law was passed in 2010, providing ample time for worry and concern to take root in consumers…
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Health insurance statistics for Arizona shows worrisome results

Census report shows one in five residents of the state did not have coverage in 2010. Nearly one in every five people in Arizona were without health insurance coverage in 2010, according to a report from the Census Bureau that was recently released. In counties facing greater struggles, that uninsured rate rose to one quarter. The report indicated that the overall rate of uninsured individuals under the age of 65…
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New tool calculates impact of Affordable Care Act

BancorpSouth Insurance provides new service to help companies cope with Affordable Care Act BancorpSouth Insurance Services, a subsidiary of BancorpSouth Bank, has announced the launch of a new tool that will help its clients and others determine the financial impact of the Affordable Care Act. The federal health care law – which was ruled to be constitutional by the U.S. Supreme Court – brings a significant number of changes to…
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Workers compensation rate increase proposal rejected in Massachusetts

State Division of Insurance turns down the requested changes. The Massachusetts Division of Insurance has revealed that they have rejected the proposal that was made to increase the rates for workers compensation by 18.8 percent. The outcome of this will bring about no changes to the rates. The decision was made after having undergone a hearing process that lasted five months. The result is that there will not be any…
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Kansas must take action on health insurance benefits before it’s too late

Insurance Commissioner Praeger urges action on health insurance benefits Kansas Insurance Commissioner Sandy Praeger claims that the state must take decisive action on the health insurance benefits it will provide consumers per the Affordable Care Act. States have until October to inform the Department of Health and Human Services (HHS) what the minimum benefits residents can receive through policies sold through health insurance exchanges. If states cannot meet the deadline,…
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