Tag: Blue Cross

Blue Cross claims Ford’s health insurance lawsuit was filed too late

Logan B.
Health insurance - Ford logo - lawsuit

According to the insurer, the automaker took too long to file the suit accusing them of conspiracy. Blue Cross Blue Shield Association and that health insurance company’s Michigan affiliate are seeking to have a US judge dismiss a lawsuit filed against them by Ford Motor Co. Ford accused the insurer of an artificial inflation conspiracy for how much the automaker paid in premiums. The automaker stated that the insurer was recording higher health insurance premiums and other commercial medical coverage services expenses that were being paid. The lawsuit included two…

Read More

Health insurance premiums set to rise in South Carolina

S.Vagus
South Carolina Health Insurance

Thousands of consumers will be affected by higher health insurance premiums Several thousand consumers in South Carolina are likely to see their health insurance premium increase in 2016. The majority of rate increases are expected to be seen by those enrolling in the state’s insurance exchange, where insurers are looking to recover from financial losses by raising premiums. In some cases, consumers may be paying hundreds of dollars more for their health insurance policies. This may place many people under a great deal of financial pressure, which may drive some…

Read More

A shift in health insurance will affect some 96,000 people in Nebraska

Marc
People

Blue Cross announces that coverage will be restored to consumers despite contract dispute with CHI Health Blue Cross and Blue Shield of Nebraska has announced some changes to the coverage it provides to some of those that have been affected by a contract dispute with CHI Health. Some CHI Health hospitals have been out of the Blue Cross network since September of this year due to the expiration of an agreement between the two companies. Blue Cross and CHI Health have been unable to form a new contract due to…

Read More

Health insurance market in Texas may not be competitive

Marc
Texas Health Insurance Program

Study highlights lack of competition within the Texas insurance market The American Medical Association has released a new study that suggests the insurance market in Texas is becoming less competitive. According to the study, Blue Cross Blue Shield of Texas is the dominant insurance provider in all but one of the state’s metropolitan areas. UnitedHealth Group is also a major player in the health insurance market. Together, these two companies account for 63% of the state’s commercial health insurance market, up from 57% in 2010. Blue Cross dominates many of…

Read More

Florida Health Choices program to launch July 2012

Florida legislators are looking to launch a new health care plan for small businesses in July 2012. The Florida Health Choices program, which was first built by lawmakers in 2008, aims to bring affordable health care policies to small businesses as an alternative to those offered by private insurance companies. The program has been in the development phase for several years partly because legislators want to make certain the program is being built correctly.  The Florida Health Choices board says that the program is as ready as it will ever…

Read More