Live Insurance News

Connecticut moves undocumented immigrant health insurance plan forward

April 6, 2021April 6, 2021 Logan B.

Undocumented immigrant health insurance - young girl in hospital

The state’s lawmakers have taken another step closer to offering government-sponsored coverage. Lawmakers in Connecticut heard what they described as emotional testimony last week as they move forward by another step in a plan for state-sponsored undocumented immigrant health insurance. The legislation is being formed to provide coverage to individuals up to the age of 18 years. “I’m looking at doing youth up to age 18. I looked at California and what they’ve done in California,” said Senator Marilyn Moore (D-Bridgeport). She added that she feels that it is not…

Why It Is Important for Health Insurance Companies to Invest in People

July 14, 2020 G. Turner

health Insurance Companies - Skills - Employees

The insurance industry has always been a people-intensive industry. The industry relies on capable people – from agents to underwriters and risk managers – to deliver services to customers. While there are plenty of technologies affecting this industry, people remain at the heart of many insurance operations. For health insurance companies, in particular, investing in people is now a necessity rather than an option. The industry is getting more competitive, and there are many reasons why it is important for health insurance companies to invest in the people supporting their…

Idaho health insurance plans draw Trump administration warning

March 12, 2018March 9, 2018 Nordstrom

homeowners insurance state farm in florida

The state has announced its intentions to allow certain medical policies that don’t comply with the ACA. The Trump administration has sent a written warning regarding Idaho health insurance plans. The state revealed its intentions to begin selling health policies that fail to meet the Affordable Care Act’s minimum requirements. The Trump administration said Idaho’s move “may not be substantially enforcing” the health care law. The letter was issued as a warning. Trump’s administration sent it to Idaho’s governor, Butch Otter (R). The letter was also sent to the Idaho…

CVS Health called “insane” for attempting to step into insurance industry

October 30, 2017October 29, 2017 Logan B.

Wall Street Analysts are baffled by the pharmacy and drug store chain’s potential Aetna purchase. CVS Health revealed its intentions to purchase nationwide insurance provider, Aetna. This would represent the company’s first steps into the health insurance industry. At the same time, it has Wall Street analysts puzzled over the decision. This entry into health insurance within the current atmosphere has analysts completely confused. Jeffries health care desk analyst, Jared Holz, called the CVS Health decision “insane.” Moreover, he also said that this move to acquire Aetna has arrived much…

Massachusetts aims to overhaul its health insurance program, MassHealth

April 22, 2016April 26, 2016 S.Vagus

State introduces plans to make changes to its troubled insurance program Massachusetts Governor Charlie Baker, along with other officials, has drafted new plans to overhaul the state’s Medicaid program, called MassHealth. This will be the largest overhaul that the program has seen in the past 20 years, marking a significant shift in the health insurance space and potentially ensuring that more consumers will have access to the coverage that they need. MassHealth currently provides coverage to some 1.8 million low-income people throughout the states and represents that majority of the…

$32 million in funding coming to the Children’s Health Insurance Program

April 21, 2016April 18, 2016 S.Vagus

Federal agency announced more funding for CHIP to ensure children have the coverage they need The Centers for Medicare & Medicaid Services has announced that it will be providing $32 million in funding for the Children’s Health Insurance Program (CHIP). The program has been lacking funding in recent years, which has raised concerns that many children may lose the insurance coverage that they are using currently. The program was established nearly 20 years ago as a way to ensure that children of low-income families would be able to receive the…

Idaho health insurance exchange is struggling to serve consumers

April 18, 2016April 18, 2016 S.Vagus

Your Health Idaho issues bulletin to agents to help resolve one issue consumers are experiencing Your Health Idaho, the state’s health insurance exchange, has issued a bulletin to insurance agents. The bulletin is meant to help agents better serve customers, providing them with information on what to do if people cannot get treatment for life threatening illnesses because they are unable to use their coverage. According to the bulletin, agents should include the term “medical urgent” in the subject line of emails being sent to the exchange. Since the bulletin…