Live Insurance News

Aetna predicts major rate increases in 2014

December 21, 2012December 21, 2012 Marc

Aetna CEO forecasts future of rates for health insurance consumers Health insurance continues to be a hot topic in the U.S., especially as 2014 approaches bearing the full weight of the Affordable Care Act. Last week, Aetna, the third largest health insurance provider in the U.S., held its annual investor conference in New York. During the conference, Aetna executives provided a wealth of information to the company’s investors concerning the insurance providers future plans and how it will adapt to the changing insurance landscape. Aetna CEO Mark Bertolini offered a…

Health insurance with vision care leads to better results

December 21, 2012December 21, 2012 Julie Campbell

Research has shown that the overall wellbeing of eyes is improved with additional coverage. The results of recent research have now been released, and they have revealed that adults who do not have vision coverage as a part of their health insurance may suffer irreparable damage to their eyesight. The study argues that eye coverage should be a required element of standard medical policies. What the researchers determined was that individuals between the ages of 40 and 65 years old and who are covered with health insurance that includes vision…

Health insurance exchanges a go in 18 states

December 20, 2012December 20, 2012 Dan

Sebelius announces 18 states are pursuing health insurance exchanges Department of Health and Human Services Secretary Kathleen Sebelius has announced that 18 states are planning to develop and operate their own health insurance exchanges. All states were required to submit their formal plans for an exchange program by December 14. According to Sebelius, the number of states that are building their own health insurance exchanges aligns with the predictions of the Department of Health and Human Services. Though the deadline has passed, states still have the opportunity to develop their…

Pennsylvania health insurance exchange rejected by Governor

December 18, 2012December 18, 2012 Dan

Pennsylvania abortion Insurance Governor Tom Corbett

Pennsylvania health insurance exchange efforts put down by Governor Corbett The Pennsylvania health insurance exchange will not be operated by its home state, according to an announcement from Governor Tom Corbett. The announcement comes as the state issues a letter to the federal Department of Health and Human Services. The letter outlines the state’s stance on the Affordable Care Act and its plans concerning a health insurance exchange. The letter notes that the state has no intention of building or operating an exchange program due to the lack of guidance…

Health insurance costs have risen by 62 percent

December 15, 2012April 30, 2013

Family coverage has skyrocketed since 2003, showing the increasing expense for those paying for plans. According to the latest health insurance data from the Commonwealth Fund in a recently released report, the total cost for a family plan – for both employers and for employees – broke the $15,000 mark last year, which represented an increase of 62 percent since 2003. Wages, on the other hand, increased by only 11 percent during that same period of time. The cost of commercial health insurance has undergone an increase in its price…