What can you do to reduce your health insurance premiums

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The continued struggle of the economy has forced the country to try to keep healthcare spending down, and has forced many Americans to put off medical care due to financial constraints, but there are some things that can be done to minimize the amount that they spend on health insurance without sacrificing their coverage altogether. Being an informed customer can be a very important step to making sure that you are getting the most coverage at the lowest possible price, and to ensure that you are protected for everything that…

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Highmark announces the launch of new low premium and deductible individual health insurance coverage

Highmark has announced the availability of a new form of individual health insurance plan called the Simply Blue PPO, which is designed to provide policyholders with simple coverage at a low premium, with a predictable structure for copayments and with low deductibles. According to Highmark’s senior vice president of health services strategy, product and marketing, Steven Nelson, “We listened to our members’ feedback, and we’ve heard them say that they would like a more affordable plan without a large upfront deductible.” The new plan is medically underwritten and offers policyholders…

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Employment doesn’t guarantee health insurance

A new U.S. Department of Labor-funded report has indicated that employer-sponsored health insurance is rapidly on the decline for millions of Americans. According to the researchers from Iowa Policy Project, the nonprofit organization that released the report, employees are losing the jobs that provide health insurance through the employer, and are finding new employment through contract or that is part-time, which makes it much more challenging to find affordable coverage. Co-author of the report, Noga O’Connor, said that it has become less common and more expensive to receive health insurance…

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Study shows cost for employees for health insurance is set to rise

The findings of an Aon Hewitt study are showing that the average per-employee cost for health insurance will increase beyond the $10,000 mark in 2012, regardless of the fact that costs are rising more slowly than the current 2011 rate of 7.5 percent. The rate for healthcare premiums is expected to increase by 7 percent, but the actual cost of premiums for each employee is forecasted to be over $10,400. When compared to the 2010 figure of less than $9,800, the 2012 is notably higher. Workers will be responsible for…

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