Tag: medical insurance

Health insurance companies ready for a massive influx of individual customers

health insurance options

Insurers are taking steps to prepare for individuals and families who will be buying plans. Health insurance companies have become very aware of the change in coverage rules that is occurring in the United States as of January 1, 2014, and are taking steps to make sure that they are ready for the tremendous wave of individual customers who will be purchasing plans. In this light, many have been creating all new products to offer this growing market different options. A major example of this includes the efforts of Blue…

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Health insurance rules from healthcare reforms generate $1.5 billion in savings

Julie Campbell
President Obama health insurance

Regulations put into place from the system wide overhaul have customers spending less. The results of a study by the Commonwealth Fund, a research institution, have now been released, indicating that the health insurance rules that have been put into place by the healthcare law reforms have caused system wide improvements in efficiency that saved Americans almost $1.5 billion last year. The law’s provision says that insurers must spend at least 80 percent of collected premiums on medical care This is the case among insurers selling plans to individuals and…

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Health insurance award winner in the United Kingdom has been named

Nordstrom
health insurance award

  Cigna has been awarded the coveted Best Group International Private Medical Insurance Provider title. The results of the 2012 Health Insurance Awards are in, and the announcements have now been made at the Grosvenor Hotel in London, England, where Cigna has now been named the top provider. The titles for the annual medical and protection event were presented by Ed Byrne, renowned Irish comedian. The health insurance awards are designed to honor professionalism and excellence within that sector of the industry. According to the Cigna Global Health Benefits, Europe,…

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Health care reforms will place limits on costs paid by employees

H. Cutner
Health Care Reforms Small Business Health Insurance

Workers may no longer need to fear continuing spikes in out of pocket costs. In the pre-health care reforms environment, it had become a significant trend among small businesses to repeatedly hike deductibles and other costs that their workers were required to pay out of pocket in order to ensure that they would be able to continue to offer medical insurance in as coverage prices continue to rise. Now, the Affordable Care Act will limit the amount of cost that employers will be able to shift to workers. The federal health…

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Health insurance is a better predictor of heart attack death than other important factors

Julie Campbell
Health Care Reform

The presence of coverage is a more accurate risk factor than ethnicity. According to researchers at Johns Hopkins who performed a study on the medical outcomes at a number of Maryland hospitals, the presence of health insurance was a more accurate predictor of whether or not an individual would survive a stroke or heart attack than his or her ethnicity. The research showed that uninsured individuals had a greater likelihood of dying after these events. The Hopkins Bloomberg School of Public Health researchers found that individuals that did not have…

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