Web users across the United States can use a new federal website to watch the status of a health insurer in order to determine whether or not that company has increased its rates, and may view the insurer’s justification for doing so. According to the deputy director for oversight at the Department of Health and Human Services, Steve Larsen, the data now available on this website is information that was primarily unavailable before the site’s launch. There were only a few states that offered rate increases on their official websites.…
Read MoreTag: news on health insurance companies
American Medical Association gives the health insurance industry a poor grade in new report
The American Medical Association has announced disturbing finding regarding the nation’s health insurance companies. The AMA has released their latest National Health Insurer Report Card, which is a report that informs both the public and the health care industry about the accuracy insurance claims processing. Last year, the report found that nearly one in five of claims received by insurers had been processed incorrectly. The AMA had hoped that their report would spur health insurer to make changes to how they process claims. The latest report, however, shows that little…
Read More