Cigna and Oscar Insurance Partnership to Sell Small Business Health Plans

Small Business Health Plans - Doctor with stethoscope

The insurers have announced they will be launching the products in several U.S. markets. Cigna and Oscar Health have announced their intentions to launch small business health plans across a number of commercial markets in the United States. The partnership intends to move forward with the move together, letting them split the potential risk. Oscar is an insurance company best known for selling individual plans on the Affordable Care Act’s exchanges. The company has been seeking to broaden its offerings in a growing number of American individual and small business…

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4 Insurance Policies Everyone Should Have But Go Without

Insurance policies

The only sure thing in life is that it can be unpredictable. Accidents or illness can strike at any time. Guarding your home and future should be a necessity in any household budget. Although many people don’t think that insurance is necessary, when the unthinkable happens it is good to be protected. Even the most unlikely scenarios like being a victim of a home invasion can happen to anyone at any time. If you are injured and can no longer work it can be devastating financially, emotionally and physically. Having…

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Disability insurance fraud detection may soon include your social media posts

Disability insurance fraud - Frisbee throwing

Federal disability payment recipients may want to watch what they share on Facebook and Twitter. Disability insurance fraud detection efforts may soon include the right to view what payment recipients are posting on social media. Efforts by the Trump administration have been silently underway to make this access legally possible. The Trump administration’s efforts would allow the access and use of social media posts to aid in their efforts to detect disability insurance fraud. This would mean that people collecting Social Security disability benefits may have their Facebook, Twitter, Instagram…

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Woman saws off her hand in what may be shocking insurance policy fraud

Insurance policy fraud - Saw

The woman was found to have purchased five different policies ahead of the incident. A woman who cut off her hand with a circular saw in January is now being accused of insurance policy fraud. Though it initially appeared to be a terrible accident, the Slovenian woman may actually have attempted to defraud several insurers.defau Police and prosecutors are attempting to determine if the event was a bad accident or flawed crime. The 21-year old woman was accused of insurance policy fraud in Slovenia when it was found that she…

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Massachusetts seeks to reverse decisions for denied life insurance by naloxone carriers

Denied Life Insurance - Life Insurance Form

The state has issued guidelines following a nurse’s rejection because she is trying to be a good Samaritan. Massachusetts has issued new guidelines regarding naloxone carriers after a nurse was denied life insurance. The state is hoping that life insurance and disability insurance companies will stop denying coverage to good Samaritans who are carrying the overdose-reversing drug in order to help those in need of it. The guidelines were issued this month in response to the story of a nurse who couldn’t get a policy. The Boston nurse carries the…

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Massachusetts Governor Baker signs Anti-gender discrimination bill

Anti-Gender discrimination law - male & female

House Bill 842 prevents insurance companies from using gender to charge higher premiums. Massachusetts Governor Charlie Baker signed a new anti-gender discrimination bill. House Bill 842 makes it illegal for insurance companies to increase premiums based on whether an applicant is a man or woman. Traditionally, women pay more for the same disability insurance protection in Massachusetts. Governor Baker was joined by several other legislature members. This included HB 842’s main sponsor, State Representative Ruth Balser as well as house speaker Robert DeLeo. For more than a decade, Balser has…

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Mutual of Omaha lawsuit pushes insurer to cover patients taking Truvada

Mutual of Omaha - lawsuit

New applicants taking the HIV prevention medication had previously been denied policies. Mutual of Omaha settled discrimination allegations filed by the Massachusetts attorney general’s office. The insurance company has agreed to stop denying applicants who use HIV prevention medications such as Truvada. At the same time, the insurance company settled a second lawsuit in the state regarding a similar situation. In the second lawsuit, Mutual of Omaha settled with an unidentified man. The insurance company turned down the man’s long term care insurance application when he acknowledged that he took…

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