Massachusetts insurance enrollment remains strong as unemployment spikes

Massachusetts insurance enrollment - American Flag, money and stethoscope

The state has the country’s worst unemployment rate, but residents are keeping up their coverage. Massachusetts insurance enrollment has remained strong despite the state’s unemployment rate, which is currently the worst in the United States. New data has revealed that despite losing their jobs, consumers have kept their health plans. The Center for Health Information and Analysis (CHIA) revealed new data last week which showed that overall Massachusetts insurance enrollment stayed essentially stable through May. At that time, there were more than 6.4 million residents of the state covered by…

Read More

Kentucky health insurance marketplace prepares to restart

Kentucky health insurance marketplace - file - stethoscope

The state intends to restart Kynect, its own exchange allowing residents to enroll in plans. Governor Andy Beshear has announced the state’s intention to reopen Kynect, the Kentucky health insurance marketplace. The exchange makes it possible for residents who don’t have coverage through an employer to enroll in a plan or sign up for Medicaid if they are eligible. The exchange was originally dismantled in 2017 by former Governor Matt Bevin. Kentucky Voices for Health director of policy advocacy Cara Stewart explained that state residents who want to purchase coverage…

Read More

Healthcare fraudsters continue to get caught despite coronavirus pandemic

healthcare fraud

Most things in life have been paused in one way or another by the coronavirus pandemic. Whether that’s sport, entertainment, construction or even something as simple as going to the shops, social distancing has slowed so many things down. Yet the justice system’s ability to prosecute those allegedly abusing the healthcare system for financial gain shows now signs of slowing.  A quick search for the term “healthcare fraud” on Google will bring up dozens of new news articles every week. When you look at the numbers involved, it’s clear to…

Read More

More time available to COBRA insurance applicants

COBRA Insurance - Woman Looking at Phone sitting on bench wearing mask

New rules give furloughed and laid-off workers considerably more time to decide on coverage. Americans who have been laid off or furloughed from their jobs now have more time to decide if they want to sign up for COBRA insurance. A recent federal rule is giving people more time to choose whether they want to keep their health insurance. COBRA insurance law usually grants people 60 days after having been furloughed or laid off to decide if they want to keep their employer-sponsored health plan. However, a new federal rule…

Read More

4 Things That Can Help Make Managing Your Chronic Pain Medical Practice Easier

Health Chronic Pain Practice

Running a medical practice is a challenging task. Even though you attended medical school in order to become a physician who helps patients manage their chronic pain, chances are that you spend a significant portion of your time managing your practice. The business side of things can be difficult and managing personnel presents its own set of complications. That being said, managing a successful chronic pain medical practice is not an impossible feat. It is one that is made far simpler, in fact, with the implementation and utilization of the…

Read More

Why It Is Important for Health Insurance Companies to Invest in People

health Insurance Companies - Skills - Employees

The insurance industry has always been a people-intensive industry. The industry relies on capable people – from agents to underwriters and risk managers – to deliver services to customers. While there are plenty of technologies affecting this industry, people remain at the heart of many insurance operations. For health insurance companies, in particular, investing in people is now a necessity rather than an option. The industry is getting more competitive, and there are many reasons why it is important for health insurance companies to invest in the people supporting their…

Read More

Walmart Insurance Services subsidiary launches for policy sales

Walmart Insurance Services - Front of Walmart Store

The retail giant will be selling health plans directly to consumers, said a company spokesperson. Walmart Insurance Services, a subsidiary of the retail giant, has now launched and will start selling its health plans to consumers, confirmed a spokesperson. Media reports suggest that the retailer’s subsidiary will sell Medicare Advantage plans. The Walmart Insurance Services name filing was made with the Arkansas Secretary of State on June 26. This filing was made by Walmart Apollo, the company’s intellectual property holding company. That said, the filing didn’t receive much media attention…

Read More