Live Insurance News

Health insurance for business customers to be sold at Sam’s Club

October 27, 2014October 25, 2014 G. Turner

At the same time that these shoppers are buying large sized containers of coffee, they may also shop for coverage. Small businesses are now beginning to make the decisions that are required of them in order to be able to comply with the Affordable Care Act, which states that employers must offer health insurance to their workers, and now Sam’s Club is going to enter into the market that sells this coverage. The Wal-Mart Stores wholesale retailer division has announced that it will start selling private plans. It will be…

State agency modifies health insurance rate increase proposals

October 13, 2014October 11, 2014 Logan B.

Connecticut Insurance Department modifies some proposals, rejects others The Connecticut Insurance Department has modified rate proposals from health insurance companies for policies that will offer coverage in 2015. The agency has modified rate proposals from some of the state’s largest insurers, including Aetna and UnitedHealthcare. Some rate proposals were rejected, while insurers were required by the agency to change their proposals in order to reduce the financial pressure that consumers experience from the coverage. Some of the rate proposals that the agency has modified have to do with policies that…

Arizona releases information on its health insurance exchange

September 30, 2014September 27, 2014 S.Vagus

Open enrollment is coming and Arizona has released information that may be useful to consumers Open enrollment for health insurance exchanges throughout the U.S. is about to begin and many states are beginning to release information concerning the policies that will be available for 2015. In Arizona, ten insurers will be offering individual insurance plans through the state’s exchange. Arizona’s exchange is managed by the federal government, which has been working to resolve technical issues with its exchange network before the open enrollment period begins. If these issues are not…

Health insurance companies partner to examine medical costs

May 21, 2014May 19, 2014 S.Vagus

Rising medical costs encourage companies to come together to shed light on the issue Three of the largest health insurance organizations in the United States have agreed to come together for the sake of a new research initiative that is meant to help develop a digital tool that could shed some light on the costs of medical care. These costs have become a major issue for many people and businesses throughout the U.S. and are somewhat shrouded in mystery. It is no secret that medical costs have been on the…

Insurance CEOs are getting paid more in wake of health care reform

May 9, 2014May 6, 2014 Marc

Insurance executives may be the ones benefiting most from the Affordable Care Act Chief executive officers from some of the largest health insurance companies in the U.S. have seen their pay skyrocket recently. The steep increase in pay CEOs have been seeing is, somewhat ironically, due to the Affordable Care Act. This is ironic because the insurance companies benefiting from this trend have actually been quite outspoken with their opposition of the federal health care reform law. This issue may go a long way in highlighting just how important political…