Live Insurance News

Insurance news not transparent enough with Missouri prices

August 20, 2014August 18, 2014 H. Cutner

The state, which participates in the federal health plan exchange will include at least three insurers. This fall, the latest insurance news is showing that when residents of Missouri head to the HealthCare.gov website, they will likely be able to compare and shop for health plans that are being offered by a minimum of three insurers. The largest insurance company in the country has now stated that it expects to take part in the federal marketplace. UnitedHealthcare has said that it intends to make insurance news, this fall, by adding…

Arizona residents are due refunds from their health insurance providers

August 14, 2014August 12, 2014 Marc

Consumers to receive $11 million in refunds in the coming months Many Arizona residents are due to receive refunds from health insurance companies in the coming months. In compliance with federal law, some of the state’s insurance companies are returning $11 million to consumers. According to the Department of Health and Human Services, the average refund a family will receive is $51. Some 350,000 consumers throughout the state are expected to see refunds in the near future coming from their insurance providers. Insurers are unable to comply with federal health…

Health insurance rates set to rise in Rhode Island

July 22, 2014July 19, 2014 Marc

Higher rates approved by state’s insurance regulators Rhode Island Insurance Commissioner Kathleen Hittner has announced that rate proposals from the state’s health insurance companies have been approved for 2015. Insurers are seeking rate increases in order to balance out the losses that they incur from the cost of medical care. Many people have purchased insurance coverage over the past several months and are beginning to visit doctors and receive treatment for their conditions. In order to recover from the costs of these treatments, as well as other financial issues that…

Ongoing reimbursement battle may negatively affect health insurance policyholders

May 27, 2014May 24, 2014 S.Vagus

Blue Cross Blue Shield and Hendrick Health System continue to fight over reimbursement in Texas Blue Cross Blue Shield of Texas has been locked in a fight over reimbursement rates with Hendrick Health System for several months now. Officials at Hendrick health System claim that the organization is due reimbursement from the insurance company, but Blue Cross Blue Shield argues that it is not liable for any reimbursements at this time. As the two organizations continue to fight over the issue, policyholders may actually end up being the ones that…

Study shows health insurance rates are rising at slow pace

November 4, 2012November 4, 2012 S.Vagus

Blue Cross Blue Shield report highlights state of health insurance rates in Michigan Michigan’s Blue Cross Blue Shield has released a new study concerning the pace at which health insurance rates are rising in the state. In Michigan, and many other states in the U.S., health insurance rates are on the rise. Some claim that this is due to the federal health care law that has caused a somewhat dramatic shift in regulations. Many insurers claim that rates are only rising to account for the cost of medical care. Whatever…