At this year’s Health 2.0 event, Mark Bertolini, the CEO of Aetna, gave a very positive outlook for the future of health insurance in his company as a result of the current and upcoming changes to the healthcare system in the United States. The reason is that the insurer has reinvented itself by providing a unique healthtech startup company exit opportunity after having made more than $1.5 billion in acquisitions in 2011. Those acquired companies are playing an important role in assisting healthcare organizations to make their first steps into…
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Colon Cancer Awareness Month reminds individuals to obtain supplemental insurance quotes
The month of March, Colon Cancer Awareness Month… is more than halfway over, but the American Cancer Society and other organizations are still urging everyone to take a moment to find out more about this disease, to practice proper early detection screening habits, and to make a donation to help improve research and care. It is also a good time to have a look at your coverage and decide whether or not you would benefit from supplemental cancer insurance. Many are choosing to do so before the end of the…
Read MoreMillions of Americans may receive rebates from insurers this year
Before the summer draws to a close, millions of people across the United States will be receiving rebates from their insurers, due to the new federal healthcare reform requirements that have placed strict rules on the way that insurance companies spend their earnings. This regulation is not without opposition. The entire insurance industry, along with a large number of state officials, have been battling this rule for some time. Based on the federal regulations that went into effect at the end of 2011, health insurance companies are required to spend…
Read MoreAudit puts Illinois lawmakers in hot water with the state’s insurance companies
Illinois lawmakers and insurers are coming under fire for an insurance deal that was brokered last year. A new report released this week from the state’s Auditor General, William Holland, has highlighted some serious problems with the insurance deal the state made with Blue Cross Blue Shield. The deal saw more than $7 billion worth of insurance policies held by state employees transferred to the major insurance company. One of the problems is that many of the policyholders caught up in the plan lived in one of 24 counties where…
Read MoreOregon Legislature convenes to determine the course for the last days of the legislative session of February
February is quickly coming to an end, but the Oregon Legislature still has much to discuss. State lawmakers met in the city of Salem this week to map out their plans for what remains of this month’s legislative session. The topics that will receive their attention in these latter days are education initiatives, construction bonds, logging and use of water, and the state’s plans to build its own health insurance exchange. Notably, Governor John Kitzhaber’s plans to reform the state’s Medicaid program have been cut from the current session. Though…
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