New data from the federal Department of Health and Human Services shows that a large number of health insurance applications sent to Anthem Blue Cross and Blue Shield are rejected. While rejections are not uncommon in the insurance business, the rate at which insurers are denying applicants has raised the concerns of federal regulators. Reportedly, some of these rejections are spurred by what may appear to be minor events, such as an applicant visiting an emergency room because of injury or going to see a chiropractor for back pain. According…
Read MoreTag: health insurance data
A news study shows the costs of health care are rising as well as uninsured rate
A new report from the Commonwealth Fund, a nonprofit organization championing a more efficient health care system, shows that as the costs of health insurance rise, the number of people with health insurance plummets. The report cites growing tensions within the economy as consumers struggle to cope with higher costs of living and widespread job loss. In 2010, the organization estimated that 29 million people did not have health insurance, a number that had been 16 million seven years before. Among those losing health insurance coverage are those with jobs.…
Read More
