Tag: health insurance industry

Health insurance premiums to rise in state due to increasing medical costs

Julie Campbell
Connecticut Health-Insurance

Connecticut residents could be seeing increases in the double digits. Although the health insurance rates in Connecticut are on their way up, and the percentage by which they increase will likely be in the double digits, insurers are pointing out that it is not the Affordable Care Act that is behind this additional expense, but it is actually due to the rising cost of medical products and services. Insurers are seeing more expensive claims, which is driving coverage prices upward. One example of higher health insurance premiums will be for…

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Health insurance companies do well in encouraging trust…

Health Insurance

Though the same research indicates that message clarity could use some improvement. Pitney Bowes Inc. has just released the results of its latest research, which has indicated that health insurance companies need to place more of their focus on their claims and billing information approaches in order to make sure that their customers are being adequately informed. This information needs to adequately cater to the various age groups that the insurers serve. Though American consumers do have a certain general preference for the ways in which they would like to receive…

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Health insurance survey show consumers want better communication

Nordstrom
Auto Insurance survey

Pitney Bowes examines the state of the health insurance industry Pitney Bowes Inc., a company specializing in the development of software and hardware related to shipping, has conducted research concerning health insurance providers and how they are seen by consumers. The research highlights a number of aspects that health insurance companies may have to focus on improving while also drawing attention to the areas where these companies are seeing success. The research was commissioned by ORC International, a polling firm, and accounts for approximately 1,000 U.S. consumers. Participants were surveyed…

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Aetna announces plans to purchase Coventry Health Care

S.Vagus
Health Insurance company merger Aetna

Aetna plans acquisition of Coventry Aetna, one of the largest health insurance companies in the U.S., has announced its plans to purchase Coventry Health Care. The acquisition is currently estimated to cost $5.7 billion and would increase Aetna’s presence in the health insurance market. The move is expected to improve the company’s standing in the changing landscape of government-funded health insurance. The acquisition is expected to take place months before millions of uninsured Americans become eligible for the Medicaid program, which could mean significant financial gains for Aetna. Acquisition may…

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Health insurance industry survey highlights the opinions of executives

Nordstrom
Health insurance care reform confusion debate

Survey shows that executives are torn on the issue of the Affordable Care Act Connecture, a provider of sales automation technology for the health insurance industry, has released the results of a new survey that was conducted during the America’s Health Insurance Plans Institute 2012 conference held late last week. The results provide some insight on the opinions held by executives in the health insurance industry concerning the Affordable Care Act. The health care law has, since 2010, been a point of contention in the industry, causing a degree of…

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