As health care reform continues to be a hotly contested issue throughout the nation, Maine is embroiled in its own battle regarding the state’s health insurance regulations. Earlier this week, a bill was introduced that would seek to overhaul the current regulatory standard in the hopes of increasing competition in the state’s health insurance market, thereby driving down insurance rates. Introduced by Representative Jonathan McKane (R), the bill has received rigid opposition from Democrats who say that consumer protections are being put at risk. The promise that the bill will…
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Lower health insurance premiums with a discount for regular excercise
As health insurance costs begin to rise, largely spurred on by increasing medical costs, many companies are looking for ways to mitigate the inflation. Researchers at the University of Florida are suggesting that companies should begin paying for exercise classes. This initiative could help curb the costs associated with certain high risk groups, such as diabetics. Doctor Marco Pahor, Director of the university’s Institute on aging, led research regarding this concept. Pahor and his team have been conducting this research for the past several decades. “There is solid evidence for public…
Read MoreBaby boomers fear Medicare benefits won’t be enough
The First of the baby boomers that qualify for Medicare in 2011 are worried. A recent survey shows deep concern about whether or not, throughout their retirement, they can depend on a health insurance plan ran by the government. Poll sources say 43% of Americans born on 1946 to 1964 don’t expect to rely on Medicare perpetually while 20% feel that their Medicare is safe and the other 37% percent have mixed thoughts. Sources state that 63% of the baby boomers voted for dismissal of the idea of increasing the…
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