S&P Capital IQ forecasts gains for health insurance providers

health insurance uninsured and underinsured survey

S&P Capital IQ expects health insurance providers to see gains in 2013 S&P Capital IQ, a leading provider of real time research and analytic data, expects to see to see health insurance providers see better earnings and higher share prices in 2013. Over the past year, health insurance companies have been working to overcome several challenges that have threatened to destabilize the industry and its various markets. Many of these challenges come from changing regulations, while others have come from emerging risks  in prominent markets. Medical care organizations seeing higher…

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California health insurer holds off on rate increase

WellPoint Inc., one of the nation’s top health insurers based in California, announced earlier this year that it would be raising premiums on individual policies by 16.4%. After increased pressure from state legislators and insurance commissioner Dave Jones, however, the insurer has proposed a new increase of no more than 9.8%. Furthermore, the company has heeded Jones’ call for delays on rate hikes and has announced that the increases will not take effect until July. According to Jones, the rate increases will affect more than 600,000 policyholders in the state.…

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