Health insurance adjustment suggested by Massachusetts Governor

health insurance rates

 Gov. Patrick has suggested a few tweaks to the current law that may eliminate a healthcare struggle. The implementation of the core element of the healthcare reforms are now less than a year away, and the Governor of Massachusetts, Deval Patrick, has proposed an adjustment to the state’s own healthcare access law from 2006, which would apply a penalty to employers who are not making a “fair” contribution to the health insurance benefits of their employees. The alteration to the law would be called the “employer responsibility contribution”. That new…

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Health insurance statistics for Arizona shows worrisome results

Arizona Health Insurance

Census report shows one in five residents of the state did not have coverage in 2010. Nearly one in every five people in Arizona were without health insurance coverage in 2010, according to a report from the Census Bureau that was recently released. In counties facing greater struggles, that uninsured rate rose to one quarter. The report indicated that the overall rate of uninsured individuals under the age of 65 in Arizona was at 19.3 percent that year. This was slightly worse than the average across the country in 2010,…

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Massachusetts health insurance rebates of over $1 million to be paid by Aetna

Massachusetts Health Insurance

Deceptive student plan marketing and failure to comply with mandated benefits led to the payments. Aetna Life Insurance Co. has agreed to restitution and civil penalty payments of over $1 million in order to settle the charges made against it regarding failure to provide Massachusetts health insurance benefits coverage that is mandated by the laws of the state, as well as for college student plans that were marketed in a deceptive way. Boston’s Suffolk Superior Court received the filing for the consent judgment that contained the deal. It was received…

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Insurance rebates coming to Massachusetts consumers

Michigan health insurance

Division of Insurance announces rebates for consumers and businesses Massachusetts insurance regulators have announced that many of the state’s citizens can expect to receive rebates on their insurance coverage. Insurance Commissioner Joseph Murphy notes that the rebates are coming from five of the state’s largest insurance companies. Insurance rebates will be issues to approximately 50,000 individual policyholders and another 50,000 businesses throughout the state. The insurance rebates total $56.8 million. Insurance rebates connected to 2010 law The Massachusetts Division of Insurance notes that the insurance rebates are $10 million higher…

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Looking into the health insurance industries across the United States

Insurance News

The coverage mandate for the state has been placed under examination by the media. The health insurance mandate has been a central topic in the news lately, as the decision of the Supreme Court approaches and as it becomes more vital for the states to complete their required parts of the reform laws before the 2014 deadline, assuming that the law is not overturned. The San Francisco Chronicle, for example, has reported that Proposition 29 has narrowly passed, creating a $1 per pack tax increase on cigarettes, despite efforts by…

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