Live Insurance News

International insurance news from China shows rural medical coverage boost

January 8, 2013January 8, 2013 H. Cutner

Health plans for residents of areas outside of urban and suburban zones will receive larger government subsidies. On Monday, China made international insurance news with its latest announcement from the health minister of the country, Chen Zhu, which stated that the government of the nation would be increasing the subsidies that it provides to the medical coverage available to rural residents in 2013. The annual subsidy will be increased by an average of 40 yuan per person. The government subsidy that will now be available to rural residents in this…

Health insurance exchanges for 20 states have received their approval

January 7, 2013January 7, 2013 Julie Campbell

Another eight states have now received the all clear in the form of a conditional federal approval. The U.S. Department of Health and Human Services (HHS) has just announced that an additional eight states have now received their conditional approval for their state based health insurance exchanges, bringing the total number in the country up to 20. These approvals have been coming through since last week and allow those states to begin moving forward. Among the newest additions to the approved list for their health insurance exchanges are Hawaii, Utah,…

Health insurance decisions will need to be made by businesses

January 3, 2013January 3, 2013 H. Cutner

There is now less than a year for companies to decide on the employee benefit options they wish to provide. With New Year’s Day behind us, there is now less than one year before the heart of the healthcare reforms go into effect, causing companies to need to take a serious look at the health insurance benefits that they intend to offer once January 1, 2014 comes around. The overhaul to the system and the coverage laws will reshape the way American employers offer benefits. After the healthcare reforms go…

Health insurance exchange approval for states

January 2, 2013January 2, 2013 H. Cutner

At the same time that the federal government had a fiscal cliff deadline, it also owed the states its decisions. The start of 2013 brought not only a great deal of attention to the decisions that would be made by the federal government regarding the fiscal cliff, but it also represented the time that the approvals would be given (or denied) to states regarding their plans for health insurance exchanges. The Secretary of Health and Human Services announced whether the proposals made by the states were approved. There are 24…

Health insurance coverage now available for orphans in China

January 1, 2013April 30, 2013

A Chinese state media report has announced that almost 30,000 children are now on a limited plan. A recent report from a media report in China has revealed that nearly 30,000 orphans now have health insurance coverage for the treatment of a dozen different critical diseases. These children come from a number of provinces and will how have some medical protection. The Chinese orphans affected by this new health insurance plan are located in the provinces of Hainan, Fujian, and Liaoning, in addition to the autonomous regions of Ningxia Hui…