Tag: Supplemental health insurance

Aflac Breach Sparks Concerns Across Insurance Sector

Tate Ellison
insurance trends in cyber security report commercial

Aflac Breach: Another Hit in a Cybercrime Wave Hackers are at it again. This time, they went after Aflac, one of the biggest names in supplemental health insurance. The breach, revealed last week, may have exposed sensitive data—Social Security numbers, health records, insurance claims. Aflac moved fast. They stopped the attack within hours. But let’s be real—the damage might already be done. It’s not just Aflac facing challenges. In the same week, Erie Insurance and Philadelphia Insurance Companies experienced cyberattacks as well. Their IT systems faced significant disruptions. The suspected…

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Massachusetts Court Orders UnitedHealthcare Affiliates to Refund Millions to Victims

Logan B.
Massachusetts Court orders Unitedhealthcare refund

UnitedHealthcare-Affiliated Insurers Ordered to Pay $165 Million for Misleading Consumers Historic Ruling Against Deceptive Sales Practices A Massachusetts Superior Court has ordered HealthMarkets Inc. and its subsidiaries, The Chesapeake Life Insurance Company and HealthMarkets Insurance Agency, to pay $165 million for engaging in what the court described as “egregious” and widespread deceptive practices. These companies, owned by UnitedHealth Group, have been found guilty of misleading thousands of Massachusetts consumers into purchasing supplemental health insurance policies they did not need or fully understand they were buying. This judgment—comprising $50 million in…

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How Medical Debt is Devastating Millions of Insured Americans and What You Can Do About It

Nordstrom
Medical Debt

Medical debt is a pervasive issue in the United States, affecting millions of Americans each year. Despite having health insurance, many people still find themselves facing unexpected medical bills that can lead to significant financial stress. According to a recent survey by the Commonwealth Fund, nearly half of insured working-age Americans received a medical bill or charge that should have been covered by their insurance. This article aims to shed light on the realities of medical debt, highlight key statistics, share personal stories, and offer practical advice for those grappling…

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New supplemental insurance law passed in Massachusetts

S.Vagus
Supplemental Insurance

Governor Patrick signs supplemental insurance legislation into law A new law that eliminates the cap on insurance payments for non-medical hospital expenses has gone into effect in Massachusetts. Governor Deval Patrick has signed a bill that would remove the payment cap, which had been placed on supplemental health insurance policies that are meant to provide aid for non-medical expenses. Massachusetts had been the only state in the country that had placed payment limits on such coverage. Law has removed the cap placed on insurance payments for non-medical hospital visitis The…

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Disability Insurance – A Dying Breed

Loreen
disability insurance

When you think of disability insurance, you may automatically think about the benefits some receive through the Social Security program. This is run through the government. Everyone pays in, and someone who becomes disabled can then receive money each month. This program has saved many families from financial ruin, but the amount you can receive each month is not a lot. Families need more protection. Did you know there are other policies you can buy on your own in the event you are in a terrible accident or if you…

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Mind the Gap: Things to Know Before Picking the Best Medicare Supplement Plan

Guest Author
Medicare

Whether you have just turned 65, are about to turn 65, or are looking after a loved one who already has, keeping abreast of Medicare policy changes and picking the best Medicare supplement plan can seem like a daunting task. While the basic Medicare supplement plans (Plans A – N) are standardized at the federal government level, there are still many variations and nuances that occur at the state level. For example, some states may charge different rates for males than they do for females; some states won’t ask questions…

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Cancer insurance website features importance of awareness as well as coverage

Julie Campbell

The site may recommend the additional protection that a policy can provide, but it also provides additional resources. A cancer insurance specialty website called CancerInsuranceInfo.com has just re-launched with a new design and direction that is geared toward assisting individuals not only in obtaining the coverage that they need, but also in improving the way that they live their lives to stay healthier and make a bigger difference to those who already have the disease. The website shows that while coverage gives peace of mind, the true goal is to…

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