Tag:

Individual Market

Latest Headlines

Latest Headlines

Insurers shift marketing budgets toward individual consumers

Five of the nation's largest health insurers spent a combined $366.8 million on advertising in 2011, an almost 52 percent increase from the year before.

48M people lack insurance, unaware of health law

Almost 25 percent of adults between 19 and 64 years old--or 48 million people--lacked health insurance last year, and almost 70 percent of those adults lacked health coverage for more than a year,

Payers shift to understanding the individual, retail store-fronts

Many Blue Cross Blue Shield plans are taking steps to better understand the individual consumer so they can successfully operate within the new individual market and health insurance exchanges. When

Insurers in Indiana, Louisiana denied MLR reprieve

Health insurers in Indiana and Louisiana won't get a temporary reprieve from complying with the medical-loss ratio (MLR) requirements after the Department of Health & Human Services (HHS) denied

Cigna spending $25M to market to individuals

In another sign that health reform--the individual insurance mandate and new exchange marketplaces, in particular--is changing the health insurance landscape, Cigna has announced that it will focus

MLR causing premium drops, broker fee cuts

Despite decreasing premiums and cutting brokers' fees in an attempt to meet the new medical-loss ratio (MLR) requirements, most insurers still had MLRs that exceeded the law's limits, a new report

Update insurance exchange to win over consumers

With the introduction of health insurance exchanges coming in 2014, insurers will be facing a whole new challenge: learning how to compete directly for consumers' business. A key step to succeeding

State individual market dwindles with Aetna, Cigna departure

Aetna, along with Cigna and three other health insurers, will stop selling individual health insurance policies in Indiana. Aetna says it only has 700 individual health insurance policies in the

Shift to retail business model to attract members

Consumers are quickly becoming key players in the health insurance industry. Because of the health reform law's insurance mandate, they will be entering the market in droves--some experts estimate up

Insurers often reverse claims denial, GAO says

A new report from the Government Accountability Office found that although insurers frequently deny claims due to billing errors, missing information or judgments on whether the care or service is