Tag:
Premiums
Latest Headlines
Latest Headlines
Insurers to rebate $1B to consumers under medical-loss ratio
Insurers are going to be rebating more than $1 billion to consumers as a result of the health reform law's medical-loss ratio (MLR) provision, which requires the companies to pay rebates if they
Minor premium increases send customers elsewhere
To retain and attract consumers when selling plans through health insurance exchanges, insurers must price their premiums "very competitively," according to a University of Michigan study released
Insurers prepare for worst-case scenario in Supreme Court ruling
As the Supreme Court will hear oral arguments on the healthcare reform law next week, the insurance industry has begun prepping for the worst-case scenario--a ruling that the individual mandate is
Insurers to rebate consumers $323M this year
Insurers must start disclosing information regarding insurance coverage they provide to their consumers and, if they spend less than 80 percent of premium dollars on healthcare, they must rebate
Premiums without individual mandate exaggerated
If the Supreme Court rules the health reform's individual mandate to be unconstitutional , the number of people gaining health insurance coverage would decrease, but the cost of policies wouldn't
Medicare Advantage enrollment grows 10% as insurers compete
Enrollment in Medicare Advantage has grown by 10 percent. Meanwhile, premiums have fallen at an average 7 percent as insurers compete for seniors' business, the Department of Health & Human
Mass. insurers see 'no profit margin' with 2.3% rate hike
Massachusetts health insurers can increase premiums by an average of 2.3 percent, the smallest hikes in the state during the past 10 years. As a healthcare reform leader, Massachusetts could be
Wellmark faces angry customers at rate hike hearing
Wellmark Blue Cross Blue Shield faced dozens of angry customers who grilled execs with pointed questions over premium increases. Wellmark, Iowa's largest health insurer, wants to raise premiums by
Report: Health insurance tax will hike premiums
A new report commissioned by America's Health Insurance Plans (AHIP) predicts that payers will pass the cost of a new insurance tax onto their customers by increasing premiums. The tax, which will be
Insurer fined $2.5M for illegal underwriting practices
Using illegal underwriting practices, among other violations, has led to a $2.5 million fine imposed upon MEGA Life and Health Insurance. According to a settlement with the Rhode Island Insurance
