Tag:
rate hikes
Latest Headlines
Latest Headlines
Aetna ignores regulator to implement 8% rate hike
The California insurance commissioner ruled that aetna Life Insurance's 8 percent premium rate increase was "unreasonable" but was unable to prevent the insurer from implementing the hike April 1.
HHS: Insurers in 9 states have 'excessive' rate hikes
Health insurance companies in nine states have proposed rate hikes--some as high as 24 percent--that are "excessive" and should be blocked, according to the U.S. Department of Health & Human
State angers insurers with in-depth rate review audits
Insurers operating in New York likely will face scrutiny after the state announced new audits that will question the underlying data and actuarial assumptions used to justify rate hikes. The audits,
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
Rate hike justifications are 'trade secrets,' insurers say
Health insurers in New York don't want the reasons behind their rate increase requests to be made public, claiming they're "trade secrets." Now that consumers can view health plans' proposals to
Insurers should take to social media to combat negativity
It's time to face the facts--the American public dislikes health insurance companies. And that's putting it mildly, considering that 70 percent of all opinions and comments about insurers posted on
Rate reviews to strengthen with $109M HHS grants
Insurers likely will start seeing their premium increase requests get even more scrutiny now that the Department of Health & Human Services (HHS) has doled out $109 million in additional grants
Blue Shield credits $167M to customers, limits profits
Blue Shield of California is making good on its word of limiting annual profits to 2 percent of revenue by issuing credits to customers. CEO Bruce Bodaken pledged to cap profits after the insurer's
Can bad publicity lower premiums?
As of Thursday, the spotlight is on insurers that want to raise their rates by 10 percent or more as the Department of Health & Human Services (HHS) began its federal oversight of the rate
Rate review bill faces uphill battle in California Senate
A California bill that would let the insurance commissioner block excessive rate hikes is headed to state Senate floor, where it likely faces a tough fight. The Senate Appropriations Committee
