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Tag: Health insurance

Insurance News - Life Quotes: Some Life Insurance Rates Remain at All-Time Lows

by admin on Sep.03, 2010, under Life and Health insurance

DARIEN, Ill., Sept. 2 /PRNewswire/ — Life Quotes, Inc. announced today the results of a new a new survey of 30 leading life insurance companies that has revealed that some life insurance rates, which have been creeping up over the past 24 months after falling for ten consecutive years, still remain at all-time lows.

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Unemployed Are Seeing A Rise in Health Care Costs

by admin on Sep.03, 2010, under Life and Health insurance

While the national unemployment rate has been hovering at about 9.5 percent for the last year, the average cost of health care plans for jobless Americans is steadily on the rise.

Terminated workers are paying an average of $429 a month this year for individual HMO coverage, compared to $399 for the same coverage in 2009, according to a survey conducted by Aon Consulting. COBRA coverage for an entire family now costs an average of $1,251, up from $1,171 per month at this time last year. With COBRA costs on the rise and the average unemployment check totaling less than $300 a week, a growing number of jobless Americans are no longer able to afford their health insurance plans.

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CIGNA Acquires Vanbreda International, Making CIGNA the Leading Global Provider of Expatriate Benefi…

by admin on Sep.03, 2010, under Life and Health insurance

has acquired Vanbreda International, based in Antwerp, Belgium, giving CIGNA unmatched global reach in expatriate benefits and further accelerating CIGNA’s global growth strategy.

Privately owned, Vanbreda International specializes in the provision of worldwide medical insurance and employee benefits to intergovernmental and non-governmental organizations, including international humanitarian operations, as well as corporate clients.

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Patients in clinical trials get new health insurance protections

by admin on Sep.02, 2010, under Life and Health insurance

Many plans refuse to cover such care. The new healthcare law will change that beginning in 2014.

When Richard Crusoe was diagnosed with a rare form of soft tissue cancer called liposarcoma, the retired firefighter and his family pinned their hopes of slowing the cancer’s aggressive advance on a drug being tested in a clinical trial.

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Pro & Con: Will health overhaul provide better care for U.S. workers?

by admin on Sep.02, 2010, under Life and Health insurance

YES: Entrepreneurs will better afford coverage and options will increase.

As we continue to slowly climb out of the worst economic recession since the Great Depression, I am constantly taking stock of what Congress must do to bring us back to prosperity.

In 2008, we were losing more than 750,000 jobs a month, borrowing hundreds of billions for two wars, and borrowing even more to make up for the Bush tax cuts for the rich.

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Cambridge Hospital group, nurses to resume talks

by admin on Sep.02, 2010, under Life and Health insurance

Employer says cuts must be made to retiree benefits

By Katie Johnston Chase Globe Staff / August 31, 2010

Following a ruling by the state labor board in favor of the Massachusetts Nurses Association, Cambridge Health Alliance and union representatives are headed back to the bargaining table in an attempt to hash out retiree health benefits for more than 325 nurses at Cambridge Hospital.

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Calif. bill targets health insurance premium hikes

by admin on Sep.02, 2010, under Life and Health insurance

SACRAMENTO, Calif.—Health insurance companies would be required to provide more information to the public when they intend to raise premiums under a bill passed by the state Assembly.

The bill, SB1163, would require insurers to give a 60-day notice to consumers before raising the cost of premiums.

Insurers also would have to post information about rate increases on their websites and state a reason for the increase in clear, understandable language.

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Keep the health insurance you like? Not! | health, lose, expect - Business - The Orange County Regis…

by admin on Sep.02, 2010, under Life and Health insurance

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A.D.A.M. Inc. acquired by Ebix

by admin on Sep.02, 2010, under Life and Health insurance

Atlanta-based A.D.A.M. Inc.,  a publicly traded provider of consumer health information and benefits technology solutions, has been acquired by Atlanta-based Ebix Inc., a leading international supplier of software and E-commerce services to the insurance industry.

Executives for the two companies said the combined entity will offer a formidable health information and services exchange to employers, benefits brokers, hospitals, health care organizations and consumers. They termed the deal the combining of two complementary organizations and product families.

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The Right Way to Buy Health Insurance

by admin on Sep.02, 2010, under Life and Health insurance

With the deadline for the Affordability Act fast approaching, buying individual health insurance will soon become mandatory for all Americans.  However, with all the confuion surrounding the health reforms and many states challenging the Act, purchasing a medical plan has become even more troublesome. But beyond all these troubles and confusion, the underlying fact remains the same- buying health insurance as soon as possible to avoid the any sort of fines or legal hassles.

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