Health insurers’ group critical of reform bill’s cost cutting measures
While Democrats and Republicans gear up for a showdown on health care reform legislation, a national association representing insurers says the proposed solution raises prices and stalls necessary...
View ArticleN.J. Democrat Adler to vote ‘no’ on House health reform measure
While U.S. House Democratic leaders have spent the last few days rounding up votes to approve a comprehensive health reform bill, they won’t have the support of a member of their party from New Jersey....
View Article‘Disappointment’ reigns among insurers, agents over health reform bill
Recognizing the historical aspect and increased coverage provided through the health reform bill approved by the U.S. House of Representatives, insurance companies and at least one agents’ group are...
View ArticleDoctors: Insurers should end cost profiling after study says it fails
Insurance plans that encourage members to obtain care from doctors who keep medical costs lower are relying on unreliable estimates of doctors’ performance, which in turn could eliminate the...
View ArticleMassachusetts insurers sue state over ‘reckless’ rate rejections
Nearly a week after Massachusetts regulators disapproved 235 of 274 rate increases filed by health insurers citing the rising cost of care, a group of six companies is suing the state for a move it...
View ArticleVirginia firm’s ClaimCatcher bolsters health cost-containment features
Richmond, Va.-based Provider Compensatory Invoicing (PCI) has added new intellectual property filings to its flagship product, ClaimCatcher. ClaimCatcher is a cost containment tool for public,...
View ArticleHealth reform law doesn’t go far enough, mid-Atlantic Blues suggest
The two biggest health insurance companies in Pennsylvania say the new health reform law falls short, while a regional Blues executive predicts the possible demise of small-group insurance in the U.S....
View ArticleRockefeller ‘extremely’ concerned over medical loss ratio mandate
The chairman of the U.S. Senate Committee on Commerce, Science and Transportation is offering suggestions on how health insurers nationwide can honor the intent of new mandates on medical loss ratio...
View ArticleMd. doctors wants MIA review of ‘intrusive’ health insurance protocols
Story updated with quote from Maryland Insurance Administration. An association representing Maryland’s doctors has sent Maryland Insurance Commissioner Beth Sammis a letter asking her to investigate...
View ArticleBlues among trio of health insurers seeking rate hike in Rhode Island
Health insurance companies UnitedHealthCare, Blue Cross & Blue Shield of Rhode Island and Tufts Health Plan have all filed for double-digit rate increases for next year. According to the Providence...
View ArticleHealth insurer Humana to cut 2,500 jobs this year
Calling it a “regrettable but necessary” reduction of its workforce, Humana announced it will cut 2,500 positions this year, but balance that with 1,100 additional jobs in some departments, including...
View ArticleInsurers: Lawmakers wrong to focus on premiums, ignoring ‘real issue’
The focus of some sharp criticism in recent days, the nation’s private insurance companies are now taking Washington, D.C., to task for painting them as the bad guys, solely responsible for rising...
View ArticleU.S. House approves end of health insurers’ antitrust exemption
In a move U.S. House leaders say will promote competition in the marketplace and additional freedom for the American people, the Congressional body has voted to strip private health insurers of their...
View ArticlePelosi says ‘time’s up’ on health reform; Republicans want restart
This week will mark the one-year anniversary of the Obama Administration’s start to reform America’s health care system, and while Democrats are urging a resolution, Republican continue to see a long...
View Article