Week of October 26, 2009While Aetna and the rest of the insurance industry continue to focus on important health care reform issues, some members of Congress and The White House appear unwilling to stop or even slow the political attacks against insurers. Even as yet another analysis released last week showed real concerns persist that current proposals will worsen, rather than alleviate, rising health care costs, the House Judiciary Committee used its powers last week to try to punish the ...
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September 4th, 2010 in
Finance
With the global recession prices have soared sky high, and health care arena is no exception to this. If you still don't have a health insurance cover, it is high time to start looking out for affordable health insurance plans that are benevolent. Since you would like the health insurance to be within you means you should compare quotes form various insurance providers before you opt for one. If you are a resident of California and on the lookout for lucrative health insurance plans, website ...
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September 3rd, 2010 in
Finance
Its premiums were substantially higher than those of the other two insurers in the Major Risk Medical Insurance Program, state officials say. Blue Shield coverage will remain in effect until Jan. 1.California has ousted Blue Shield, the state's second-largest not-for-profit health plan, from the state's high-risk medical insurance pool because its premiums were too high.The pool, known as the Major Risk Medical Insurance Program, or MRMIP, insures more than 6,700 Californians who have been shut ...
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September 2nd, 2010 in
Finance
Some federal employees will have to choose new health plans during open season this year because their insurance providers are leaving the Federal Employee Health Benefits Program, or reducing the number of areas they cover."Some employees still might not receive instructions to change plans during open season," Kathleen M. McGettigan, deputy associate director of the Center for Retirement and Insurance Services at the Office of Personnel Management, wrote in a Sept. 29 letter to agency ...
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September 1st, 2010 in
Finance
Health Plans Collaborate on Landmark Initiative to Reduce Time, Expense forPhysician Office Practice 'Paperwork'Savings are estimated in the hundreds of billions of dollars when all ofhealth care moves to automation and standardization; A watershed developmentcomparable to what ATMs did for banking, the initiative has broad supportamong Ohio physician organizationsHealth plans today launcheda landmark initiative to make delivering and getting health care easier forpatients and their physicians ...
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August 31st, 2010 in
Finance
Some health insurers have begun eliminating certain Medicare gap coverage policies to some elderly Americans. The cost-slashing move to eliminate some Medicare Advantage plans has the potential to affect millions.Nearly 11 million Americans qualify for Medicare and?many of those?use Medicare Advantage plans. This figure does not take into account the countless more who would have been eligible for the program.Medicare is the federal?health insurance program for which the elderly pay premiums. ...
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August 30th, 2010 in
Finance
Individual health insurance plans are quite affordable and readily available from the top health insurance companies. Anthem Blue Cross, Aetna, Medical Mutual, United HealthCare and most other major carriers offer a wide range of policies. Although there are hundreds of available options, there are three principal types of coverage'Catastrophic plans, Comprehensive plans and Health Savings Accounts (HSAs).Catastrophic Health InsuranceThe least expensive policy, this type of coverage will often ...
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August 29th, 2010 in
Finance
As the executive director at NuVision Medspa, a boutique medical spa in Manhattan, Matthew Pruitt has been working with LASIK technology since 1995. He has evaluated and assisted in more than 30,000 procedures and helped countless patients regain their natural sight through LASIK. Here he discusses how to get major savings on LASIK procedures through your health insurance plan. Many patients who are interested in LASIK don't know this, but there is a little known health insurance benefit that ...
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August 28th, 2010 in
News and Society
VACCINES MAY BE LOW VOLUME now, but some experts believe that with current public health trends, they have the potential to become a bigger portion of the pharmaceutical spend. A look at the specialty pharmacy market highlights the similarities between the two categories: as indications expand, use expands. 'In recent years, there are examples of vaccines that have shown this potential, including Prevnar and Gardasil'medications that initially were for younger people but are now in wider use ...
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August 27th, 2010 in
Finance
The Senate Finance Committee rejected an amendment Tuesday that would have created a government-run health insurance plan. The committee voted 15 to 8 to reject an amendment proposed by Senator John D. Rockefeller IV. Rockefeller, a Democrat from West Virginia, sought to add a public option called the Community Choice Health Plan.All Republicans on the panel voted against Rockefeller's amendment, in addition to Democrats Senate Finance Chairman Max Baucus,Senators Bill Nelson,Kent Conrad, ...
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August 26th, 2010 in
Finance