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3 of California’s largest health insurers have agreed to delay for 60 days planned rate hikes for thousands of customers after state Insurance Commissioner Dave Jones asked for time to review the increases. Aetna, Anthem Blue Cross and PacifiCare agreed to delay the increases for people with individual policies. Unaffected are workers insured through their [...]
Commercial auto insurance protects businesses from incidents that cause financial losses or obligations. Types of vehicle insurance is covered by this type of load to be used by employees for pick-up, customer service, and business. With commercial auto insurance, fleet management is the best protection against theft, accidents and claims of conflict. Depending on your [...]
Enrollment in the Illinois Pre-Existing Condition Insurance Plan (IPXP) will proceed on a first-come, first-served basis. It’s one of the first major programs to be rolled out in Illinois under recently enacted national health legislation. Funding comes from premiums and from the federal government, which is giving the state $196 M to run the plan [...]
Non-profit Blue Cross and Blue Shield health plans stockpiled billions of dollars during the past decade, yet continued to hit consumers with double-digit premium increases, Consumers Union found in an analysis of 10 of the plans’ finances. Insurers must keep surplus money to ensure they can pay policyholders’ medical bills if unexpected market conditions develop. [...]
As the Obama administration begins to enact the new national health care law, the country’s biggest insurers are promoting affordable plans with reduced premiums that require participants to use a narrower selection of doctors or hospitals. The plans, being tested in places like San Diego, New York and Chicago, are likely to appeal especially to [...]
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