as informed in prnewswire
Pennsylvania Insurance Commissioner Holds Public Informational Hearing on Health Insurance Rate
Pennsylvania Insurance Commissioner Holds Public Informational Hearing on Health Insurance Rate
Commissioner Miller explained that many companies are seeing higher spending on medical care than they originally anticipated, resulting in losses on these products.These losses are causing insurers to leave markets around the country, a trend the Insurance Department is trying to prevent in Pennsylvania to maintain the competitive market and ensure consumers continue to have options for their health insurance."We need to ensure that Pennsylvania's market is attractive for insurers to sell in as well as for consumers to buy from," said Commissioner Miller.
furthermore deadspin
NBA Players Union Votes To Pay For Health Insurance For Retired Players
NBA Players Union Votes To Pay For Health Insurance For Retired Players
Photo credit: Mark Terrill/AP ImagesThe NBA players union announced today that they would begin funding health insurance for retired players who have played at least three years in the league.The deal is the first of its kind in major American sports, which makes sense given that the NBPA is in a very healthy position, especially in comparison with the NFLPA or the MLBPA.NBPA president Chris Paul acknowledged the players' strong position, saying:"The game has never before been more popular, and all the players in our league today recognize that we're only in this position because of the hard work and dedication of the men who came before us."The union voted unanimously on the proposal, which provides generous terms, including whole-family coverage for ten-year veterans.
not to mention flatheadbeacon
Montana Health Insurance Companies Seek Rate Hikes
Montana Health Insurance Companies Seek Rate Hikes
HELENA – Insurers say they're losing money on the Montana marketplace thanks to rising health care costs.The three companies using the market place are seeking 2017 rate increases of up to 62 percent.The insurers say they aren't making enough in premiums to cover the cost of claims.
moreover from jdsupra
Health Insurance Merger Challenges: Of Antitrust and the Affordable Care Act
Health Insurance Merger Challenges: Of Antitrust and the Affordable Care Act
Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:Sign up to create your digest using LinkedIn** By using the service, you signify your acceptance of JD Supra's Privacy Policy.- hide Privacy Policy (Updated: October 8, 2015):JD Supra provides users with access to its legal industry publishing services (the "Service") through its website (the "Website") as well as through other sources.Our policies with regard to data collection and use of personal information of users of the Service, regardless of the manner in which users access the Service, and visitors to the Website are set forth in this statement ("Policy").
not to mention bloomberg
Anthem Tells Judge Cigna Deal Helps Health Insurance Markets
Anthem Tells Judge Cigna Deal Helps Health Insurance Markets
Anthem Inc. said its proposed $48 billion merger with rival health insurer Cigna Corp. will lower consumer costs and extend coverage to more people, in response to a U.S. lawsuit seeking to block the deal.The Indianapolis-based company also said the combined carrier would fortify the online insurance exchanges created under the Affordable Care Act at a time when other insurers are withdrawing from them, according to papers filed late Tuesday in federal court in Washington.Anthem's "acquisition of Cigna will significantly increase consumers' access to the exchanges with the combined firm entering into new territories in nine states where the two firms are not currently participating," according to the filing.
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