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Showing posts with the label health-insurance

State Health Leaders: Faster Medicaid Expansion Plan

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Medicaid expansion should start sooner, according to the N.C. Department of Health and Human Services. As of October 1st, this would assist more than 600,000 low-income citizens in obtaining health insurance.

New York Health Insurers Propose 21% Rate Hike: Will It Be Approved?

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Health insurance companies in New York are suggesting an increase in prices by 21%. Will they be allowed to do it? Health insurance companies in New York want to raise the prices for individual plans by about 20.9% and for small group plans by around 15.3% next year. 

Health Insurance Prices Going Up in Covered California

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Health Insurance Prices Going Up in Covered California. Health Insurance Prices Going Up in California's Marketplace Next Year

New Bill Aims to Improve Health Insurer and EMS Billing

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A new law is being suggested to make it easier for health insurance companies and emergency medical service (EMS) agencies to handle their billing processes. 

Advantages of Self-Funded Health Plans for Small Businesses

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Advantages of Self-Funded Health Plans for Small Businesses Why Small Businesses Should Think About Self-Funded Health Insurance Plans. Health insurance costs are going up every year, much faster than the overall cost of living. This affects both employers and employees, making them pay more for insurance.  If this keeps happening, by the year 2055, the cost of health insurance for an average family could be higher than their average earnings. Why Small Businesses Should Think About Self-Funded Health Insurance Plans Many small to medium-sized businesses believe that they have no choice but to stick with traditional health insurance plans where they pay premiums to an insurance company. 

Cigna Accused of Algorithm Denying Health Claims

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Cigna is being accused of using a computer program to deny people's health insurance claims.  Cigna Accused of Using a Computer Program to Deny Health Insurance Claims A lawsuit filed against Cigna alleges that the company is using an algorithm to review and deny hundreds of thousands of patient health insurance claims without proper individual review by doctors.  Cigna Accused of Algorithm Denying Health Claims The suit claims that Cigna's actions violate California state law, which requires insurers to conduct a thorough and fair investigation into each patient claim. Instead, Cigna relies on the algorithm called PxDx to save money by denying claims and reducing labor costs. 

MIT Expert Urges Overhaul of U.S Health Insurance

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A specialist from MIT suggests a big change for the health insurance system in the United States. Alexander Hamilton, not widely known for this, helped create the world's first health insurance policy in 1798. It covered sick and disabled seamen and was paid for by taxpayers.