Tag: Blue Cross Blue Shield

Vermont health insurance rate hikes eased by state regulators

H. Cutner
Health insurance - Vermont flag

The state has attempted to take steps to keep premiums from rising over a certain limit. Health insurance price increases proposed by two major insurers in the Vermont marketplace have been slimmed down by state regulators. The decision to pare down the requested rates took the form of a pair of rulings issued last week. The Green Mountain Care Board issued two rulings last week that notably shrank the health insurance rate increases requested by MVP Health and Blue Cross Blue Shield for their small group and individual plans being…

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Insurance agents hit with slashed commissions as new ACA enrollments launch

G. Turner
Insurance agents - Commissions

Insurers offering Affordable Care Act coverage are sometimes reducing the cut for those selling it. Insurance agents working for insurers selling coverage through the Affordable Care Act have started to alter the relationship they have with those employees by slashing – or eliminating – commissions for sales. Bright Health is among those that have advised their brokers that their commission structure is changing. According to a recent report in Fortune, Bright Health issued a note to its insurance agents stating that they had seen “extraordinary growth” in the enrollment into…

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Blue Cross Blue Shield of NC joins insurance commissioner to build rural fire houses

Julie Campbell
Blue Cross Blue Shield of NC - Fire truck in fire station

Insurance Commissioner Mike Causey worked with the insurer to pay for the building construction. Blue Cross Blue Shield of NC and the state’s insurance commissioner, Mike Causey, joined together to help fund the construction of rural fire house in the state. The commissioner is seeking to improve the rural fire department quality as a whole. Causey has taken on the project to help the state’s rural fire departments to return to better health. Blue Cross Blue Shield of NC joined him in helping to finance the effort, and he has…

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103K Minnesota health insurance customers need new coverage for 2017

G. Turner
Minnesota Health Insurance Trump Administration Lawsuit

Blue Cross and Blue Shield of Minnesota is stepping out of the state’s insurance exchange next year. Over 103,000 Minnesota health insurance customers are losing their coverage at the end of this year. This means that they will need to find a new health plan to protect them against medical expenses in 2017. Blue Cross and Blue Shield of Minnesota has announced its departure from the state’s insurance exchange. It is for that reason that so many individuals and families will need to scramble for new coverage in 2017. The…

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Health insurance provider Blue Cross Blue Shield may face fines in North Carolina

Nordstrom
Blue Cross Blue Shield health insurance

North Carolina Department of Insurance may issue fines against Blue Cross Blue Shield Blue Cross Blue Shield may be facing significant fines in North Carolina due to “unprecedented administrative failures,” according to the state’s Insurance Commissioner, Wayne Goodwin. The Commissioner intends to levy the maximum permissible fines against the health insurance provider as the insurers goes into its third month of enrollment and billing issues. The North Carolina Department of Insurance claims that it has received more than 8,700 calls and 1,900 formal complaints concerning Blue Cross Blue Shield this…

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New Mexico gives residents a nudge for health insurance

H. Cutner
Capital Building Santa Fe New Mexico health insurance

As the deadline rapidly approaches, the state has been reminding residents that they should act quickly. New Mexico has been reminding people who have not yet purchased their health insurance that they should head to the state exchange if they want to be sure they’ve bought their coverage in time for the first deadline on December 15. For people who want their coverage to start on January 1, 2016, they need to buy a health plan by Tuesday. The final deadline for the open enrollment period is going to be…

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Privacy breach may have some impact on the insurance industry in Illinois

Logan B.
Illinois Insurance industry

State agency announces privacy breach, revealing Social Security Numbers of health care providers The Illinois Department of Insurance has announced that it has mistakenly allowed the Social Security Numbers of health care providers to be publicly posted. The number of health care providers affected by this privacy breach has not yet been disclosed, but the event may have some impact on the insurance industry. State officials recently learned of the privacy breach after receiving complaints. It is unclear how long the Social Security Numbers of health care professionals were visible…

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