Tag: health care

Mayo Clinic insurance partnership forms with Medica to create new company

H. Cutner
InsuranceBee and Hiscox launch insurance agent partner program

The two industry giants have joined forces to offer health plans on a national scale. A new Mayo Clinic insurance venture has been announced alongside a partnership with Medica. Medica, the health insurance company based in Minnetonka, Minnesota, will come together with the health care giant to be able to sell plans throughout the United States. The two companies will work together to bring health plans to consumers across the nation. The new Mayo Clinic insurance venture with Medica will provide national plans. Policyholders will be able to access care…

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Cancer insurance coverage is not consistent for keeping hair during chemo

Julie Campbell
Cancer Insurance - Medicine in drip at hospital

Patients no longer need to lose their hair from chemotherapy, but insurers don’t always pay for it. New treatments are now available to stop hair loss as a chemotherapy side effect, but many cancer insurance policies are not covering it. Oncologists feel that, especially for women, this is an important technique to ensure people get well. “Several patients have told me it’s one of the worst side effects of their treatment. It can affect them really badly psychosocially. Some patients have even refused lifesaving chemotherapy because they don’t want to…

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Health insurance expenses bring stress to uninsured American adults

H. Cutner
Mental health insurance claims - young woman stressed

A new report shows uninsured people are hesitant to purchase a policy due to anticipated rising costs. Approximately 71 percent of uninsured American adults who were aware of the open enrollment period chose not to purchase a plan due to expected increasing health insurance expenses. They risk failure to comply with the Affordable Care Act to sidestep rising costs. This represents a potential shift in the level of confidence that the ACA will stay in effect. The research was conducted by the Commonwealth Fund. The results were published in a…

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Health insurance exchanges start fifth annual open enrollment period under ACA

Marc
Health insurance exchanges - American healthcare reforms

The Affordable Care Act is moving forward with its marketplaces despite repeated efforts by Republicans. The last year has represented a consistent Republican effort to stop the health insurance exchanges from moving forward in the form they initially took through the Affordable Care Act. That said, despite the GOP’s attempts, the marketplaces have opened their doors for their fifth annual open enrollment season. The 45 day long window to purchase health insurance opened on Wednesday morning with the start of November. Now, eligible Americans across the country will be using…

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Trump won’t admit defeat after yet another failed Senate GOP health care vote

G. Turner
Health care vote insurance Donald Trump

Despite the fact that the president has been repeatedly unsuccessful repealing the ACA, he won’t give up. Senate Republicans kicked the latest health care vote to the curb, giving up on their most recent effort to repeal the Affordable Care Act. That said, President Donald Trump is determined to keep trying to get rid of Obamacare in its current form. Opposition within the Republican party itself led to the termination of the Graham-Cassidy bill. Senate Republicans gave up on the health care vote meant to repeal the Affordable Care Act.…

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Health insurance deadlines extended in many states to support insurers

Logan B.
health insurance exchange deadlines for rate filings

Providers are being given more time to make their filings due to uncertainty with legislation. The Affordable Care Act continues to stand as it was despite Trumps efforts to repeal it, leading states to extend health insurance deadlines. Without any certainty regarding the White House’s strategy to change legislation, states are giving insurance companies more time to submit their 2018 rates. Among those states include New Hampshire, Colorado and Kentucky, which have moved deadlines to June. The health insurance deadlines in those states had previously been in April or May.…

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Insurance industry slams Paul Ryan for lack of comprehension

H. Cutner
Paul Ryan insurance industry

The internet and social media lit up when the Speaker of the House of Representatives made a strange declaration about health insurance. The insurance industry was shocked by a recent statement from Speaker of the House of Representatives, Paul Ryan. He recently expressed his displeasure with the fact that premiums from healthy individuals are being used to subsidize the premiums of sick people. Social media, particularly Twitter, immediately blew up to inform Ryan that this is how insurance works. The insurance industry – including professionals and consumers alike – took…

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