Tag: health insurance plan

Wal-Mart expands health insurance benefits

S.Vagus
Walmart auto insurance

Retailer takes a bold step on health insurance Retail giant Wal-Mart has announced that it will begin offering health insurance benefits to the domestic partners of its U.S. employees next year. The retailer is following the lead of several other large companies that have been expanding health insurance benefits in recent months. The company will also begin offering vision care to eligible employees and their dependents. This move could be a major boon for many people in the U.S. who depend on the health insurance coverage Wal-Mart provides them with.…

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UPS drops health insurance coverage for 15,000 working spouses

Logan B.
U.S. Health Insurance

UPS makes health insurance cuts citing financial concerns The United Parcel Service (UPS) of the U.S. has announced that it will be cutting the health insurance coverage it provides to approximately 15,000 spouses of full-time employees. The company is one of the largest employers in the country, but has been expressing concern regarding how the health insurance sector will be affected by the Affordable Care Act. According to UPS, the move is due to the rising costs of health care in general as well as the provisions associated with the…

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Health insurance nonprofit doesn’t make it into the exchange

G. Turner
Health insurance industry news federal government

The federal government provided the organization with millions in low interest loans, but it didn’t meet the requirements. A nonprofit organization based in Westerville, Ohio, was the recipient of almost $130 million in low interest loans from the federal government, in order to assist it in developing health insurance plans that would provide consumers with additional choices while shopping on the state exchange to purchase their coverage for 2014. However, the group did not manage to complete all of the requirements to be able to sell coverage in Ohio. The…

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Health insurance proposals lead to NYC lawsuit

H. Cutner
New York Health Insurance

The Labor Committee has sued New York City in an effort to try to stop it from changing its medical benefits. The Municipal Labor Committee, a group that represents city workers, has sued New York City in an attempt to stop it from being able to move forward with a request for proposals to change the health insurance benefits that the employees will be receiving. NYC will soon be seeking a new insurer for its massive benefits plan that will require premiums to be paid by workers. In April, Deputy…

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Health insurance law putting strain on public unions

H. Cutner
health insurance rates highest and lowest

Municipalities nationwide are putting the pressure on their unions to accept cheaper benefits. Towns and cities across the United States are now placing pressure on their municipal unions to start accepting cheaper health insurance benefits ahead of an element of the implementation of one of the healthcare reform components that will place a tax on more expensive plans as of 2018. The Affordable Care Act includes a so-called “Cadillac tax”, which was created following the advice of economists. The economists argued that health insurance that was more expensive, in which…

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Health insurance reaches almost 1.3 billion in China

G. Turner
China Health Insurance agents

At the same time, however, there are still many Chinese poor who are neglected by the healthcare system. China has been making considerable reforms to its health insurance system and has now reached the point that about 95 percent of its population – approximately 1.3 billion citizens – have coverage with some kind of plan. This, according to the latest figures that have been released by the Chinese government. This level of health insurance coverage throughout the population represents a considerable amount of progress. This most populous country on the…

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Health insurance costs in U.S. are lower than anticipated

H. Cutner
Health Insurance Affordable Care Act Cost

Forecasts are beginning to show that the costs of the coverage aren’t as high as predicted. According to data from the Department of Health and Human Services, the cost of health insurance is considerably lower than it anticipated for small businesses and consumers, as the healthcare exchanges start to come together. This is promising news for President Obama and his supporters, as the exchanges are the heart of his signature law. The health insurance exchanges in each state are central to the Patient Protection and Affordable Care Act. Their ultimate…

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