The insurer has now unveiled a new program for individual coverage in California. Aetna has just announced the unveiling of a new health insurance program in California through which they will be offering individual plans to members of Costco. This program is geared toward meeting the needs of Costco members in an affordable way. The coverage is called the Costco Personal Health Insurance program. It includes five different types of plans, which are broad major medical benefits, a number of assistance services, a large provider and hospital network, dental options,…
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Maine to adopt more robust rate review process
Maine aims to mitigate costly health insurance rate hikes Many of the largest health insurance companies in the U.S. have warned states that they can expect to see significant rate increases for coverage in the coming years due to provisions of the Affordable Care Act being enacted by the federal government. This has caused some state officials to direct their anger at the federal government, while other states have been working to adopt a more robust rate review process that may enable them to avoid serious rate hikes in the…
Read MoreHealth insurance exchange in California now under construction
The Golden State is now working on the first of the marketplaces in the country. An industry expert in California has said that it will be interesting to watch how the state works on developing the first health insurance exchange in the country and then implements it for use by its residents and small businesses. California has now received its federal government funding in order to implement the marketplace. In fact, the state is now the recipient of $674 million federal dollars for the implementation of its health insurance exchange.…
Read MoreHealth insurance for small businesses still being considered by Walmart
The retail giant is still deciding whether or not it is interested in entering into that sector of the industry. Though no commitment has yet been made by Walmart, the massive retailer has indicated that it is still considering the option of offering health insurance to small businesses. It has already invested a great deal into its pharmacies, but it is taking care with future steps. Last week, there were discussions about the company’s interest in becoming involved in the small business health insurance sector, which is an area where…
Read MoreHealth insurance for transgender patients still being denied in Oregon and California
These two states require coverage of this nature and are telling insurers to stop denying healthcare. California and Oregon regulators have now issued a relatively quiet directive to some health insurance companies in order to have them cease their policies for denying coverage to transgender patients due to the nature of their gender identities. Insurers in these states aren’t required to provide specific medical treatments but cannot deny healthcare. The regulators in California and Oregon have now instructed some private health insurance companies that they cannot deny the claims for…
Read MoreHealth insurance savings on its way for residents of New York
Those living in the state will be saving over $500 million on coverage premiums this year. Andrew Cuomo, the Governor of New York state, has just announced that the new power that has been given to the state to limit the increases in health insurance rates is already showing its benefits to the residents of the state. The state has limited a number of increases that insurers had proposed within the state. Cuomo said that this year alone, New Yorkers will not have to pay the over half a million…
Read MoreInternational insurance news from China shows rural medical coverage boost
Health plans for residents of areas outside of urban and suburban zones will receive larger government subsidies. On Monday, China made international insurance news with its latest announcement from the health minister of the country, Chen Zhu, which stated that the government of the nation would be increasing the subsidies that it provides to the medical coverage available to rural residents in 2013. The annual subsidy will be increased by an average of 40 yuan per person. The government subsidy that will now be available to rural residents in this…
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