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Aegis Health Group CEO: Dramatic changes ahead for health insurance industry

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By Diana Manos, August 20, 2014 Hold on to your seats and gear up for the most dramatic changes the health insurance industry has faced yet, says Aegis Health Group CEO Phil Suiter, in an interview with The Tennessean.  Suiter spoke with Tennessean reporter Shelley DuBois about the growing power of healthcare consumers and why insurance companies will look “radically …

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Groups claim insurance discrimination in new forms

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By Ricardo Alonso-Zaldivar, August 17, 2014 WASHINGTON (AP) – Ending insurance discrimination against the sick was a central goal of the nation’s health care overhaul, but leading patient groups say that promise is being undermined by new barriers from insurers. The insurance industry responds that critics are confusing legitimate cost-control with bias. Some state regulators, however, say there’s reason to …

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The FMO Scandal

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If you’re starting a business, you begin with a plan. Over the years, that plan is modified about 20 to 30 times before your business runs as smoothly and effectively as you first anticipated. You have high hopes and aspirations to not only make a good living, but to eventually live the life you had always dreamed of as long …

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Insurance rate hikes sought in federal marketplace

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The Associated Press, July 23, 2014 BATON ROUGE, La. — Thousands of people who bought health insurance through the marketplace created by the federal health care overhaul face price hikes next year that could top 10 percent. More than 60,000 people who get health insurance through the individual marketplace — which was expanded by the federal Affordable Care Act — …

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Health insurance rates surged this year in California, official says

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By Stuart Pfeifer, July 29, 2014 The cost of health insurance for individuals skyrocketed this year in California, with some paying almost twice what they did last year, the state’s insurance commissioner said. But Insurance Commissioner Dave Jones predicted that insurers will ease up in the coming year to prevent California voters from approving tough new rate controls on the …

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Insurance Coverage for Fertility Treatments Varies Widely

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By Tara Siegel Bernard, July 25, 2014 Sarah Patterson, a 27-year-old nurse, suffered four miscarriages over the last four years because of several medical problems, including a condition that causes cysts to form on the ovaries. After her second loss, she said, her husband asked for a divorce because he could not handle the stress. “I was heartbroken and devastated,” …

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In U.S., Uninsured Rate Sinks to 13.4% in Second Quarter

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By Jenna Levy, July 10, 2014 WASHINGTON, D.C.–The uninsured rate in the U.S. fell 2.2 percentage points to 13.4% in the second quarter of 2014. This is the lowest quarterly average recorded since Gallup and Healthways began tracking the percentage of uninsured Americans in 2008. The previous low point was 14.4% in the third quarter of 2008. The uninsured rate …

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Abortions not covered by insurance

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By Jess Seabolt, June 25, 2014 A bill prohibiting insurance policies and health maintenance organization contracts from providing coverage for abortions will go into effect July 1. House Bill 1123, authored by Rep. Jeff Thompson, R-Lizton, prohibits insurance companies from covering abortions, unless there is a specific circumstance, such as cases of rape, incest or the health of the mother. …

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General insurance industry needs a fresh lease of life

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The Financial Express, June 30, 2014 With the election handing a decisive mandate to the new government, now is the time for concrete steps to revive the economy. Budget 2014 is a critical platform wherein the government should announce macro and industry specific measures to enable the economy to return to the growth path. The general insurance industry is among …

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