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News
Oregon health insurance premiums face 15.5% increase
2+ day, 22+ hour ago (420+ words) The Oregon Division of Financial Regulation said last week it reviewed rate proposals from major health insurers and approved an average 16% increase for individual plans sold through the Oregon Health Insurance Marketplace. Small-business plans covering companies with up to 50 employees…...
Relation Insurance buys Gary McKeighan Insurance in California
2+ day, 22+ hour ago (241+ words) Relation Insurance Services acquired the assets of Gary McKeighan Insurance Agency, a Fresno, California-based insurance agency with more than 50 years in the market. Gary McKeighan Insurance specializes in farm, agricultural and business insurance coverage. The agency also offers personal lines,…...
US Health Insurance Transparency for Patients Act targets health insurance denial reporting
3+ day, 3+ hour ago (570+ words) Patients in the US health insurance market might soon see more data on how often insurers reject coverage requests. U.S. Rep. Ashley Hinson, R-Iowa, introduced the Health Insurance Transparency for Patients Act, a proposal aimed at making denial patterns easier for…...
Affordable Care Act subsidy cuts push more former exchange members uninsured
3+ day, 3+ hour ago (525+ words) Hospitals now see the effect of last year’s Affordable Care Act subsidy cuts with unusual clarity. Most patients who lost exchange coverage aren’t trading down into cheaper plans. They’re showing up uninsured. Lawmakers, policy analysts and think tanks spent much…...
Health insurance job lock hits 24% of U.S. workers
2+ week, 2+ day ago (952+ words) 24% U.S. workers now report health insurance job lock, according to new research from the West Health-Gallup Center on Healthcare in America. The study found that 24% of employed adults, equal to about 23 mn people, remain in their current job despite wanting to…...
New York approved a 22% workers' comp loss cost cut for October
2+ week, 2+ day ago (435+ words) New York has approved a 21.9% reduction in workers’ compensation insurance premium rates, giving businesses an estimated saving of more than $1 bn. State officials put the average saving at $1,779 per employer. The New York State Department of Financial Services approved the…...
New Yorkers lose Essential Plan health insurance coverage after eligibility cut
2+ week, 4+ day ago (460+ words) Nearly 450,000 New Yorkers removed from the state’s federally funded Essential Plan are now trying to buy health insurance coverage in a more expensive and confusing insurance market. The Essential Plan serves low-income residents who earn slightly too much for Medicaid…...
Connecticut expands health insurance coverage mandates
3+ week, 3+ day ago (260+ words) Lamont signed the bill at the University of Hartford Hanger Clinic during an 11 a.m. event with Lt. Gov. Susan Bysiewicz, Veterans Affairs Commissioner Ron Welch and state leaders. Advocacy groups representing patients affected by the covered conditions also attended the signing....
Pennsylvania AG reaches GEICO deal over AI-linked policy review
2+ mon, 1+ week ago (248+ words) Pennsylvania Attorney General Dave Sunday has announced an agreement with GEICO after an investigation into a policyholder complaint. The case involved a Philadelphia County woman who allegedly lost auto insurance after a review that included AI features. Sunday said consumers…...
Providence exits most health insurance businesses for 2027
2+ mon, 2+ week ago (480+ words) Providence will shut down most of its health insurance businesses in 2027 after decades in the market. The nonprofit health system said regulatory pressure, higher medical costs, and competition from national carriers have made the regional plan model too difficult to…...