Fraud Makes Finding Cheap Car Insurance More Difficult
Posted on August 24th, 2011
Car insurance accident fraud is so prevalent in Florida that the cost of car insurance is rising across the board. Finding cheap car insurance is harder than ever now, according to Car crash fraud cases still rising, boosting insurance for all drivers, state says. Steve Bousquets article in the St. P
Tags: Car Insurance, Cheap Car, Cheap Car Insurance, Insurance
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The Probe Into Life Insurance Company Beneficiary Payouts
Posted on August 24th, 2011
When a person purchases a life insurance policy, they should feel confident that their families will be well taken care of financially after theyve passed on. Policyholders can rest assured this is the case as long as insurance payments are made on time. However, many of these life insurance beneficiaries are unable to rest in peace after their loved one dies.
This is because a number of life insurance companies have not doing their part to properly identify and pay beneficiaries after a policyholder had passed on, as exposed by several insurance commissioners earlier this year. This prompted commissioners to dig deeper into understanding how companies were handling life insurance payouts.
Tags: Insurance, Life Insurance
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HHS To Reduce Premiums, Make It Easier For Americans With Pre-Existing Conditions To Get Health Insurance
Posted on June 27th, 2011
The U.S. Department of Health and Human Services (HHS) today announced new steps to reduce premiums and make it easier for Americans to enroll in the Pre-Existing Condition Insurance Plan. Premiums for the Federally-administered Pre-Existing Condition Insurance Plan (PCIP) will drop as much as 40 percent in 18 States, and eligibility standards will be eased in 23 States and the District of Columbia to ensure more Americans with pre-existing conditions have access to affordable health insurance. The Pre-Existing Condition Insurance Plan was created under the Affordable Care Act and serves as a bridge to 2014 when insurers will no longer be allowed to deny coverage to people with any pre-existing condition, like cancer, diabetes, and asthma. Full Post…
UnitedHealth’s 1st-quarter profit climbs 13 percent, helped by commercial health insurance
Posted on April 19th, 2011
UnitedHealth Group says its first-quarter net income rose 13 percent, led by revenue gains in commercial health insurance. The managed care company also raised its full-year earnings forecast.
The Minnetonka, Minn., insurer says it earned 1.34 billion, or 1.22 per share, in the three months that ended March 31. That’s up from the 1.19 billion, or 1.03 per share, in the same quarter last year. Revenue rose 10 percent to 25.43 billion.
Analysts expected 89 cents per share on 24.97 billion in revenue.
UnitedHealth is the largest health insurer based on revenue and the first to report quarterly earnings.
The company now expects 2011 earnings per share to range between 3.95 and 4.05. Full Post…
Tags: Commercial Health, Commercial Health Insurance, Health Insurance, Insurance
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Aetna CEO: I would be turned down for health insurance
Posted on April 12th, 2011
WASHINGTON — To a greater degree than most insurance company chiefs, Mark Bertolini has encountered his own personal challenges with the health care system.
Bertolini, the head of insurer Aetna, faced a tough time in 2001 when his teenage son Eric was diagnosed with a rare form of cancer that was considered incurable. Bertolini moved into his son’s hospital room for more than a year during treatment. At one point, his son’s prognosis was so grim that the family decided to place him in hospice, a move that meant signing “do not resuscitate” orders and making other difficult decisions.
That experience, Bertolini says, later helped guide him to make changes to hospice policy at Aetna to make it easier for families. Full Post…
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Pennsylvania Health Insurance Rankings
Posted on April 1st, 2011
JD Power and Associates is in their 5th year of ranking health insurers through the US Member Health Insurance Plan Study and according to their recent annual report Pennsylvania health insurance ranked well for overall customer satisfaction. They exceed the national average for customer satisfaction significantly.
The article “UPMC, Geisinger, Highmark lead PA Customer Satisfaction Ratings” by Bob Graham on IFAWEBNews.com summarizes the most recent results specifically for Pennsylvania. UPMC Health Plan received a score of 744 out of 1000 and performed very well in Pennsylvania in information and communication approval processes. Behin
Tags: Health Insurance, Insurance, Pennsylvania Health, Pennsylvania Health Insurance
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Aflac Offers Vision Insurance
Posted on March 22nd, 2011
Most people know Aflac as the company which covers daily costs in case of disability but they also offer other types of insurance. You may be surprised to learn that Aflac offers vision insurance. This can be a huge benefit to those who do not have the time or the information to shop around for vision insurance quotes when out of work or on disability.
According to their website, Aflac vision insurance goes beyond a traditional vision insurance policy by offering benefits for eye surgeries, certain eye diseases, as well as permanent visual impairment. They do not have any provider network restrictions, so customers have the freedom to use their own eye doctor. T
Tags: Insurance, Offers Vision, Offers Vision Insurance, Vision Insurance
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