According to a report released by the US Census Bureau, both the number and percentage of uninsured Americans decreased in 2007. The report cited 45.3 Million Americans as being uninsured or 15.3% of the population down from 47.0 million (15.8%) Other report findings: 1) The percentage of Hispanic that were uninsured declined from 34.1% to [...]
Archive for August, 2008
COBRA – What are my alternatives?
COBRA allows you to temporarily continue your employer sponsored health coverage (albeit at a relatively high cost) in the event that you are laid-off or otherwise become out of work. However, while continuing health coverage may be right for some people, there are other options that you can and should consider. COBRA will likely be [...]
Saving Money on Health Insurance Through Fitness?
Living a healthy lifestyle through exercise and fitness has obvious benefits to you related to your physical wellbeing, but can it also benefit your pocketbook? Health Care is a growing expense for Americans. A full 16% of GDP is spent on health care, up from 9% in 1980. While health insurance helps defray the out-of-pocket [...]
Humana Launches Tool for Individual Health Insurance Shoppers
Humana recently announced the launch of a new online tool to assist shoppers who apply for individual health insurance through HumanaOne. The new PlanPointer tool can be found on www.Humana-One.com in most states where Humana offers individual health insurance plans. The tool guides health insurance shoppers in selecting, personalizing and applying for a health insurance [...]
Senior Whole Health is Growing Fast
Inc. Magazine recently named Senior Whole Health (SWH) the fasted frowing private company in the country, after the Massachusetts based company experienced revenue growth of more than 30000% between 2004 and 2007. SWH provides a health care plan to over 6,000 low-income seniors (eligible for both Medicare & Medicaid) in Massachusetts, New York and Connecticut. [...]
Sanctions Over Children’s Health Insurance?
The AP reports that the new requirements unveiled by the Bush administration last year for states that utilize a state/federal health insurance program to cover children whose families earn to much (250% of federal poverty level) to qualify for the low-income health program is losing steam. The Proposed Changes included: 1. Children must be uninsured [...]
Florida Health Insurance Companies Challenge Proposed Rule
According to the Kaiser Daily Health Report, a proposed rule that would standardize the application and medical questions that are used for small businesses (2 to 50 employees) is being challenged by two United Health Care Group companies (UHC). The objective of the proposed rule is to close the Florida health insurance price gap between [...]
Student Health Insurance
As noted by Steve Rosen of the Kansas City Star, enrolling in student health insurance offered directly by schools aren’t always a good idea. Many school-sponsored health plans are clearly inferior to comparably priced alternatives from private health insurance carriers, and can leave families exposed to crippling medical bills. More than 50% of colleges across [...]
Underinsured in South Carolina
As written in Charleston.net, nearly 10% of South Carolina residents (nearly 400,000) are “underinsured” (defined as a person who spends 10% or more of their income on out-of-pocket medical expenses, or has a deductible that equaled 5% or more of their income). Lacking sufficient health insurance coverage is a dangerous proposition, you could be a [...]
Blue Cross Blue Shield of North Carolina (BCBSNC) turns 75
On August 7, Blue Cross Blue Shield of North Carolina celebrated 75 years of providing health insurance to North Carolina residents. BCBSNC was founded as Hospital Care Association (a group health insurance plan) in Durham on Aug. 7, 1933, and merged with Hospital Saving Association based out of Chapel Hill in 1968 to form what [...]
