Health Savings Accounts, more commonly known as HSA, were launched by the government in the 4Q of 2003. Initially the effectiveness of these health insurance vehicles was questioned, due to the slow adoption rate by Americans, but now five years later HSAs have proven to be a great way to save money if you understand [...]
Archive for September, 2008
New Individual Health Plan for Arizona residents
Last week, Blue Cross and Blue Shield of Arizona (BCBSAZ) announced the launch of 5 new Arizona individual health insurance plans . The new plans deliver a wide range of co-insurance and deductible levels and can save customers as much as 40% from previous health insurance options. The new individual health insurance plans offered by [...]
Health Discount Plans – A Crack Down
Hartfordbusiness.com reports that on October 1 a new law will go into effect in Connecticut that regulates health discount plans. Since April, the state department of insurance has received dozens of complaints about health discount plans, many times when people buy mistakenly thinking that they are buying health insurance. Health discount plans provide discounts on [...]
UnitedHealthcare’s Health Plan For Spanish Speaking Employees.
UnitedHealthCare has launched a health plan in Texas designed specifically to help enhance the well-being of Spanish speaking Hispanics and their families. The plan called PlanBien, includes culturally relevant information and programs tailored to meet the health care needs of Hispanics such as: 1. Specialized educational materials printed in Spanish. 2. Bilingual photo stories depicting [...]
Affordable Health Insurance in Florida
Nine health insurance companies, including Blue Cross Blue Shield of Florida (BCBSF), have agreed to participate in a plan to provide affordable health insurance coverage to the 3.6 million Florida residents that are currently uninsured. The plan proposed by Governer Charlie Crist is called Cover Florida. The Florida health plans offered by carriers as part [...]
Health Care Costs Likely to Rise for Employees
In a recent survey conducted by Mercer Consulting, more than half of the 1,500 companies surveyed (59%) said that they planned on keeping their health care costs in check by raising the deductibles, co-pays and out-of-pocket spending limits that their employees must pay. On average health care costs in 2009 are expected to rise about [...]
