Timothy P. Carney, a columnist with the Washington Examiner, recently penned an article about the pending health care reform proposals that are being debated. Mr. Carney’s speculation is that the health insurance companies will win at the end of the day and their proposal will be accepted by Obama and his administration. The health insurers [...]
Archive for April, 2009
Health Insurance For Young & Self Employed
Young healthy adults are attractive targets for health insurance companies. Consequently some insurers tailor affordable health insurance plans at this segment of the population with individual health plans between $40 and $70 per month. Two health insurers who offer such products are Aetna (Bodyguard) and Wellpoint (Tonik). Keep in mind in order to keep monthly [...]
BCBSM – Medical Home Program
On Tuesday, Blue Cross Blue Shield of Michigan (BCBSM) announced the launch of a “patient-centered” medical home program (PCMH). Through this program, BCBSM members who are enrolled in this program will have access to health care from their primary care physicians later at night and on weekends. More than 1,000 physicians will be participating in [...]
New York City Health Insurance Is More Expensive
In the New York Post, Brendan Scott reported on shocking findings that New York City health insurance premiums have seen a significant increase over the past year, while many New Yorkers are already struggling economically. Here are some sobering statistics: From April 2008 to April 2009, the average monthly health insurance premium for a family [...]
Cobra Subsidy Law – Impact on New York Health Insurance Agents
The New COBRA Subsidy Bill that subsidizes COBRA payments for workers who have recently lost their jobs, is causing some difficulties for New York health insurance agents. The subsidy pays for 65% of an eligible workers COBRA health insurance premiums for up to 9mo. However, COBRA health coverage, and subsidy, do not apply to employer [...]
Health Insurance Coverage for Iowa Children
The Iowa house passed a stripped down version of health insurance reform that was passed by the Senate in March. The parts of the bill that passed the Senate that were carved out were 1) the authorization for small businesses and non-profits to buy into the government health plan and 2) a provision that to [...]
BCBSM Rasies Individual Health Plan Rates
Michigan’s largest health insurance company, Blue Cross Blue Shield of Michigan (BCBSM), is making changes to their individual health insurance portfolio, which in some cases will cost Michigan residents as much as $600 per month while also having to pay higher out of pocket costs. In the end of last month, BCBSM closed some of [...]
Health Insurance Gotchas
Building on yesterday’s post about being Health Insurance Caution below are 7 points made in the referenced Consumer Reports article which are tell-tale signs that your health insurance plan might be junk. Limited Benefits – Never purchase a limited benefit plan. They are not worth the money Low Coverage Limits – health insurance policies with [...]
Health Insurance Caution
The Early Show (CBS) ran a segment on Hazardous Health Insurance. The plot of the segment was that with the growing number of uninsured in America, more and more people are purchasing individual health insurance, and according to a Consumer Reports story many of these individual health plans have major coverage gaps that can be [...]
