Have you ever wondered why your health insurance premiums are so high and continue to rise? It may feel like the health insurance industry is taking advantage of consumers by rising premium costs across the board, but this isn’t necessarily true. A very interesting article on WashingtonPost.com shows a breakdown of exactly how much goes [...]
Archive for the ‘employer sponsored health plan’ Category
Businesses Choosing Private Health Insurance Over Government Option
The government option for health insurance has its pros and cons, but businesses are noticing that private health insurance could be the better choice. The article by Jamie L. Brockway, “Business Owners See Value of Private Health Plans Over Government Option” on ifawebnews.com talks about what challenges business owners face as they make this decision. [...]
Michigan Health Insurance Possibly Giving Rebates
UPDATED INFORMATION 01/25/2012 – The Governor of Michigan, Rick Snyder, announced his intent to create an Exchange which is state-based called the MI Health Marketplace. It is consistent with recommendations from the Exchange Steering Committee. Based on a federal health regulators ruling made earlier this week, about 340,000 Michigan residents who purchase their own individual [...]
Humana Promotes Healthy Living to Save Money
A growing trend among health insurance companies is rewarding customers for living healthy. With better health, insurers are hoping you will be less likely to file a claim and therefore be a more profitable customer overall. Humana has taken it a step further and is offering a full blown program focused on rewarding customers for [...]
Retirees Sue New York Over Health Insurance Rates
Approximately 40,000 retired public sector employees have sued New York State over an increase in health insurance rates. The suit was recently filed in the Albany County State Supreme Court according to the article “Retirees Sue State Over Health Insurance Hike” by Rick Karlin found on TimesUnion.com. The president of the Retired Public Employees Association, [...]
Florida Health Choices Program
The Florida Health Choices Program was first conceived in 2008, and Florida legislators are finally hoping that the health plan for small businesses in Florida launches in July of next year (2012). The program essentially sets up an “exchange like” marketplace where employers and consumers would have a single point of access to compare health [...]
Health Blue Living by BCBSM
Health Blue Living is a wellness based HMO that was launched five years ago by Blue Cross Blue Shield of Michigan. Since then nearly 500k Michigan residents have enrolled in the health plan. The plan provides discounts in monthly premium to he employee if they achieve goals such as lowering BMI, or quitting smoking for [...]
Kentucky State Pension Fund in Bad Shape
Kentucky’s state pension is not in good shape even though reform was put in place through the General Assembly back in 2008. The article “State Pension Fund In Worse Shape Despite Reforms” by John Cheves on Kentucky.com talks about what’s going on with this pension plan and how it’s affecting Kentucky health insurance. The Kentucky [...]
Smoking Driving Up Health Insurance Costs
The American Cancer Society marks the 36th Great American Smokeout today by encouraging smokers to make a plan to quit smoking. This gives many smokers the motivation to start their path towards a healthier life. Not only will quitting decrease their cancer risk, but it can end up saving them money on life and health [...]
When To Pass On Your Employer’s Health Plan
Many Americans consider themselves lucky to have an employer that offers a health insurance plan, but Linda Stern urges employees to take a closer look at their employer’s benefits before automatically going with their insurance. In her article “When To Skip Your Employer’s Health Plan” on Reuters.com, Stern talks about how she has skipped her [...]
