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Firms to charge smokers, obese more for healthcareMonday, October 31st, 2011
(Reuters) - Like a lot of companies, Veridian Credit Union wants its employees to be healthier. In January, the Waterloo, Iowa-company rolled out a wellness program and voluntary screenings. It also gave workers a mandate - quit smoking, curb obesity, or you'll be paying higher healthcare costs in 2013. ...
7 More Insurers End Objections on Rate FilingsSunday, October 30th, 2011
In a competitive stampede toward transparency in health insurance premiums, seven more large carriers have dropped their objections to the public disclosure of their filings with New York State in support of rate increases. The seven followed UnitedHealth/Oxford, which this week was the first to formally end a fight ...
Out-of-pocket Medicare costs rise 2.1%Sunday, October 30th, 2011
WASHINGTON—Medicare beneficiaries will face out-of-pocket expenses that are 2.1% higher next year, the Department of Health and Human Services announced last week. Next year, the deductible for the first 60 days of a hospital stay will rise to $1,156, which is up from $1,132 this year. In addition, ...
Wal-Mart offers latest sign that employer-based health coverage is failingThursday, October 27th, 2011
When Wal-Mart, the country's largest private employer, announced the other day that it's cutting back on health coverage for workers, it wasn't just the latest sign that our healthcare system is out of reach for a growing number of people. It was also the clearest indication to date that ...
NY health firm agrees to disclose data on ratesWednesday, October 26th, 2011
ALBANY, N.Y. — New York's largest health insurance company agreed Tuesday to publicly disclose more data used to justify premium increases. The agreement with UnitedHealth Group is part of a statewide effort by state Financial Services Superintendent Benjamin Lawsky to make rate increase filings public for review by policy ...
U.S. Moves to Cut Back Regulations on HospitalsTuesday, October 25th, 2011
WASHINGTON — The Obama administration moved to roll back numerous rules that apply to hospitals and other health care providers after concluding that the standards were obsolete or overly burdensome to the industry. Kathleen Sebelius, the secretary of health and human services, said the proposed changes, which would apply ...
Massachusetts Tries to Rein In Its Health CostTuesday, October 18th, 2011
BOSTON — On the Republican campaign trail, the health care debate has focused on the mandatory coverage that Mitt Romney signed into law as governor in 2006. But back in Massachusetts the conversation has moved on, and lawmakers are now confronting the problem that Mr. Romney left unaddressed: the state’s ...
Eating Disorders a New Front in Insurance FightThursday, October 13th, 2011
People with eating disorders like anorexia have opened up a new battleground in the insurance wars, testing the boundaries of laws mandating equivalent coverage for mental illnesses. Through claims and court cases, those with severe cases of anorexia or bulimia are fighting insurers to pay for stays in residential ...
Congress gives final approval to trade bill boosting health insurance premium subsidiesThursday, October 13th, 2011
WASHINGTON—The House of Representatives has approved and sent to President Barack Obama trade legislation that includes a provision boosting federal health insurance premium subsidies for employees who lose their jobs due to foreign competition and older retirees in failed pension plans. The Health Coverage Tax Credit is part of ...
Health Overhaul Is Dealt SetbackMonday, October 10th, 2011
A U.S. appeals court in Atlanta handed the Obama administration its biggest defeat to date in the battle over the health-care overhaul passed last year, ruling the law's mandate on Americans to carry health insurance was unconstitutional. The 2-1 ruling directly conflicts with another appellate ruling in June, making ...
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