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Broker warns rise in claims could trigger further hikes by health insurer

Further financial pressure is being heaped on hard-pressed families with the news that another health insurer has hiked its prices. Irish Life Health announced yesterday it was upping its premiums by 5% from July this year, its second increase in the past six months, adding an extra €400 on average to bills. It is the latest insurer to add to the financial hardships households are experiencing as Laya and VHI both announced increases earlier this year. It comes at a time when families are being squeezed on all sides by rising mortgage interest rates, grocery inflation and soaring energy costs.…
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How do Americans in France register for public health insurance?

Reader question: How does an American apply for health insurance when moving to France? As a resident of France, having health insurance, either private or public, is mandatory. If you are employed by a French company and pay social contributions, you will automatically be eligible for (public) health insurance even if your social security contributions are on the job, and your employer should deal with this. The same applies in the case of doing self-employed work. However, if you are moving as a retiree or early-retiree, then part of your visa requirements will show you have a private health insurance…
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Uninsured Rate Hits Record Low of 8.3%

WASHINGTON — The uninsured rate in the US has fallen to a record-low 8.3%, but that percentage is expected to gradually increase as insurance protections from the COVID-19 pandemic wind down, according to officials from the Congressional Budget Office (CBO) . The temporary policies enacted in the wake of the COVID-19 pandemic “have contributed to a record low insurance rate in 2023 of 8.3% and record-high enrollment in both Medicaid and ACA [Affordable Care Act] marketplace coverage,” said Caroline Hanson, PhD, principal analyst at the CBO, during a briefing sponsored by Health Affairs. “As those temporary policies expire under current…
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Institute examines government’s interest in portable health benefits plans

By Kate McCaffery | May 19, 2023, 4:39 pm Researchers propose Ontario to make use of industry’s administrative expertise. this article is reserved to PRO Subscribers level You are already subscribed If your access is suspended, please verify and update your credit card in your profile. closed Close X 1. Selection 2. Sign up 3. Payment 4. Confirmation Go PROfuel your sales performance! Access to all exclusive articles, financial and product tables and special reports The magazine supplements Substantial discounts on all our events and others products Pro Levels Annual 119.40$ / year Select Most popular Pro Levels Monthly 9.95$…
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Tips on planning for dental costs if you don’t have coverage

A freelance photographer living in downtown Toronto, Armin Fares is living his dream. The 32-year-old says he worked hard to be his own boss and set his own schedule. But while working for himself offers independence, what he doesn’t offer is access to dental coverage. “I don’t have access to health benefits like you would work for a company,” Fares says. “I often fear getting some sort of dental issue like a cavity or a root canal because it’s so expensive to fix and could leave me financially vulnerable.” Fares says he has an emergency fund for unexpected health expenses,…
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What You Need to Know About Licensing and Credentialing

Many of our clients have had questions or issues regarding their license or credentialing. New physicians and physicians who have been practicing for years can all encounter issues with their medical licenses. We help our clients work to get the answers and results they need. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). Depending on the issues that you may be having, there are different approaches to take in dealing with the Bureau of Professional Licensing and the Board…
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Canada’s health insurance industry has a fossil fuel contradiction

Canada is home to two of the largest life and health insurance companies in the world – Sun Life and Manulife. Now expanding into Asia, these are Canadian success stories. Yet both have a contradiction at the heart of their business model. They are also two of Canada’s largest investors in fossil fuels, including dirty coal, investments that adversely affect the health of the clients they’re insuring. The German NGO Urgewald just published a global database of fossil fuel investors, companies that own the most stocks and bonds in oil and gas and coal companies. The top five for Canada…
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GoHealth Confirms Receipt of Unsolicited Acquisition Proposal From Centerbridge Partners and NVX Holdings

CHICAGO, May 19, 2023 /PRNewswire/ — GoHealth, Inc. (GoHealth) (NASDAQ: GOCO), a leading health insurance marketplace and Medicare-focused digital health company, as noted in a recent 13D filing, has received a proposal from its two largest shareholders to acquire all of the outstanding Class A Common Stock and LLC Interests that these shareholders do not already own. Independent members of GoHealth’s Board will review the proposal in due course. The Company remains committed to serving Medicare Advantage beneficiaries, working with health plans, and generating value for all stakeholders. About GoHealth, Inc. GoHealth is a leading health insurance marketplace and Medicare-focused…