HARTFORD, CT (WFSB) – Your health insurance could go up by around 12% next year. Connecticut attorney general William Tong calls the price hikes “exorbitant”.
In total, there are 10 filings made by 9 health insurers for plans that cover around 188,000 people.
The proposed average individual rate of request is a 12.4% increase. The proposed average small group rate request is a 14.8 % increase.
“What I’m worried about is people are going to drop off their insurance or they are going to other plans that may be more affordable but provide less coverage,” said Tong.
Tong plans to…
apply for free health insurance
International Health Insurance Market Report 2023: Keep Up to Date With Trends in IPMI and How the Market is Changing
DUBLIN, May 26, 2023 /PRNewswire/ — The “International Health Insurance 2023” report has been added to ResearchAndMarkets.com’s offers.
The latest information, facts and figures on international health insurance
International Private Medical Insurance (IPMI) is a key global health insurance product for many insurance companies, brokers and MGAs.
It is a dynamic market that is seeing major new partnerships, selling and buying of insurers or business books, technological changes and much more.
New compulsory health insurance and universal health insurance affects demand in a positive as well as negative way.
Brokers and insurers expect strong growth in 2023 and future years.…
Workers value paid time off more than health insurance, the survey suggests
Paid time off is important to many workers.Kena Betancur/Getty Images
More workers said paid leave was extremely important to them than those valuing health insurance.
That was one finding of a survey conducted by the Pew Research Center.
Almost half of workers who get paid time off don’t usually use up all their allocation, it was found.
Workers appear to value paid time off even more than having employer-funded health insurance, a recent study found.
The Pew Research Center report called “How Americans view their jobs” found 62% of the 5,900 people surveyed felt it’s “extremely” important to have paid…
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…
Rochester family urges lawmakers to pass MinnesotaCare for undocumented Minnesotans
This story comes to you from Sahan Journal through a partnership with MPR News.
By Ansari Grant | Sahan Journal
Marco Loera Alvarez’s father, Daniel, started losing weight at an alarming rate after his family immigrated to Minnesota in 2004 from Guadalajara, Mexico.
Daniel Loera, 60, also became irritable and often experienced a sudden loss of energy.
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He was later diagnosed with diabetes and hyperthyroidism, and put on prescription medication to control the illnesses. But Loera has…
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…
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…
Massachusetts’ Misguided Middle-Class Health Insurance Subsidy Expansion
Proposal to Expand Subsidies Up to $150,000 for a Family of Four Will Have Huge Unintended Consequences
The average annual family health insurance premium in Massachusetts costs more than buying a new compact car (over $21,000/yr), so it is understandable that some are calling for ways to shield patients from this ever-increasing expense. However, the latest proposal on Beacon Hill to expand insurance subsidies up to 500 percent of the federal poverty level (FPL) (ie $150,000 for a family of four or $73,000 for an individual), could have long-term irreversible impacts that merit its rejection .
(Photo by Christopher Furlong/Getty…