Backlash continued to rain down on Gov. JB Pritzker Wednesday following his decision last week to close enrollment for a state-funded health insurance program for immigrants under 65 as other Illinois officials highlighted that a bill is sitting on the governor’s desk that would allow the state to issue regular driver’s licenses for noncitizens.
Though not connected, the two issues took center stage as Pritzker continued to push back against criticism from Latino lawmakers and immigrant advocates that his administration’s decision on the health insurance program was “immoral and fiscally shortsighted.” Pritzker has defended the move because program costs are…
health insurance companies
Generali appeals against health insurance premium cap in Slovenia
June 19 (SeeNews) – Italian insurer Generali has filed an appeal with Slovenia’s Supreme Court demanding that the cap on supplementary insurance premium be scrapped, local media reported.
The 35.67 euro ($39.0) upper price limit for supplementary health insurance has a negative effect on the operations of the company, as it is not sufficient to cover all obligations amid the higher costs of medical services, the STA news agency quoted sources from Generali as say.
Earlier this year, Slovenia’s Appeals Court dismissed an appeal by Generali, Triglav and Vzajemna against the price limit, set by the Slovenian government in mid-April.…
Many Americans Face Insurance Obstacles Over Medical Care and Bills
A majority of Americans with health insurance said they had encountered obstacles to coverage, including denied medical care, higher bills and a dearth of doctors in their plans, according to a new survey from KFF, a nonprofit health research group. As a result, some people are delayed or skipped treatment.
Those who were most likely to need medical care — people who described themselves as in fair or poor health — reported more trouble; three-fourths of those receiving mental health treatment experienced problems.
“The consequences of care are delayed and missed altogether because of the sheer complexity of the system…
Health insurance companies in Connecticut request double-digit price hikes
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…
Desjardins’ income falls 24 per cent in the first quarter
For the quarter ended March 31, Desjardins Group recorded surplus earnings before member dividends of $342 million.
This represents a decrease of $109 million compared to the same period in 2022, when surplus earnings were $451 million. The 2022 amount was adjusted, leading to a 24 per cent downturn over a 12-month period.
Data for the first quarter of 2022 have been adjusted, as for all insurers, to reflect changes to IFRS accounting standards. Comparison with the previous year must be done with caution, the cooperative points out.
Property and casualty insurance
In P&C insurance, Desjardins posted a net deficit…
Arch Insurance names VP of distribution for accident & health
Arch Insurance names VP of distribution for accident & health | Insurance Business Canada
InsuranceNews
Arch Insurance names VP of distribution for accident & health
Hire brings over two decades of industry experience
InsuranceNews
By Mika Pangilinan
Arch Insurance North America has appointed Rebecca Raisley (pictured) as vice president of distribution for its accident & health (A&H) business unit.
Raisley has over two decades of experience in the A&H industry. Prior to joining Arch, she was head of retail distribution for A&H at AIG, responsible for leading the national sales team and overseeing corporate and specialty A&H products. She also…
Over 35K Georgians risk losing health insurance after state places company into receivership
article
ATLANTA – More than 35,000 Georgians will lose their health insurance unless they find a new provider before August.
The state Insurance Commissioner announced that policyholders with the Friday Health Plan will have their coverage end at the end of the day on July 31.
The state is taking over the insurance company, saying that it is insolvent and cannot raise additional revenue from outside investors.
Friday Health Plans of Georgia Inc. was placed into administrative supervision by consent order after it was reported a deficiency in March.
“During this period of enhanced supervision our office has closely monitored…
Are You Prepared for an Audit?
The Federal Government is constantly auditing healthcare entities. A recent Michigan settlement resulted in prison time and a hefty repayment for violations of the False Claims Act.
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If your compliance plan needs to be updated, now is the time.
You want to make sure that your practice is protected so that you are not faced with a similar situation as a vascular surgeon from Bay City, Michigan.
A vascular surgeon was…