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Health insurance plans rank ahead of cable TV service in survey

People like their health insurance plans more than their cable TV service, but less than their pharmacies and real-estate agents, according to a new Consumer Reports survey. About two thirds of people...

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A.M. Best quietly drops ratings of over 125 health insurers, Blues plans

In a move that has received little public or industry attention, and which highlights the uncertainty of the future of the health insurance industry — not to mention the volatility of the current...

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Health care costs expected to rise 10.5% in next year, insurers say

Insurance companies are expecting health care costs to increase by an average of 10.5% over the next year, slightly less than the prior year, according to Aon Consulting. A survey of more than 60...

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California forces HMOs to limit patient wait times

California became the first state to mandate that HMOs in the state provide care to their members within set time limits, a move that health plans say could lead to higher premiums. The new rules,...

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Md. Health Care Commission finds web partner for small-group plans

The Maryland Health Care Commission (MHCC) has awarded a contract to Charleston, S.C.-based software provider Benefitfocus to develop a web portal for small businesses to find health insurance. The new...

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Managed Health fined $1 million over Medicare agent licensing issues

Failure to properly license its agents for Medicare Advantage business will cost a New York health provider a $1 million fine by state regulators. Patricia Wang New York, N.Y.-based Managed Health...

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IBC to pay doctors for quality, using new pay-for-performance model

Independence Blue Cross will compensate its in-network doctors with a pay-for-performance model, a move it says will save money while improving the quality of health care. The shift would be a...

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Health reform, other forces to push employer premiums up 8.8% in 2011

Federal health reform is being blamed for up to one-quarter of the increase to employers and employees’ health insurance costs for 2011, according to a new analysis. The effects of health reform, along...

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Consumers don’t understand health insurance, need transparency

More than half of adults report they are confused about health insurance when choosing which plan to purchase, a new survey found. Survey participants had trouble understanding the total cost of a...

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N.Y regulators to conduct surprise audits on insurers, HMOs

The New York Department of Financial Services will use a recently acquired grant to analyze the administration systems of insurers and health maintenance organizations for cost efficiency. The...

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Horizon ratings downgraded as earnings continue to decline

Newark, N.J.-based Horizon had its ratings outlook downgraded from “stable” to “negative,” the result of three straight years of earnings declines, according to Standard & Poor’s. Horizon...

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Virginia Health Information offers comparison tool for HMOs

For the 11th year, non-profit health organization Virginia Health Information is making available an online reporting tool that compares and tracks the performance of 60 key cost and quality...

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