Health Insurance Roundup, April 20, 2016

CSI Faces Health Insurance Cost Increase | Southern Idaho Education |

The College of Southern Idaho will see a 12 percent cost increase for health insurance next year, but employees’ monthly contributions will stay the same.

College trustees voted unanimously Monday to enter into contracts with health insurance providers for fiscal year 2017, which begins in July. CSI will absorb extra insurance costs.

Many businesses and public agencies are struggling with increased insurance costs — a nationwide trend. 

Des Plaines aldermen override veto, keep health insurance

Des Plaines aldermen Monday voted to override a veto by Mayor Matt Bogusz that will allow them and other city elected officials to keep their taxpayer-funded health insurance benefits.

With six out of eight city council members voting in the affirmative, it marks the first time aldermen had enough votes to override Bogusz, in what is the second veto of his three-year tenure. 

Group Health Insurance Savings for Small Employers Skyrocket With New Enrollment Strategy

The New Group Health Insurance Mandate has forced employers to provide health insurance to their full time employees while paying a minimum of 50% of the plan premium. If employers do not abide to these rules, they could be fined up to $2000 per full time employee. At the moment, there are companies that offer their services to help employees enroll into health plans at no cost to the employer.  

Health-insurance scheme for BPL families proves ineffective

The much-hyped health insurance scheme for the Below Poverty Line (BPL) families, Bhagat Pooran Singh Sehat Bima Yojna (BPSSBY), seems to be of no use to the beneficiaries because most of the private and even government institutions are reluctant to admit them.At least this has been the case with Nishan Singh of Vallah who took his ailing mother, Balbir Kaur, to six of such institutions but none admitted her as a BPSSBY beneficiary. However, all these hospitals were ready to admit her as a normal patient who would have to pay all the charges applicable as per the hospital rates, claimed Nishan Singh. He said her mother is suffering from some neurological problem. 

UnitedHealth leaving all but a ‘handful’ of public health insurance exchanges | Business Insurance

Citing poor enrollment and high-risk customers, UnitedHealth Group Inc. said Tuesday that it will exit the public health insurance exchange market next year except for just a “handful of states,” despite reporting a strong overall first-quarter performance. 

Medicaid expansion significantly boosts insurance coverage among low-income adults: Health care utilization, diagnoses of chronic health conditions and quality of coverage also improved — ScienceDaily

States that expanded Medicaid coverage under the Affordable Care Act saw a significant increase in rates of health insurance among low-income adults compared with states that did not expand the program, researcher have found. They also found improved quality of coverage, more frequent use of health care, and increased rates of diagnoses for chronic health conditions. 

Group Health Insurance – How Many Americans are Offered Coverage?

Despite the market shifts in the United States toward individual health insurance coverage, the majority of nonelderly Americans (56 percent) still receive group health insurance coverage through an employer. The coverage rate, however, has decreased slowly from 67 percent in 1999. This is according to a new study by the Kaiser Family Foundation (KFF) that analyzed offer and coverage rates in 2014.  

About 118,585 families registered under PM’s Health Insurance Programme

As many as 118,585 families have been registered under the Prime Minister’s Health Insurance Programme across the country to get free of cost medical treatment facilities.

The State Life Insurance Corporation of Pakistan, who is managing the programme, is in contact with the provincial governments to make the programme successful, Commerce Minister, Khurram Dastgir Khan was informed during a briefing by Head of the Corporation, Nargis Ghaloo here. 

Donovan bill to lower Western Slope health insurance rates clears Senate committee – Real Vail

A bipartisan bill to lower Western Slope health insurance rates sponsored by state Sen. Kerry Donovan, D-Vail, made it out of the Senate Committee on Health & Human Services late last week. HB 1336 (pdf)already passed in the House

The Underinsured Flock To Free Health Clinics : Shots – Health News : NPR

Denise Johnson works two jobs, but neither of them offers health insurance to part-timers like her. She signed up for a marketplace plan this year, but for routine medical care Johnson still goes to the free clinic near her home in Charlottesville, Va. 

Insurance in India and the West: A comparative study : Money Today, News – India Today

Insurance, like many things, may be demographical but is most certainly not a geographically regional requirement. Accidents and death will occur, no matter what part of the city, country or world you live in. As a result, insurance needs to be prevalent in all countries of the world. Indian insurance may be almost two centuries old now, with its earliest origins in 1818, but it still has a long way to go to be as potent and as pervasive as insurance in the West. 

Obamacare meltdown: Health insurers suffer massive losses

The nation’s largest health insurer, UnitedHealth, announced Tuesday it has lost at least $1 billion under Obamacare’s insurance exchanges, and it can no longer afford to participate in a number of states, including Arkansas, Georgia and Michigan. 


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.