Opinion: Limiting increases in health insurance rates is not the answer

Opinion: Limiting increases in health insurance rates is not the answer

Recently, the state Department of Insurance announced some good news: the rate increases requested by nine Connecticut insurance companies for the upcoming year were reduced from 25% to 50%. The bad news? Insurance rates for 2024 remain elevated for 188,000 Connecticut residents. Cutting the scale of an increase is still an increase. We believe there … Read more

Adopt a rescue dog? Here’s what you need to know about pet insurance | City of New OrleansEnterprise

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Listen to this article Image courtesy of DepositPhotos. Adopting a rescue or shelter dog does more than just provide a home for an animal in need. It can be a playmate for your kids, a jogging buddy for you, and a loyal companion for everyone to cuddle with on the couch. But a new pet … Read more

Louisiana lost 160,000 from Medicaid Insurance

According to state data, Louisiana has removed more than 160,000 people from its Medicaid rolls since federal protections that kept coverage in place during the pandemic ended in April. Of those, at least 53,079 people (about 33%) are children. Medicaid is a public health insurance program primarily for low-income people. It also includes some elderly … Read more

Workplace family health insurance premiums increase to nearly $24,000 this year | CNN Business

Workplace family health insurance premiums increase to nearly $24,000 this year |  CNN Business

New York CNN — Workers and their employers are paying more for work-based health insurance this year. According to KFFs, the cost of annual family health insurance at work has increased to an average of nearly $24,000 this year. Employer Health Benefits Survey, released Wednesday. That’s a 7% increase over last year. The annual survey … Read more

Mixed earnings pull stock market down; Health insurance costs could rise again

Mixed earnings pull stock market down;  Health insurance costs could rise again

Wall Street falters after mixed earnings reports NEW YORK Wall Street fell on October 18 after rising Treasury yields tightened pressure on the stock market and major US companies issued a series of mixed profit reports. Worries about war in the Middle East also pulled the market down. The S&P 500 index fell 1.3% on … Read more

Does insurance cover weight loss pills? Here’s what it will take.

Does insurance cover weight loss pills?  Here's what it will take.

The makers of Ozempic, Wegovy and Mounjaro are racing to prove that these hugely popular drugs offer health benefits beyond weight loss. and diabetes. They say doing so would make it easier for patients to get insurance to cover expensive drugs. Clinical trials are underway to see if the drug can reduce the risk of … Read more

Obesity drugs, insurance companies are related to treatment persistence

Obesity drugs, insurance companies are related to treatment persistence

DALLAS – Anti-obesity drug use may depend on certain factors, according to a retrospective cohort study. In a sample of patients who filled at least one prescription for an anti-obesity drug, 44% were still taking the medication after 3 months, a percentage that dropped to 33% after 6 months and just 19% after 1 year, … Read more

Frustrated because insurance providers dropped your drug coverage? This Ohio bill would stop that – Ohio Capital Journal

Frustrated because insurance providers dropped your drug coverage?  This Ohio bill would stop that - Ohio Capital Journal

A new bipartisan bill in the Ohio House would prevent insurance providers from dropping drug coverage in the middle of a patient’s annual plan. Now, that’s completely legal and causing problems for many people across the state. Weeks after being locked into her health insurance plan, Natalie Hastings was surprised to learn her insurance would … Read more

ASRM posters show disparities in fertility funding, insurance denials

ASRM posters show disparities in fertility funding, insurance denials

With infertility increasing equally among men and women in the United States, access and affordability are areas of concern for individuals and couples seeking fertility treatment. According to 2 posters presented at the 2023 Scientific Conference & Exposition of the American Society for Reproductive Medicine (ASRM), disparities exist in fertility funding, with some facing being … Read more

How strict should State AI rules for insurance be? | ThinkAdvisor

How strict should State AI rules for insurance be?  |  ThinkAdvisor

By Allison Bell October 17, 2023 at 03:51 pm The NAIC draft model is similar to Colorado’s new regulations. However, it is now more elastic. Some players want the state’s new insurance guidelines on artificial intelligence to fit like a billowing wool kaftan, and others want them to fit like a tight steel belt. The … Read more