If you get your health insurance through the government’s Health Insurance Marketplace, you should expect to pay more next year. Unless Congress acts, enhanced premium subsidies — technically, tax credits — in place for 2021 and 2022 will expire at the end of this year. The change would impact 13 million of the 14.5 million… Continue reading Health Insurance Premiums Poised to Jump Next Year for 13M People
Tag: health insurance
Pandemic Takes Toll on Mental and Physical Wellbeing, Leading to More Online Insurance Purchases
A Swiss Re Institute survey of 11,000 consumers worldwide conducted two years into the COVID-19 pandemic found that the pandemic has resulted in a greater focus on health and financial security. This has led to an increase in online insurance purchases as well as a greater willingness to share personal health data, particularly among the… Continue reading Pandemic Takes Toll on Mental and Physical Wellbeing, Leading to More Online Insurance Purchases
Blue Cross Blue Shield Owner Anthem Seeks to Rebrand to Elevance Health
Anthem Inc. intends to rebrand as Elevance Health Inc., with the goal of repositioning itself as a company with a broader portfolio and focus than its traditional business of health insurance. Anthem will need shareholder approval to make the change because it owns Blue Cross Blue Shield plans in 14 states. The election is set… Continue reading Blue Cross Blue Shield Owner Anthem Seeks to Rebrand to Elevance Health
Tom Coyne Joins Alliant’s Employee Benefits Group
Alliant has added Tom Coyne as Senior Vice President within its Employee Benefits Group. The longtime consultant will create customized employee benefits solutions for a diverse portfolio of clients throughout the Mid-South/Northeast regions and across the U.S. “Tom is highly regarded for his ability to design and deliver strategic solutions that accelerate growth and improve… Continue reading Tom Coyne Joins Alliant’s Employee Benefits Group
Chicago’s Holly Waldhoff Joins Alliant’s Employee Benefits Group
Alliant has added employee benefits consultant Holly Waldhoff as Vice President within its Employee Benefits Group. Based in Chicago, Waldhoff will create a full range of strategic employee benefits solutions for a diverse portfolio of clients. “Holly’s expertise across multiple facets of the benefits landscape will serve as a powerful resource for our team in… Continue reading Chicago’s Holly Waldhoff Joins Alliant’s Employee Benefits Group
Bryan Musa Joins Alliant’s Employee Benefits Team in Connecticut
Employee benefits veteran Bryan Musa has joined Alliant as Vice President within its national Employee Benefits Group. Based in Hartford, Connecticut, Musa will design and implement innovative employee benefits solutions for a diverse portfolio of regional and national clients. “Bryan adds additional strength to our team in the Northeast, combining a powerful combination of leadership… Continue reading Bryan Musa Joins Alliant’s Employee Benefits Team in Connecticut
More Americans Covered by Health Insurance in 2020, CDC Says
U.S. health-insurance coverage improved last year, with more than 90% of Americans on a plan, the Centers for Disease Control and Prevention said. The number of uninsured fell to 31.6 million, or 9.7% of the population, in 2020, according to preliminary estimates released by the CDC’s National Center of Health Statistics Tuesday. In 2019, 33.2… Continue reading More Americans Covered by Health Insurance in 2020, CDC Says
Proposed Law Would End Health Insurance ‘Birthday Rule’ that Snags New Parents
When Kayla Kjelshus gave birth to her first child, the infant spent seven days in the neonatal intensive care unit, known as the NICU. This stressful medical experience was followed by an equally stressful financial one. Because of an obscure health insurance policy called the “birthday rule,” Kjelshus and her husband, Mikkel, were hit with… Continue reading Proposed Law Would End Health Insurance ‘Birthday Rule’ that Snags New Parents
Oscar Health Seeks $1 Billion in U.S. IPO
Oscar Health Inc., the health insurance startup co-founded by Josh Kushner, is seeking as much as $1 billion in its U.S. initial public offering. The New York-based company and its existing shareholders are offering 31 million class A shares at $32 to $34 apiece, according to a Monday filing with the U.S. Securities and Exchange… Continue reading Oscar Health Seeks $1 Billion in U.S. IPO
Many Small-Business Employees May Be Close to Losing Health Insurance
A health insurance crisis may be looming for employees of small businesses, with many firms struggling to cover their share of these costs, new research from Harvard Business School finds. Nearly one-third of employers surveyed weren’t sure they could pay premiums beyond August 15, 2020, write HBS faculty members Leemore S. Dafny, Zoë B. Cullen,… Continue reading Many Small-Business Employees May Be Close to Losing Health Insurance