Largest Texas Health Insurer Requests to Raise Premiums on Individual Policies

by Eriksen Insurance | Jun 14, 2016 | Blue Cross and Blue Shield

Newswire reports: Blue Cross Blue Shield of Texas (BCBS), which insures approximately 603,000 individual Texas policyholders, announced a proposal to raise premiums on three popular Health Maintenance Organization (HMO) plans by almost 60 percent. The rate hike...

Feds Tightening Use Of Short-Term Health Insurance

by Eriksen Insurance | Jun 14, 2016 | Affordable Care Act

Insurance News net reports: The Obama administration wants to limit consumers’ use of short-term insurance plans, which a growing number of Americans have been buying in response to the Affordable Care Act’s requirements to have health coverage. This...

Health insurance plans to be rated based on size of network

by Eriksen Insurance | Apr 28, 2016 | Affordable Care Act, Health Care .gov

Live Insurance News reports: ” The Obama administration will now use the number of included doctors and hospitals in the ratings. In response to complaints from consumers with respect to the way health insurance plans are rated on the exchanges, the Obama...

UnitedHealthcare launches a smaller, ‘very, very different’ insurer

by Eriksen Insurance | Apr 28, 2016 | Affordable Care Act, Individual Health Insurance

Star Tribune Business reports: ” UnitedHealthcare is facing competition this year in Atlanta and Chicago from a new name in health insurance — a carrier that’s actually one of its subsidiaries. For the first time, individual shoppers are buying coverage from...

Blue Cross Blue Shield Confirms Obamacare Death Spiral

by Eriksen Insurance | Apr 28, 2016 | Affordable Care Act, Blue Cross and Blue Shield

According to The Beacon: ” The Blue Cross and Blue Shield Association, which represents 36 Blue Cross and Blue Shield plans covering 105 million Americans, has just released a study of its members’ claims data in Obamacare exchanges 2014 and 2015. It confirms...