“We made insurance its own category on this year’s Fintech 50 list. Why? It’s hot. Global funding for insurtech companies jumped from $4.4 billion (410 deals) in 2018 to $6.8 billion (476 deals) last year, according to Accenture. There are full-blown digital carriers and next generation virtual brokers. The aim is to close policies online, not by talking to a human agent at a call center.
Posts Tagged ‘Hanover Park’
The Future Of Insurance: Fintech 50 2020
Friday, February 14th, 2020Should companies begin offering student-loan help to employees?
Monday, May 20th, 2019“Yes! Student loan debt is one of the most difficult financial issues facing new grads. Rising costs of tuition/education can make it hard for new grads to get a start in life – whether it be buying their first home, purchasing a new vehicle or affording other key items or investments.
Here’s who will lose their insurance if Obamacare is overturned
Monday, May 20th, 2019“The Affordable Care Act once again faces legal hurdles after President Donald Trump and his administration supported a lawsuit questioning the health-care law’s constitutionality.
If the lawsuit succeeds and the courts decide to repeal the Affordable Care Act, also known as Obamacare, millions of Americans could lose their health care if a replacement plan is not established. Though Trump wanted to replace the law with a new Republican plan before the 2020 elections, the GOP refused to bring forward its own proposal until it wins a majority in the House of Representatives.
Republicans now have a drop-dead date for replacing Obamacare
Tuesday, September 19th, 2017“Republicans have only one month to pass legislation to repeal and replace Obamacare through the process by which they tried and failed earlier this summer.
According to a Friday ruling from the Senate parliamentarian, the window to pass an Obamacare-repeal bill through the process known as budget reconciliation will close at the end of September.
Health Insurance Brokers Help Employers Lower Healthcare Costs
Friday, August 18th, 2017“When it comes to providing healthcare as an employer, cost is a major concern. Under the Affordable Care Act (ACA), applicable large employers – organizations with 50 or more full-time employees and full-time equivalent employees — are required to offer insurance to 95% of their full-time staff.
Blue Cross Blue Shield won’t credit Land of Lincoln members for deductibles
Tuesday, August 16th, 2016“A large insurer on Illinois’ Obamacare exchange has decided not to credit former Land of Lincoln members for money they’ve already paid toward their deductibles despite a request from the state to consider doing so.
Blue Cross Blue Shield of Illinois has decided it cannot waive deductible or out-of-pocket costs for Land of Lincoln members who may join Blue Cross in October, said Blue Cross Blue Shield of Illinois spokeswoman Dana Holmes on Monday.
Blue Cross, Advocate team up on new health insurance plan
Tuesday, October 20th, 2015Crain’s Chicago Business reports:
“Blue Cross & Blue Shield of Illinois and Advocate Health Care are teaming up to offer a health plan that will be one of the cheapest options the insurer offers on and off the Obamacare exchange.
The plan, called BlueCare Direct, is a marriage of two giants. Blue Cross is the largest health insurer in the state, and Downers Grove-based Advocate is the largest health care system, with 12 hospitals and more than 4,000 doctors.
Making government our last resort
Tuesday, May 5th, 2015Indiana Economic Digest reports:
“We’ve found yet another reason to mistrust a government bureaucracy that takes money citizens earned and treats citizens like serfs. The government class often act like the put upon factory foremen, whether it is making the sick wait in a line too many don’t survive trying see a physician at a Veterans Hospital or forcing the poor to jump through innumerable hoops to obtain Medicaid while hoping a loophole can be found to disqualify a person obviously in need. This last cultural trend became widespread in Indiana during Mitch Daniels’ time as governor.
Making government our last resort
Monday, May 4th, 2015Indiana Economic Digest reports:
“We’ve found yet another reason to mistrust a government bureaucracy that takes money citizens earned and treats citizens like serfs. The government class often act like the put upon factory foremen, whether it is making the sick wait in a line too many don’t survive trying see a physician at a Veterans Hospital or forcing the poor to jump through innumerable hoops to obtain Medicaid while hoping a loophole can be found to disqualify a person obviously in need. This last cultural trend became widespread in Indiana during Mitch Daniels’ time as governor. It was his administration’s weakness to fail to commit to excellence in doing those things his government was committed to do – including helping poor and disabled people. Those entitled, and we use the word without negative connotation, were poorly served.Bureaucrats, while often fine people outside of their profession, work much the same in most places and in most of history – the old Soviet Union, the old Bureau of Motor Vehicles and of course the new Internal Revenue Service.
Government Blinks Again on Obamacare
Tuesday, February 10th, 2015“If you got health insurance subsidies last year, and you’re worried that you got too much in federal tax credits and will be faced with a huge tax bill for repayment, then you can worry a little less: The IRS says that people who are liable for repayment (“clawback”) of excess subsidies won’t have to pay by April 15.
