Bipartisan bill looks to tweak some Medicare Part B payments
A new bipartisan bill proposes amendments to ensure more “appropriate” drug and biologicals payments for community oncology practices, which are struggling to provide the demand for care, under the...
View ArticleU.S. antitrust probe of Blues widens to Md., N.C., 4 other licensees
The U.S. Justice Department has expanded an investigation of Blue Cross/Blue Shield licensees’ alleged anti-competitive agreements with hospitals beyond Michigan, where it filed an antitrust lawsuit...
View Article6 ‘best’ state insurance websites listed; others lagging
Consumers can access the “best” insurance information from state insurance department websites in California, Georgia, Kansas, Ohio, Texas and Utah, while other states’ insurance regulatory websites...
View Article18 state groups collect Big I Excellence in Insurance Education Awards
The Independent Insurance Agents & Brokers of America (Big I) recently recognized 18 independent insurance agent associations with Excellence in Insurance Education Awards at its education...
View ArticleColo. health plan owner admits defrauding, embezzling up to 250 clients
The owner and operator of a Colorado health plan company pleaded guilty to several charges related to his defrauding and embezzling medical benefit clients of up to $7 million. Gerald Rising Jr., 60, a...
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Group pushes discrimination claim against Kan. abortion insurance law
A national advocacy group asked a Kansas federal judge to reject the state’s request to prohibit the group’s claim arguing that a law restricting insurance coverage for abortion discriminates against...
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Insurers’ lost $32B from natural disasters in first nine months of ’11
Natural disasters cost insurance companies more than $32 billion in direct insured losses in the first nine months of 2011, nearly double the average of other years, according to the Insurance...
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Coventry completes deal for Kansas Medicaid health plan
Coventry Health Care said it completed its acquisition of the business of Children’s Mercy’s Family Health Partners, a Medicaid health plan operated by Children’s Mercy Hospital in Kansas City, Mo....
View ArticleLarsen, man behind the MLRs, leaving health reform position
Steven B. Larsen, who has been directing the implementation of one of the most controversial aspects of federal health reform, is leaving his government position to take a job at UnitedHealth Group....
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National Flood Insurance Program extension to 2017 ‘watershed moment’
Congress approved a five-year extension to the National Flood Insurance Program, ending four years of short-term extensions that fueled uncertainty and several lapses in coverage. Courtesy: George...
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Virginia Farm Bureau Mutual expanding with New York acquisition
A Richmond, Va., insurance company is purchasing a New York-based property-casualty insurer that provides far, auto and home insurance in 10 states. Virginia Farm Bureau Mutual Insurance Co. of...
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Six more states join multi-state challenge to health reform law
Six more states have joined the multi-state challenge, asking a federal judge in Florida to deem the health reform law passed last year unconstitutional. Bill McCollum Iowa, Kansas, Maine, Ohio,...
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In light of court ruling, is Obamacare nightmare just beginning?
The recent judicial trend seems to be that the signature legislation of President Obama and congressional Democrats is that their effort to seize one-fifth of the U.S. economy from the private sector...
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Six states, consortium to build models for online health exchanges
Six states and a consortium of New England states will receive a total of about $241 million from the U.S. Department of Health and Human Services (HHS) to design and implement online health care...
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‘Cloud’ computing brightens IT skies for insurance agency owners
Correction: Cloud computer spending worldwide will reach $42 billion, not $4.2 billion, in 2013, according to IDC research. Updated 10:43 a.m. ET, Feb. 23, 2011. The insurance industry is expected to...
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