Last year, health insurers returned $74 million in health insurance rebates to individual health insurance policyholders, but this year it looks like small businesses will be getting the biggest share of the rebate pie:
Blue Shield of California owes $24.5 million in rebates to thousands of small-business customers, and rival Anthem Blue Cross will return . . . → Read More: Obamacare: California Small Businesses To Receive Health Insurance Rebates
Interesting report from the Kaiser Family Foundation yesterday:
People who bought their own health insurance last year saved $2.1 billion because of the federal health law, mainly because of a provision that limits how much of their premium can go to insurers’ administration and profits, says a report out today from the Kaiser Family Foundation. . . . → Read More: Obamacare: Is It Really Helping Americans Save Money on Individual Health Insurance?
For lots of employers, the answer seems to be plenty:
King County, Washington, was one of the first local governments to use rewards and penalties to encourage healthier behaviors. A decade ago, the county panicked as health care costs were growing at a pace of 15 percent every year. Then-executive Ron Sims convened a . . . → Read More: How Much Would Your Employer Pay for You To Be Healthy?
We sometimes get asked that question. It usually goes something like this, “Why should I shell out a couple of hundred dollars a month for health insurance? What are the chances I need health insurance?”
What are the chances, indeed!
After leaving college at the Art Institute of Pittsburgh last year to move to . . . → Read More: Why Would Someone Young and Healthy Buy Health Insurance?
Ezra Klein of The Washington Post wonders what it would be like if we bought televisions like we buy health insurance:
Imagine you went to Best Buy and found a great deal on a plasma television set. I want to be clear: You didn’t find a great television set. This one is actually a . . . → Read More: Is Health Insurance Like Buying TVs?
One Portland, Maine doctor seems to think so. And has the experience to prove it:
Dr. Michael Ciampi announced on April 1st that he would no longer be accepting insurance in any form as payment for his services.
But this was no April Fool’s joke: Dr. Ciampi says he decided to cut out the middleman . . . → Read More: Would We Just Be Better Off Without Health Insurance?
High-deductible health insurance may be the new normal, but is there a way shrink those sky high deductibles, even a little bit. Maybe so:
There is no free lunch. As more people buy high-deductible health plans, they’re discovering that while premiums for such plans are more affordable, the trade-off can be high out-of-pocket costs before . . . → Read More: Health Insurance: Can You Shrink a High Deductible?
We’re actually cautiously hopeful about the news on California health insurance exchange rates coming out today:
SACRAMENTO – In the first disclosure of individual health insurance premiums by the nation’s largest state, California announced on Thursday a wide array of choices for the 5.3 million people expected to qualify to purchase coverage through its online . . . → Read More: Could California Health Insurance Rates Become Affordable?
Quick! What does your family spend more on, medical costs or groceries? Well, don’t look now, but the answer might surprise you:
The cost of medical care “now exceeds the cost of groceries” for the typical American family with health insurance coverage through their employer, a new study shows.
The 2013 Milliman Medical Index, . . . → Read More: Family Medical Costs to Exceed Cost of Groceries in 2013
Have you had to reimburse your health insurance? Tell us about it in our discussion forum!
. . . → Read More: Do We Really Have To Repay Our Health Insurers?