InsuranceHeadline.com Home Headline Home Searh Insurance Directory Listings by State, City Zip Code or Detailed Keyword Search! Search News  Company Index  Add Your Listings to The Insurance Phone Book! Advertise Manage Insurance Phone Book Directory ListingsEditor Login

Insurance Headlines - Insurance Headlines.com is the premier online news source that insurance & financial professional rely on - making Insurance Headlines.com the top choice for syndicating news on the world wide web.

Headline News | Life & Health | Property & Casualty | Financial & Investments | Banks & Thrifts | Syndicate News

1
Home L&H P&C F&I Post Feeds RSS Search
 


 Free Insurance & Financial Headline Newsletters - Subscribe Today!

Choose Newsletters

Daily Headlines

Weekly Headlines

Product Promo's

Job Offers

Enter Your E-mail

Advertising Options

Post Press Releases

Post Insurance Articles

Online Advertising

Newsletter Advertising

Company Sponsors

Resources

Insurance Newsletters

Company News & Stocks

Syndicate News

InsHeadlines on Twitter

Industry Links

Archive
Su Mo Tu We Th Fr Sa
 1  2
 3  4  5  6  7  8  9
 10  11  12  13  14  15  16
 17  18  19  20  21  22  23
 24  25  26  27  28  29  30

1



Email to a friend | Print this | PDF version
See your advertisement here
Ahead of the Bell: Health Insurers

 by AP Associated Press
 Jun 26,2007

Share |

WASHINGTON (AP) -- Executives from two of the largest health insurers are expected to tell lawmakers Tuesday they are cracking down on aggressive and misleading tactics reportedly used by some of their sales representatives.

Members of the House Energy and Commerce Committee announced the hearing to investigate reports of health insurance salesmen forging signatures and switching seniors' benefits without telling them in order to increase enrollment in their Medicare plans.

Earlier this month seven insurers -- including UnitedHealth, Humana Inc., WellCare Health Plans Inc. and Coventry Health Care Inc. -- agreed to stop promoting their so-called private fee-for-service plans until Medicare officials have certified they are promoting them fairly.

Representatives from the agency that runs Medicare and health insurers WellCare and Coventry Health Care are scheduled to speak. State insurance officials will also testify and are expected to ask Congress to give them authority to regulate sales representatives operating in their states. Current law does not allow states to police companies selling Medicare plans.

Of the 43 million seniors enrolled in Medicare, about 1.3 million are signed up for privately-run fee-for-service plans.

The plans have grown increasingly popular with seniors thanks to extra benefits, such as dental care and eye exams. But critics warn the plans often carry unexpected cost and limited access to physicians, who can decide on a case-by-case basis whether to see seniors enrolled in the plans.

-------------------------------------------------------------------------------------------------

Copyright © 2007 The Associated Press. All rights reserved.



Share |

Did you enjoy this article? (total 0 votes)
Related news

Obama budget chief firm on Medicare Advantage cuts by Associated Press posted on Mar 11,2009
Poll: Enrollees like Medicare drug plan by azcentral.com posted on Jul 28,2006
Medicare | Medicare Beneficiaries Advised To Review Medicare Prescription Drug Benefit Options by KaiserNetwork.org posted on Oct 04,2006
PCMA Statement on Passage of Medicare Bill: E-Prescribing Requirement a Major Victory for Seniors by PR-Newswire posted on Jul 10,2008
Report critical of Medicare drug plan costs by Reuters-News posted on Oct 15,2007
Tough times ahead for P/C insurers by BusinessInsurance.com posted on Apr 14,2009
Insurers Ahead of Asset Management Recovery by Insurance-Networking-News posted on Aug 22,2009
Insurers See Flat Premium Growth, Losses Ahead by National-Underwriter posted on Jan 18,2010
Auto Insurers Provide More Integration Between Web and Customer Service; Progressive Drives Ahead with Excellent Rating by NAMIC posted on Mar 20,2008
Commissioner Walter A. Bell to Resign at End of August by NAMIC posted on Aug 12,2008

Comments (0 posted) 


Headline Sponsors


Sponsor

Insurance Headlines - Insurance Headlines.com is the premier online news source that insurance & financial professional rely on - making Insurance Headlines.com the top choice for syndicating news on the world wide web.

Copyright© 2005-2010 Insurance Syndication, LLC

Powered by: InsuranceHeadlines.com - InsurancePhonebook.com

Top Insurance News - Follow InsHeadlines on Twitter

Follow Insurance Headlines on Twitter and Share Insurance Industry News

About Us | Privacy Policy | Terms & Conditions | Insurance Newsletters | Free News Feeds | Advertise | Company Sponsors | Insurance RSS | Industry Links