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Blue Cross Blue Shield of Michigan Responds to Attorney General's Complaint, Says Transaction Was Legal and Fully Authorized
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Published - 07/03/2008 12:00 AM
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DETROIT, July 2 /PRNewswire/ -- The Michigan Attorney General announced on July 2 he was filing a lawsuit against Blue Cross Blue Shield of Michigan challenging a capital transaction between BCBSM and Accident Fund.
The Attorney General has taken the position that BCBSM is not authorized by Public Act 350 ...
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Unum Reports Workers Underestimate Risks, Lack Safety Net
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Published - 07/02/2008 12:00 AM
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CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Decisions, decisions. First it was whether to participate in an HMO or a PPO. Then it was picking investments for a 401(k). Now, working Americans are becoming the decision-makers for all sorts of other benefits options and must choose how to spend their coverage dollars.
This fundamental shift leaves ...
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Health insurance, fuel costs among top small biz owners burdens
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Published - 07/02/2008 12:00 AM
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The rising cost of health insurance, fuel and energy and inflation are the top worries among small business owners, according to a survey done every four years by the National Federation of Independent Business and Wells Fargo.
The new Small Business Problems and Priorities survey shows 42.3 percent of American small ...
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Aon Consulting Hires Japanese Business Leader for Health & Benefits Practice
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Published - 06/27/2008 12:00 AM
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CHICAGO, June 26 /PRNewswire-FirstCall/ -- Aon Consulting Worldwide, the global human capital consulting organization of Aon Corporation (NYSE: AOC - News), today announced that Mike Matsumoto has joined the New York office as senior vice president and Japanese business leader for the Health & Benefits practice.
Matsumoto brings more ...
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Southwest lags in health insurance coverage, CDC says
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Published - 06/26/2008 12:00 AM
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ATLANTA — The Southwest has the lowest rate of health insurance coverage in the country, with 30% of non-elderly adults and 18% of children uninsured, according to a government study out Wednesday.
New England — with a rate of uninsured people less than half that of the Southwest — has the ...
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New AMA President Says She Will Use Position 'To Let The Nation Know That We Must Cover America's Uninsured'
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Published - 06/25/2008 12:00 AM
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American Medical Association President Nancy Nielsen last week during her inauguration speech at the annual meeting of the group promised to use "all of the power" of her position and the group "to let the nation know that we must cover America's uninsured," the Chicago Tribune ...
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California Department Of Managed Health Care Fines PacifiCare $50,000 For Improper Cancellations
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Published - 06/24/2008 12:00 AM
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The California Department of Managed Health Care on Wednesday fined the insurer PacifiCare $50,000 as part of an agreement to resolve problems resulting from policy cancellations, the AP/San Francisco Chronicle reports. PacifiCare has agreed to reinstate the coverage of three policyholders whose policies were ...
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Maryland targeting 1,500 small businesses for health insurance subsidies
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Published - 06/24/2008 12:00 AM
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Gov. Martin O'Malley unveiled a partnership Monday between Maryland and insurance carriers to help make health insurance more affordable for small businesses.
The state plans to provide subsidies for 1,500 businesses a year. The coverage, for businesses with two to nine employees, is expected to begin by October and will cover ...
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