health insurance News

Midwest States See Gains in Health Insurance Coverage

Several Midwest states report significant drops in the number of residents without health insurance. New data shows nearly 200,000 Wisconsin residents gained some form of health insurance between 2013 and 2015. In Illinois, under the Affordable Care Act, the number …

Carrier to Exit New Jersey Health Exchange Marketplace

State officials say a health insurance carrier is leaving New Jersey’s health exchange marketplace created under the Affordable Care Act, or ACA. Officials with Health Republic of New Jersey say the insurance co-op has been under “considerable financial strain” due …

Chinese Firms Enter Private Health Insurance Market for Growth Opportunities

Gaming firms, real-estate companies and drugmakers in China are chasing what they hope will be the country’s next hot commodity: private health insurance. At least 29 publicly traded Chinese companies have announced plans to invest in commercial insurance businesses since …

New Hampshire Encourages Proper Coverage for College Students This Fall

The New Hampshire Insurance Department is advocating that families sending students to college get the right insurance coverage for their children. “We recommend that when college students and their families prepare for the beginning of the school year, they discuss …

Chinese Forced into Massive Debt to Pay for Vital Healthcare

As China’s medical bills rise steeply, outpacing government insurance provision, patients and their families are increasingly turning to loans to pay for healthcare, adding to the country’s growing burden of consumer debt. While public health insurance reaches nearly all of China’s 1.4 …

California’s Commissioner is Asking U.S. to Stop Anthem-Cigna Deal

California’s insurance commissioner wants the U.S. Department of Justice to block health insurer Anthem Inc.’s acquisition of Cigna Corp, saying he is concerned it will raise premiums in the state. California Insurance Commissioner Dave Jones, who does not have authority to …

Canada Health Startup Uses App to Connect Employees with Services

League Inc., a Canadian health-insurance startup, is raising $25 million in a funding round backed by Omers Ventures, Royal Bank of Canada and Manulife Financial Corp. Toronto-based League lets employees find and pay for services such as therapy, dental work …

Missouri Governor Signs Bills Expanding Access to Medicines

Missouri Gov. Jay Nixon has signed two bills aimed at expanding patient access to either cheaper biologic drugs or more expensive prescriptions. Nixon signed the legislation on June 8. One bill includes new rules for step therapy, which is the …

Health Insurers Seek Big Premium Increases in Pennsylvania

Pennsylvania’s insurance regulators are starting a review of health plans for coverage next year through the federal marketplaces, including several that seek premium increases in excess of 40 percent. The Pennsylvania Department of Insurance said the proposed premium increase for …

New York Bill Aims to Expand Contraception Insurance Coverage

Advocates, lawmakers, and physicians are calling for the passage of a bill that would provide insurance coverage for all FDA approved contraceptive drugs and products in New York. The Comprehensive Contraception Coverage Act would guarantee co-pay free coverage, allow access …