health insurance News

Cuomo Takes Steps to Keep New York Insurers in Obamacare

New York Governor Andrew Cuomo announced steps on Monday to encourage insurers to keep selling health plans in the state’s Obamacare exchange, as the companies withdraw from other markets amid uncertainty surrounding the health law. The state is tying participation …

Connecticut Governor Says State Senate Bill Ignores Insurance Industry Concerns

Connecticut Governor Dannel P. Malloy sharply criticized the Connecticut Senate for unanimously passing legislation early Friday that creates a new mandate for health insurers, arguing the bill shows a “lack of awareness and blatant disdain for the industry’s expertise.” The …

UK’s Aviva Buys Remaining 50% Share in Vietnam Joint Venture

Aviva plc has acquired VietinBank’s entire 50 percent shareholding in its life insurance joint venture VietinBank Aviva Life Insurance Ltd. Aviva also has signed a new distribution agreement with VietinBank to sell life and health insurance products through VietinBank’s network …

Oklahoma Bill Would Allow Health Insurance Sales Across State Lines

The Oklahoma House Insurance Committee has passed a bill that will allow individuals to purchase health insurance across state lines. Senate Bill 478, by state Rep. Lewis Moore and Bill Brown of the Senate, will allow the Oklahoma Insurance Department …

Starbucks in China Provides Health Cover for Workers’ Parents

Starbucks Corp. will provide Chinese workers with health insurance that extends coverage to their parents, a unique offering by the coffeehouse chain that may be used by more than 10,000 people to treat conditions such as cancer, heart disease and …

Trump Seeks Help from Insurers, Governors in Overhauling Health Insurance

President Donald Trump sought on Monday to bring the nation’s largest insurance companies on board with his plans to overhaul Obamacare, saying their help was needed to deliver a smooth transition to the Republicans’ new plan. “We must work together …

New York Announces Health Insurance Reforms to Combat Opioid Crisis

Governor Andrew M. Cuomo has announced that new health insurance reforms aimed at combatting New York State’s heroin and opioid crisis will go into effect January 1, 2017. These reforms were part of the legislative package that the Governor signed …

Union Strike at New York Chemical Plant Enters 4th Week

A strike by hundreds of union workers at an upstate New York chemical plant is now into its fourth week. Some 700 members of an IUE-CWA local walked off the job earlier this month at Momentive Performance Materials in the …

On Eve of Trump Repeal Effort, Obamacare Campaigns for ‘Young Invincibles’

Two months before President-elect Donald Trump begins his attempt to repeal the Affordable Care Act, the Obama administration and its allies are making an aggressive final push to sign-up some of the program’s most reluctant customers — young people. Healthy …

Canada’s Health Insurance Startup, League, Receives Broker License

Canadian health benefit startup League Inc said on Wednesday it has teamed up with the insurance arm of backer Royal Bank of Canada as it expands into insurance, targeting the many small businesses offering no such benefits to employees. The …