healthcare News

California Assembly Speaker Sidelines Single Payer Bill until 2018

California Association of Health Underwriters President Rick Coburn applauded actions taken by Assembly Speaker Anthony Rendon, D-Lakewood, to sideline a bill that would create a single payer healthcare system in the state until next year. The Speaker postponed any further …

California’s Single-Payer Bill Comes with $400B Price Tag

A California bill that would eliminate health insurance companies and provide government-funded health coverage for everyone in the state would cost $400 billion and require significant tax increases, legislative analysts said. Much of the cost would be offset by existing …

California Lawmakers Pondering Move to Dump Health Insurers

California lawmakers are considering an audacious proposal that would substantially remake the state’s health care system by eliminating insurance companies and guaranteeing coverage for everyone. The idea known as single-payer healthcare has long been popular on the left. It’s gaining …

Oklahoma Commissioner to Host Healthcare Innovation Summit

Mobile apps, wearable heart monitors and high-tech shoe soles could help solve some of America’s healthcare problems. These cutting-edge products are among the topics up for discussion at the Healthcare Innovation Summit hosted by Oklahoma Insurance Commissioner John D. Doak. …

Ascot Taps Hiscox Healthcare Specialists, Thompson, Williamson & Keith

Ascot Underwriting Ltd. announced that Ian Thompson, Nick Williamson, and Justin Keith will be joining Ascot on March 1 to underwrite healthcare, casualty treaty, and specialty reinsurance business, based in Ascot’s office in Bermuda. The appointments are subject to regulatory …

Voters in Colorado Reject Universal Healthcare Measure

Colorado voters rejected a ballot measure on Tuesday to create the nation’s first statewide universal health insurance program, according to local NBC News affiliate 9News. The proposition, called Amendment 69, would have created one of the most dramatic overhauls to …

Covered California Prices for Small Business to Rise 5.9%

Small business employees who get health coverage through the Covered California health insurance exchange will see an average price increase of 5.9 percent next year. The figure announced last week affects roughly 28,000 people who work for companies with up …

Elderly Healthcare in APAC to Cost $20 Trillion-Plus over Next 15 Years: Marsh

Elderly healthcare in the Asia Pacific region will cost more than US$20 trillion between 2015 and 2030, according to a report published by Marsh & McLennan Cos. The report titled “Advancing into the Golden Years – Cost of Healthcare for …

Many Chinese Patients Forced to Buy Hospital Appointment Tickets from Scalpers

As day breaks, hundreds of patients wait to see doctors in a queue that snakes around the Peking Union hospital in Beijing. Many will wait in vain – “scalpers” like Yu Wei have already illegally bought and sold appointment tickets …

Update: Lloyd’s Underwriter Marketform Sells UK Med Mal Businesses to Beazley

Specialist Lloyd’s underwriter Marketform announced it has sold its UK Open Market Medical Malpractice and UK / International Delegated Authority Insurance businesses to Beazley. The team being transferred is led by Alex Wakeley, a Marketform veteran of more than 20 …