health insurance News

Lockout of Gas Workers to be Focus of Massachusetts Legislative Hearing

Massachusetts lawmakers are considering a bill that would require National Grid to provide health insurance to locked-out gas workers and prohibit public funds from flowing to the company until the labor dispute ends. The bill scheduled for a legislative hearing …

Healthier Workplaces Help to Reduce Group Insurance Costs: Canada’s Manulife

When Canadians hit the gym, they’re not the only ones who benefit. Their insurers stand to gain as well. “If we can have a healthier workplace it is going to decrease disability costs, it’s going to decrease general health costs …

I’m Trying to Figure out my Health Coverage. Rant ahead.

It’s time for another departure from what I normally write about. Or maybe I should just realize that I don’t “normally” write about anything consistent. I finished my annual trip down open enrollment lane. Oh yes. I finally did it. …

Canada’s Intact Financial Not Planning to Insure Recreational Cannabis Industry

Don’t expect Intact Financial Corp., Canada’s largest property and casualty insurer, to insure the recreational-cannabis industry anytime soon. “It’s not seen as the pot of gold that we should chase after,” Chief Financial Officer Louis Marcotte said Tuesday at the …

Icahn Warns Cigna Shareholders to Vote Against ‘Overpriced’ Express Scripts Deal

Activist investor Carl Icahn said shareholders in Cigna Corp. should vote against the $54 billion takeover of pharmacy-benefits firm Express Scripts Holding Co. because the health insurer is “dramatically overpaying.” “Cigna management is offering to pay an all-time high price …

Cigna Confident About Express Scripts Deal, Despite Icahn Opposition

Cigna Corp. said on Thursday it was confident of winning shareholder approval for its $52 billion Express Scripts buyout, a day after reports that investor Carl Icahn had picked up a stake in the insurer and was planning to vote …

Investor Icahn to Oppose Cigna-Express Deal, Fearing Amazon Threat: Sources

Activist investor Carl Icahn has built a sizable stake in Cigna Corp. and plans to oppose the health insurer’s $54 billion takeover of pharmacy-benefits firm Express Scripts Holding Co., according to people familiar with the matter. Chief among Icahn’s concerns …

Canadian Health Insurers Reluctant to Provide Cover for Medical Marijuana

Sun Life Financial, Canada’s No. 2 insurer, recently started covering medical marijuana in its Canadian health insurance plan – more than 17 years after the country first legalized it. The coverage, which requires employers to pay a premium, extends only …

South Africans Overpaying Healthcare with Limited Competition to Blame: Watchdog

South Africans are paying too much for private healthcare, the country’s antitrust watchdog said on Thursday, adding patients are sometimes prescribed treatments they don’t need by an industry with limited competition. Presenting its findings of a four-year investigation into the …

Modi’s Plan to Provide Health Insurance to Half a Billion Indians Hits Serious Hurdles

Prime Minister Narendra Modi’s plan to provide health insurance to half a billion Indians — a mass of people larger than the entire population of South America — before he seeks a fresh mandate next year is already facing serious …