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Health Insurance

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BUSINESS
November 14, 1998 | By Bob Fernandez, INQUIRER STAFF WRITER
Provident American Corp., which is developing an Internet site to sell health insurance, has agreed to sell its traditional agent-based insurance business to an Ohio company for $15 million. Central Reserve Life Insurance Co., an acquisition-minded firm in Strongsville, a suburb of Cleveland, is buying Provident American Life and Health Insurance. The Provident American Corp. subsidiary includes 27,000 agents nationwide and about 60 employees at the head office in Norristown, Peter Nauert, Central Reserve's chief executive, said yesterday.
BUSINESS
October 8, 2012
This is the first of Joel L. Naroff's monthly columns for The Inquirer's Sunday Business section. Obamacare! Nothing gets the blood boiling more than a discussion about this law. Is this a business and health-care system killer, or a medical-sector lifeline? While the political sound bites are strident and conflicting, economic logic makes it clear: A major health-insurance overhaul is needed, and how it is done will have huge implications for the region's economy. Once upon a time, health insurance was a popular, affordable benefit used by firms to attract and retain high-quality employees.
NEWS
October 27, 2011 | By Geoff Mulvihill, Associated Press
A state court judge has ruled against Gov. Christie's administration for a second time in a lawsuit over whether the state can increase judges' health insurance and pension contributions. Mercer County Superior Court Judge Linda Feinberg ruled Wednesday that New Jersey cannot increase judges' contributions while the case proceeds. Last week, Feinberg sided with Hudson County Superior Court Judge Paul DePascale, who sued the state over its pension and benefits overhaul. DePascale argued that the increases would diminish his salary.
BUSINESS
January 29, 1993 | Daily News Wire Services
State insurance regulators yesterday warned consumers and businesses who have purchased health insurance coverage from Atlantic Healthcare and United Healthcare Benefits Trust that they should find replacement coverage from licensed companies. Both Atlantic and United are unlicensed insurance companies that have operated illegally in the Philadelphia, Reading and Allentown areas, Acting Insurance Commissioner Cynthia M. Maleski said in a statement. The Insurance Department has received complaints that United Healthcare Benefits was not paying claims and had refused to answer customer inquiries.
NEWS
September 27, 2011 | By Jane M. Von Bergen, INQUIRER STAFF WRITER
The cost of health insurance skyrocketed in 2011 after several years of relatively small increases. Prices rose 9 percent for family coverage, with the average family premium reaching $15,073 and employees picking up $4,129 of that cost. Last year, family premium prices rose three percent. "This year's nine percent increase in premiums is especially painful for workers and employers struggling through a weak recovery," said Drew Altman, president of the Henry J. Kaiser Family Foundation in California, in a statement.
NEWS
November 19, 1992
Ever since Rep. Allen G. Kukovich proposed a plan for state-subsidized health insurance for poor children, it's been obvious that this is the right thing - and the smart thing - to do. It's right because thousands of Pennsylvania children do without basic preventive health care. Their parents earn too much to qualify for Medicare, yet lack job-related health insurance coverage for their families. It's smart because accessible, basic health care means healthier children. Too many kids today have to get seriously ill before desperate parents seek high-priced emergency room care.
BUSINESS
May 19, 2008
The exterior of the Corporate Synergies Group Inc. building in Mount Laurel could not be more nondescript: vanilla office park, random trees. But inside the health-insurance brokerage, it's different. It's obvious that chief executive Eric Raymond, 51, of Bala Cynwyd, had to own his own business. Otherwise, he'd have no place to display dozens of travel photographs, especially of South American monkeys. (Beats the standard hallway gallery of business patriarchs every time.
NEWS
September 5, 2007
By Matt Joyce As I slid slowly into Thomas Jefferson University Hospital's glistening, space-age MRI machine recently, preparing for a 40-minute, $1,500 procedure that would yield more than 100 images of my injured wrist, thoughts of American entrepreneurship, preventive care, and the glaring ironies of our health-care system circled through my head. Three years ago, my former college roommate, Tim Ifill, and I started a nonprofit organization called Philly Fellows. Both of us chose to forgo traditional jobs with stable salaries and benefits to build a program that we were passionate about, and that we felt would make a tangible impact on the city of Philadelphia.
NEWS
May 11, 2011 | By David G. Savage, Tribune Washington Bureau
RICHMOND, Va. - The Obama administration received a generally friendly hearing Tuesday from a panel of three Democratic appointees for its first appeals court defense of the national health-care law. Two of the three judges - Andre Davis and James Wynn Jr. - were Obama appointees, and the third, Judge Diana Motz, was a Clinton appointee. The panels are chosen randomly by computer. Lawyers for Virginia struggled to explain how the state had the legal standing to challenge the health-care mandate on behalf of its citizens.
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ARTICLES BY DATE
NEWS
August 11, 2016
ISSUE | ABORTION Support all choices A commentary, "Rather than fund abortion, let's invest in alternatives" (Sunday), presented a false choice. We don't need to choose between respecting and supporting a woman who has decided to end her pregnancy and respecting and supporting a woman who has decided to continue her pregnancy. We can and should do both. However we feel about abortion, we can agree that politicians shouldn't force a woman to make a certain decision or stand in the way of what she decides is best for herself and her family.
BUSINESS
August 4, 2016 | By Harold Brubaker, STAFF WRITER
Health insurers have requested rate changes -- including an increase of up to 32.3 percent -- for individual plans that will be offered this fall on New Jersey's Affordable Care Act marketplace this fall, according to data posted Monday on the federal web site HealthCare.gov. However, 12 of 19 insurance plans, effective Jan. 1, are seeking increases of less than 10 percent. The biggest requested increase was from Oxford Health Insurance Inc., a unit of UnitedHealthcare. Its Oxford NJ EPO (exclusive provider organization)
NEWS
July 29, 2016 | By Karen Langley, HARRISBURG BUREAU
Saying their own costs have risen, health insurance companies made their cases to state regulators Wednesday for double-digit rate increases next year for individual policies in Pennsylvania. The requests before the Insurance Department include proposed average rate increases of 17.2 percent for Aetna Health Inc., 25.4 percent to 48.1 percent for Highmark companies, 0.9 percent to 16.2 percent for UPMC companies, and 19.9 percent to 22.5 percent for Independence Blue Cross companies, according to the department.
BUSINESS
July 8, 2016 | By Harold Brubaker, STAFF WRITER
The special investigations unit of Horizon Blue Cross Blue Shield of New Jersey generated $43.2 million in savings last year by rooting out fraud, the Newark, N.J., health insurer said Wednesday. Horizon said one of the latest trends in fraud is the "phantom doctor's office," which are shell offices that submit bogus claims using stolen insurance identification numbers and then vanish. Another increasingly common scheme, Horizon said, is "the impossible day," on which a doctor claims to have seen dozens or even hundreds of patients.
NEWS
July 8, 2016
By Joe Pitts Americans who once believed that Obamacare would deliver are long past being disillusioned. President Obama promised people lower premiums and deductibles and the ability to keep their current health plans if they liked them; the opposite happened. Under Obamacare, Americans received higher premiums and deductibles and encountered insurers that dropped their plans. Americans are understandably wary of another "solution. " Late last month, Speaker Paul Ryan (R., Wis.)
NEWS
July 3, 2016 | By Julie Appleby, KAISER HEALTH NEWS
Some consumers who use health insurance copays to buy prescription drugs are paying far more than they should be and would be better off paying with cash, especially for generics. The added cost runs as high as $30 or more a prescription, say pharmacists, and the profit is largely being pocketed by middlemen who collect the added money from local pharmacies. Cash prices started to dip below copays a decade ago when several big box stores started offering dozens of generics for as little as $4 a prescription.
BUSINESS
July 3, 2016 | By Harold Brubaker, Staff Writer
Pennsylvania Insurance Commissioner Teresa Miller has scheduled a hearing for July 27 to give consumers a chance to comment on proposed rate increases on 2017 health-insurance plans to be sold on the federal marketplace, the department said Friday. "A public hearing on these rate requests fulfills the Wolf administration's high standards for government transparency, while also giving companies an opportunity to explain their requests, Insurance Department staff a chance to outline our review process, and the public a forum to express how these rates may affect them," Miller said.
BUSINESS
May 27, 2016 | By Harold Brubaker, STAFF WRITER
The Pennsylvania Insurance Department on Wednesday released preliminary rate requests for 20 small-group health plans and 18 individual plans that will be offered under the Affordable Care Act for next year. The requests for increases now under reveiw by the insurance department averaged 7.9 percent for small group plans and 23.6 percent for individual plans, but the final rates that will be posted in October could be lower. In addition, 75 percent of the Pennsylvanians who purchased insurance for this year on the exchange received a federal subsidy that reduces their cost.
NEWS
May 17, 2016
By David Woods One hears these days mutterings by disaffected Americans that if Donald Trump becomes president, they will pack their bags and leave for Canada. One assumes, of course, that no wall will be built along the border to thwart their exit. I made the reverse trip. Having emigrated from Britain to Canada, where I became the editor in chief of the Canadian Medical Association Journal, I opted to come to the United States in 1988 for personal reasons. But I was also taken with American rugged individualism and a health-care system focused on market forces and competition.
NEWS
May 5, 2016
ISSUE | CAMPAIGN 2016 Protest Trump at Penn - peacefully I assume there will be protesters at the University of Pennsylvania on May 15, considering the expected presence of Donald Trump at the School of Arts and Science's commencement ceremonies ("Penn graduation will be long on top-tier statesmen," Tuesday). They should be there to acknowledge the threat to our country posed by Trump's presidential candidacy; his domestic policy of hatred toward African Americans, Hispanics, immigrants, and women; and his foreign policy, which consists of little more than bluster and "America First" slogans.
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