September 25, 2015 |
Horizon Blue Cross Blue Shield of New Jersey stirred things up this month when it announced the formation of Omnia Health Alliance with just six of the state's 20 health-care systems. It also included a large physicians group, but the only South Jersey system in Omnia is the relatively small Inspira. That left health executives scratching their heads over how Horizon, New Jersey's largest health insurer, made its picks. With the Omnia network, Horizon plans to sell health insurance plans with lower premiums and lower out-of-pocket costs next year if consumers use the Omnia network or an additional eight so-called Tier 1 hospitals and health systems.
September 23, 2015 |
The City of Philadelphia has estimated that it will incur more than $12 million in costs due to the papal visit this coming weekend, and the World Meeting of Families will reimburse the city for those costs. That is according to a contract signed Friday between the city and the nonprofit organization, and made public Monday night by Mayor Nutter's office. The contract is backdated Sept. 10 and states that the nonprofit was to have provided the city with a security deposit of $2.5 million on Sept.
September 21, 2015
PET OWNERS will spend nearly $16 billion on veterinary care this year. If you're considering purchasing pet health insurance, here are five things you should know: 1. Some insurers provide discounts to AARP or AAA members, military personnel and multi-pet families. 2. Some employers offer pet insurance as a benefit. 3. Policies are available for birds, reptiles and other exotic pets. 4. Older pets can be insured, usually until they are 12 to 14 years old, but policies may exclude coverage for age-related illnesses.
September 18, 2015 |
Nearly nine million more Americans joined the ranks of those with health insurance last year, the U.S. Census reported Wednesday in the most detailed look at coverage since the main provisions of the Affordable Care Act kicked in. In 2014, 33 million Americans - 10.4 percent, a nearly 3-point drop - were uninsured, down from 41.8 million in 2013, according to the bureau. While other reports have shown a similar decline in the number of uninsured Americans - and include enrollment figures for 2015 not included in Wednesday's release - the census data are considered the gold standard.
August 29, 2015 |
An insurer of taxicabs in the Philadelphia region has been ordered liquidated by a Washington, D.C., court. Pinelands Insurance Co. Risk Retention Group Inc. is the second taxi insurer in less than a year to fail, following the insolvency of First Keystone Risk Retention Group Inc. last October. In Philadelphia, 94 of the city's 1,600 cabs are insured by Pinelands, and they have been told by the Philadelphia Parking Authority they must replace their insurance by Sept. 4. The District of Columbia Department of Insurance, Securities and Banking was ordered by the court to take over the assets of Pinelands and begin liquidation proceedings.
August 22, 2015 |
Gov. Wolf announced Thursday a series of small benefit upgrades for families with coverage though the Children's Health Insurance Program (CHIP), effective Dec. 1. Changes include removal of limits on inpatient and outpatient stays for mental-health and substance-abuse treatment, and the end of outpatient co-payments for mental-health services. Vision care was broadened to cover more types of prescription lenses and tinting. CHIP has long been considered excellent insurance, and many of the changes will apply to small portions of the 148,000 children in the program.
August 20, 2015 |
A subsidiary of Philadelphia-based AmeriHealth Caritas was one of four companies selected by Iowa officials to participate in the management of the state's $4.2 billion Medicaid program, which serves about 560,000, officials announced Tuesday. AmeriHealth and the other winners - units of Anthem Inc., UnitedHealth Group Inc., and WellCare Health Plans Inc. - will compete statewide for Medicaid beneficiaries under the program, which starts Jan. 1, 2016. Iowa officials picked four of 10 health insurer applicants that completed the process.
August 6, 2015 |
Another insurer of taxicabs in the Philadelphia region is in financial trouble, threatening for the second time in less than a year the ability of some taxi owners to insure their cabs and of accident victims to collect for their medical bills. The Philadelphia Parking Authority, the regulator of taxi operations in the city, is declining to accept insurance renewals for Philadelphia cabs written by Pinelands Insurance Co. Risk Retention Group Inc., of Washington. Last year, 272 of Philadelphia's 1,600 cabs were insured by Pinelands, PPA spokesman Martin O'Rourke said Tuesday.
July 26, 2015 |
Funeral services are scheduled Saturday, July 25, for Nicholas Monatesti, 75, formerly of Philadelphia, who died Friday, June 19, of a stroke at Flagstaff (Ariz.) Medical Center. Services are to begin at 11 a.m. at Christ the King Roman Catholic Church, 3205 Chesterfield Rd. Inurnment will be later. Mr. Monatesti lived in Downingtown from 1975 until 1983, moving to Lititz, Pa., and, later, Philadelphia. A little more than a year ago, he moved to Flagstaff, seeking good weather and mountain vistas, and to be closer to his son, Anthony "A.J.
July 26, 2015 |
Indianapolis-based Anthem Inc. said Friday that it would acquire Cigna Corp., a major national health insurer with Philadelphia origins and 1,100 local employees, in a deal that would create the largest health-insurance company in the United States. The $54.2 billion transaction is one in a series of health-insurer mergers announced recently as firms scramble to get on top of rapid changes in the marketplace. The combined company will have more than $115 billion in annual revenue and an enrollment of 53 million members.