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Posts Tagged ‘health insurance’

Insurance division grant allows closer eye on insurance cos.

by Amy Gillentine Published: September 22,2011

Tags: consumers, Division of Insurance, health insurance, premiums

The Colorado Division of Insurance will be keeping a closer eye on insurance companies and their ever-increasing proposals to raise premium levels. The division will use a $4 million, three-year federal grant to more accurately and efficiently review the rate increase proposals. Last year, insurance carriers in Colorado increased their rates on average of 9 percent. The [...] [...]

IBM putting Watson to work in health insurance

by Staff Writer Published: September 12,2011

Tags: Blue Cross and Blue Shield, health insurance, IBM, WellPoint

Enough with the fun and games. Watson is going to work. IBM’s supercomputer system, best known for trouncing the world’s best “Jeopardy!” players on TV, is being tapped by one of the nation’s largest health insurers to help diagnose medical problems and authorize treatments. WellPoint Inc., which has 34.2 million members, will integrate Watson’s lightning speed and [...] [...]

State insurance website offers premium answers

by Monica Mendoza Published: September 1,2011

Tags: Colorado Division of Insurance, health insurance

A new health insurance website launched today from the Colorado Division of Insurance hopes to answer the questions about the cost of health insurance — questions that plague Coloradans, officials said. “This new website will help arm consumers with the facts on what drives the cost of health insurance premiums, how to shop smart for health [...] [...]

Number of small businesses offering health insurance drops 10%

by Associated Press Published: May 9,2011

Tags: health insurance, Small Business

The number of Colorado small businesses providing health benefits to their employees in 2010 fell 10 percent from the year before, according to a report from the Colorado Division of Insurance. In the last decade, the number of Coloradans with health insurance from a small business employer dropped 50 percent from 537,996 in 2000 to 267,411 in [...] [...]

Child insurance bill now law

by Rob Larimer Published: May 3,2011

Tags: health insurance

Gov. John Hickenlooper has signed into law a bill intended to pull children’s health insurers back into Colorado’s market. Senate Bill 128, sponsored by state Sen. Linda Newell, D-Littleton, would require any company that offers individual adult health insurance policies in the state to offer individual children’s policies as well. [...]

Exchange bill needs businesses’ support (access required)

by Contributing Writer Published: April 29,2011

Tags: exchanges, health insurance

There is no shortage of opinions about the impact of Federal health care reform. For those of us who own or manage businesses, opinions are terrific material for water cooler speculation, but the real challenge we must face is to understand the practical impact of health care reform on our businesses, the people we employ and, [...] [...]

Gov. Ritter unveils new health insurance plan (access required)

by admin Published: July 6,2010

Tags: Colorado, Gov. Bill Ritter, health insurance

A new health insurance plan to cover people with pre-existing conditions is now available in Colorado. The plan began accepting customers today. Gov. Bill Ritter says providing insurance for people who've suffered from diseases could reduce the cost of health care. The plan is a result of health care reform passed by Congress this year and will be phased out in 2014 when the core parts of that legislation takes effect. Colorado is one of 29 states that will administer their own plans. The federal government will run the program in the remaining 21 states. [...]

Colorado workers pay higher share of premiums (access required)

by Amy Gillentine Published: June 16,2010

Tags: Colorado, Colorado Division of Insurance, health insurance, workers

Colorado’s workers are paying a higher share of health insurance premiums than their counterparts in the rest of the nation. The Colorado Division of Insurance released its annual report this week, and reported that while premiums in Colorado mirror increases nationwide, employees shoulder more of the payment than the national average. More Coloradans were also covered by [...] [...]

Insurance legislation both friend and foe to consumers  (access required)

by Amy Gillentine Published: February 19,2010

Tags: General Assembly, health insurance, legislation

Transparency, standardization and efficiency. That’s what legislation this session would require insurance companies to include when writing policies. Here are some of the health care bills: House Bill 1038 seeks to establish a database of claims throughout the state to better understand how Colorado is spending its health care dollars. The information from the database will be used [...] [...]

Lack of health insurance means more bad medical debt  (access required)

by Rebecca Tonn Published: February 19,2010

Tags: ATD Resources, bad debt, health insurance

The medical billing field has been affected by the recession and higher unemployment, which means more people using emergency rooms are opting to self-pay — without insurance. During 2009, the self-pay population increased from 25 percent to 30 percent at ATD Resources LLC in Lakewood, a medical billing company that specializes in billing for 60 physicians [...] [...]

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