Local pilot project could be economic driver
A health care pilot project could make Colorado Springs a magnet for businesses seeking to lower health care costs. The project seeks to bundle payments for chronic illness in an effort to lower costs for companies that self-insure employees. Self-insured employers pay for the bulk of employees’ health care costs themselves, and then use a [...]
The Colorado General Assembly is considering a bill to regulate stop-loss insurance and attempt to stabilize the small-group market. It’s good news for most small businesses with traditional insurance, but could leave a handful of small businesses paying more money. House Bill 1290 also seeks to end a practice common in the stop-loss market — [...]
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After the Waldo Canyon fire tore through Colorado Springs, burning 346 homes and threatening hundreds more, homeowners were certain they’d see their insurance premiums increase. And they are, but not because of the fire. It’s because of the growing number of what the insurance industry defines as “catastrophes,” which has been mostly hail in recent [...]
Continue reading …Progressive Insurance is hiring 72 people in Colorado Springs for call center and sales jobs. A company official said Progressive was recruiting new hires here because it considers the local facility as one of its more permanent offices. “We’ve had great success in the Springs,” said Connie Dingeman, recruiting manager. “Our backup IT servers are [...]
Continue reading …Most areas of the country have only a single health insurer, according to a report from the American Medical Association, and that means that the marketplace is less competitive than it should be. The report shows that the three top managed care plans in the United States have consolidated market concentration to the point there [...]
Continue reading …he Patient Protection and Affordable Care Act failed to solve one health care riddle: how to pay for long-term care for the rising tide of the nation’s aging population.
Continue reading …Health insurance plans will soon have more benefits — coverage for pediatric dental and vision care, mental health care and rehabilitative services.
Continue reading …Ben Johnson guides people through the memories of their hallways and dresser drawers. He walks with them through their imaginations to the bathroom and through the closets and basements of the homes they’ve lost to fire. “Usually, it’s not something people want to do right away,” said Johnson, a general insurance adjuster for Farmers Insurance. [...]
Continue reading …With news this week that the Waldo Canyon fire is the most expensive wildfire for insurance companies in Colorado’s history, rumors started to fly about increasing premiums and full coverage becoming harder to get. “I think there’s a concern that there will be an immediate impact to insurance premiums,” said Carol Walker, executive director of [...]
Continue reading …Colorado’s health hasn’t improved much in the years that the Colorado Health Foundation has been releasing its report card. In fact, for the state labeled “leanest” and “most active,” health care advocates say there is a lot of room for improvement. In its latest reiteration of the state’s health report card, the state earned a [...]
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