by Amy Gillentine Published: February 18,2010
Tags: Health Care, Humana, Insurance, job cuts
Humana will cut its work force by 5 percent, or 1,400 people, during 2010, the result of lower enrollment rates at the insurance company. The company plans to reduce the impact of 2,500 job cuts by adding 1,100 jobs in medical-cost containment, pharmacy management and specialty products - the company’s growth areas. Humana said the reductions will [...] [...]
by Amy Gillentine Published: January 29,2010
Tags: Insurance, Small Business
If insurance plans cost more, small businesses want more Small businesses say they are being shortchanged by their health insurance companies. A recent PricewaterhouseCoopers report shows businesses expect more from their insurance companies — They want more information, more technology and more health and wellness. Premiums continue to rise — particularly in the small group market, and business [...] [...]
by Amy Gillentine Published: November 20,2009
Tags: Insurance
Long-term care insurance has problems, but still best choice available for most Insurance might not be the perfect solution to long-term care for the elderly, but it is currently the only solution available. Long-term care insurance is supposed to pay for treatment in a nursing home, assisted living facility or for a home health nurse when seniors [...] [...]
by Amy Gillentine Published: November 6,2009
Tags: Health Care, Insurance
For the ninth consecutive year, the Colorado health insurance market experienced a double-digit rate increase. The annual Lockton Benefit Group survey shows that premiums statewide will increase 11.8 percent next year. “This survey is significant in that it demonstrates that the rate of increase in the cost of coverage in Colorado greatly exceeds the national average,” said [...] [...]
DENVER (AP) - A Colorado insurance company is changing its attitude about fat babies. Rocky Mountain Health Plans said Monday it will no longer consider obesity a “pre-existing condition” barring coverage for hefty infants. The change comes after the insurer turned down a Grand Junction 4-month-old who weighs about 17 pounds. The insurer deemed Alex [...] [...]
by Amy Gillentine Published: August 21,2009
Tags: Doctors, Health Care, Insurance
Study claims that doctors are dramatically raising prices for out-of-network care The health insurance industry has fired another salvo in the health care reform battle, releasing a study that claims doctors are overcharging patients — sometimes by as much as 4,000 percent. America’s Health Insurance Plans claims that doctors who choose not to participate in health networks charge fees [...] [...]
by Amy Gillentine Published: August 21,2009
Tags: Cyberknife, Insurance
Some insurance companies still wary of new cancer treatment Westley Fong wasn’t supposed to live to see Christmas this year. His oncologist told him there was nothing more he could do for a tumor behind Fong’s eye. His stage four cancer, in remission since 2003, had returned and spread to his lower back. But Fong didn’t give up [...] [...]
by Rebecca Tonn Published: August 7,2009
Tags: Insurance, Northwestern Mutual Financial, Six & Geving
One hundred years ago, insurance probably was one of the last things business owners thought about. But technology, litigation and the Internet have permanently changed the cultural and business landscape of America, not to mention the world. And insurance has evolved. “Insurance mimics society — it’s ever-changing, based on the way people do business,” said Dave Reitan, [...] [...]
by Staff Writer Published: July 21,2009
Tags: Assurant Health, fine, Insurance
Time Insurance Co., which does business under the name of Assurant Health, has been fined $90,000 for violations of state insurance laws. A market conduct examination performed by the Colorado Division of Insurance found the following violations for calendar year 2007: Failure to maintain required records. Failure to include a required disclosure regarding portability of prior coverage in [...] [...]
by Rebecca Tonn Published: June 26,2009
Tags: Insurance
Colorado’s Front Range lies within two volatile pathways known as “Hail Alley” and “Tornado Alley.” The state also tied with Florida last year for the most lightning casualties in the nation. Two summers ago, golf-ball sized hail battered north Colorado Springs and Pueblo, causing $59.6 million in insured damages to residences and automobiles. Prior to that, hailstorms [...] [...]
