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AMA: Insurance market growing less competitive

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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 AMA: Insurance market growing less competitive

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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 Long-term care: A problem the Affordable Care Act didn’t fix

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State moves toward new insurance standards

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Health insurance plans will soon have more benefits — coverage for pediatric dental and vision care, mental health care and rehabilitative services. Continue Reading State moves toward new insurance standards

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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 Insurance claims require recollection of belongings

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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 Insurers say Waldo fire not enough to bump premiums

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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… Continue Reading Colorado Health Foundation report card: Not much progress

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In the Wild West of the cyber world, high-tech outlaws, hackers and thieves are targeting small and large businesses alike, and not even mom and pop are safe anymore. Continue Reading Cyber attacks spawn niche business opportunities

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Insurance companies will be watching the Supreme Court arguments about the Affordable Care Act closely next month, because it could mean they can get rid of some of the reforms they consider onerous. The Supreme Court will be ruling on the constitutionality of the health care reform act, popularly known as Obamacare. If the law… Continue Reading Insurance industry eyeing health reform turn-around

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The cost of health care increased 4 percent in the third quarter of 2011 from the previous year, at least for people with employer-sponsored health insurance. The news come from the Thomson Reuters Healthcare Spending Index for Private Insurers, and also shows a .9 percent increase over the second quarter of 2011. The index tracks… Continue Reading Health insurance increased 4 percent in third quarter 2011

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A perfect storm of declining sales, increasing claims and no way to recoup investments during a down economy has hit the property and casualty insurance industry hard this year. That will mean increased rates for businesses and a buyer’s market left blowing in the wind. It’s humbug news for 2012. “It won’t go up dramatically… Continue Reading Insurance barometer on the rise for businesses in 2012

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