Hospitals, insurers, doctors and unions are spending tens of millions of dollars trying to make sure their voices are heard on Beacon Hill as Massachusetts lawmakers weigh sweeping changes to the way the state pays for health coverage. In 2011 alone, the health care industry, one of the largest economic sectors in the state, doled [...]
Category Archives: Insurance Review Articles
The Texas Attorney General has filed a lawsuit against Health and Human Services Secretary Kathleen Sebelius. The lawsuit is challenging the federal government’s decision to cut the funding to the Medicaid Women’s Health Program in Texas. The decision was made after Texas chose to exclude the largest provider of women’s health care in their state [...]
For many budgets, having an auto insurance policy with a low deductible is a stretch. Auto insurance costs are a variable item to begin with, and a higher deductible helps keep the cost down. Finance experts tell people to set aside the amount of the deductible aside in case of an accident. For some, this [...]
HSBC has agreed to sell its general insurance businesses to French insurer AXA Group and Australias QBE Insurance Group for $914 million in cash, as Europes biggest bank moves ahead with its plan to divest non-core assets. The deal, the latest in a series of cost cutting initiatives under new HSBC CEO Stuart Gulliver, includes [...]
A toddler in Oklahoma has severe allergies. He requires a specialized prescription baby formula in order to be able to get the nutrition he needs. Aetna refuses to cover the cost of the prescription formula. This means his parents have to cover the entire cost of it out of pocket. This is the type of [...]