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Wednesday April 16th 2014

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‘In The News’ Archives

Variable Annuities Transforming Investor Communications

Variable Annuities Transforming Investor Communications

The number of variable annuity (VA) investment options has increased significantly over the last several years, attracting interest from a new generation of investors. Current approaches to VA compliance communications have posed challenges for both advisors distributing the product and investors trying to better understand their investments. [...]

Insurers Limiting Doctors, Hospitals in New Health Market

Insurers Limiting Doctors, Hospitals in New Health Market

Insurers in California's new health insurance exchange are holding down premiums by limiting choices, raising concerns that patients will struggle to get care. Diminished medical networks are fueling growing concerns that many patients will still struggle to get care despite the nation's biggest healthcare expansion in half a century. Consumers [...]

California Lawmakers Pass Prescription Drug Reform Bills

California Lawmakers Pass Prescription Drug Reform Bills

Senate Bill 809 would shore up California's prescription drug monitoring program, which was gutted during the state's fiscal crisis. The program, known as CURES, is viewed by experts and public health authorities as key to stemming the epidemic of overdose deaths. Under the program, pharmacists are required to report to the state attorney general [...]

Exchange Ramps Up as Deadline Nears

Exchange Ramps Up as Deadline Nears

Insurance coverage begins Jan. 1, 2014, at the Covered California exchange, but the effort to sign people up for that coverage launches three months before that, on Oct. 1.  It's a little like putting on Thanksgiving dinner ... on a really large scale. There are dozens of dishes, each one complex and difficult. Some dishes take less time, some [...]

California Unveils Ad Campaign for New Health Market

California Unveils Ad Campaign for New Health Market

California lifted the curtain Thursday on its advertising for a new health insurance marketplace opening this fall as part of the federal health law. Covered California, the state agency implementing the Affordable Care Act, said these initial TV ads will begin airing next week in a handful of test markets: San Diego, Sacramento, Chico and [...]

Few Californians Informed About Healthcare Overhaul Poll Shows

Few Californians Informed About Healthcare Overhaul Poll Shows

Peter Lee, Covered California's Executive Director A large majority of California voters know very little or nothing at all about the state's new health insurance marketplace less than six weeks before enrollment starts, according to a new poll. The Field Poll found that just 25% of California voters under 65 said they've heard a lot or some [...]

Health Insurance Ratings to be Dropped from State Website

Health Insurance Ratings to be Dropped from State Website

Californians shopping for health insurance in a new state-run market this fall may not see quality ratings for those health plans alongside the monthly price. To the dismay of consumer groups, state officials are dropping plans to post those insurance company ratings in their online enrollment system, which opens Oct. 1 under the federal [...]

Firms Line Up for California Health Insurance Marketplace

Firms Line Up for California Health Insurance Marketplace

Twelve insurance companies have signed contracts to join the state's newly created health benefit exchange, the Covered California agency announced Wednesday. The state exchange, a consumer health insurance marketplace set up under the national health care reform act, will open for business in January. It will permit consumers to easily [...]

Health Rates for CA’s Small Businesses Unveiled

Health Rates for CA’s Small Businesses Unveiled

Covered California, unveiled its portfolio of coverages including both health maintenance organizations and preferred provider networks and will be available in all parts of the state as of Jan. 1. Businesses with fewer than 50 employees can buy the insurance but are not required to do so under the new federal Affordable Care Act. Californians [...]

Californians to see Huge Campaign to Pitch Health Reforms to Uninsured

Californians to see Huge Campaign to Pitch Health Reforms to Uninsured

LOS ANGELES — California could see more than $300 million invested in television and online ads, billboards, door-to-door visits and other sales pitches to convince the uninsured to enroll in national health care coverage. The state agency guiding President Barack Obama's health overhaul, Covered California, faces a monumental task to reach [...]

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