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Sunday April 20th 2014

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‘Industry Updates’ Archives

Brokerage Firm Trusted Quote Reaches out to Households without Insurance

Brokerage Firm <i>Trusted Quote </i>Reaches out to Households without Insurance

Trusted Quote, a leading national life insurance brokerage, is proud to announce its participation in 2013’s Life Insurance Awareness Month. Since 1994, the non-profit LIFE Foundation has sponsored and promoted a month of life insurance awareness events in September. Each campaign features a celebrity spokesperson who explains how life insurance [...]

Retirees Face High Stock Prices and Low Bond Yields

Retirees Face High Stock Prices and Low Bond Yields

High stock prices and low bond yields add up to bad news for investors seeking low-risk income. The best investment right now may simply be cash. Conventional wisdom usually advises older investors and retirees to balance a portfolio of bonds, stocks and annuities to squeeze the most from their savings during the third stage of life. But recent [...]

Covered California Enrollment Website May Not be Ready by Oct. 1

Covered California Enrollment Website May Not be Ready by Oct. 1

Less than six weeks before the launch of a major healthcare overhaul, California officials are scrambling to get their online enrollment system ready in time. Thursday, the state's new health insurance marketplace said its website may not be fully operational Oct. 1 when consumer enrollment begins under the Affordable Care Act. But officials [...]

Medi-Cal Cut Starts Next Month, State Says

Medi-Cal Cut Starts Next Month, State Says

A controversial cut to the California's healthcare program for the poor will begin next month, according to a bulletin distributed by state officials. Doctors and other healthcare providers who serve Medi-Cal patients will be reimbursed 10% less once the changes are fully phased in by next January. The first people to feel the pain will be [...]

Covered California Accepting Preregistration from Insurance Agents

Covered California Accepting Preregistration from Insurance Agents

Covered California is accepting online preregistration from licensed insurance agents interested in receiving training and certification to help educate and enroll millions of consumers in health plans offered by the state health benefits exchange. Only licensed insurance agents trained and certified by Covered California will be able to sell [...]

Health Net Life Participating in Covered California

Health Net Life Participating in Covered California

The acceptance of Health Net Life's statewide participation in California's small business exchange follows Covered California's announcement in May that Health Net of California and Health Net Life will offer HMO and PPO health plans, respectively, in the state's individual health insurance exchange. Health Net Life's bid to provide health care [...]

Sun Life Financial Completes Sale of Domestic U.S. Annuity Business

Sun Life Financial Completes Sale of Domestic U.S. Annuity Business

Sun Life Financial Inc. announced that it has completed the sale of its domestic U.S. annuity business and certain life insurance businesses to Delaware Life Holdings, LLC, which was announced last December. The completion of this transformational transaction significantly reduces Sun Life Financial's risk profile and earnings volatility. The [...]

Kaiser’s Rising Premiums Spark Backlash

Kaiser’s Rising Premiums Spark Backlash

For years, Kaiser Permanente has won accolades for delivering high-quality care at an affordable price. Now, some of Kaiser's biggest customers are complaining that the company is no longer a bargain and, even worse, standing in the way of controlling healthcare costs. Critics say the company is so entrenched in the workplace that it refuses to [...]

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 [...]

Hospital List Prices Often Do Not Match Quality of Care

Hospital List Prices Often Do Not Match Quality of Care

It’s well known that the charges hospitals list for surgeries and other procedures bear little resemblance to the actual prices most patients pay. An analysis has found that the charges also bear little relationship to the quality of the care. The analysis focused on hospitals’ charges for a joint replacement that didn’t involve major [...]

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