Insurance Insider Newsletter

HMOs Beat PPOs on Cost and Quality

California’s commercial HMOs outperform commercial PPOs on most clinical quality measures. They also consistently provide less costly care. The average yearly cost is $4,245 per HMO enrollee versus $4,455 per PPO enrollee, according to the […]

medical marijuana
Insurance Insider Newsletter

Medical Marijuana Reduces Medicare Part D Drugs Costs

Medical marijuana saves state and federal governments millions of dollars on Medicare. For example, prescriptions for painkillers have dipped drastically in states where medical marijuana is available, according to a Univ. of Georgia study published […]

Covered California Rising costs
Insurance Insider Newsletter

Covered California Rates Jump 13% in 2017

Covered California’s premiums jumped 13.2% for 2017, up from about a 4% increase in each of the past two years. However, most consumers will see a much smaller increase or pay less next year if […]

Insurance Insider Newsletter

No End in Sight for Escalating Prescription Drug Spending

Prescription drug costs are rising more than 10% a year, which is twice the rate of medical costs increases according to an A.M. Best report. Retail prescription drug spending grew 12.2% in 2014 compared to […]

Insurance Insider Newsletter

Manufacturing Leads Adoption of High-Deductible Health Plans

A survey by Benefitfocus reveals distinct differences in benefit offerings among manufacturing, education, and health care industries. Manufacturing leads the adoption of high-deductible health plans (HDHPs), education favors traditional plans (PPOs, HMOs, etc.) and the […]

Insurance Insider Newsletter

What Small Business Owners Don’t Tell Their Brokers

Small business owners are reluctant to give detailed information to benefit brokers who haven’t earned their trust, according to a white paper by MetLife. Ilka Ramirez of the TIA Group says that clients often withhold […]