High cost of health insurance in Mass. must be fixed, says new report

About four out of five people in Massachusetts who went without health insurance did so because they say they can’t afford it, according to a report out Thursday from the Blue Cross Blue Shield of Massachusetts Foundation, which advocates for equity in health care.

The report highlights barriers that remain in accessing health insurance, even in a state that implemented a health care reform law 17 years ago with affordability as one of its aims, and a state that has the highest percentage in the country of residents — about 97% — who do have health insurance.

“Most of the

6 min read

I Don’t Have an Estate Plan…Right?

Whether or not you have a written estate plan, you do have an estate plan. The laws of the state in which you reside will make decisions about your estate if you do not have a written plan.

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If you don’t have a written estate plan, it is essential to know what the intestacy laws of your state are so that you know what will happen to your assets if

3 min read

Countless Florida residents could lose Medicaid health insurance coverage

Countless Florida residents are in jeopardy of being dropped from the Medicaid program, a federally subsidized health insurance designed for low-income individuals and families.

Experts say residents who receive Medicaid insurance should be on the look for an envelope with a yellow stripe or an email seeking information that will be sent 45 days prior to a recipient’s renewal date.

Those whom the state cannot renew because they lack up-to-date income information or because they are deemed ineligible will receive a 45-day notice by letter or email. They will then have 90 days to reapply if they believe they are

4 min read

Best Short-Term Health Insurance Providers of 2023

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Short-term health or short-term medical insurance plans are intended to fill a temporary gap in health insurance coverage. They can be a good fit for those who aren’t eligible for group health insurance, can’t afford COBRA, or aren’t eligible for special enrollment in an Affordable Care Act (ACA) plan or missed open enrollment. The best short-term health insurance plans cover essential benefits at an affordable price.

We considered 14 major health insurance companies and whether they offer short-term

1 min read

Is Your Compliance Plan Protecting You?

Healthcare compliance plans are essential to ensure your practice is following the law. Your compliance plan can keep your practice out of trouble.

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A recent enforcement action highlights the need for an effective and updated compliance plan.

A physician in Arkansas has been sentenced to 102 months of prison time and to pay over $4.63 million in restitution. Following release from prison, he will have three (3) years of supervised

2 min read

Getting Your Affairs in Order Checklist: Documents to Prepare for the Future

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No one has ever planned to become sick or disabled. Yet, planning for the future can make all the difference in an emergency and at the end-of-life. Being prepared and having important documents in a single place can give you peace of mind, help ensure your wishes are honored, and ease the burden on your loved ones.

Checklist for getting your affairs in order

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This list provides common steps to consider when getting your affairs in order.

1. Plan for your estate and finances. Depending on

9 min read

Pan-American Life Insurance Group Names New Executive Vice President Operations and Technology

Pan-American Life Insurance Group (PALIG), a leading provider of life, accident, and health insurance throughout the Americas, has promoted Frank Recio to Executive Vice President Operations and Technology.

In the newly created role, Mr. Recio will lead the continued advancement of PALIG’s digitalization with an elevated focus on leveraging technology and innovation as the key enablers of PALIG’s corporate and business operations, including policyholder services and processes. Mr. Recio recently served as Senior Vice President International Business Technology and Operations.

“Technology enhances PALIG policyholders and business partner experiences, and our continued growth and business enablement. Further, readiness is core to

2 min read

Points to keep in mind while buying health insurance for parents

India has a great demographic advantage – we are a nation of youngsters, with about 65% of Indians below the age of 35 years. Our bright youngsters are making great strides in all areas and are contributing to the growth story of the country. However, to pursue better education and job opportunities, more and more young Indians are now staying away from their hometowns. One of the ever-pressing worries of these youngsters is the well-being of their aging parents, and among the top concerns is how to handle the situation if their parents have a medical emergency. The insurance industry

6 min read