Tag: how many employees do you need to qualify for group health insurance?

Health Insurance

Could You Lose Your Health Insurance If the Debt Ceiling Isn’t Raised?

Violin 43 Views
Young worried mother working from home stock photo

damircudic/iStock.com

If US lawmakers fail to reach a debt ceiling agreement in time to avoid a government default — something that could happen as soon as June 1 — millions of Americans might see disruptions to their health insurance coverage.

One of the main impacts of a default would be felt by Americans who receive government-run health insurance from programs like Medicare and Medicaid. That’s because many healthcare providers depend on Medicare and Medicaid for revenue, Politico reported — and those programs could see funding cut in the event of a default.

Medicare alone accounted for more than one-quarter (26%)

…
Read More
3 min read
Health Insurance

GoHealth Confirms Receipt of Unsolicited Acquisition Proposal From Centerbridge Partners and NVX Holdings

Violin 44 Views

Published: may. 19, 2023 at 5:36 PM EDT|Updated: 11 hours ago

CHICAGO, May 19, 2023 /PRNewswire/ — GoHealth, Inc. (GoHealth) (NASDAQ: GOCO), a leading health insurance marketplace and Medicare-focused digital health company, as noted in a recent 13D filing, has received a proposal from its two largest shareholders to acquire all of the outstanding Class A Common Stock and LLC Interests that these shareholders do not already own. Independent members of GoHealth’s Board will review the proposal in due course. The Company remains committed to serving Medicare Advantage beneficiaries, working with health plans, and generating

…
Read More
2 min read
Health Insurance

US Leads Insurtech Investments, Funding Continues Healthy Climb

Violin 53 Views
New You can now listen to Insurance Journal articles!

The US leads France and the UK as the nation funding the most insurtechs. India and Germany round out the top five countries.

The definition of insurtech is important, according to Dr. Andrew Johnston, global head of insurtech and the author of Gallagher Re’s Q1 2023 Global InsurTech Report. Because the overall use of the term tends to be vague and overarching, the

…
Read More
5 min read
Health Insurance

Nevada bill could give health insurance subsidies to substitute teachers

Violin 50 Views

After filling four semester-long classroom vacancies in the Clark County School District, substitute teacher Brandon Summers isn’t doing it anymore.

The reasons? “Taking on a long-term assignment has a lot of responsibilities and the pay is not commensurate,” he said.

It’s also committed to a chaotic situation where a job wasn’t filled or a teacher left mid-year, said Summers, who covered three vacancies in orchestra and one in math.

Now, Summers — a professional violinist who has been a substitute since 2016 — is sticking with covering one to three day-to-day assignments a week.

Summers has health insurance through the

…
Read More
5 min read
Health Insurance

Unlicensed health insurer fined, ordered to stop operations in Minnesota

Violin 48 Views

(FOX 9) – A health insurance company based in Texas, but operating in Minnesota, has been fined and ordered to stop selling unlicensed insurance policies in Minnesota.

Salvasen Health, its owner Barry Glenn, and multiple affiliates have been fined $553,000 by the Minnesota Department of Commerce (DOC) and ordered to stop their operations in Minnesota, the DOC said in an announcement Wednesday.

According to the department, Salvasen and affiliates were not licensed in Minnesota to sell health insurance plans but sold unapproved health plans to Minnesota consumers regardless.

The DOC provides regulatory oversight of insurance for Minnesota and initially acted

…
Read More
2 min read
Health Insurance

New York State is no longer doing auto-renewals for health insurance

Violin 45 Views

BINGHAMTON (WBNG) — Thursday, Mothers and Babies Perinatal Network held a press conference to keep New York State residents aware of the need to actively renew their health insurance coverage.

Executive Director for Mothers and Babies Perinatal Network Sharon Chesna said nearly 7 million New Yorkers enrolled in public health insurance plans such as Medicaid, Child Health Plus, and the Essential Plan will need to renew their health insurance.

She said as the public health emergency comes to an end, auto-renewals for those insured by public health plans will no longer be in effect. She said through the statewide ‘Keeping

…
Read More
2 min read
Health Insurance

FAIR Health Elects Christina Severin and Grace Wong to Board of Directors

Violin 47 Views

Published: Apr. 27, 2023 at 7:36 AM CDT|Updated: 16 hours ago

New Directors Bring Fresh Perspectives to Leading, Independent Healthcare Data Organization

NEW YORK, April 27, 2023 /PRNewswire/ — FAIR Health, Inc., has been elected Christina Severin and Grace Wong to its Board of Directors. A national, independent, non-profit organization dedicated to bringing transparency to healthcare costs and health insurance information, FAIR Health is governed by a Board consisting of leaders from all parts of the healthcare sector.

Ms. Severin is a leading healthcare executive with more than 25 years of experience and numerous accomplishments

…
Read More
6 min read
Health Insurance

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

Violin 120 Views

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

…
Read More
6 min read