WASHINGTON (Reuters) - Kentucky on Friday became the first U.S. state to require that Medicaid recipients work or get jobs training, after gaining federal approval for the fundamental change to the 50-year-old health insurance program for the poor.
Reported by Reuters 14 hours ago.
Kentucky becomes first U.S. state to impose Medicaid work provisos
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Community Health Options sues federal government for $5.7M
PORTLAND, Maine (AP) — A Maine health insurance cooperative is suing over the federal government’s decision to stop some reimbursements under the Affordable Care Act. Community Health Options contends it’s owed $5.7 million in reimbursements that were supposed to be issued during the last three months of 2017. The Portland Press Herald reports that the […]
Reported by Seattle Times 13 hours ago.
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Kentucky becomes first U.S. state to impose Medicaid work provisions
WASHINGTON (Reuters) - Kentucky on Friday became the first U.S. state to require that Medicaid recipients work or get jobs training, after gaining federal approval for the fundamental change to the 50-year-old health insurance program for the poor.
Reported by Reuters 12 hours ago.
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HDFC to raise up to Rs 13,000 cr via QIP, preference shares
HDFC Ltd today said its board has approved raising up to Rs 13,000 crore primarily to maintain its holding in its banking arm and enter segments like stressed assets and health insurance.
Reported by DNA 21 minutes ago.
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Why are so many Americans crowdfunding their healthcare?
Online donation sites are booming as patients with little or no health insurance turn to strangers to help pay medical costs.
Reported by bizjournals 1 day ago.
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GOP-leaning states line up to require work for Medicaid
LITTLE ROCK, Ark. (AP) — Republicans this past week began to realize their long-held goal of requiring certain adults to work, get job training or perform community service in exchange for getting health coverage through Medicaid. Whether that’s a commonsense approach or an added burden that will cost many Americans their health insurance will be […]
Reported by Seattle Times 22 hours ago.
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It's Not Too Late For New Yorkers To Sign Up For Health Insurance!
Six years ago, I was diagnosed with cancer. I had just finished graduate school three weeks earlier and was preparing to
Reported by Huffington Post 4 hours ago.
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StoneGate Senior Living Expands Health Insurance Options for Colorado Consumers with Humana Agreement
Golden, Colorado’s Accel at Golden Ridge to offer new Humana insurance option February 1, 2018.
GOLDEN, Colo. (PRWEB) January 15, 2018
In a move that increases health care insurance options and manages cost for consumers, StoneGate Senior Living, LLC, an award-winning full spectrum senior care and housing facility, announces a new in-network insurance provider agreement with Humana for Accel at Golden Ridge, effective February 1, 2018. Accel at Golden Ridge is a premier skilled nursing care, rehabilitative facility and wound care treatment center serving the Colorado senior care marketplace.
“We provide our Accel at Golden Ridge patients with access to industry-leading care, housing and rehabilitation, and expanding access to in-network insurance providers is a critical part of this effort,” says Aaron Aguilera, StoneGate Senior Living Director of External Relations, Accel at Golden Ridge. “We are especially pleased to add the Humana contract to our patients’ insurance options, as this will increase access to our industry-leading wound care facility and other services.”
The new in-network insurance provider agreements with Humana for Accel at Golden Ridge will allow admittance for short-term, inpatient therapies and skilled nursing with lower, in-network copays, deductibles, & annual out-of-pocket expenses.
The Humana agreement will take effect February 1, 2018.
For more information, visit: http://accelgolden.com/.
About Accel at Golden Ridge
Accel at Golden Ridge opened in July 2017 in Golden, Colorado to serve Jefferson County. The new facility offers in-patient transitional care, outpatient rehabilitation services and a state-of-the-art wound care facility with trained personnel. The 60,000-square-foot facility offers two rehabilitation gyms, modern equipment, technologies and programs that are designed to help patients recover as quickly as possible and return to their prior lifestyle. Accel provides pulmonary, cardiac, wound recovery, infectious disease, physiatry and orthopedic care. http://accelgolden.com/
About StoneGate Senior Living:
StoneGate Senior Living is an award-winning full-spectrum senior care and housing company with 44 properties across Texas, Oklahoma and Colorado. Recently ranked as the nation’s 31st largest transitional and long-term care company by Provider magazine, StoneGate is a fully-integrated post-acute health care company, with service-lines and business units that offer transitional care, long-term care, assisted living, memory care, rehabilitation, wellness, pharmacy, care navigation and post-acute analytical services.
Learn more at http://www.stonegatesl.com/. Reported by PRWeb 22 hours ago.
GOLDEN, Colo. (PRWEB) January 15, 2018
In a move that increases health care insurance options and manages cost for consumers, StoneGate Senior Living, LLC, an award-winning full spectrum senior care and housing facility, announces a new in-network insurance provider agreement with Humana for Accel at Golden Ridge, effective February 1, 2018. Accel at Golden Ridge is a premier skilled nursing care, rehabilitative facility and wound care treatment center serving the Colorado senior care marketplace.
“We provide our Accel at Golden Ridge patients with access to industry-leading care, housing and rehabilitation, and expanding access to in-network insurance providers is a critical part of this effort,” says Aaron Aguilera, StoneGate Senior Living Director of External Relations, Accel at Golden Ridge. “We are especially pleased to add the Humana contract to our patients’ insurance options, as this will increase access to our industry-leading wound care facility and other services.”
The new in-network insurance provider agreements with Humana for Accel at Golden Ridge will allow admittance for short-term, inpatient therapies and skilled nursing with lower, in-network copays, deductibles, & annual out-of-pocket expenses.
The Humana agreement will take effect February 1, 2018.
For more information, visit: http://accelgolden.com/.
About Accel at Golden Ridge
Accel at Golden Ridge opened in July 2017 in Golden, Colorado to serve Jefferson County. The new facility offers in-patient transitional care, outpatient rehabilitation services and a state-of-the-art wound care facility with trained personnel. The 60,000-square-foot facility offers two rehabilitation gyms, modern equipment, technologies and programs that are designed to help patients recover as quickly as possible and return to their prior lifestyle. Accel provides pulmonary, cardiac, wound recovery, infectious disease, physiatry and orthopedic care. http://accelgolden.com/
About StoneGate Senior Living:
StoneGate Senior Living is an award-winning full-spectrum senior care and housing company with 44 properties across Texas, Oklahoma and Colorado. Recently ranked as the nation’s 31st largest transitional and long-term care company by Provider magazine, StoneGate is a fully-integrated post-acute health care company, with service-lines and business units that offer transitional care, long-term care, assisted living, memory care, rehabilitation, wellness, pharmacy, care navigation and post-acute analytical services.
Learn more at http://www.stonegatesl.com/. Reported by PRWeb 22 hours ago.
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Pennsylvania veterans deserve easier access to their prescriptions | Opinion
For more than 160,000 Pennsylvania veterans and beneficiaries of our active duty military currently insured through TRICARE, the Department of Defense (DoD) health insurance program, obtaining some common maintenance prescriptions can be much more complicated.
Reported by philly.com 20 hours ago.
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Chubb Appoints Singapore Bancassurance Division Head
SINGAPORE - Media OutReach - 16 January 2018 -* *Chubb announced today that *Koh Wei Lee* was appointed as Head of Bancassurance for Singapore since 1 January 2018. This appointment is in addition to Mr. Koh's current responsibilities as Division Head of Accident & Health (A&H). He will continue to report to Mr. Adam Clifford, Country President for Chubb in Singapore.
Mr. Koh joined Chubb in 2016 and has more than 17 years of industry experience. A proven leader with deep distribution expertise, Mr. Koh had overseas stints in Hong Kong and Malaysia in a variety of senior roles covering regional product management, business development and product marketing. In his new role, he will drive the strategy, development and growth of the bancassurance channel for the local operations.
Edward Ler, Chubb's Regional Head of Personal Lines said, "Bancassurance is part of our overall regional multi-channel strategy to ensure our personal lines products reach retail customers and SMEs. We have strong growth ambitions for our bancassurance channel regionally and especially in Singapore, with our newly launched partnership with DBS. With his expertise in channel management, Wei Lee is well placed to steer our strategy in Singapore."
Mr. Clifford added, "The appointment of Wei Lee underscores our commitment to expand business opportunities and nurture relationships with our existing and new banking partners. Given Wei Lee's wealth of experience and proven track, I am confident he will forge strong distribution partnership with financial institutions to achieve our business objectives and growth."
*About Chubb in Singapore*
Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London and other locations, and employs approximately 31,000 people worldwide.
Chubb Insurance Singapore Limited, via acquisitions by its predecessor companies, has been present in Singapore since 1948. Chubb in Singapore provides risk management and underwriting expertise for all major classes of general insurance, including Property & Casualty, Marine, Liability, Financial Lines and Group Personal Accident insurance. As one of the leading providers of Accident & Health insurance through direct marketing, the company partners with financial institutions and other companies to tailor individual policies for their clients and employees. In addition, it offers a suite of customised Personal & Specialty insurance solutions to meet the needs of consumers.
Over the years, Chubb in Singapore has established strong client relationships by offering responsive service, developing innovative products and providing market leadership built on financial strength. The company has been assigned a financial strength rating of AA-/Stable and the highest ASEAN credit rating of axAAA by Standard & Poor's.
More information can be found at www.chubb.com/sg Reported by Media OutReach 5 hours ago.
Mr. Koh joined Chubb in 2016 and has more than 17 years of industry experience. A proven leader with deep distribution expertise, Mr. Koh had overseas stints in Hong Kong and Malaysia in a variety of senior roles covering regional product management, business development and product marketing. In his new role, he will drive the strategy, development and growth of the bancassurance channel for the local operations.
Edward Ler, Chubb's Regional Head of Personal Lines said, "Bancassurance is part of our overall regional multi-channel strategy to ensure our personal lines products reach retail customers and SMEs. We have strong growth ambitions for our bancassurance channel regionally and especially in Singapore, with our newly launched partnership with DBS. With his expertise in channel management, Wei Lee is well placed to steer our strategy in Singapore."
Mr. Clifford added, "The appointment of Wei Lee underscores our commitment to expand business opportunities and nurture relationships with our existing and new banking partners. Given Wei Lee's wealth of experience and proven track, I am confident he will forge strong distribution partnership with financial institutions to achieve our business objectives and growth."
*About Chubb in Singapore*
Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London and other locations, and employs approximately 31,000 people worldwide.
Chubb Insurance Singapore Limited, via acquisitions by its predecessor companies, has been present in Singapore since 1948. Chubb in Singapore provides risk management and underwriting expertise for all major classes of general insurance, including Property & Casualty, Marine, Liability, Financial Lines and Group Personal Accident insurance. As one of the leading providers of Accident & Health insurance through direct marketing, the company partners with financial institutions and other companies to tailor individual policies for their clients and employees. In addition, it offers a suite of customised Personal & Specialty insurance solutions to meet the needs of consumers.
Over the years, Chubb in Singapore has established strong client relationships by offering responsive service, developing innovative products and providing market leadership built on financial strength. The company has been assigned a financial strength rating of AA-/Stable and the highest ASEAN credit rating of axAAA by Standard & Poor's.
More information can be found at www.chubb.com/sg Reported by Media OutReach 5 hours ago.
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Policybazaar.com Ropes in Tisca Chopra and Pankaj Tripathi for a New Ad Campaign
*Policybazaar.com* (twitter handle: @policybazaar_in), India’s largest insurance website and comparison portal, has roped in actors *Tisca Chopra* and *Pankaj Tripathi* to launch a new health insurance campaign.The campaign aims at highlighting how access to health insurance can help people to avoid taking extreme measures when facing a medical exigency. Health Insurance can be used as a powerful protection tool against these unexpected events.*A still from Policybazaar.com’s new health insurance ad*
The campaign is designed by the in-house team of Policybazaar.com and executed by *K Silent Productions*. It is launched on digital media channel on 15^th January, 2018 and will go on air on 19^th January, 2018.
*A still from Policybazaar.com’s new health insurance ad*
Speaking on the launch,* Mr. Dhruv Sarin - Head of Health Insurance, Policybazaar.com *said, “The medical inflation in India is increasing at an alarming rate, owing to higher medical bills. Roughly around 70% of medical expenses are borne out of pocket in India. Moreover, the health insurance penetration in India is abysmally low. Through the campaign, we are pushing customers to realise the immediate need of buying health insurance to safeguard against any unforeseen medical events.
As per the survey conducted by the National Sample Survey Organisation from January 2013 to June 2014, 1 out 5 people did not have sufficient corpus to pay their medical expense and had to borrow money from friends or family,” he added.
*Mr. Sai Narayan - Associate Director and Head of Marketing, Policybazaar.com *added, “With the rise in number of lifestyle and environmental diseases, it is very important to invest in a good health insurance that covers most aspects of unexpected hospitalization. Not having health insurance or inadequate cover can leave you vulnerable. The cost of medical treatment either eats all the savings or people end up borrowing. Our new campaign focuses on how having a health Insurance will empower you to do the right things for your family.”
He further added, “In all our earlier campaigns, we have emphasized on the comparison before buying, however, with this campaign, we have gone one step ahead and tried to push the customers to buy an adequate health insurance policy. The campaign is mainly aimed at spreading awareness amongst first time buyers. *Majboori Nahi, Health Insurance Chuniye *is the creative rendition and the thought behind the campaign.”
The TV commercial starts with a contractor (actor Pankaj Tripathi) entering the cabin of an officer (actor Tisca Chopra) who is sitting on her desk, signing files. Contractor and his assistant sit on the chair and the lady officer says, “Fir aa gaye, tumhara tender nahi pass hone wala. The contractor then says, leave it madam. We are here to ask about your husband, we’ve heard he is not well. The lady says tomorrow is his operation. The contractor then says, medical expenses are brutal, and his assistant adds to his comment “*5 lakhs*”. Hearing this, the contractor gives his assistant a sign and the assistant grabs a box of the first-aid kit filled with cash and place it on the table, saying “*help*”. Then the contractor says, not for sweets but for medicines. To this, the lady takes a sigh and says, to avoid being compelled by illness, we had purchased health insurance from Policybazaar.com. She pushes back the money with her pen, saying thanks for the help and gets back to work. The contractor then asks his assistant in a whispering tone, she said Policybazaar? And his assistant replies, she is telling us to get-out.
*Majboori Nahi, Health Insurance Chuniye - PolicyBazaar.com*
*YouTube Link: *
*https://youtu.be/TEToN-zuHfU*
*Creative Credits: *
Policybazaar.com Marketing Team
Associate Director and Head of Marketing - Sai Narayan
Marketing Manager - Samir Sethi
*Production House: K Silent Productions*
Writer / Creative Director: Riazat Khan
Director: Anand Karir
Executive Producer: KC Pandey
*About PolicyBazaar.com*
PolicyBazaar.com is India's largest insurance marketplace. It has backing from a host of investors including the likes of Temasek, Tiger Global Management, True North, InfoEdge (Naukri.com), Premji Invest, besides investments from other PE funds and family offices. The portal started with a purpose to educate people on insurance products and has had a significant influence on how insurance is bought in India. It has helped in driving penetration of pure life insurance, health insurance and such products which were barely bought earlier.
From receiving traffic of 180,000 visitors in 2008, PolicyBazaar.com has come a long way and today hosts over 80 million visitors yearly and records sale of nearly 150,000 transactions a month. Currently, PolicyBazaar.com accounts for nearly 25% of India’s life cover, and over 7% of India’s retail health business. It accounts for roughly half of all internet based insurance purchase in the country, and is more than doubling annually.
The company has received several accolades in India and globally. The most noteworthy being recognized as India’s top and world’s leading “*Fin Tech Innovator*” by the Global consultancy firm, KPMG and venture capital fund, H2 Ventures for 2015 & 2016. It has won a range of awards, including The Financial Express “*Best Fintech Marketplace*”, The Economic Times “*Best Corporate Brand*”, Internet & Mobile Association of India (IAMAI) “*Best Financial Website*” for two years, and BML Munjal Award for “*Excellence in Learning & Development*” among the most notable ones in the last couple of years. Reported by NewsVoir 17 minutes ago.
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Policybazaar.com ropes in Tisca Chopra and Pankaj Tripathi for a new ad campaign
[India], Jan 16 (ANI-NewsVoir): Policybazaar.com, India's largest insurance website and comparison portal, has roped in actors Tisca Chopra and Pankaj Tripathi to launch a new health insurance
Reported by Sify 3 hours ago.
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Insurance or the NHS: who pays for the rising cost of childbirth?
What does it cost to have a baby on the NHS? The Guardian says: Having a baby – without complications costs £2,790; having a baby – with complications costs £5,000. Those figures are supplied by the Nuffield Trust, an independent charity. The Mirror says it would cost you “tens of thousands of pounds” to have a baby were it not for the NHS. Really? Of course not. You’d have insurance. The system wold be changed.In the Guardian, another question arises today: “Why does it cost $32,093 just to give birth in America?”
Well, there’s insurance that covers it. It’s less about what it costs than it is about who pays and how it’s paid. No? Indeed, in paragraph five, the paper notes that “insurance typically covers a large chunk of those costs”.
And then this:
Medicaid, a program available to low income households that covers nearly all birth costs….Childbirth Connection put the average out of pocket childbirth costs for mothers with insurance at $3,400 in 2013.
The BBC has this graph from 2015:
Prof Gerard Anderson of the Johns Hopkins Centre for Hospital Finance and Management explains the costings:
“If you can make more money as a doctor by ordering more tests, you are going to order them and therefore patients end up getting more tests.
“You also pay a fee for services a la carte in the US so if you are worried about the pain of the childbirth and have an epidural, you’ll have to pay for it. If you ask for a painkiller after giving birth, you’ll have to pay for it. And all those costs rack up.”
Money is the incentive that encourages more expensive care? The piecemeal approach creates a higher final bill. The NYTimes reports:
Recent studies have found that more than 30 percent of American women have Caesarean sections or have labor induced with drugs — far higher numbers than those of other developed countries and far above rates that the American College of Obstetricians and Gynecologists considers necessary.
And here’s the hook. Anderson explains;
“If you don’t have health insurance in the US, hospitals and doctors will ask you to pay three to four times what someone with insurance will pay for the same service because no-one is negotiating rates on their behalf.”
Andrew Sullivan:
Matt Yglesias drools over the possibility of getting the entire country under the government’s healthcare thumb. Medicare is a particularly revealing program idea in this respect. At a deep level, the left sees all of us as the equivalent of senior citizens, dependent on the benevolence of government for our needs and wants. Of course, they will provide our needs as they see fit – they’re good people, you know. And so much smarter than the rest of us. There will be none of that wasteful drug spending we now have. How dare Americans spend their own money on treatments they actually want? It’s inefficient! This remains the key template for liberals: citizens as permanent supplicants. Those who do manage to look after themselves? Don’t worry. They’ll tax you till you really do need the equivalent of Medicare. And expect you to be grateful for it.
In short: get insurance and read the small print.
Reported by Anorak 5 hours ago.
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Doctors and parents scramble to cover kids' needs
Doctors are advising patients to be sure to fill medication orders now or are giving away drugs to make sure children have enough should Capitol Hill fail to pass a long-term extension of the Children's Health Insurance Program.
Reported by CNNMoney 4 hours ago.
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Number of Americans without health insurance grows in Trump's first year, new figures show
The number of Americans without health coverage, which declined for years after passage of the Affordable Care Act, shot up in President Trump’s first year in office, according to data from a new national survey.
At the end of 2017, 12.2% of U.S. adults lacked health insurance, up from 10.9% at... Reported by L.A. Times 2 hours ago.
At the end of 2017, 12.2% of U.S. adults lacked health insurance, up from 10.9% at... Reported by L.A. Times 2 hours ago.
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Immigration showdown could lead to government shutdown
The government has enough money to operate through Friday. Will the president and Congress come to an agreement before the funding runs out? Besides DACA, the other moving parts include: disaster assistance and the Children’s Health Insurance Program.
Reported by Seattle Times 2 hours ago.
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A lifeline for children's health plan?
Funding for a national children's health insurance program could be restored. House Republicans on Tuesday revealed a plan to extend federal funding for the national Children's Health Insurance Program, or CHIP, for six years. The House could vote as soon as Thursday on the funding as part of a budget bill to delay a government shutdown, The Washington Examiner reports. The measure needs nine Democratic votes in the Senate to pass. GOP House leaders also need to bring around members of the conservative…
Reported by bizjournals 38 minutes ago.
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Number of Americans without health insurance grows in Trump's first year, new figures show
The number of Americans without health coverage, which declined for years after passage of the Affordable Care Act, shot up in President Trump’s first year in office, according to data from a new national survey.
At the end of 2017, 12.2% of U.S. adults lacked health insurance, up from 10.9% at... Reported by ChicagoTribune 2 days ago.
At the end of 2017, 12.2% of U.S. adults lacked health insurance, up from 10.9% at... Reported by ChicagoTribune 2 days ago.
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Immigration showdown could lead to government shutdown
The government has enough money to operate through Friday. Will the president and Congress come to an agreement before the funding runs out? Besides DACA, the other moving parts include: disaster assistance and the Children’s Health Insurance Program.
Reported by Seattle Times 2 days ago.
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Report: New Mexico’s second worst state for child well-being
SANTA FE, N.M. (AP) — A new report says quality of life is low for children in New Mexico. The 2017 New Mexico Kids Count Data Book found more children are living in poverty, are without health insurance and living in single-parent household than a year ago. The report from the New Mexico Voices for […]
Reported by Seattle Times 2 days ago.
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