Health

2009-06-08 Health Care Insurance: LETTER: We all need health insurance - The Morning Sun Opinion: Serving Clare, Gratiot and Isabella counties

In response to Mark Ws statement that Medicare and Medicaid are run more cost effectively than private insurance I would like to explain how those programs are able to do so. How is it possible that a government program that pays its employees more than a regular insurance company could be run for less There are multiple reasons. The largest reason being the prices that the government is will to pay is much lower than the going rate, so people with private insurance indirectly subsidize the cost of the government system because the medical community charges them more. If we went to a government only system this private subsidy would disappear and the cost of the program would skyrocket. In order to contain costs they would be force to do as the British and Canadians do and have an advisory group that rations out health

2009-06-08 Health Care Insurance Companies: Health Care Trends Part 2: M and A, Generic Competition, CROs -- Seeking Alpha

By now, you should be getting a quick understanding of what is shaping the current and future environment in the industry. Many investors shovel money into health care companies even if they do not know what factors influence the company and rsquo;s performance. This mistake is prevalent now more than ever since it is typically thought that health care companies are recession-proof. This is not the case for many companies within the health care industry. In my next and last article on the subject, I will be briefly finishing off the rest of the major trends and forces that have a significant impact on the operations and outcomes of health care companies that some investors may overlook when they invest in a company.

2009-06-08 Health Insurance Policies: More complaints surface about closed company - 14 News, The Tri-States News and Weather Leader-

The former workers told police the printing company took money out of their paychecks on a regular basis for health insurance until the company closed, but they said they didnt learn until then that their policies had been canceled for six months.

At least 20 former employees of Krieger-Ragsdale are claiming their health insurance policies were canceled and they were never notified.

EVANSVILLE, IN (WFIE) - Evansville police continue to receive more complaints of insurance fraud by former employees of a closed Evansville printing company.

2009-06-08 Health Insurance Companies: Obama Says Congress Must Act to Fix Broken Health-Care System 44

Is no one else complaining right now about the fact that the government is shelling out many of our tax usd. usd. to subsidize COBRA payments for workers who have lost their jobs Where are many of those usd. usd. going Right into profits for health insurance companies. This is dumb IMHO. Why not form a government-run entity right now, or at the very least, a non-profit insurance company, and funnel the unemployed into it I dont mind my tax usd. usd. helping those who have lost their jobs to keep their health insurance, but I surely dont want to subsidize insurance company profits with my tax usd. usd. .

2009-06-08 Health Insurance Coverage: FAQ About COBRA Health Insurance, Affordable Health Insurance

COBRA health insurance coverage gives beneficiaries the same coverage as similarly situated employees and their dependents. This is usually the same the former coverage, but if the employer changes the health plan, the change will also apply to those who extend their coverage under COBRA. Beneficiaries must pay the full premium for their coverage, up to 102 pct. of the employers cost. The additional two percent is an administrative fee. In May of 2009, the Wall Street Journal reported that the average family with COBRA coverage pays usd. 13,000 per year.

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