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When will Canadians pay their premiums?

Insurance industry statistics show a steadily rising number of Canadians are paying their premiums, but that the average premium is still well below the average in the U.S. and other developed countries.The average U.K. household pays £1,814 ($2,664) a year, but the average Canadian household pays $1,946 ($2.21).The average average U-S.household spends $3,739 ($4,942) a […]

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‘Worse than dead’: Patients facing long waits for coverage

Health insurers and doctors say that despite the best efforts of the Trump administration, they are now facing a long wait list for coverage, and a potentially worse one than death.Read more.Read or Share this story: http://usat.ly/2pv4zXt

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What do you think about insurance companies suing over Obamacare?

A federal appeals court has ruled that the Affordable Care Act does not violate the U.S. Constitution’s ban on private businesses suing the government for a public purpose.The 3-2 decision by the 10th U.P.C. panel of the Supreme Court on Monday upheld a lower court ruling in a case brought by insurance companies against the […]

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How to save yourself and your family money by using a tax credit

On January 12, 2018, President Trump signed an executive order creating a new tax credit for employers who offer health insurance to their workers.The executive order is intended to make health insurance more affordable and available to all Americans.It was originally written to help businesses in the health care sector reduce their costs and maintain […]

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Which of these six major insurers will have the best future?

It’s no secret that insurers are under fire right now as they struggle to get through the next few years.They’ve had to pay billions of dollars in lawsuits, negotiate settlements, and even deal with the aftermath of the catastrophic healthcare reform that led to the ACA.The fact that they’re trying to do this without the […]

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Insurers sue for health insurance subsidies

Insurers are suing the government to help them pay for health coverage.The American Medical Association is joining them in the lawsuit. Insurers claim they’re being asked to contribute more than they were under the ACA, but the ACA does not require insurers to make those contributions. The group, the American Hospital Association, says the ACA provides for […]

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Insurance industry size and health and life insurance conferences

Insurers’ plans for 2016 are shaping up to be more than just a continuation of the business of insurance.They are also shaping up as the biggest annual conferences in the insurance industry, with hundreds of industry leaders and analysts expected to participate.The Insurance Industry Association, which represents major insurers, is scheduled to hold its first […]

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How insurance companies make their money

Insurance companies make money by selling policies to their customers, a new study finds.The study by PricewaterhouseCoopers (PwC) found that insurers have been losing money since the financial crisis, with the average loss of about 1% a year.In 2017, insurers made losses of more than $5.5bn.However, they have made more than twice as much since […]

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When are you going to have your insurance?

This is a breaking news story.To get the latest on this story, please click here.In the weeks leading up to Christmas, people around the country are seeing an uptick in their health insurance costs, according to a study by the Kaiser Family Foundation and HealthPocket.The study found that the average cost of a family of […]

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How much does the ACA’s insurance mandate cost insurers?

The cost of the ACA has been steadily increasing.According to the latest data from Avalere Health, premium increases for individual policies have jumped an average of 5.5% in 2017 and 2018.The annual premium increase for the average employer has also increased, from $1,800 to $2,800, with a median increase of 9.1%.This is a big jump […]

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