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How to buy insurance for your kids

For most Americans, it’s an annual, routine expense.For many families, the cost of health insurance is also a daily occurrence, according to the insurance industry.But the cost can be a major factor in deciding which family plans you will choose to buy, and which one to buy with your own money.To help you decide, we […]

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Top health insurers sign new collective bargaining agreement

The top 10 U.S. health insurers, including Blue Cross Blue Shield of Massachusetts, Anthem Inc., UnitedHealth Group Inc., Aetna Inc., Humana Inc., and WellPoint Inc., announced on Wednesday that they have reached an agreement to reach a new collective-bargaining agreement that will cover a broader range of insurers, ranging from small to large.The announcement comes […]

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How much do Israeli insurance executives earn?

Israeli insurance companies have been paid more than $4.3 million per year, the compensation of top executives in the insurance industry in recent years, according to a report by the Israeli Insurance Federation.The report, which includes compensation data from all Israeli insurance businesses, is part of a broader effort by the insurance sector to provide […]

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Why it’s not possible to get health insurance under Obamacare

How the ACA health care law will be a boon to insurance companies: By creating a new category of insurance policies, it will allow insurers to offer higher deductibles and co-payments, with the hope that they can raise rates enough to cover the higher costs.That will create new demand for the plans, which will be […]

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What’s in your insurance company?

Insurance industry officials are set to release their annual report on insurance market trends next week, and it’s likely the biggest surprise in the report is that the number of people insured in the market is at an all-time low.“This year’s Insurance Industry Review will give us a snapshot of how insurance market fundamentals are […]

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When you get hit by a car, the insurance industry can’t help but pay attention

There are many ways for insurers to profit from the automobile accident, but the most common is by covering the expense of the vehicle’s insurance.As of 2014, the Insurance Industry Association of America estimates that an insurance company would have to cover about 60 percent of the cost of a vehicle accident.That means an insured […]

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How to write a better insurance contract

In this installment of Insuring the Future, I’m taking a look at the different ways in which the insurance industry is trying to improve the business of insurance.Insuringthefuture.com, our new premium subscription service, provides the world with a unique view into the ins and outs of the insurance business.Insuring the future: How insurers are trying […]

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Anthem and Aetna sell off 2,000 shares at a loss

Health plans and other health insurers sold more than 2,700 shares of the health care industry’s leading insurer at a profit, with Aetne losing a record $7 billion, according to people familiar with the matter.Anthem and Cigna said the sales were in part driven by an improved performance in the third quarter and that the […]

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Which is better for your health?

Health insurance is one of the main reasons why Canadians are so unhappy with their health care system, but many experts say the country is not the only place in the world where the same thing is happening.“If you look at some of the other countries that are experiencing the same issue as Canada, they […]

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Health insurance industry: How the ACA changed everything

By: Sandhya Choudhary, Reuters Health and Human Services Secretary Sylvia Burwell on Friday released a new analysis of the healthcare industry, which the Trump administration has criticized for a lack of transparency and a lack “fairness.”Burwell said she would take the report to Congress next month.The report, which is based on a study of about […]

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