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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 insurers start selling health insurance policies, they’re making history

Insurers say they’re selling more than 200 million health insurance plans in the United States, more than the entire global insurance market.But as they’re expanding, insurers say they need to be more transparent about the prices and benefits that their plans cover, as well as how they’re paying for them.A new study published in the […]

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What to know about insurance and health insurance coverage for 2018

Health insurance coverage is one of the most important areas for a lot of people.But what about the coverage that’s already in place?That’s where insurance direct comes in.Here’s what you need to know to get started.1.Who is insured and how much is it?The federal government has a program that is known as the Essential Health […]

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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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Headhunter Insurers Are Selling Off Their Own Businesses for Cash

Headhunter Insurance, a major insurance company, has sold off its own businesses to pay for its new $2.4 billion acquisition of insurance for duds.In a statement, Headhunter said it is “proud to announce that it is selling off all of its existing and future assets including its headquarters, business and other businesses.”The deal, announced Wednesday, […]

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Obamacare premiums soar as insurers seek lower-cost plans

More than 70 percent of the insurers participating in the government-run marketplace are refusing to offer coverage to anyone who has a pre-existing condition, and many of those insurers have said they’re leaving the exchange as soon as they can.The Trump administration has been pushing the idea that people who are sick or injured, or […]

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What’s driving insurance industry growth?

By Sarah DingleThe insurance industry continues to grow.It grew at an annual rate of about 1.7% last year, according to a new report from the Center for American Progress.The average growth rate since 2007 was about 0.4%.But that’s just the rate of growth, according the Center.The industry added a lot of jobs.And there’s a lot […]

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‘Insurance Industry Job Search’: Interview Tips for Job Seekers

In the healthcare industry, recruiting is a high-stress, high-stakes business, and the job market is expected to continue to expand.But a new survey suggests that the job search process is not always easy.As part of a research project at Georgetown University, the healthcare recruitment firm CareerBuilder conducted an online survey of 5,848 job seekers for […]

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What you need to know about Obamacare and the Affordable Care Act (ACA)

Posted November 20, 2019 06:32:12The Affordable Care, or ACA, is the health care law signed into law by President Donald Trump and signed into effect by President Barack Obama in 2017.Under the law, millions of Americans now have health insurance that they can purchase through a private health insurance company or government-sponsored insurance.It has been […]

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