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When the insurance industry’s profits fall, Americans will pay more for health insurance

Health insurance industry companies are in trouble.It’s a situation that many economists, including President Trump, have called unsustainable.The Wall Street Journal reports that premiums are falling, while spending per person is rising.But the trend isn’t slowing down.That means, if Trump were to announce his administration’s new plan to fix the health insurance industry and its […]

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How insurance companies made billions off healthcare.com

By Nick MatsonESPN.com/AJG/Getty ImagesThe American Medical Association is not pleased with what it calls the “totally inadequate” state of health insurance coverage.The group is urging the Department of Health and Human Services to review whether or not the current federal health insurance marketplace, known as HealthCare.gov, is providing enough health coverage.It was not clear what […]

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How to cut the risk of a car crash

When you’re about to leave the house, there are a lot of things you might do to prepare yourself for the worst.That includes having a seatbelt, making sure you’re wearing a seat belt, and staying in the car.But there’s one thing you should definitely not do when you leave your car at home: drive.A car […]

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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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Insurance industry challenges Trump, Trump administration in lawsuits over healthcare

The Trump administration is challenging the Obama administration’s decision to let insurers continue to charge individuals more for their health insurance coverage if they are found to have preexisting conditions.The administration is also suing the Trump administration, arguing that it failed to protect Americans from a plan by Anthem Blue Cross Blue Shield that would […]

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US insurers lose $300 million from ACA’s health law coverage losses

Insurers lost $300m in the second quarter of the Affordable Care Act, the second-largest loss of their kind, according to the American Association of Insurance Commissioners.The loss was more than double the $200m in profits insurers reported in the first quarter.The association attributed it to the ACA’s lack of coverage of pre-existing conditions and to […]

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UK insurers ‘on brink of collapse’ as UK insurers fail to meet their revenue targets

Insurance companies are bracing for a crisis in the UK insurance industry as the country struggles to pay off its debts.The insurance industry is set to report a second-quarter profit for the first time since 2010, which is expected to be the lowest in a decade, according to industry analysts.The result is expected, in part, […]

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How to Get Your Own Insurance Now

The Insurance Industry is on the brink of another financial crisis, and the number of Americans who have insurance through their employers is likely to grow faster than the total number of jobs that have been created in the last decade, according to the American Association of Insurance Commissioners.That means that many of the thousands […]

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How much does the Affordable Care Act cost?

A new study finds that the ACA, the healthcare law signed by President Barack Obama in 2010, is more expensive than it was anticipated, with a $2,400 premium per person in 2020 compared with $1,200 per person a year ago.The Kaiser Family Foundation, which is the leading health policy research organization in the United States, […]

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The latest from Australia’s insurance industry: Insurance companies have been recruiting more young people to work in the industry

Australia’s insurers have been taking a greater interest in recruiting and training young people from the young, and the young are not pleased.Key points:The latest recruiting figures from the Australian Insurance Council show more than a third of the top 100 recruiters were womenIt is not just in the private sector that young people are […]

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