group health insurance News

At $20K a Year, Health Insurance Costs Undermine Job-Based Health Insurance

The cost of family health coverage in the U.S. now tops $20,000, an annual survey of employers found, a record high that has pushed an increasing number of American workers into plans that cover less or cost more, or force …

Employees’ Share of Health Costs Continues Rising Faster Than Wages

Annual family premiums for employer-sponsored health insurance rose five percent to an average $19,616 this year, extending a seven-year run of moderate increases.The average single deductible now stands at $1,573 for those workers who have one, similar to last year’s …

Employer-Based Health Insurance Continues to Decline

The share of Americans who get health insurance through their jobs fell for the fourth straight year as aging baby boomers piled into the U.S. government’s Medicare plan and other adults sought coverage on their own. Medicare enrollment rose to …

How Agents, Brokers Can Help Themselves, Clients with Healthcare Reform

The Affordable Care Act (ACA) has accelerated change and confusion in the health insurance marketplace and businesses and individuals are counting on their insurance agents and brokers to help them understand the nitty-gritty of the ACA requirements. For many property/casualty …

What Employees Should Know About Healthcare Changes Ahead

If you like your 401(k) retirement savings account, you’re going to love what healthcare reform does to your employer-provided health care plan. In a post-Obamacare future, expect more employers to adopt defined contribution healthcare plans. Instead of providing coverage, they …

Hummel Named President of Humana’s Employer Group Division in Texas

Linda T. Hummel has been named president of the Employer Group Division for Humana Inc. in Texas. A 22-year veteran with Humana, Hummel will be responsible for the overall management and strategic planning for Humana’s statewide commercial operations and products, …

Premiums for Employer-Sponsored Family Health Plans Rose 4% This Year: Kaiser

Annual premiums for employer-sponsored family health coverage reached $15,745 this year, up four percent from last year, with workers on average paying $4,316 toward the cost of their coverage, according to a new report from the non-profit Kaiser Family Foundation. …

Aetna to Buy Rival Coventry Health for $5.6 Billion

Health insurer Aetna Inc. said on Monday that it would buy rival Coventry Health Care Inc. for $5.6 billion to increase its share of the fast-growing, U.S. government-backed Medicare and Medicaid programs. The purchase, which will add more than 5 …

Arkansas: Consultant’s License Required to Charge Compensation Fee

Insurance producers who assist group health insurance customers with coverage in Arkansas may collect a compensation fee from clients to make up for reduced commissions from health insurance companies, state regulators say. Producers who do wish to charge to charge …

Employer-Sponsored Health Insurance Hits New Low

The percentage of Americans who have health insurance through their employer slipped to a new low of 44.5 percent in the third quarter, a drop of over 5 percentage points in three years, according to a poll released Friday. Pollsters …