Health and Benefits News

Washington Regulator Calls Denying Insurance to Children Illegal

Washington Insurance Commissioner Mike Kreidler has ordered Regence BlueShield to stop illegally denying insurance to children. Last week, the company had announced it was going to stop selling insurance to children. “Regence is in clear violation of state law that …

Louisiana Prevails in Pharmaceutical Marketing Case

Louisiana Attorney General Buddy Caldwell announced that a jury returned a jury verdict in the amount of $257,679,500 against Janssen Pharmaceutica Inc. and its parent company Johnson & Johnson for violating the state’s Medical Assistance Programs Integrity Law (MAPIL). The …

King Joins Lockton San Antonio Benefits Practice

Kansas City, Mo.-based insurance broker, Lockton Companies, has expanded its employee benefits practice in San Antonio, Texas, with the addition of registered dietitian and well known television personality Heather King. Heather’s broad experience and background in nutrition, healthcare and wellness …

Texas Agents Join Forces to Launch Health Insurance Coalition

Three insurance producer groups have joined forces to form the Texas Coalition of Health Insurance Agents to monitor, respond to and communicate on the implementation of the Patient Protection and Affordable Health Care Act (PPACA) in Texas. Coalition members include …

Midwest States Getting $1M Each for Health Exchanges

Federal officials say Illinois, Nebraska and the Dakotas will each be getting $1 million to help the states establish a health insurance exchange. The exchanges, created by the federal Affordable Care Act, are meant to be one-stop shopping where people …

Iowa-based Principal Financial to Exit Health Insurance

Principal Financial Group Inc., an insurance, retirement and financial services company, said it is getting out of the health insurance business. It said the move will eliminate 150 jobs initially and more later. Principal’s health insurance division employs 1,500 workers …

Illinois Cracks Down on Unauthorized Insurance Businesses

The Illinois Department of Insurance has entered an order prohibiting AIM Health Plans Inc., CEO Clubs Inc. (a/k/a Chief Executive Officers Club), Insurance Resource Group Inc., Integrated Insurance Marketing Inc., Gary L. Karns, Jr. and Louis R. De Luca (“Respondents”) …

Report: $4B in Tax Breaks for Illinois from Health Law

A consumer group says more than 1 million Illinois residents will be eligible for tax credits to offset the cost of health insurance starting in 2014. Families USA released the estimate in a report on how the new national health …

Illinois Department of Insurance Highlights Pending Health Reform Changes

The Illinois Department of Insurance is reminding Illinois families and employers that significant new health insurance benefits and protections become effective Sept. 23, 2010. The changes — a result of the Patient Protection and Affordable Care Act (the “Act”) signed …

Waiver of Coinsurance Option Added to Petersen International Medical Plans

Petersen International Underwriters announces a new option for waiver of the Coinsurance charges on the International Major Medical, USAway International Major Medical and Yacht Medical plans. Traditionally there is an 80/20 coinsurance of the next $5,000 of expenses following an …