Health and Benefits News

Assurex Global Launches Employee-Benefits Marketplace Platform

Assurex Global has launched a new private marketplace employee benefits platform for employers to offer a wide-range of administrative flexibility and employee health benefit options. “Employers have been struggling for years with ever-increasing medical costs,” said Assurex Global President and …

HUB International Acquires Louisiana-Based Brokerage Benefit Concepts

Insurance broker Hub International Limited (Hub) has acquired the assets of Benefit Concepts Inc. (BCI), a Shreveport, La.-based employee benefits brokerage firm. Terms of the acquisition were not disclosed. BCI will become part of the Texas operations of Hub International …

Digital Insurance Acquires Missouri-based Health Star Consulting

Digital Insurance announced the acquisition of Health Star Consulting of Clayton, Mo. The benefits firm merged with the St. Louis office of Digital Benefit Advisors (DBA), a division of Digital Insurance. Health Star Consulting Principal Devin Bernstein joined the DBA …

Only 15 States Plan to Operate Own Health Insurance Exchanges

Only 15 U.S. states plan to operate health insurance exchanges under President Barack Obama’s reform law, leaving Washington with the daunting prospect of creating and operating the new online marketplaces in at least two-thirds of the country. On the eve …

Study: North Dakota Health Insurance Market Near Monopoly

An American Medical Association study concludes that North Dakota’s health insurance market is almost a monopoly but the state’s dominant health insurer says consumers are not getting gouged. The study says a concentration of health insurance among a handful of …

Cedar Falls, Iowa, Cuts Worker Hours to Avoid Health Insurance

Officials in Cedar Falls, Iowa, plan to reduce dozens of part-time public employees’ hours in order to avoid having to offer them insurance under a requirement of the federal health care overhaul set to take effect in 2014. Cedar Falls …

Hobby Lobby Appeals Morning-After Pill Decision

Hobby Lobby Stores Inc. is asking a federal appeals court to block part of the federal health care law that requires the Christian family-owned arts and crafts company to provide insurance coverage for emergency contraception pills. The Oklahoma City-based company …

Health Plan Cost Rate Hikes Lower for Large Employers in 2012: Aon

In 2012, large U.S. companies and their employees saw the lowest health care premium rate increases in six years, according to an analysis by Aon Hewitt, the global human resources firm. The average health care premium rate increase for large …

Digital Insurance Buys North Carolina’s Strategic Benefit Solutions

Employee benefits agency Digital Insurance in Atlanta has acquired Strategic Benefit Solutions of Raleigh, N.C., and merged it with its local office of Digital Benefit Advisors (DBA). Strategic Benefit Solutions President Henry D. Stewart joins the DBA team in Raleigh. …

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 …