Health and Benefits News

Officials Urged to Keep Minimum Health Benefits Affordable

An advisory group urged U.S. officials to formulate a set of essential health benefits under President Barack Obama’s healthcare overhaul that is in line with cost of insurance in a typical small employer plan. The Institute of Medicine report issued …

Cigna Acquires UK’s FirstAssist Insurance Services to Broaden Product Line

Global health services company Cigna announced that it has agreed to acquire FirstAssist Insurance Services, a travel and protection insurance company based in the UK, from Barclays Private Equity. Cigna said the “acquisition will add a new product line to …

Hub International to Acquire Strategic Employee Benefit Services of Louisiana

Chicago-based Hub International Limited (Hub) announced plans to purchase Strategic Employee Benefit Services of Louisiana LLC (SEBS of Louisiana), a Metairie, La.-based benefit consulting and service firm. The acquisition is expected to close in early August and is subject to …

Louisiana Governor to Choose Adviser on Health Insurance Privatization

Three firms are vying to advise the Louisiana Gov. Bobby Jindal’s administration on efforts to privatize a state worker health insurance program. Michael DiResto, a spokesman for the governor’s Division of Administration, said the firms are Barclays Capital, Goldman Sachs …

Oklahoma Medical Company Tries Different Approach for Helping the Uninsured

A medical company in northeast Oklahoma is trying a different approach to help uninsured patients and those who have insurance, but want to reduce costs for simple procedures. Access Medical operates clinics in Tulsa and Catoosa that act as a …

Wisconsin Health Insurance Program Participation, Claims on the Rise

A new report shows more people are joining a Wisconsin state program that provides health insurance for the seriously ill. The Legislative Audit Bureau reviewed the financial status of the Wisconsin Health Insurance Risk-Sharing Plan Authority, which provides medical and …

Nearly 10% of Health Insurers Leaving Indiana; State Seeks MLR Waiver

Indiana Insurance Commissioner Stephen W. Robertson has announced he is seeking a waiver on behalf of Indiana from the federal Patient Protection and Affordable Care Act’s (ACA) 80 percent minimum medical loss ratio (MLR) for individual, major medical health insurance. …

Louisiana Gov. Keeps Group Benefits Privatization Report Secret

Louisiana Gov. Bobby Jindal’s administration handed over to senators a report involving efforts to privatize a state worker health insurance program, but has asked them to keep the document secret. Jindal’s Division of Administration refused to provide the report to …

Louisiana Senators Subpoena Report on Benefits Office

State senators in Louisiana have subpoenaed Gov. Jindal’s administration, seeking a report about the governor’s efforts to hire a private company to run a state worker health insurance program. The Senate and Governmental Affairs Committee approved the issuance of the …

Louisiana Group Benefits Chief Resigns

The chief executive officer of the health insurance office for state employees and retirees, hired by the Jindal administration in April, is resigning after receiving strong criticism from lawmakers about his work to help privatize office operations. Scott Kipper’s resignation …