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Michael Meulemans

Insurance January 2012 Archive

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Homeowners Rates in 11 States Rise 18%

Monday January 30, 2012
Homeowners insurance rates are increasing enormously in 11 states for 2012 following record 2011 catastrophes. Several home insurers will make hikes of 18% or more on specific homeowners insurance lines in ... Read More

Texas Welcomes Rains, but not Tornados

Friday January 27, 2012
While the phrase, "be careful what you ask for", may be somewhat appropriate, torrents of rain finally fell on drought-stricken and wildfire-prone Texas, but destructive tornados unfortunately, hitched a ride. Three ... Read More

Medigap Plans and the PPACA

Thursday January 26, 2012
Its obvious that every health insurer is closely watching the implementation of the PPACA. In the Medigap sector they are watching to see how the medical loss ratio rules ... Read More

NCQA Names 6 ACO Early Adopters

Monday January 23, 2012
The National Committee on Quality Assurance (NCQA) has now announced that the first six provider-based accountable care organizations (ACO) to seek accreditation from the ACO program NCQA launched back in ... Read More

Voluntary Benefits Ready for a Boom?

Monday January 23, 2012
With looming changes from health care reform on the horizon and increased cost-shifting to employees, voluntary benefits emerge as a bigger player in the benefit programs of the future. According to ... Read More

CIGNA First Health Insurer to Enter India Market

Thursday January 19, 2012
Cigna has recently provided details on its joint venture to sell health insurance abroad in India, including the company name, CIGNA TTK and will begin operations in 2013. CIGNA, according to ... Read More

Health Reform Battleground: States vs. Feds

Thursday January 19, 2012
A new report by the Obama administration enthusiastically says that 28 states (including Washington D.C. are well on their way to health insurance exchange implementation. That means that 23 ... Read More

Historic Blizzard Targets Northwest

Tuesday January 17, 2012
As the winter storm season intensifies a massive and historic blizzard will bulldoze through the upper northwest beginning Tuesday with 18 inches of snow expected in many parts of Washington ... Read More

Feds Say Numerous Health Rate Hikes Unreasonable

Friday January 13, 2012
U.S. Department of Health and Human Services Secretary Kathleen Sebelius says proposed increases in health insurance premiums for customers in five states have been deemed "unreasonable" by the agency. Federal officials ... Read More

American Health Spending Plateaus in Recession

Tuesday January 10, 2012
U.S. healthcare spending barely rose in 2010 from record-low recession levels, as high unemployment and the loss of private health insurance forced many Americans to delay or forego medical treatment, ... Read More

Romney's Blunder on Health Reform Question

Monday January 9, 2012
Presidential candidate Mitt Romney is in full damage control after a blundering comment on firing people related to a health reform question he answered today in New Hampshire, according to ... Read More

Insurance Industry Gains 3,000+ Jobs in December

Monday January 9, 2012
The U.S. insurance industry gained 3,300 jobs in December -- a 3.3% increase from the previous month, according to the latest insurance employment report released by the U.S. Bureau of ... Read More

Connecticut Drops Private Plans from Medicaid

Saturday January 7, 2012
Connecticut, beginning January 1st dropped private insurers from running Medicaid plans for the state's 400,000 managed care members. Connecticut has decided that it will assume financial responsibility for all its ... Read More

2011 P&C Industry Assessment, 2012 Predictions

Thursday January 5, 2012
The property/casualty industry took hit after hit after hit in 2011 with numerous tornados, hurricanes, and wildfires, earthquakes that caused insurers to pay our more than $32 billion in 2011 ... Read More

Santorum's Take on Medicaid Reform

Tuesday January 3, 2012
The Presidential race for the Republican ticket is heating up, but did Rick Santorum go too far in his rhetoric Sunday on the Iowa campaign trail? Santorum does routinely make bold ... Read More

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