Archive for April, 2011

Aetna boosts cat bond coverage for health insurance risks

April 29, 2011
By
Aetna boosts cat bond coverage for health insurance risks

  Aetna Inc (AET.N) has returned to the catastrophe bond market with an upsized $150 million deal, after the U.S. health insurer decided to sell an extra layer of protection on its existing reinsurance programme less than five months after it closed its Vitality Re transaction. Standard & Poor’s (S&P) assigned BBB and BB+...
Read more »

Posted in STIBroker | 2 Comments »

Texas Senate approves health care payment reforms for doctors and hospitals

April 19, 2011
By
Texas Senate approves health care payment reforms for doctors and hospitals

  AUSTIN, Texas (AP) – The Texas Senate unanimously approved two major bills that would reform how doctors and hospitals are paid or operate. Republican state Senator Jane Nelson said Senate Bill 7 would encourage greater efficiency in Medicaid services by reducing payments for preventable readmissions and complications. Medicaid patients would also be required...
Read more »

Posted in STIBroker | 7 Comments »

UnitedHealth CEO compensation grows 21 percent in 2010, matching the insurer’s profit increase

April 14, 2011
By
UnitedHealth CEO compensation grows 21 percent in 2010, matching the insurer’s profit increase

  Health insurer UnitedHealth Group Inc.’s earnings rose 21 percent last year and so did the compensation it gave CEO Stephen J. Hemsley. Hemsley, 58, received compensation totaling $10.8 million, according to an Associated Press analysis of a regulatory filing made Wednesday by the Minnetonka, Minn., managed care company. That’s up from $8.9 million...
Read more »

Posted in STIBroker | 1 Comment »

Cash Before Chemo: Hospitals Get Tough

April 13, 2011
By
Cash Before Chemo: Hospitals Get Tough

Humana exchange rates here….. https://www.humana.com/insurance-plan-quotes/AOALanding?SANID=1263296 BLUE CROSS BLUE SHIELD (BCBS) exchanges rates here….. https://retailweb.hcsc.net/retailshoppingcart/TX/census?ExpressLinkedAgentId=4691   LAKE JACKSON, Texas — When Lisa Kelly learned she had leukemia in late 2006, her doctor advised her to seek urgent care at M.D. Anderson Cancer Center in Houston. But the nonprofit hospital refused to accept Mrs. Kelly’s limited...
Read more »

Posted in STIBroker | 46 Comments »

Health care cuts will leave state in critical condition, foes say

April 10, 2011
By
Health care cuts will leave state in critical condition, foes say

Deep spending cuts in the recently passed House budget would profoundly change the state’s medical system, placing tens of thousands of Texans in the difficult position of finding alternate care from a dwindling list of prospects, health care advocates warn. Much of the impact would be on elderly Texans, adults with disabilities, those in...
Read more »

Posted in STIBroker | 2 Comments »

Child-Only Insurance Vanishes, a Health Act Victim.

April 1, 2011
By
Child-Only Insurance Vanishes, a Health Act Victim.

  Only months from their 65th birthdays and the switch from employer-offered health coverage to Medicare, Phillip and Diann Green of Forney realized they had a problem. After retirement, none of the state’s insurance companies will cover their 12-year-old granddaughter, Aria, whom they have raised since her infancy. Insurers in Texas and across the...
Read more »

Posted in STIBroker | No Comments »