Health Insurance
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The main trust fund behind Medicare, the $583 billion U.S. health program for the elderly and disabled, will be exhausted in 2030, four years later than projected last year, the government reported. more
WASHINGTON – The number of uninsured in the United States is expected to decline by nearly half, from 45 million in 2012 to 23 million by 2023, as a result of the coverage expansions associated with the Affordable Care Act, according to a report from the Centers for Medicare & Medicaid Services Office of the Actuary. The report was recently published in Health Affairs. more
BOSTON – An insurance company and its subsidiary have agreed to pay $1.3 million to settle allegations that they deceptively marketed and sold a discount health plan to hundreds of Massachusetts consumers, Attorney General Martha Coakley announced last week. more
When someone suffers an accident, they can’t always inform the responding EMTs about medications they’re taking, or tell them about a serious condition they might have. more
While most large employers don’t intend to change their health-insurance plans with the opening of the health-benefits exchange Oct. 1, small businesses struggling with the affordability are trying to understand what their options will be on the new exchange. more
With the exception of a few glitches at the launch last week, the new state-run health exchange, HealthSource RI, is up and running smoothly and public interest has been high. more
Imagine this: You are the CEO of ABC Co. headquartered in Providence. You have 700 employees (if you include dependents, that is about 1,500 human beings) who depend on you for their health care coverage. There is no other benefit that even approaches the importance of health insurance for them. more
UnitedHealth Group Inc., the biggest U.S. health insurer, reported third-quarter sales below analysts’ expectations while declining to raise its profit projections, driving shares down the most in six months. more
So HealthSource RI is up and running. At least comparatively speaking, it seems quite successful at this early stage, too, managing encouragingly high traffic, facilitating registration, and even enrolling new subscribers. In the first week of operation, the site enrolled about as many new subscribers as neighboring Connecticut, which draws from a much larger population. It would seem that Director Christine Ferguson and her small but intrepid staff deserve at least preliminary kudos for the frenetic effort needed to get the massive project off the ground on time. more
EAST PROVIDENCE – Rep. David N. Cicilline, D-R.I., and HealthSource RI Director Christine C. Ferguson are partnering to host three workshops to help small-business owners, young people and the uninsured in Rhode Island’s 1st Congressional District navigate the new health-insurance exchange. more
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