It may seem a little paradoxical in the “internet age” that health insurance companies are setting up “retail” locations in malls to help passers by purchase individual health insurance. While this article indicates that about 1% of the individual market is purchasing insurance from retail locations, this seems to be a growing trend. Insurers may [...]
Archive for September 1st, 2009
Health Insurers Set up Shop in a Mall Near You
Posted in All, Individual Major Med, News on September 1, 2009 | Leave a Comment »
Government Run Health Insurance Debate Rages on YouTube
Posted in All, News on September 1, 2009 | 3 Comments »
Thanks to Rick Bronstein for alerting me to this video and the rebuttal. This might be worth your time to watch. . .educational and entertaining, as well. There are plenty of additional points I could add, but the one of the most annoying things to me is when people link “administrative overhead” to efficiency. You need [...]
Wall Street Journal Report on Outlook for CVS Caremark, Parent of SilverScript Insurance Company
Posted in All, Part D, SilverScript on September 1, 2009 | Leave a Comment »
On Sunday, the Wall Street Journal Online, reported on the healthy outlook for CVS Caremark’s retail business and Pharmacy-Benefit-Management (PBM) unit. You can view the article on the WSJ.com website here. Recently, I blogged about the new relationship Ritter Insurance Marketing formed with SilverScript, a CVS Caremark subsidiary. You can learn more about SilverScript by [...]
Conseco Announces Plan to Consolidate Insurance Subsidiaries to Build Capital
Posted in Conseco Insurance Company on September 1, 2009 | Leave a Comment »
Click here to view the entire Press Release. Conseco will be attempting to merge two of it’s insurance subsidiaries, Conseco Insurance Company and Conseco Health Insurance Company into a third subsidiary, Washington National Insurance Company (“WNIC”). This is subject to approval by regulators in Arizona, California and Illinois. The intent is to reduce administrative costs [...]
AM Best Withdrawals Public Data Ratings Assignments on 134 US Health Insurers Including Health Maintence Organizations (HMO) and Blue Cross and Blue Shield (BCBS) Plans
Posted in News on September 1, 2009 | Leave a Comment »
AM Best stopped providing financial ratings on 134 Health Insurers where they had relied on Public data to support financial ratings. Among the group were closely held corporations and not-for-profit organizations. The AM Best Press Release also cited lower margins, decreasing group sizes, Medicare Advantage cuts and the potential impact of health care reform. View [...]
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