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Long-term care insurance struggling to survive
NEW YORK (Reuters) Long-term care insurance, a product once seen as an obvious purchase for aging Americans, is under extreme pressure in its current form as the economics become increasingly difficult for underwriters. Insurers like Genworth Financial Inc. and Manulife Financial Corp.'s John Hancock, which dominate the ...
Insurers Must Spend At Least 80-85% Of Consumers' Premiums On Direct Care, Says HHS
Health insurance companies will have to spend a minimum of 80 to 85% of premiums on direct patient care, the HHS (US Department of Health and Human Services) announced. HHS Secretary Kathleen Sebelius said new medical loss ratio regulations will make the insurance marketplace more transparent. The regulation for ...
Health bills push 100 million people into poverty every year, according to the World Health Organization's latest World Health Report. That's especially the case in countries where people are more likely to pay directly for services at th
PPACA: The War of the Mini-Meds
Sen. Jay Rockefeller will hold a hearing Dec. 1 on whether limited-benefit ?mini-med? plans should be classified as health plans.
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