Joel Ario, who is leaving at the end of the month to join the Obama administration, made headlines last month when he blasted premium rate increases for small businesses imposed by Pittsburgh-based Highmark, the state’s largest health insurer, and others.
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But there are a few states that have stood up to the health insurance companies . States that have “prior approval” laws have been able to successfully fend off some of the over-the- top rate increases that health insurance companies have … Leaders of Cigna, Humana, UnitedHealth, WellPoint and Aetna received nearly $200 million in compensation in 2009, according to a report, while the companies sought rate increases as high as 39%. The top executives at the nation’s five largest for-profit health insurance companies pulled in nearly $200 million in compensation last year while their businesses prepared to hit ratepayers with … “Pennsylvania’s insurance commissioner is urging state legislators to pass a bill that would prohibit ‘health profiling’ and limit rate increases in advance of the 2014 enactment of the main provisions of the federal health-care reform law. Testifying before the House Insurance Committee, … Joel Ario said he arrived at those recommendations following the department’s investigation on the … Four top health insurers, including Woodland Hills-based companies Anthem Blue Cross and Health Net, will undergo additional reviews when proposing rate increases, I want to applaud Governor Ed Rendell and his partners in Pennsylvania for investigating the companies and fighting back against the kind of unreasonable rate increases that have made health insurance unaffordable for many American … Despite double-digit rate increases last year, Horizon Blue Cross Blue Shield offers some of the least-expensive health insurance in New Jersey. Low prices have helped the nonprofit become the state’s largest insurer with the name recognition and clout that experts say will be critical in order to weather changes in federal health-care laws. All health insurance plans have rate increases, and weve even seen premiums jump on some HSA plans. If a rate increase happens to you, you can switch to a different insurance company but only if you pass their underwriting requirements. … Making good on Governor Deval Patricks promise to reject health insurance rate increases deemed excessive, the state Division of Insurance yesterday denied 235 of 274 increases proposed by insurers for plans covering individuals and small businesses. Making good on Governor Deval Patricks promise to reject health insurance rate increases deemed excessive, the state Division of Insurance yesterday denied 235 of 274 increases proposed by insurers for plans covering individuals and small businesses. |
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