by Admin | Dec 31, 2008 | Insurance News, Uncategorized
Estimated at costing $54 billion annually, health care fraud increases health care costs for insurance companies, which get passed on to policyholders in higher premiums. Some recent patterns of health care fraud include: Billing for “free” screenings and services not... by Admin | Dec 31, 2008 | Insurance Laws, Insurance News
Michelle’s Law (HR-2851) was passed by Congress and signed into law by the President on October 3, 2008 as Public Law No: 110-381. Michelle’s Law requires group and individual health plans to continue covering otherwise eligible dependent children taking a... by Admin | Dec 30, 2008 | Blue Cross Blue Shield, Insurance News
Already struggling in a tough economy, many small employers are about to face another big hit: markedly higher increases in health-insurance premiums as they head into 2009. For many of these companies, the steeper increases couldn’t come at a worse time, when... by Admin | Dec 30, 2008 | Healthcare Reform, Insurance News, Obamacare, Politics
HEALTH care drained the federal budget of more than $1 trillion this year. That includes direct health care programs like Medicare, plus insurance for federal employees and the cost of excluding employer health-care contributions from workers’ taxable incomes. If... by Admin | Dec 24, 2008 | Insurance News, Uncategorized
All Blue Cross Blue Shield of Illinois Medicare Prescription Drug Plan (PDP) members will have access to the Blue Extras program effective January 1, 2009. Blue Extras is a value-added benefits program that offers discounts on health and wellness products and... by Admin | Dec 24, 2008 | Blue Cross Blue Shield, Blue Cross Blue Shield of Illinois, Insurance News, Medicare
Effective January 1, 2009, Prime Therapeutics will become the Medicare Prescription Drug Plan (PDP) pharmacy mail-order vendor for Blue Cross Blue Shield of Illinois plans, replacing Walgreens. Existing members who use the mail order program are being notified via...