Covered California Rising costs
Insurance Insider Newsletter

Covered California Rates Jump 13% in 2017

Covered California’s premiums jumped 13.2% for 2017, up from about a 4% increase in each of the past two years. However, most consumers will see a much smaller increase or pay less next year if […]

Insurance Insider Newsletter

No End in Sight for Escalating Prescription Drug Spending

Prescription drug costs are rising more than 10% a year, which is twice the rate of medical costs increases according to an A.M. Best report. Retail prescription drug spending grew 12.2% in 2014 compared to […]

Insurance Insider Newsletter

Manufacturing Leads Adoption of High-Deductible Health Plans

A survey by Benefitfocus reveals distinct differences in benefit offerings among manufacturing, education, and health care industries. Manufacturing leads the adoption of high-deductible health plans (HDHPs), education favors traditional plans (PPOs, HMOs, etc.) and the […]

Insurance Insider Newsletter

What Small Business Owners Don’t Tell Their Brokers

Small business owners are reluctant to give detailed information to benefit brokers who haven’t earned their trust, according to a white paper by MetLife. Ilka Ramirez of the TIA Group says that clients often withhold […]

Insurance Insider Newsletter

Commissioner Urges DOJ to Block Anthem/Cigna Merger

California Insurance Commissioner Dave Jones is urging the Dept. of Justice to block the merger of Anthem and Cigna. The merger, which is estimated to be worth more than $50 billion, would make Anthem the […]