It is more than a little scary when major health insurance companies refuse to report their data to a national committee for quality assurance. In recent news, the largest company to opt out of a ranking report was BCBS of Texas which was accredited with the National Committee for Quality Assurance until 2006, then opted [...]

Now that the Democrats are in charge in Washington, Insurers are bracing themselves for the impact. While they expected an improvement in the case of either president changing the current system, they are preparing for a boost in the individual marketplace as Obama works to get more uninsured people covered. There will also be a [...]

While health insurance was once viewed as a sector of the economy which would not suffer in a recession, as people will always require healthcare, it seems that this view no longer holds true. More and more people have lost their health insurance after losing their job, and even those who retain their coverage cannot [...]

Standard & Poors rating of the health insurance industry was changed from stable to negative, predicting that companies will be most likely downgrading in the near future. The rating also reflects a slumping economy and increased competition. Both Aetna and Cigna reported a drop in income, which hurt stocks last week. How do you think [...]

While Obama’s health care proposal is somewhat based on tested methods, with similar plans actually in action, McCain’s proposal has been accused of being based entirely on theory and could spell financial disaster. For one thing, McCain’s plan would tax health insurance benefits for the first time, most likely spelling the end of employer provided [...]