Insurance

Expanding Affordable Care Act: A Win-Win Situation for Poor Americans & Firms

Insurance provider Anthem's profits are on a roll, largely due to expansion of its Medicaid members under the President Obama's program for insuring the poor Americans under Affordable Care Act, which is funded by the government. This came amid CEO Joe Swedish's raised earnings forecast to over... read more

The faulty tampering with the government healthcare program, Medicare has totalled offenses worth $712 million, with the government arresting 243 people for submitting fake billing, the US Department of Justice stated on Thursday.

The mischief was revealed by a nationwide sweep led by the... read more

CVS Health Corporation on Thursday announced that it intends to buy pharmacy services provider Omnicare Inc, with a view to expand its presence in the senior care market.

The deal was struck at $12.7 billion, including Omnicare’s debt of about $2.3 billion. Omnicare is the nation's... read more

Health Insurance Company CareFirst has announced that its data has been compromised by hackers. Data of around 1.1 million current and former subscribers of the company has been stolen.

In the data breach, things that have been comprised include members’ names, birth dates, email... read more

Arizona’s Medical Insurance Stands Enfeebled by Lawmakers

Insuring the rich while depriving the poor could be termed as the present scenario in Arizona. The recent attempts by Arizona’s Legislature to overturn Medicaid benefits available to its citizens, brought out the Janus-faced approach of the government.

It is rather disquieting that a... read more

Married drivers usually pay lower cost for insurance

Tying knot can get you considerably cheaper car insurance premiums. According to Laura Adams, an insurance analyst at InsuranceQuotes.com, getting married has been found to lower the insurance premiums for automobile insurance sector.

It has been found in a recent study from... read more

Millions of Americans face higher flood insurance premiums

Millions of Americans face higher premium for flood insurance protection after a new law that came into effect this month. The new law allows the insurers to increase the premium by up to 18 percent. As many American families are still struggling to recover from Sandy, they are now starting at... read more

Repayment Begins to Help Replenish National Flood Insurance Program

According to experts, repayment has started to aid replenish the National Flood Insurance Program. Various coast homeowners saw a drastic raise in their flood insurance premiums.

The experts said that the National Flood Insurance Program is presently dealing with a 24 billion dollar... read more

Last Chance to enroll for healthcare coverage to avoid federal fines

The government has announced last opportunity for individuals who have missed to enroll for healthcare coverage under Affordable Care Act, promoted by President Barack Obama. The individuals with healthcare coverage face federal fines, which will be deducted from the tax refund.

According... read more

Customers and Employees of Anthem Inc to Get Free Identity Theft Protection for Two Years

Anthem Insurance on Wednesday announced that it will be offering protections to customers whose data may have been stolen during a recent data breach faced by the company. The insurer said in a statement that hackers managed to break into the computer system to gain access to the personal... read more

Anthem Data Breach: Fingers pointed at Chinese Hackers

Insurance giant Anthem recently informed that the massive data breach has exposed private information of more than 80 million customers. The company is still not sure if medical information or credit card data has been accessed by the hackers as well. The information stolen during the data... read more

Google to launch comparison platform for car insurance

According to an analyst from Forrester Research, an independent technology and market research company, Google, is going to launch a site for car insurance. The report stated that the comparison site was Google's long- anticipated project.

As per the reports, the site will offer services... read more

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