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Displaying items by tag: health insurance

Wednesday, 06 July 2022 12:52

Individual health insurance costs would increase 6.2% on average under proposals

Individuals who buy their own health insurance would pay an average of 6.2 percent more for coverage next year under insurance carriers’ recent rate filings with state regulators.

Published in Health Care
Monday, 27 June 2022 12:45

New state law aims to boost competition for health insurance as large employers seek coverage for workers

Gov. Gretchen Whitmer has signed legislation that is designed to better enable large employers to bid out their employee health coverage.

Published in Health Care
Friday, 27 May 2022 14:29

Major insurers seek 2023 rate increases; small businesses see ‘rough few years’

Michigan’s two largest health insurers again seek to raise small business rates for 2023 as medical claims rise and pandemic-related costs are considered for the first time.

Published in Health Care

Wednesday, 18 May 2022 11:40

Michigan slips in hospital-payment ranking as health systems also face rising costs

Michigan slipped six spots in RAND Corp.’s latest analysis of what hospitals in the U.S. charge private health insurers compared to what they receive from Medicare.

Published in Health Care
Thursday, 07 April 2022 16:11

Whitmer signs health care prior authorization reforms into law

Gov. Gretchen Whitmer has signed legislation that reforms how physicians and hospitals seek prior authorization from health insurers for patient care.

Published in Health Care
Tuesday, 01 March 2022 12:58

Blue Cross Blue Shield spent $860M on COVID-related claims in 2021; future costs to be factored into rates

The high cost of medical claims tied to the COVID-19 pandemic drove Blue Cross Blue Shield of Michigan to a loss in 2021 on its core health insurance business.

Published in Health Care

Sunday, 26 December 2021 19:05

Access Health reopens enrollment for small businesses for first time since 2018

A small Muskegon health plan designed for small businesses has reopened enrollment for the first time in a few years.

Published in Health Care
Tuesday, 22 June 2021 16:42

Blue Cross Blue Shield invests in Evio Pharmacy Solutions to drive prescription affordability

Blue Cross Blue Shield of Michigan joined four other Blues plans across the U.S. to form a new venture that seeks to reduce the high cost of prescription drugs.

Published in Health Care
Friday, 04 June 2021 08:55

Priority Health exec Marti Lolli named CEO of Utah-based health plan

GRAND RAPIDS — Marti Lolli, an executive at Priority Health for more than two decades, will depart this summer to become president and CEO of SelectHealth, a 950,000-member health plan in Salt Lake City, Utah.

Published in Health Care

Friday, 19 March 2021 14:44

Blue Cross rate adjustments to minimize cost increases for small business customers

Small business clients of Blue Cross Blue Shield of Michigan that renew their health policies in the second half of the year will see small rate increases of less than 2 percent.

Published in Health Care
Wednesday, 16 December 2020 13:16

Priority Health names health insurance veteran Praveen Thadani as new president

GRAND RAPIDS — Praveen Thadani, a veteran health insurance executive with 25 years of industry experience, becomes Priority Health’s new president early next month.

Published in Health Care
Thursday, 10 December 2020 15:08

State officials detail more COVID-19 vaccine plans; major insurers to cover costs

LANSING — State officials expect Michigan to receive nearly 260,000 initial doses of COVID-19 vaccines from Pfizer Inc. and Moderna Inc., based on federal estimates.

Published in Health Care

Saturday, 28 November 2020 08:54

Priority Health to issue health coverage rebates to large employers

Priority Health plans to give large employers a rebate early next year on their employee health coverage, a result of lower medical claims from the COVID-19 pandemic.

Published in Health Care