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Tag: insurance

Best Doctors Insurance Wins ‘Marketing Department of the Year’ Award | News

October 6, 2020
| No Comments
| Dept Of Health

PHILADELPHIA, Oct. 6, 2020 /PRNewswire/ — The Business Intelligence Group today announced the winners of the 2020 Public Relations and Marketing Excellence Awards which identified the leading agencies and corporate departments who delivered quantifiable business results.

“Businesses are certainly in an unusual time, and many rely on public relations and marketing professionals to help ensure customer stability,” said Maria Jimenez, Chief Nominations Officer of the Business Intelligence Group. “Our winners have clearly shown us and our judges that they have the unique ability to solve critical business issues with knowledgeable and consistent communications and campaigns for their clients. Congratulations to you all!”

In under 12 months, the Marketing Team at Best Doctors Insurance launched a myriad of new initiatives that include high quality video content creation, an in-house magazine, and even a weekly podcast show. The Marketing Department has been under the leadership of Marketing Director- Whilly Bermudez

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Even in a Pandemic, Trump and Republicans Want to Take Americans’ Health Insurance

October 6, 2020
| No Comments
| Health Facts

During last week’s presidential debate, President Donald Trump was asked about his plans for health care reform, given the court challenge to the Affordable Care Act that his administration is supporting. The Supreme Court is scheduled to hear the case, California v. Texas, on November 10, one week after the election. If the Supreme Court rules in favor of the Trump administration and 20 Republican-led states challenging the ACA, then it will cease to exist—and tens of millions of Americans could lose health coverage almost instantly.

Trump has spent much of his presidency talking about how he’s going to replace the ACA with something better. Yet that hasn’t happened. Efforts to repeal the ACA and replace it with a slimmed-down GOP version failed in 2017, and there hasn’t been any legislative traction since. Trump’s recent executive order that he claims would “protect pre-existing conditions” lacks the necessary legal firepower—such

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Best Doctors Insurance Wins ‘Marketing Department of the Year’ Award

October 6, 2020
| No Comments
| Dept Of Health

PHILADELPHIA, Oct. 6, 2020 /PRNewswire/ — The Business Intelligence Group today announced the winners of the 2020 Public Relations and Marketing Excellence Awards which identified the leading agencies and corporate departments who delivered quantifiable business results.

Best Doctors Insurance Logo
Best Doctors Insurance Logo
Whilly Bermudez
Whilly Bermudez

“Businesses are certainly in an unusual time, and many rely on public relations and marketing professionals to help ensure customer stability,” said Maria Jimenez, Chief Nominations Officer of the Business Intelligence Group. “Our winners have clearly shown us and our judges that they have the unique ability to solve critical business issues with knowledgeable and consistent communications and campaigns for their clients. Congratulations to you all!”

In under 12 months, the Marketing Team at Best Doctors Insurance launched a myriad of new initiatives that include high quality video content creation, an in-house magazine, and even a weekly podcast show. The Marketing Department has been under the

… Read More

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Here’s how scores will be calculated in the new colour-coded health insurance plans

October 6, 2020
| No Comments
| Health Plans



a close up of text on a white background: Explained: Here’s how scores will be calculated in the new colour-coded health insurance plans


© M Saraswathy
Explained: Here’s how scores will be calculated in the new colour-coded health insurance plans

Health insurance policies will soon have a colour-coding system of green, orange or red to show whether a product is simple, moderate or complex.

Insurance Regulatory and Development Authority of India (IRDAI) has said that a score will be assigned to each product, depending on the product features and the type of covers. For customers, this is meant to reflect whether the product is simple or complicate to understand. 

Green is a colour which all health insurers will desire to get as this means that the product is simple. 

Factors like number of optional covers, percentage of co-pay, waiting period, permanent exclusions, number of treatments included, and simplicity of terms will be considered for deciding on a score for the product.

Moneycontrol gives you a glimpse of how the colour code will work.

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D.C. residents to see small increase in health insurance marketplace rates

October 5, 2020
| No Comments
| Health Plans

Rates for individual coverage will increase overall by 0.2 percent and rates for small-group coverage, such as small businesses, will decrease by 0.5 percent, according to the D.C. Department of Insurance, Securities and Banking, which reviews and approves rates for the online marketplace.

The 2021 rates are a “big win for D.C. residents in making health care more affordable and accessible,” said William Borden, a professor of medicine and health policy at George Washington University. He pointed to how people have struggled to keep up with rising health insurance premiums, even before the novel coronavirus took hold.

“Having health insurance is clearly associated with better health outcomes, and so if there was going to be a sharp increase in insurance premiums that really could be devastating, especially as individuals, small businesses are already struggling financially,” Borden said.

Insurers initially asked for rate increases as high as 30 percent, but most

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zizzl Launches Budget Friendly Health Insurance Solution For Business

October 5, 2020
| No Comments
| Health Benefits

MILWAUKEE, Oct. 5, 2020 /PRNewswire/ — Today, zizzl announced the launch of zizzl Health.  “Gone are the days of nervously waiting for that health insurance renewal to arrive with an increase that breaks your budget,” says Ray Seaver, CEO of Milwaukee-based zizzl.  “With zizzl Health, simply set your health insurance budget each year based on what the business can afford, and employees get a choice of high-quality plans they can afford.”

Utilizing the newly available Individual Coverage Health Reimbursement Arrangement (ICHRA) https://zizzl.com/wp-content/uploads/2020/09/zizzlhealth.com_.pdf, zizzl Health makes it easy for businesses to give employees pre-tax money they use to buy their own health insurance plan. “This is a game changer for businesses that struggle to find an affordable health plan that works for everyone,” explains Bruce Stahl, zizzl Principal and Chief Benefits Consultant.  “We’ve carefully selected a variety of plans from a variety of insurance companies and,

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How much health insurance costs a family with no job

October 5, 2020
| No Comments
| Health Plans

Justin McCurry retired in 2013. He and his wife decided at the beginning of their marriage that they wanted to quit working while they were young.

So the couple ran some calculations, made a budget and set out to save 50% to 80% of their income every month. After about 10 years, McCurry was 33 years old and the couple had saved the nearly $1.3 million he estimated they needed to retire. 

McCurry left his job as an engineer, and his wife retired from her career as a financial analyst not long after. Leaving their employers meant that the couple needed a way to provide health insurance for themselves and their three children. 

The average health insurance plan costs nearly $5,500 per year for an individual and close to $14,000 for a family, according to a 2020 study by eHealth.

Living on a fixed income, McCurry hoped to pay much

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Health Insurance Procurement Intelligence Report with Roadmap for Recovery from COVID-19

October 5, 2020
| No Comments
| Health Plans

The Health Insurance procurement market will register an incremental spend of about $ 748 billion, growing at a CAGR of 7.29% from 2020-2024. A targeted strategic approach to Health Insurance market sourcing can unlock several opportunities for buyers. This report offers market impact and new opportunities created due to the COVID-19 pandemic. Request free sample pages

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201005005587/en/

SpendEdge has announced the release of its Global Health Insurance Market Procurement Intelligence Report (Graphic: Business Wire)

Key benefits to buy this report:

  • What are the market dynamics?

  • What are the key market trends?

  • What are the category growth drivers?

  • What are the constraints on category growth?

  • Who are the suppliers in this market?

  • What are the demand-supply shifts?

  • What are the major category requirements?

  • What are the procurement best practices in this market?

Information on Latest Trends and Supply Chain Market

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Michigan Residents Will Have Access to Ambetter Health Insurance

October 5, 2020
| No Comments
| Community Health

DETROIT, Oct. 5, 2020 /PRNewswire/ — Earlier this year, Meridian Health, part of WellCare, merged with Centene Corporation, which offers Ambetter Health Insurance through the Health Insurance Marketplace. As part of this consolidation, Meridian Choice members will become part of Ambetter from Meridian. Michigan residents can also enroll in Ambetter from Meridian during the next open enrollment period starting November 1, 2020.

“Our members’ health remains our highest priority, and they can expect the same affordable, quality health insurance from us under our new name,” said Sean Kendall, Meridian Plan President and CEO for Michigan. “As Ambetter from Meridian, we’re building upon our commitment to care and customer service by leveraging the Ambetter resources that millions of people rely upon across the country.”

Michigan residents will begin to see Ambetter from Meridian replace the previous Meridian Choice name across various channels, including the community and online.

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Ambetter Health Insurance Remains Committed to Illinois Community

October 5, 2020
| No Comments
| Health Plans

CHICAGO, Oct. 5, 2020 /PRNewswire/ — For the next open enrollment period beginning on November 1, 2020, Ambetter Health Insurance will be offered in Illinois under a new name on the Health Insurance Marketplace – Ambetter of Illinois Insured by Celtic Insurance Company (“Ambetter of Illinois” or “Ambetter”). The health insurance plan has previously been available as Ambetter from IlliniCare Health.

“Although we’re changing our name, our members’ health coverage is still the same, and they can expect the same personalized service and benefits we’ve delivered for years,” said James Kiamos, Meridian Plan President and CEO for Illinois. “Ambetter of Illinois remains committed to transforming the health of the community, one person at a time, and we look forward to further empowering our communities to take charge of their health.”

Illinois residents will begin to see Ambetter of Illinois replace the old brand name

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