Archive for March 1st, 2015

N.C. Based Blue Cross Posts Loss, Blames Obamacare, Not Actuaries

Sunday, March 1st, 2015

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Blue Cross and Blue Shield says it has posted its first financial loss since 1999 as a result of insuring high numbers of older and sicker people under the Affordable Care Act.

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City of Fort Worth Releases Health Insurance Fund Balance Audit

Sunday, March 1st, 2015

 

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The objectives of the audit were to review the consultant’s report and determine the reason for the difference in the consultant’s calculated change in the fund surplus versus the audited change in fund balance for the Group Health and Life Insurance Fund.

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Wellness Plans Don’t Work – Weight Loss Almost Always Come Back

Sunday, March 1st, 2015

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Yet another paper has been published on the waste of time, money and morale that results from the recent infatuation with wellness programs.

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Why Broker Health Plan Fee Agreements No Longer Work

Sunday, March 1st, 2015

4 percent signWith the PPACA rules on mandatory minimum medical loss ratios (MLR) rules now in place, brokers should not be saddling clients with “fee” arrangements or underfunded commission agreements on medical policies.

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