Health Insurance News
The Delaware Department of Insurance has scheduled three public hearings in May to address the proposed affiliation of Blue Cross Blue Shield of Delaware with Highmark Inc.
Obama signs end of ‘onerous’ 1099 tax reporting requirement
President Barack Obama signed a repeal of “onerous” reporting rules, forcing insurance agency owners and other small businesses to report on 1099 tax forms any transactions with vendors of at least $600.
Keep Medicaid, Medicare funding, but trim tax deductions, agents say
While Republicans and Democrats are fighting over where to make major federal budget cuts, insurance agents are clear: Medicare and Medicaid should not be targets of the budget ax.
Group takes aim at bill seeking agent commission exemption
A consumer advocacy group attacked a bill before Congress seeking to exempt insurance agent and broker commissions from the medical loss ratios, calling it “special interest legislation.”
President Barack Obama took aim at the Republicans’ budget proposal for next year, saying their planned cuts to Medicaid and Medicare paint a “deeply pessimistic” view of the nation.
Two bills, passed by the Maryland General Assembly and signed into law by Gov. Martin O’Malley, change the insurance landscape in Maryland.
A new Republican federal budget proposal cuts Medicare and Medicaid funding, part of its attempt to cut government spending by more than $6 trillion in the next decade.
U.S. Senate joins House in repeal of 1099 tax-reporting rule
The U.S. Senate has joined the U.S. House of Representatives in passing a bill that will repeal the 1099 tax reporting requirements imposed on businesses with federal health reform.
N.C., N.J. entities ordered to stop Internet health plan sales in Conn.
Connecticut’s insurance commissioner has issued a cease and desist order against companies in New Jersey and North Carolina, and against a New Jersey man for marketing limited health benefit plans in the state without licenses.
Virginia Gov. Bob McDonnell is hoping the state’s General Assembly will join him in prohibiting the state’s health insurance exchanges from covering abortions.

Obama to force insurers to give out birth control when employers won’t
Group representing 119 in Congress calls individual mandate illegal
Insurer fined for charging unapproved rates on students’ policies

Brokerage firm pays $3.3M for bad-mouthing insurance broker
Employee benefit offerings only as good as the discussion about them
Sponsors of 401(k)s adding features to boost participants’ investment

Mercury Insurance seeks agents, unveils new commercial auto product
Most, least expensive 2012 car models to insure announced
Two insurance agents allegedly stole $422,000 from family brokerage


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