A group of six health insurers said it is not giving up its fight against Massachusetts insurance regulators, despite a court’s decision to deny them from putting proposed rate increases … Read →
Nearly a week after Massachusetts regulators disapproved 235 of 274 rate increases filed by health insurers citing the rising cost of care, a group of six companies is suing the state for a move it says will “likely cause greater costs and confusion.”
Group Health Cooperative and Health Alliance Plan topped the list of HMOs with fewest problems for members in a Consumer Reports survey conducted every other year.
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.