Healthcare Reform will save Michigan families thousands of dollars by 2019 A new report from Families USA estimates that the average Michigan household earning less than $100,000 a year will save an average of $2,200 annually on health insurance premiums once national health care reform is fully under way in 2019.
“Those families with existing health insurance coverage will pay $522 less in premiums by 2019, while those currently without health insurance will receive federal assistance projected to average $4,383 a year”, said Ron Pollack, president of Families USA, a consumer protection group based in Washington, D.C. The complete report can be found
here.
Cigna to buy HealthSpring for $3.8b Managed-care company Cigna Corp. said Monday it buy fellow health insurer HealthSpring Inc. in a $3.8 billion deal that would boost Cigna's Medicare Advantage business.
Read More Bloom Health acquired by consortium of 3 large health plans Bloom Health, will be co-owned by WellPoint, Health Care Service Corp. and Blue Cross Blue Shield of Michigan. The company offers employers an alternative to the traditional health benefit model with a private exchange. Read More Wellcare & Universal are potential takeover targets for Aetna Cigna Corp.’s $3.8 billion deal to buy Healthspring Inc. this week has left Aetna with the fewest Medicare customers among the largest U.S. health insurers. Buying Coventry Health Care Inc., with 1.37 million Medicare customers, or WellCare, with 1.07 million, would give Aetna’s 837,000-member program the biggest boost.
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hCentive, Inc. has been selected as a Finalist for Red Herring's Top 100 Asia award, a prestigious list honoring the year's most promising private technology ventures.
The Red Herring editorial team selected the most innovative companies from a pool of hundreds. The nominees are evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries. Read More
In the previous blog posts, we looked at Private Exchanges and how they function. We've seen the functioning of Public Exchanges. Finally, in this edition, we give you a low-down on the complicated lingo that is thrown around with the reforms.
hCentive is in the business of helping payers, states and federal government set up exchanges and online sales portal. Our suite of products provide solutions for Individuals Sales & Enrollment, Group Sales & Enrollment and Health Insurance Exchanges. To see how we can help your business, and learn more about our solutions: