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Kaiser Health News asked themselves this very question and concluded with several factors (courtesy of the Bipartisan Policy Center) that can be attributed to rising health care expenses (exceeding $2.6 trillion) in the United States: 1. We pay our doctors, hospitals and other medical providers in ways that reward doing more, rather than being efficient. Most…
There is still confusion about whether pre-existing conditions matter when it comes to the cost of your health insurance premium. Kaiser Health News‘ “Insuring Your Health” columnist Michelle Andrews says the answer depends on how you buy your insurance. In 2014, the health law will prohibit insurers from charging you more because of your health…
Kudos to The Post & Courier for continuing to hammer away at Blue Cross/Blue Shield and the S.C. Insurance Commission: Saturday, May 7, 2011 The last thing the people of South Carolina need, as the unemployment rate hovers around 9.9 percent and health care costs have increased significantly, is ineffective regulation of health insurance providers.…
From The Post & Courier: By Brian Hicks [email protected] Wednesday, May 4, 2011 These days it really pays to have health insurance. But it pays much better to sell it. Renee Dudley’s story in Sunday’s editions of The Post and Courier said that Blue Cross Blue Shield of South Carolina saw its profits rise 46…
From The Post & Courier: By Renee Dudley [email protected] Sunday, May 1, 2011 South Carolina insurance regulators under-use their statutory power to reject health insurance premium rate hikes, harming consumers who have struggled with continual increases in recent years, watchdogs and analysts said. The South Carolina Department of Insurance “only occasionally” reduces rates after review,…
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