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Health/Employee Benefits News

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The latest news, regulation and trends in health and employee benefits.

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Employers Moving Away From Funding Voluntary Long-Term DI

November 10, 2015

As employers move away from fully funding products, they are becoming more interested in voluntary long-term disability solutions as a way for employees to help fill benefit gaps. In fact, the number of employers indicating that they fully fund LTD benefits has decreased from 51 percent in 2009 to only 24 percent in 2014, according to a 2014 Eastbridge study.

Small Business Is Big Business For Brokers

November 9, 2015

Insurance brokers looking to improve their bottom lines in the wake of health care reform and insurance industry realignment can find success in the country’ s millions of small businesses, according to new research from Colonial Life. “There is a lot of discussion of brokers leaving the small business market because of health care reform and insurance…

Guardian Makes Dental Coverage Available Online

November 9, 2015

NEW YORK, N.Y., Nov. 9, 2015 — The Guardian Life Insurance Company of America® (Guardian), one of the nation’s largest…

Cigna Reports Strong 3Q, Raises Outlook

November 6, 2015

Cigna Corporation today reported third quarter 2015 results with strong revenue and earnings contributions across the Company’ s diversified portfolio of businesses driven by the continued effective execution of our strategy. Cigna's adjusted income from operations 1 for the third quarter of 2015 was $593 million, or $2.28 per share, compared to $548…

Aflac Launches Enhanced Critical Illness Product

November 6, 2015

COLUMBUS, Ga., Nov. 5, 2015 — Aflac, the leading provider of voluntary insurance at the work site in the United…

N.Y. Appeals Court Reverses Conviction Of Insurance Agent

November 5, 2015

Agent Norman J. Michaels Jr. and Rob Robinson, former Chamber president, had been accused of fraud involving the sale of MVP Health Insurance Co. coverage years ago. In a decision Oct. 22, the state Supreme Court, Appellate Division, Third Judicial Department, decided on Michaels' appeal. In June 2014, Robinson had pleaded guilty before Judge John Lambert in Otsego…

Genworth Launches The LTC Source

November 4, 2015

Richmond, Va. (Nov.4, 2015) – The impact of a long term care event on a client’s well-planned retirement can be…

More Than Half Of ACA Co-Ops Have Now Failed

November 4, 2015

The number of failed co-ops grew to one dozen as Michigan became the latest to announce it was closing.

Anthem, Blue Shield Fined $650,000 For Faulty Doctor Directories

November 4, 2015

Nov. 04– As part of the bumpy rollout of Obamacare in California, two major insurers– Anthem and Blue Shield– were issued $650,000 in fines Tuesday because they provided inaccurate doctor directories that resulted in costly overcharges for some patients. The surveys were prompted by numerous complaints from consumers who had trouble last year finding…

Only 3 In 10 Affluent Boomers Have Planned For LTC

November 3, 2015

BOSTON, Nov. 3, 2015 /PRNewswire/ — Nearly two-thirds of affluent Boomers view long-term care as a potential risk to well-being in…

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