INN Daily Newsletter Hot Off The Wires

New LIMRA research reveals today’s younger workers expect a broader array of benefit offerings from their employers.

State Medicaid programs are playing a key role in ensuring Americans have the health care coverage they need and deserve as pandemic coverage requirements are phased out.

Research found that while 46% of financial advisers say they are comfortable with their current growth rate, a mere 12% strongly agree with that sentiment.

America’s Health Insurance Plans’ website lists a number of actions taken by health insurers to help Medicaid enrollees remain coverage.

The tracker also provides information on state-specific Medicaid renewal policies, eligibility policies, and system capacity measures.

Castle Analytics, a California-based manager of digital asset funds, announced the launch of a proprietary index fund that provides exposure to Bitcoin, Ethereum, and other cryptocurrencies available within an Insurance Dedicated Fund.

Covering all 1.7 million would require $10.3 billion in additional state funds, although it would be up to states to decide.

Legislation introduced this week would establish parity for 403(b) retirement plans serving teachers, hospital workers, clergy, and non-profit employees.

According to new research by Alegeus, almost half (41%) of 1,096 American adults surveyed in April 2023 are unfamiliar with The Consolidated Omnibus Budget Reconciliation Act (COBRA).

Despite making up just 8% of the nonelderly population in the United States, adults under 65 who are noncitizens will comprise nearly one-third of the nation’s 27 million uninsured population in 2024, according to a new analysis from the Urban Institute with funding from the Robert Wood Johnson Foundation.

While some measures will continue or be phased out over the next few years, consumers will begin seeing changes to their coverage – and their share of costs – as early as May 12.

Allianz Life introduced significant enhancements to its Allianz Index Advantage suite of Registered Index Linked Annuities.

The legislation passed addresses problems caused by some glass vendors and attorneys who have in recent years churned out unnecessary litigation, teaming up to exploit Florida law and hurt insurance consumers. 

In the fourth quarter, U.S. workplace supplemental health product sales ― accident, critical illness, cancer, hospital indemnity, and other supplemental health insurance products* ― totaled $708 million in new premium, an 8% increase year-over-year.

eHealth’s original research sheds light on average premium and plan selection trends among Medicare beneficiaries at a time when Medicare Advantage is being scrutinized by both policymakers and media.

If adopted as proposed, the rules would establish national standards for access to care regardless of whether that care is provided through managed care plans or directly by states through fee-for-service.

This month, the State of Florida issued an order placing a new fee attached to residents’ home insurance policies. What is being called an “emergency assessment,” will help the state pay off claims of insolvent companies.

The unwinding of the Medicaid continuous enrollment provision will play out differently across the states based on policy choices states have made and variation in their administrative infrastructures. Meanwhile, some health insurers are taking steps to help people remain in coverage.

The House Public & Behavioral Health & Human Resources Committee today passed a bipartisan bill sponsored by Representative Lindsey Daugherty to increase price transparency for health care services to save Colorado patients money.