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Stories tagged: insurance

He was flown to the hospital, then got the bill: $56,800 that insurance won’t cover

Vinci works in health care. He understands the system. He could walk blindfolded through the labyrinth of insurance. But he still was baffled by what happened after Life Flight filed …

UPDATED: Thu., Aug. 30, 2018, 10:02 p.m.

Downhill trend: Spokane plunges in AllState driver rankings

As Americans prepare for what may be the last great road trip of the 2018 summer this Labor Day weekend, Allstate released its annual “America’s Best Drivers Report,” which details …

UPDATED: Thu., June 14, 2018, 3:54 p.m.

Startup launches insurance for Uber, Lyft passengers

Worried about an accident when you ride with Uber or Lyft? Now you can get an insurance policy from your phone for the ride too.

UPDATED: Thu., June 7, 2018, 8:28 a.m.

Some state health insurers ask for substantial individual market rate increases next year

Washington health insurers have filed requests to raise individual market premiums an average of 19 percent for 2019, with substantial variation among insurers.

Shawn Vestal: ACA “navigator” took personal data to Spokane insurance company to target sales pitches

They signed up for health insurance on the state exchange. But about 3,200 Washingtonians, all of whom were nearing age 65, also got something they didn’t ask for. Their contact …

UPDATED: Sun., May 6, 2018, 7:36 p.m.

Idaho officials negotiating on ‘state-based’ insurance plan

Idaho officials say they may add more requirements from former President Barack Obama’s health care law to their proposal to let health insurance companies sell so-called state-based policies that skirt …

UPDATED: Fri., March 30, 2018, 7:44 p.m.

Walmart reportedly eyes deal with insurer Humana

Walmart may be looking to dive deeper into the rapidly evolving health care market by acquiring the insurer Humana, according to the Wall Street Journal.

UPDATED: Thu., Feb. 8, 2018, 10:44 p.m.

Trump proposes reduction of drug costs under Medicare

President Donald Trump will propose lowering prescription drug costs for Medicare beneficiaries by allowing them to share in rebates that drug companies pay to insurers and middlemen, an administration official …

UPDATED: Wed., Jan. 31, 2018, 8:21 p.m.

Insurance claims from California wildfires near $12 billion

Insurance claims from last fall’s deadly California wildfires have reached $11.8 billion, making it the most expensive series of wildfires in state history, an official said Wednesday.

UPDATED: Wed., Jan. 24, 2018, 12:39 p.m.

Idaho to insurers: Give us plans that don’t follow Obamacare

Concerned about soaring health care costs, Idaho on Wednesday revealed a plan that will allow insurance companies to sell cheap policies that ditch key provisions of the Affordable Care Act.

UPDATED: Sun., Dec. 3, 2017, 4:25 p.m.

CVS pushes into insurance with $69 billion Aetna bid

CVS will buy insurance giant Aetna in a roughly $69 billion deal that will help the drugstore chain reach deeper into customer health care and protect a key client, a …

Former Idaho insurance agent sentenced for fraud

A former south-central Idaho insurance agent who used customers’ insurance premiums for personal purchases has been sentenced to 30 days in jail and five years of probation.

More companies are buying insurance to cover executives who sexually harass employees

Companies have dramatically increased their insurance coverage against sexual harassment complaints in recent years following high-profile scandals, as corporate America reckons with the growing risks of workplace misconduct.

California wildfire insurance claims top $3.3 billion

Property damage claims from a series of deadly October wildfires now exceed $3.3 billion, California Insurance Commissioner Dave Jones said Tuesday.

UPDATED: Fri., Oct. 20, 2017, 6:29 p.m.

Hurricanes, earthquakes estimated to cost insurers $95B

Hurricanes Harvey, Irma and Maria, as well as two recent earthquakes in Mexico likely cost the insurance industry about $95 billion, said Swiss Re, one of the world’s biggest reinsurers.

UPDATED: Sat., Oct. 21, 2017, 10:35 p.m.

Health care markets to open amid federal uncertainty

Despite months of turmoil over the nation’s health care policy, you’ll still be able to buy an insurance plan starting Nov. 1.

Q&A: New health bill offers stability, respite on premiums

The bipartisan health care bill formally proposed Thursday in Congress would help stabilize insurance markets up-ended by the fierce partisan battle over “Obamacare.” For consumers, it offers a potential respite …

UPDATED: Thu., Oct. 19, 2017, 1:43 p.m.

‘Murder insurance’ or protection in self-defense cases?

The National Rifle Association is offering insurance for people who shoot someone, stirring criticism from gun-control advocates who say it could foster more violence and give gun owners a false …

Tom Kelly: Honesty and other drawbacks of a home-based business

For Bill King, 56, a genuine response to an insurance-related question sparked a chain of events that cost money and anxiety and brewed frustration and mistrust for the industry.

Obamacare rates set to rise as Trump’s opposition fuels turmoil

A day after Republicans failed yet again to repeal Obamacare, confusion sowed by President Donald Trump’s opposition to the law is roiling the health-insurance market.

UPDATED: Tue., Sept. 19, 2017, 7:13 p.m.

Health benefit offers from small businesses keep vanishing

The Kaiser Family Foundation said Tuesday that 50 percent of companies with three to 49 employees offered coverage this year. That’s down from 59 percent in 2012 and 66 percent …

UPDATED: Wed., Sept. 13, 2017, 5:34 p.m.

Bipartisan effort to stabilize health insurance markets is coming down to the wire

Despite broad support from consumer advocates, state officials and health care leaders across the country, a bipartisan effort in Congress to stabilize health insurance markets and control rising premiums is …

UPDATED: Fri., Sept. 8, 2017, 9:28 a.m.

Five governors urge Congress to bolster Obamacare markets for 2018

Five governors – critics and backers of the Affordable Care Act – called on Congress Thursday to bolster the insurance exchanges created under the law, challenging President Donald Trump’s argument …

Most Florida flood zone property not insured

As Hurricane Irma bears down on Florida, an Associated Press analysis shows a steep drop in flood insurance across the state, including the areas most endangered by what could be …

Fewer Americans buy insurance in coastal areas

Amanda Spartz nearly did not renew her home’s flood insurance policy after her first year in Florida. Two hurricanes came close to the Fort Lauderdale suburbs last year, but they …

UnitedHealth CEO to step down after run of more than decade

UnitedHealth Group has picked company President David Wichmann to replace CEO Stephen Hemsley in a long-planned transition that Wall Street greeted with polite applause.

UPDATED: Sun., Aug. 6, 2017, 7:53 a.m.

Matt O’Brien: No upside to ACA sabotage

If Trump can’t get rid of all of Obamacare, it seems like he’ll settle for getting rid of the parts of it that make it work.

UPDATED: Wed., Aug. 2, 2017, 10:34 p.m.

Court complicates Trump’s threat to cut ‘Obamacare’ funds

President Donald Trump’s bold threat to push “Obamacare” into collapse may get harder to carry out after a new court ruling.

UPDATED: Mon., July 31, 2017, 10:29 p.m.

Idaho health insurers plan big rate hikes after Trump threatens to halt payments

Uncertainty from the federal government has caused health insurers to propose steep rate hikes for Idahoans who buy plans on the state-based exchange for coverage in 2018, state officials said …

UPDATED: Fri., July 28, 2017, 5:20 p.m.

Wells Fargo says it charged up to 570,000 customers for insurance they didn’t request or need

After reviewing records from 2012 through 2017, Wells Fargo identified about 570,000 customers who may have been wrongly pushed into these insurance policies and will give them “refunds and other …