As carriers ramp up to gain market share ahead of PPACA, Aetna acquires Coventary increasing its overall share of government health plans to more than 30%, and nearly 42 million members nationwide.
Of the 14 life insurance firms monitored by Corporate Insight, Liberty Mutual and USAA were cited as having the strongest social media performances and were awarded top grades.
Citing family obligations and the desire to revise a textbook, Therese (Terri) Vaughan will step down as CEO of the National Association of Insurance Commissioners. Her effective resignation date in the first quarter of 2013 has not yet been determined.
Small and mid-sized companies are beginning to catch onto the onsite clinic trend. Listen as Joe Ellis, senior vice president at CBIZ, Inc., shares how he works with employers to design and install onsite clinics and explains their cost-cutting strategy.
For all employers' focus on curbing obesity statistics through healthy eating and exercise programs, it can be easy to forget that smoking remains the leading cause of preventable death in the United States. One employer, Nelnet, is remaining vigilant about stamping out smoking among its employee population.
Behavior change may very well be one of the keys to true health care reform. Given the proper market environment, American consumers will respond accordingly and adapt.
For decades, health care consumers have been told once you have a problem, then you should go to the doctor. But now, as high-deductible health plans become ever more prevalent, employers are encouraging employees to go to the doctor first - before they get sick - and in turn the employer will often cover the visit at 100%.
The 1988 Paralympic Games in South Korea changed my outlook on disability - and ultimately helped shift the focus of my group benefits career to disability income insurance and instilled a strong belief in an advocacy-based approach.
Health Savings Accounts are estimated to have grown to more than $14.1 billion in assets through June 30, representing 7.1 million accounts, according to a survey and research report by Devenir, a broker-dealer and registered investment adviser based in Minneapolis.
Every salesperson knows the job is tougher than ever, especially those in the insurance field. John Graham, a marketing and sales consultant and business writer, shares 10 ideas that can help a broker stand out in the crowd. [Images: Thinkstock]
Active management of crediting rates on spread-based business, improved fee income driven by growth in assets, ongoing expense management, favorable investment results and selected acquisitions are all driving modest earnings improvement in 2012 for U.S. life insurers, according to Fitch Ratings.
Voluntary accidental death and dismemberment coverage received the highest rating (43%) from leading carriers selecting it as a very profitable product line, according to The Frontline Report, Worksite/Voluntary Product Trends 2012.
Long-term care liability loss rates and claim severity are now at an eight-year high and could grow steadily into next year, according to Aon Global Risk Consultings 2012 Long-term care General Liability and Professional Liability Actuarial Analysis, which was created in partnership with the American Health Care Association.
Insurance is labeled an early adopter of social media in a new report from the International Data Corporation (IDC), titled 2012 U.S. Social Media Trends by Vertical. The banking industry was cited as being a late adopter.
There is a nice value equation for employers to offer voluntary benefits, says David Leopold, SVP and chief marketing officer at Unum. Watch as he shares a few key data points and which type of employee is actually buying voluntary products.