LA insurer to levy 12 percent rate increase
The federal government has labeled a health insurer's proposed 12 percent rate increase "unreasonable," but Louisiana customers will still end up paying the higher rates. That's because Louisiana law does not give the state Department of Insurance the authority to regulate health insurance companies' rates. The proposed rate increase for John Alden Life Insurance Co., which has 221 Louisiana policyholders, is an average of 12 percent statewide, according to the U.S. Department of Health and Human Services. However, depending on the policy, the increase will range from 8 percent to 39 percent.
- Sharp HealthCare Leaves Pioneer ACO Program
- Acute Kidney Injury Gets New Focus
- CNO Leads $1M Charge for New Scrubs, Uniforms
- Interventional Radiology No Longer a Sub-Specialty
- NFP Hospitals' Revenue Growth at 'All-Time Low'
- Half of All Primary Care, Internal Medicine Jobs Unfilled in 2013
- PCI: Concerns Mount About Appropriateness
- Transforming Cancer Care
- MA an Insurance Proving Ground for Providers
- Targeting Self-Insured Populations