MO health insurers to pay rebates
Some of Missouri's largest insurance companies are expected to refund nearly $65 million to consumers this year because they failed to meet efficiency standards under the new health reform law, consumer and health advocates say. According to a report by Consumers Union, the insurers that will pay the largest rebates in Missouri's individual and small business markets include Anthem Blue Cross & Blue Shield; Blue Cross Blue Shield of Kansas City; and United Healthcare. Insurers slated to pay smaller rebates in these markets include Coventry, Humana, and others. Under the new law, health insurers who write policies for small businesses and individuals are penalized for failing to meet a new requirement that at least 80 percent of premiums must be spent on actual medical care and activities that improve the quality of care.
- 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
- MA an Insurance Proving Ground for Providers
- NFP Hospitals' Revenue Growth at 'All-Time Low'
- Half of All Primary Care, Internal Medicine Jobs Unfilled in 2013
- Targeting Self-Insured Populations
- mHealth Tackles Readmissions
- States Without Medicaid Expansion Search for Alternatives