In news that surprises no one, health insurers of New York are asking for rate increases in the double digits for the fifth year in a row. Insurers are citing the Trump administration's December …
Health insurance
Trend: Businesses are Buying Their Own Insurance Companies
It was big news when Warren Buffett, Jamie Dimon, and Jeff Bezos announced they would create their own insurance company to serve their companies Berkshire Hathaway, JP Morgan Chase, and Amazon. But …
New Year, New Ideas: Warren Buffett, Jeff Bezos, and Jamie Dimon Create New Health Insurance
Buffett, Bezos, and Dimon are set to create the largest "self-funded" health plan in the United States. If you don't happen to work for a large company or organization with a self-funded health plan, …
Wendell Potter: Making a Real Difference In America
I've blogged about Wendell Potter before (links below), but his dedication to improving the lives of Americans through reform to the insurance industry continues to impress me, and his activities …
How Much Money do Insurance Companies Spend so the Laws Keep Them Rich (and Make Them Richer)?
Large corporations hire full time employees to go to Washington D.C. and attend every political event/hearing/meeting they can, with the hopes to influence the politicians who are writing our laws and …
Non-Profit Insurers: A Cheaper Alternative?
When I discovered the existence of non-profit* insurance companies, I was hopeful. I thought "surely a company that isn't hell-bent on making a profit will provide more affordable policies and handle …
When Insurance Companies Merge
Depending on who you ask, insurance company mergers will either help or hurt consumers. Whether a merger in general is a good or a bad thing is debatable. The problem today is that there …
How Profitable Are Insurance Companies?
I was reading a publication of the Federal Insurance Office (a division of the U.S. Department of the Treasury), and was shocked to learn that half of all U.S. bank-held assets belong to insurance …
Is Health Insurance a Human Right?
Many of you may know that besides my law degree, I have a Specialization in International Law. I was fortunate enough to train at one of the top schools for International Law, DePaul University. While …
Obamacare Deadline: December 23
If you haven't already enrolled in Obamacare but want to be covered by January 1, you need to take a look at your state's exchange before December 23. For those of you who are still uncertain that the …