What Boeing is doing represents a seismic shift in health care financing and delivery that potentially will have more far-reaching effects than Obamacare, primarily because it is coming from the private sector, not the government.
Almost all of the publicly traded health insurers reported big increases in revenue and profits last year. The big winners have been the top executives of those companies, led by Mark Bertolini, CEO of Aetna, the nation's third largest health insurer.
About 35 states have given their insurance departments the legal power of prior approval of proposed health insurance rate changes. California is not among them, and advocates believe the state's residents are paying more for their health insurance coverage than necessary.
Executives at health insurance giant WellPoint are predicting they will have to implement "double-digit plus" rate increases next year, demonstrating once again just how politically tone deaf and profit-obsessed they apparently are.
Brand loyalty is a commodity; making customers feel valued is an integral part of doing business in the new economy (in most economies, really) -- particularly when it is always possible to find competitive prices on the Internet.
T.S. Eliot in "The Hollow Men" thought that the institutions of our society would transition "not with a bang but a whimper." I appreciate President Obama's intentions regarding health care but I fear that the Affordable Care Act might be that whimper.
Some critics of the reform law are suggesting that if the big companies aren't willing to sell policies on all the exchanges, Obamacare is somehow fatally flawed. But I think we'll all be just as well off if the big companies stay out of the individual and small group market.
CO-OPs could be one of the sleepers in the health care reform law that truly transforms how care is financed and delivered in this country. And they could even hasten the day when the big investor-owned corporations cede the marketplace to nonprofits and move on to other ways of earning a profit.
Health insurance rates are like a runaway train and there's no police force or firefighting squad with the power to stop them. Thirty-five states require health insurance companies to get permission before raising rates, but not California.
If the White House caves in to insurance industry demands, millions of low-wage earners will be forced to buy junk coverage on January 1, 2014. If you don't want to be forced to buy junk, send the White House a message. Now.
The insurance industry made it abundantly clear this week that it is in the driver's seat--in both Washington and state capitals -- of one of the most important vehicles created by Congress to reform the U.S. health care system.
The health insurance industry's long-term strategy is to move all Americans into high-deductible plans, and they're well on their way to achieving that goal. Once there, you can bet the rates will be hiked up.
If you thought that insurers just threw a dart at a board to deny a claim, you would be wrong. According to a recent report, fighting back when you have a health insurance claim denied is well worth your time.
As the head of communications for two of the country's largest health insurers for almost 20 years, I recognize an orchestrated spin campaign when I see one. And boy oh boy did I see an award-winning one this week in San Francisco.
The next time you hear a politician say that reducing regulations and allowing the sale of health insurance across state lines would go a long way toward controlling health care costs, think of the real, much higher cost of such a solution.
Progressives cannot afford to walk away from the suffering of the middle class to prove a point or make a case. Yet that's the type of talk I am hearing more and more from progressives as the midterm approaches.