Posts Tagged - ‘pennsylvania health insurance’

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Pennsylvania Insurer Wants Health Insurance Plan Rate Hikes

Wednesday, September 1st, 2010
health insurance plan

As of January 1st, your health insurance plan could become more expensive if you live in certain regions of Pennsylvania.

Blue Cross of Northeast Pennsylvania wants up to $10 million worth of premium hikes. For now, eight plans would be affected, including those targeted towards lower-income individuals–including a guaranteed issue policy for the recently unemployed. Some of the plans are subsidized.

Pennsylvania health insurance customers have one month to comment on the proposal before the state’s insurance department makes a decision on BCNEPA’s request..

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Pennsylvania Health Insurance Companies Under More Scrutiny

Thursday, June 10th, 2010

With rising health insurance rates and a high unemployment rate that makes it harder for people to afford them, several states have used their regulatory power to take matters into their own hands. The Obama administration is giving grants to states who plan to step up enforcement.

Pennsylvania is the latest to attempt capping rate increases. Democratic Governor Ed Rendell criticized the state’s major health insurers–Independence Blue Cross and Highmark among them–for allegedly gouging consumers by increasing premiums by over half! That is in contrast to the 5% to 10% annual increase in actual medical spending.

Rendell and others accuse Pennsylvania health insurance companies of extracting as much money as possible prior to to the most stringent healthcare reforms taking effect.

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