From the monthly archives: October 2012
Hurricane Sandy didn’t serve up hurricane-force winds in Connecticut, despite the storm’s name, and that means that homeowners filing insurance claims won’t have to face much more expensive deductibles.
This is a helpful guide I took from FloodSmart.gov, the website for FEMA’s National Flood Insurance Program:
Having an emergency kit ready, and making sure the family has a communication plan are two important preparations that people can do now before Hurricane Sandy hits, said an insurance risk professional with The Travelers Cos.
The federal government site Ready.gov has tips for creating an emergency kit, said Ken Katz, property risk control [...]
Hartford Hospital is “hopeful” in its negotiations Friday with UnitedHealth Group. Thousands of patients face higher, out-of-network rates if the two parties don’t have a new contract by the time the current agreement expires at midnight Sunday.
The nation’s largest health insurer and the hospital have been in a bitter dispute over reimbursement rates the [...]
Magellan Health Services Inc. saw its stock leap early Friday as third-quarter earnings beat analysts’ expectations.
Net income for the three-month period ending Sept. 30 was $66.3 million, or $2.36 per diluted share, compared with $31.4 million, or $1.03 per diluted share, during the same period in 2011.
Analysts polled by Thomson Reuters were expecting, [...]
Medicaid enrollment has soared in Connecticut, and the state is spending more to pay for the taxpayer-funded healthcare program while it has spent less for other human services, according to a new report by the Fiscal Policy Center at Connecticut Voices for Children.
Medicaid enrollment in Connecticut increased 80 percent from about 307,000 to 551,000 between 1997 [...]
Aetna beat analysts’ expectations with third-quarter earnings that benefited from higher premiums and lower medical costs.
“Our emerging businesses strategy continues to see positive results from collaboration with providers, including lower costs, higher care quality and added membership for our core businesses,” said Aetna CEO Mark T. Bertolini.
Net income was $499.2 million for the [...]
The number of people in Connecticut who had health insurance through a private insurer, such as employer-based coverage, shrank, while those in public health plans, such as Medicaid, rose, according to the latest U.S. Census Bureau data.
The data, released Thursday, show that in the most recent survey a large percentage of the state’s population [...]
A Stamford title-insurance company received a $19 million investment from a major reinsurer to increase the company’s surplus as it grows its direct-to-customer business.
Entitle Direct Group Inc., parent of EnTitle Insurance Co., received the investment from Bermuda-based Partner Reinsurance Co., or PartnerRe. Separately, EnTitle’s shareholders invested an additional $2 million in the company.
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