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WN.com 02/20/2019 13:58
This story was co-published with NPR’s Shots blog. The pitches to the health insurance brokers are tantalizing. “Set sail for Bermuda,” says insurance giant Cigna, offering top-selling brokers five days at one of the island’s luxury resorts. Health Net of California’s pitch is not subtle: A smiling woman in a business suit rides a giant $100 bill like it’s a surfboard. “Sell more, enroll more, get paid more!” In some cases, its ad says, a broker can “power up” the bonus to $150,000 per employer group. Not to be outdone, New York’s EmblemHealth promises top-selling brokers “the chance of a lifetime”: going to bat against the retired legendary New York Yankees pitcher Mariano Rivera. In...
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Risk Managers Blog 02/20/2019 11:35
Industry wide, transparency is not the standard. ProPublica sent a list of questions to 10 of the largest broker agencies, some worth $1 billion or more, including Marsh & McLennan, Aon and Willis Towers Watson, asking if they took bonuses and commissions from insurance companies, and whether they disclosed them to their clients. Four firms declined to […]
Human resource directors often rely on independent health insurance brokers to guide them through confusing benefit options offered by insurance companies. But what many don’t fully realize is how the health insurance industry steers the process through lucrative financial incentives and commissions, the cost of which are built into premiums. In other health industry and cost news: affordability, the business of specialty surgeries, health record costs, and more.
Zacks.com 02/19/2019 09:40
Riding high on solid fourth-quarter results, a robust bottom line and strategic plans, Centene (CNC) has immense potential to reap benefits for yield-seeking investors.
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Business Wire 02/15/2019 14:30
For nearly four decades, Health Net has been dedicated across California, in transforming the health of our communities, one person at a time,” said Carol Kim, vice president of community investments and government and public affairs for Health Net.
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PR Newswire 02/08/2019 09:15
GRAND RAPIDS, Mich., Feb. 8, 2019 /PRNewswire/ -- After nearly two decades in road racing, Bissell ABG Giant announced a new sponsorship strategy that will see its men's amateur team expand into gravel and mountain bike races. Long-term cycling investors Mark Bissell and Bob Hughes...
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InsuranceNewsNet 02/01/2019 07:00
The factors described in the context of such forward-looking statements in this press release could cause Centene's plans with respect to the Health Net Acquisition, the Fidelis Care Acquisition, actual results, performance or achievements, industry results and developments to differ materially from those expressed in or implied by such forward-looking statements.
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