Insurers raise rates or refuse to cover nursing homes

Article Abstract:

Getting a liability insurance coverage policy for nursing homes has become a tough job for operators of such facilities because of the outright refusal of insurance firms to cover them. This has been compounded by the fact that some insurance firms that do cover nursing homes do so by raising rates, a thing many nursing homes cannot afford. The refusal of many insurers to include nursing homes in their coverage policies is due to losses stemming from lawsuits.

Commodity & service prices, Property & Liability Insurance, Direct Property and Casualty Insurance Carriers, Property and casualty insurance

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Insurers drop Medicare HMOs serving 711,000 patients

Article Abstract:

Several health insurance companies will drop their Medicare health maintenance organization (HMO) business by 2001 due to their discontentment with government payments. These health insurers claim that monthly per-patient rates are no longer enough to cover for rising medical costs. Those insurers that will continue to offer a Medicare HMO plan are likely to raise premiums and reduce some of its benefits.

Services discontinued

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Insurers: plan would ease health services

Article Abstract:

The Coalition for Quality Affordable Healthcare, composed of top executives from a number of US health insurance firms, has outlined a strategy that claims to be capable of improving the health insurance process for both doctors and patients. The plan, which could take one year to implement, comes as the US Congress continues to debate the passage of a bill of rights for patients that is being opposed by the health insurance industry.

Public affairs, Health insurance

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