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Tag: actuarial

Florida Insurance Company Enrolls People In Obama's Affordable Health Care Plan

Aetna Quits Pro-ObamaCare Insurance Lobby

On Tuesday, Aetna, the third largest health insurance company in the country, announced it was quitting America’s Health Insurance Plan,(AHIP), the powerful lobbying group for the health insurance industry. The company is the second to leave the group, after UnitedHealthCare quit the group in June.

AP Photo/Lynne Sladky

Obamacare Insurance Premiums to Jump, up to 51%

Major insurers in some states are proposing up to 51 percent premium increases for health plans sold under the Affordable Healthcare and Patient Protection Act, commonly referred to as Obamacare. Despite single digit increases for 2015, insurance companies are seeing their costs jump and are demanding to be compensated with dramatically higher rates.