INSURASALES

Massachusetts Health Insurers to Refund $75.6 Million for Falling Short of Medical Loss Ratio Standards

Massachusetts insurance regulators require five health insurers to refund $75.6 million to consumers for not meeting medical loss ratio standards, reinforcing regulatory oversight and consumer protections.

Florida Blue and Memorial Healthcare Contract Dispute Affects 31,000 Members

Florida Blue and Memorial Healthcare's contract dispute renders 31,000 members out of network in Broward County, impacting access across commercial, ACA, and Medicare Advantage plans amid reimbursement rate disagreements.

Verisk Reports $152B Global Annual Catastrophe Loss, Frequency Perils Intensify

Verisk's 2025 report shows global modeled insured catastrophe losses have increased to $152B annually, driven by frequency perils like thunderstorms and wildfires. Insurance professionals must adapt risk strategies to these evolving challenges.

Tom Brown Leads Marsh McLennan Agency Mid-Atlantic with Strong Heritage and Growth

Tom Brown, chairman of Marsh McLennan Agency Mid-Atlantic, leads a growing regional insurance operation with deep family roots and diversified business interests in Virginia.

Policy Focus on Medicaid Reform, Rural Healthcare and Economic Growth in Southeast Iowa

Rep. Mariannette Miller-Meeks outlines Medicaid reforms, rural healthcare funding, and economic growth initiatives for Southeast Iowa, emphasizing sustainability and community engagement requirements.

Virginia Smokers See Reduced Obamacare Premiums Amid FDA Tobacco Approval Delays

Virginia smokers with Obamacare coverage benefit from reduced health insurance premiums as FDA delays in tobacco product approvals persist. Key insights into regulatory impact on insurance costs.

ACA Premiums to Spike 18% in 2026 Amid Policy Shifts and Rising Costs

ACA insurance premiums are set to increase by a median 18% in 2026 due to rising healthcare costs and legislative changes, with potential coverage losses and affordability challenges ahead.

2026 Social Security COLA Rise Eroded by Medicare Premium Increases

Social Security benefits in 2026 will increase by 2.7%, but rising Medicare Part B and D premiums will significantly reduce the net gain for retirees, highlighting challenges in healthcare cost inflation and COLA calculations.

AdvaMed Urges CMS to Reconsider Medicare Competitive Bidding for Medical Equipment

AdvaMed raises patient safety and legal concerns over CMS's proposed Medicare competitive bidding programme restart for durable medical equipment and devices.

Verisk Reports $152B Global Annual Property Loss from Natural Catastrophes in 2025

Verisk's 2025 report reveals global insured property losses from natural catastrophes have risen to $152B annually, driven by frequent severe events. Insurers must adjust risk models and strategies to manage growing catastrophe exposures effectively.