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Does Medicare cover long-term care expenses? The answer may surprise you! There was a neat article this week in the LA Times about Long-Term Care Insurance which spelled it out very nicely. If you haven’t given much thought to how you’d pay for long term care expenses, you’re not alone. Most of us haven’t.… Continue reading Long-Term Care Clarity!
As I told you at the beginning of this actuarial dance, the State’s findings will be different from those of Anthem BC’s. Et voila! As a result of the State’s actuarial analysis, the following is hot off the presses: Commissioner Poizner released the following statement today regarding Anthem’s decision to withdraw its rate filing: “This… Continue reading For Your Immediate Reading – Anthem Blue Cross will not be raising rates
For subscribers in California, Anthem Blue Cross has announced that it will NOT be increasing individual premiums on 5/1/10 and for the foreseeable future, or at least until the State’s actuaries have completed their analysis of the proposed increase that had been scheduled for 3/1/10. The company must give subscribers a 30-day written notice… Continue reading Anthem Blue Cross alert
This past weekend Anthem BC announced that, due to public and political reactions, the anticipated 3/1/10 rate changes have been postponed for a couple of months, to 5/1/10. Prior to an insurance carrier raising rates, CA State law says an insurer must prove that at least 70% of its income (your insurance premiums) is legitimately… Continue reading More news for Anthem Blue Cross members