Aetna has made another stupid move that will most likely cause them to abandon the individual major medical market in the next 18 months. Always a pain in the butt to deal with and customer service that is really cuss-tomer service.Their latest move will put their very small block of individual major medical business into a death spiral.Obamacare is taking its' toll on the individual health insurance market, leading to fewer choices and higher premiums. Parent's looking for children's health insurance have almost no options...
FoIB Bob D tips us to this interesting (if disheartening) news:"(C)hildren’s hospitals are facing drug price hikes that will cost them hundreds of millions of dollars to supply needed medicine to children with rare diseases."This is a direct, if unintended, consequence of the rush to get ObamaCare© passed before anyone actually, you know, read it. Because it was rammed through so quickly, but haphazardly, crucial wording that would have allowed the discounts to continue was omitted. Already, two major drug manufacturers have...
Jason Shafrin hosts next week's Cavalcade of Risk. Submissions are due this Monday (the 13th). Please remember to include:■ Your blog's url■ Your post's url■ The post's trackback URL (if available)■ A (brief) summary of the postAnd PLEASE remember: ONLY posts that relate to risk (not personal finance tips and the like). You can submit your post via Blog Carnival or email.NB: The Cav is about risk, but not necessarily or exclusively about insurance. So feel free to think outside-the-box (e.g. driving and texting, the environment,...
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