Deductible

Zuniga Health broadens product suite for Hispanic small group businesses

Retrieved on: 
Wednesday, December 6, 2023

Zuniga Health is the only Hispanic-owned health plan in the US to address the needs of Hispanic businesses.

Key Points: 
  • Zuniga Health is the only Hispanic-owned health plan in the US to address the needs of Hispanic businesses.
  • With its growing benefit suite, Zuniga Health deepens its mission to increase the number of Hispanic employees obtaining health benefits.
  • "Providing affordable health insurance will make every company more attractive to jobseekers and helps retain existing talent and increase employee loyalty," said Arthur Vera, Founder and CEO of Zuniga Health.
  • "For the first time workers are demanding benefits and small businesses are realizing the need to offer robust health insurance to stay competitive.

Palomar Holdings, Inc. Announces Successful Completion of June 1 Reinsurance Renewal

Retrieved on: 
Tuesday, May 30, 2023

LA JOLLA, Calif., May 30, 2023 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (“Palomar” or the “Company”) today announced the successful completion of certain reinsurance programs incepting June 1, 2023, and increased the Company’s full year 2023 adjusted net income guidance.

Key Points: 
  • LA JOLLA, Calif., May 30, 2023 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (“Palomar” or the “Company”) today announced the successful completion of certain reinsurance programs incepting June 1, 2023, and increased the Company’s full year 2023 adjusted net income guidance.
  • The reinsurance program provides ample capacity for the Company’s growth in the subject business lines as well as coverage to a level exceeding Palomar’s 1:250-year peak zone Probable Maximum Loss (“PML”).
  • Palomar has now purchased approximately $550 million of reinsurance limit to support the growth of its earthquake franchise in 2023.
  • “In what most have deemed the hardest reinsurance market in thirty years, we successfully completed our 6/1 renewal.

Chubb Announces Chris Collins as Head of Airline for Global Markets

Retrieved on: 
Thursday, January 5, 2023

LONDON, Jan. 5, 2023 /PRNewswire/ -- Chubb today announced the appointment of Chris Collins as Head of Airline for Chubb Global Markets (CGM), the company's London Market wholesale and specialty business including its Lloyd's platform.

Key Points: 
  • LONDON, Jan. 5, 2023 /PRNewswire/ -- Chubb today announced the appointment of Chris Collins as Head of Airline for Chubb Global Markets (CGM), the company's London Market wholesale and specialty business including its Lloyd's platform.
  • In this role, Collins will be responsible for leading the development and management of the CGM Airline portfolio.
  • He will be based in London and report to Simon Abbott, Product Head Aviation for CGM.
  • Collins joins Chubb from AIG where he was International Head of Airline and Deductible since March 2022.

America's Conservative Insurance Group Launched on the 4th of July 2022!

Retrieved on: 
Monday, August 1, 2022

After over a year in development, we are pleased to announce America's first conservative, nationally licensed insurance group called: America First Insurance Group ("AFIG").

Key Points: 
  • After over a year in development, we are pleased to announce America's first conservative, nationally licensed insurance group called: America First Insurance Group ("AFIG").
  • As America'sconservativeinsurance group, AFIG is committed to providing simple, high quality, and affordable insurance solutions, while fighting tirelessly for the shared values we believe in.
  • These products include Life Insurance, Auto Insurance, Homeowners Insurance, Renters Insurance, Umbrella Liability, a Faith-Based Health Sharing plan, an Rx Savings plan, Home Warranty, and Legal Insurance.
  • Tony Lani, CEO of America First Insurance Group says, "America First Insurance cares about you, our shared values, and our country.

America's Conservative Insurance Group Launched on the 4th of July 2022!

Retrieved on: 
Monday, August 1, 2022

After over a year in development, we are pleased to announce America's first conservative, nationally licensed insurance group called: America First Insurance Group ("AFIG").

Key Points: 
  • After over a year in development, we are pleased to announce America's first conservative, nationally licensed insurance group called: America First Insurance Group ("AFIG").
  • These products include Life Insurance, Auto Insurance, Homeowners Insurance, Renters Insurance, Umbrella Liability, a Faith-Based Health Sharing plan, an Rx Savings plan, Home Warranty, and Legal Insurance.
  • In the coming months, AFIG will introduce Pet Insurance, Medicare Supplement & Medicare Advantage plans, and Cancer Insurance.
  • Tony Lani, CEO of America First Insurance Group says, "America First Insurance cares about you, our shared values, and our country.

Picwell Adds Plan Comparison Feature to its Benefits Decision Support Solution

Retrieved on: 
Tuesday, July 13, 2021

"Build-a-Plan is an important addition to our benefits decision support solution," said Sam Kina, SVP of Health Economics and Data Science at Picwell.

Key Points: 
  • "Build-a-Plan is an important addition to our benefits decision support solution," said Sam Kina, SVP of Health Economics and Data Science at Picwell.
  • Employees enter the most important details of their partner or spouse's benefits plan and receive a summary that they can directly compare to their employer-sponsored plans.
  • Build-a-Plan clearly displays the premiums, estimated out-of-pocket costs, and deductibles for each plan, and it also estimates the risk protection that each plan provides.
  • "At Picwell, our number one goal has always been to make health care benefits easier to understand," said Matthew Sydney, CEO at Picwell.

TALON Aims to Go Beyond Transparency in Coverage

Retrieved on: 
Friday, July 2, 2021

"If all consumers are given is transparency into the prices of medical tests and services," Galvin said.

Key Points: 
  • "If all consumers are given is transparency into the prices of medical tests and services," Galvin said.
  • TALON also helps their clients design smarter health plans that leverage the power of higher deductibles.
  • Galvin believes the Transparency in Coverage Rule and No Surprises Act represent a potential turning point in the battle to contain skyrocketing health care costs in America.
  • TALON is the leader in software designed for the Transparency in Coverage Rule and No Surprises Act, having onboarded clients in 49 states across America.

FullscopeRMS appoints Ryan Bohrer to lead expanded Supplemental Health business

Retrieved on: 
Monday, June 28, 2021

SOUTH PORTLAND, Maine, June 28, 2021 /PRNewswire/ -- FullscopeRMS announced today that it has appointed Ryan Bohrer as head of Supplemental Health, overseeing the company's newly expanded portfolio that includes critical illness, accident, and hospital indemnity products.

Key Points: 
  • SOUTH PORTLAND, Maine, June 28, 2021 /PRNewswire/ -- FullscopeRMS announced today that it has appointed Ryan Bohrer as head of Supplemental Health, overseeing the company's newly expanded portfolio that includes critical illness, accident, and hospital indemnity products.
  • FullscopeRMS provides turnkey reinsurance products and solutions to insurance providers, offering disability, absence management, stop-loss, and supplemental health, which helps people cover health insurance deductibles and other out-of-pocket expenses.
  • "We are thrilled to welcome Ryan to the FullscopeRMS team, where his leadership and expertise will help strategically grow our supplemental health offerings," said Scott Beliveau, president, FullscopeRMS.
  • Bohrer will be responsible for driving growth, directing development of client-facing administration capabilities, and developing risk-management practices and strategies for FullscopeRMS's supplemental health offerings.

Priority Health Allowing Deductible Transfers for Individuals Switching Insurers During Special Enrollment Period

Retrieved on: 
Friday, May 7, 2021

b'In support of the Biden administration\xe2\x80\x99s efforts to provide affordable health coverage to more Americans during the special enrollment period, Priority Health is allowing individuals to carry over their current deductible amount to a new plan.

Key Points: 
  • b'In support of the Biden administration\xe2\x80\x99s efforts to provide affordable health coverage to more Americans during the special enrollment period, Priority Health is allowing individuals to carry over their current deductible amount to a new plan.
  • This applies to both new and current members who enroll in a Priority Health plan during the special enrollment period, which runs through August 15, 2021.
  • While other insurers have agreed to carry over deductible spending between plan types, Priority Health is the only health plan in Michigan allowing consumers to bring their deductible with them if they switch from another insurer.\n\xe2\x80\x9cBetween the extension of the special enrollment period and the passing of the American Rescue Plan that made Marketplace coverage significantly more affordable, there is no better time for Michiganders to get covered,\xe2\x80\x9d said Carrie Kincaid, Vice President of Individual Markets at Priority Health.
  • \xe2\x80\x9cWe don\xe2\x80\x99t want there to be any barriers during this special enrollment period, and that is why we are allowing deductible transfers.

Tom Blomberg Joins Coterie Advisors Executive Sales Team

Retrieved on: 
Monday, April 19, 2021

It complements Coterie Advisor\'s flagship product, their level-funded Limited Day Health Plan, which offers near-comprehensive coverage at 30-40% less than the cost of traditional high-deductible health plans.

Key Points: 
  • It complements Coterie Advisor\'s flagship product, their level-funded Limited Day Health Plan, which offers near-comprehensive coverage at 30-40% less than the cost of traditional high-deductible health plans.
  • With their combined product offerings, Coterie Advisors delivers an Affordability-Based Medical Plan strategy that is unique to the marketplace.\nAaron Cook, President of Coterie Advisors said, "We are excited to announce that Tom Blomberg is joining Coterie and will add a highly-talented and experienced executive to our team.
  • Cook added, "Tom brings to Coterie his experience, industry knowledge, and reputation that will drive business development for Fundamental Care and continue our success in the future.
  • Since 1990, the founding partners of Coterie Advisors have specialized in Affordability-Based Medical Plans.