UnitedHealthcare Launches PlanBienSM for New Mexico Businesses
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City of Industry, CA ALBUQUERQUE, N.M.--(BUSINESS WIRE)--UnitedHealthcare has started offering in New Mexico PlanBienSM, a suite of health plans featuring unique services to enhance the health and well-being of Spanish-speaking individuals.
PlanBien is being offered to the more than 1,500 member businesses of the Albuquerque Hispano Chamber of Commerce, one of the nationâ€(TM)s largest Hispanic chambers, and is available to any New Mexico company with two to 99 employees.
In addition to traditional health benefits, PlanBien provides culturally relevant health information and customer service programs in both Spanish and English at no extra charge, ensuring that the coverage is tailored to meet Hispanicsâ€(TM) unique health care needs. These resources include printed and online materials on various health topics, such as diabetes management, heart health and workplace safety. [Read the full article]
Health insurance companies are beginning to account for exactly how recently passed healthcare reforms will affect their business. Surely, one of the most profit-impacting mandates of the new legislation is a new mandate related to HMO’s medical spending as a percentage of premiums. In the industry, so called medical loss ratios or MLRs will be required to stay above 85% for large group coverage and above 80 cents on the dollar of premium paid for small group and individual coverage. This will increase pressure on insurers to cut unnecessary costs on administrative and all other non-medical expenses. Thursday, a Senate Committee released findings of a report on health insurers and medical spending as an industry. The report finds at least one of the largest HMO’s in the country has already begun to “reclassify” some of its expenses to help them meet the new requirements. [Read the full article]
MINNETONKA, Minn. & SAN FRANCISCO--(BUSINESS WIRE)--A new survey released today by UnitedHealthcare, a UnitedHealth Group (NYSE:UNH - News) business, and VolunteerMatch, a national nonprofit dedicated to strengthening communities by helping great people and great causes connect, found that 68 percent of those who volunteered in the past year report that volunteering has made them feel physically healthier.
Issued in advance of National Volunteer Week (April 18-24, 2010), the UnitedHealthcare/VolunteerMatch Do Good. Live Well. Survey of more than 4,500 Americans over the age of 18 identified some of the key health benefits of volunteering.
According to the survey, 41 percent of Americans volunteered in the past year, while seven in 10 Americans report they donated money to an organization, despite the current economic hardships. [Read the full article]
PHILADELPHIA & LOUISVILLE, Ky.--(BUSINESS WIRE)--CIGNA Corporation (NYSE:CI - News) and Humana Inc. (NYSE:HUM - News) have formed an alliance to better serve employers who provide health care benefits for their employees and retirees.
The new alliance will blend CIGNA's consultative approach and single point of contact for clients with Humanaâ€(TM)s industry-leading group Medicare Advantage products and services and strong name recognition. Clients will benefit from a simplified management structure, additional geographic offerings, and a cost-effective solution that addresses the full range of benefit needs for their employees and retirees. Employees will benefit from CIGNA's health and wellness programs and award-winning quality and service, and retirees will benefit from the scale and breadth of Humanaâ€(TM)s Medicare offerings. [Read the full article]Contact Information:
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