#insurance

https://realeconomy.rsmus.com/healthcare-industry-trend-watch-week-of-july-20-2026/

I have been looking at the lantern surgery/cancer care card and it requires bariatric surgery just to be able to get that healthcare covered.

What a joke

What kind of cr-ppy insurance is that!!!

I was ‘laid off’ (UK) and had purchased travel insurance as a benefit. Is anyone able to provide details of the provider/group group policy number as having trouble locating.
Many Thanks.

Have anyone heard anything about life? Service to be exact? We have been told an AI system is being pushed to agents offices. Unsure if anyone has heard what’s going on over there.

What happens to health coverage after you get laid off? I'm really stressed about losing mine and can't afford to be without it.

All of these large for-profit health insurance corporations such as Humana, Cigna, Centene, Elevance, etc. really need to go under or have the government completely remove their contracts for administering Medicare & Medicaid and those contracts need to be granted to non-profit and not-for-profit companies.

Shareholders and large banking firms never should have gotten their greedy fingers into heath insurance, which is intended to be a lifesaving and quality of life industry for our elderly seniors (and also the poor and disabled), which are human-beings, our brothers and sisters, that deserve our love and respect.

If we get caught denying 49% of home insurance claims, why are we continuing to lay people off when we obviously put resources into 51% of the claims we accept??? Are there people out there just do nothing????

Farmers Insurance confirmed job reductions last month. At least 350 positions were cut. These layoffs impacted personal and commercial auto, claims, and distribution. Smaller reductions also happened in 2025. These included auto repair, training staff, and commercial lines.

https://www.repairerdrivennews.com/2026/07/07/pc-specialist-reports-claims-department-layoffs-at-farmers-insurance/

Long Term Boca Retiree here. The Florida Office of Insurance Regulation released it market conduct investigations report in April 26. Truspire is going out with a literal bang !

Florida cited and fined both Mutual of America & Truspire over a collective $60,000 in fines for violating Florida law & insurance statues. These were over some BS LTC filing. But, MoA & Truspire received more fines (5) then any other insurance company. Not sure who in the legal area w/the states dropped the ball but this is very embarrasing. For more details go to:

FLOIR.gov

and read for yourselves.

Someone was asleep at the switch. time to dock his pay or ship his role to India.

I didn't realize you could convert the group life &/or AD&D insurance after severance into a Whole Life policy or port to term life / AD&D policy via MetLife. I always thought those coverages were just benefits available while you're employed and once you're gone you're done and gone.

For the life in particular, what made you choose Whole or Term? Did you compare rates with other carriers? For me personally, I don't think I'll qualify for anything else with anybody else because of medical condtions, so the whole conversion is making some sense, even if I can't compare rates.

I guess I could call Big Lou.

Will the Cobra coverage only apply for medical? Will vision and dental be covered?

Can someone tell me if they received insurance during the displacement was it Cobra? how long did you have it? and did Wells pay their part of the insurance?

I didn't receive the offer, but I'm still curious, what kind of medical coverage comes with it? Do you get a full year, 60 days, or something else? Considering current costs of health insurance, that's be the one thing that'd make me decide for or against taking the offer.

USAA just return 1 billion to its policyholders in Florida. Does State Farm have the ba--s to do the same in more states?

A couple denied coverage by UntedHealthcare their twins needing care in the NICU:
youtube.com/shorts/4VVE-GO4cbg?si=I0OWMbq7qc5jzxea

Not layoff related, but here is another example of why UHG is so hated. Couple denied coverage by UHC for preemie twins in NICU.

Help this go viral:
youtube.com/shorts/4VVE-GO4cbg?si=I0OWMbq7qc5jzxea

Just remember UHC can always keep lowering the bar on healthcare:

youtube.com/shorts/4VVE-GO4cbg?si=I0OWMbq7qc5jzxea

Pinnacol Assurance laid off 43 employees earlier this month. This reduction represents about 7.5% of its total workforce. The company stated these cuts are a proactive measure to refine operations. A proposed ballot measure to privatize Pinnacol Assurance was withdrawn. Supporters will now pursue reforms through the state legislature.

Colorado

https://www.denverpost.com/2026/05/29/pinnacol-layoffs-state-workers-ballot/

PacificSource Health Plans announced it will lay off 97 Oregon employees by July 31 as the nonprofit insurer scales back operations following its decision to exit Affordable Care Act marketplace plans in Oregon, Idaho, and Montana after 2026. Company officials said the cuts are necessary to align staffing with a smaller business footprint amid mounting financial and industry pressures. The changes will affect roughly 60,000 members who will need new coverage next year and come as Oregon's health insurance market undergoes significant consolidation and enrollment declines.

A new Insuranceopedia analysis details the rising financial impact of tech layoffs. In 2026, losing a tech job costs workers an estimated $14,400 per month. This figure includes approximately $13,750 in salary and $625 for private health insurance. The monthly financial blow is 36% higher than in 2021 and 56% higher than a decade ago. Tech companies have already cut nearly 115,000 jobs this year, accelerating the industry's layoff crisis.

https://americanbazaaronline.com/2026/05/28/losing-a-tech-job-in-2026-now-costs-workers-nearly-14400-month-481700/

How long does your insurance last if you get laid off or quit? Until the end of the month or end of the current pay cycle.

PacificSource Health Plans will exit the Affordable Care Act marketplaces. The company will not participate in the health insurance exchanges next year. It is also withdrawing from Montana operations. PacificSource is a nonprofit health insurer. Approximately 30,000 members are currently on its exchange plans.

Montana

http://www.modernhealthcare.com/insurance/mh-pacificsource-aca-exchanges-montana/

For those that have left and received their termination packages, how long is the company offering health, dental, and life insurance benefits?

Just trying to get ducks in a row. If anyone knows what the monthly premiums are, it would be appreciated.

That just got notified they were laid off would be

On here. Sorry it’s a bunch of lying trolls in the real world they’d be figuring out insurance and severance and contacting family.

State farm been getting over on everyone lately when hear it is we pay our bill faithfully every month but can't help customers that pay that bill every month my house was had water damage that mess up my daughter and son room they try to offer me 500 dollars what is that going to do get some materials ok they told me it was my roof I got it fix out of pocket and they didn't want to help me fix my children ceiling I wish I never ever dealt with them

The head of wealth insurance distribution, Steve Sugumele, got let go. Anyone know if the insurance business is on the chopping block?

What is this huge push all about? Why are they closing claims they know will reopen?

President Donald Trump commended insurance companies for their response to the January 2025 Los Angeles wildfires, while criticizing banks, particularly Wells Fargo & Co. Trump took to Truth Social on Thursday to praise insurance companies for “stepping up to the plate” and making “big progress” in treating homeowners affected by the disaster. However, he criticized banks for their inadequate response. He pledged to investigate their actions and urged them to treat the victims fairly. “Wells Fargo, in particular, has been very difficult to deal with,” wrote Trump.

Resigned
And still qualified for unemployment insurance payments.
That says a lot.
How terrible the company is.

LONG TERM INSURER FINANCIAL STRENGTH
DATE : 14-Apr-2026
Fitch Ratings: BBB (negative outlook)

Fitch has issued a No Action for Mutual of America as of 4/14. Still BBB w/negative outlook. just above junk bond status.

negative outflows, management turnover, shifting priorities, slow sales, digital transformation failures are being scrutinized by the credit bureaus.

My last severance paycheck will be May 8. Anyone know if insurance stops the day after or does it stop May 31? I have heard if you work at least one day in a month then leave, your insurance is covered until end of month. Wondering if same applies for severance ending.

Does anybody know when insurance for laid off employees ends?

Oracle said 4/10
UHC said 12/31/26 up until two days ago
UHC now says 4/30/26

The insurance business is undergoing a major overhaul

The projects with London Markets have been frozen / cancelled

Another relatively new logo is about to have a significant portion of their staff culled because apparently a year in they’re not making money…. Bullsh-t comes to mind

Just wait until they announce results - it’s
Not looking good.

https://www.khou.com/article/news/local/memorial-hermann-blue-cross-blue-shield-texas-in-network/285-ceceb89a-d299-47e7-868b-f4f58889cb4e

I hope they don’t keep doing this to us every year to try to juice their profits by Pennie’s. Maybe we can use some of that excess Iran war profit to improve benefits for employees

I've worked for PaaS and MaaS, and I was let go with the HCl rebadging, but I hear CaaS is hiring and I'm not familiar with that department.

Can someone explain the job to me?

Illinois Secretary of State Alexi Giannoulias’ Driving Change campaign – launched to combat unfair and discriminatory auto insurance practices – is now delivering results, as legislation advancing insurance reforms has passed the Illinois House and will return to the Senate for a concurrence vote.

Senate Bill 1486 builds on the momentum generated by the Secretary of State’s statewide advocacy effort, which elevated concerns from Illinois drivers and helped shape a comprehensive proposal to bring greater fairness, transparency and accountability to insurance ratemaking.

“As Secretary of State, I’ve been clear that driver’s deserve quality auto insurance at a fair price,” Giannoulias said. “Thanks to the thousands of voices of Illinoisans who shared their stories through our Driving Change campaign, we’re now on the verge of passing meaningful reforms that will hold insurance companies accountable and help make coverage more affordable.”

Senate Bill 1486 introduces several consumer protections, including:

Requiring insurers to provide at least 60 days-notice before increasing renewal premiums by more than 10 percent for auto or homeowners policies.
Expanding Illinois law to explicitly prohibit auto insurance rates that are excessive, inadequate or unfairly discriminatory – defined as rates that do not reflect actual differences in expected losses and expenses.
Granting the Illinois Department of Insurance greater authority to review rate filings and challenge those deemed unfair, with a clear process and timeline for hearings and resolution.
Preventing insurers from shifting costs from out-of-state risks, such as natural disasters, to Illinois policyholders.
Modernizing the National Safety Council’s Defensive Driving Course by aligning the in-person course requirements with the online course requirements.
The legislation reflects concerns raised during the Driving Change campaign, which Giannoulias launched to spotlight how insurers use socio-economic data including credit scores, ZIP codes and age to set rates in ways that disproportionately impact seniors, working families and communities of color.

The Driving Change campaign kicked off in Chicago’s Bronzeville neighborhood and included partnerships with organizations such as AARP Illinois.

“As this bill moves through the final stages, we are taking a meaningful step toward a more transparent and accountable insurance marketplace,” said Leader Robyn Gabel. “Illinois drivers and homeowners deserve a system that is rooted in fairness, prioritizes actual risk and protects consumers from excessive or unjustified rate increases.”

“For too long, Illinois families have faced rising insurance costs without clear justification. Senate Bill 1486 establishes important guardrails to ensure rates are not only transparent, but fair,” said State Representative Thaddeus Jones. “This is about protecting consumers and making sure insurance companies are accountable.”

As part of the campaign, the Secretary of State’s office launched an online portal – www.ilsos.gov/drivingchange – allowing Illinoisans to share personal experiences with insurance pricing and advocate for legislative reform. Feedback collected through the site and a series of statewide town halls directly informed the policy framework now advancing in Springfield.

The push for reform comes amid rising insurance costs statewide. Illinois auto insurance rates increased 18 percent in 2024. At the same time, Illinois remains one of only two states that does not require prior review of insurance rates, leaving consumers vulnerable to excessive or unfair pricing.

https://www.ilsos.gov/news/2026/march-19-2026-giannoulias-auto-insurance-reform-bill-clears-illinois-house.html

my position is being eliminated (long story and it will not affect others). i am thinking about keeping cobra and wanted to see if anyone had experience with it. gracias...

What are some good jobs for nurses? I work at a busy hospital and am really stressed out and a friend told me to check out insurance jobs.

The message has been clear for month now in the entirety of underwriting. Move to claims or gtfo. All this worry about going in office more next year. brother, you’ll be gone by October lmao. Get on the same page about creating a union or just accept whats coming like the good little sheep you are. Out the Farm and out to pasture.