Early Glance: Health Care Equipment companies – Yahoo News

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The agents enrolled a half-million people for Covered California, the states version of the new national health care law, but they have soured on the work due to late payments and long wait times when they call to ask about payment, the Los Angeles Times reported (http://lat.ms/1y5NKAR). In a written report last week, Peter Lee, the executive director of Covered California, said the state still owes commissions to agents for enrolling small employers going back to June and hopes to make those payments next month. The state also owes 2,200 agents about $2 million for signing Californians up for Medi-Cal, the states Medicaid program for low-income residents, and those payments might not come until January. Everything would be forgiven if Covered Californias service level got up to industry standards, said Sam Smith, an insurance broker in Encino and immediate past president of the California Association of Health Underwriters, an industry group. If that doesnt happen, the damage could be permanent. Lee has apologized for the exchanges poor service and mentioned the contributions of the certified insurance agents in recent public remarks. Exchange spokesman Dana Howard told the Times that the average wait time for agents was about 30 minutes this week and more staff is being added. It remains to be seen if that will be enough to convince agents to enroll more people in 2015. More than 1.2 million Californians need to renew their policies, and the exchange wants to add another 500,000 people by mid-February.
Health agents still unpaid after plan’s rollout – Washington Times

Patterson fell $.35 or .9 percent, to $39.41. PerkinElmer fell $.55 or 1.1 percent, to $47.70. Thermo Fisher Scientific Inc. fell $.19 or .2 percent, to $119.92. Varian Medical Systems Inc. rose $.27 or .3 percent, to $84.55.
Early Glance: Health Care Equipment companies – Yahoo News