Author: Logan B.

Crop insurance claims provide little help to some Maine apple growers

Logan B.
Crop insurance - Person Collecting Apples from Tree

As the harvest season comes to a close, growers have been hit by a massive 50 percent loss. Right after the end of the harvest season, Maine apple growers started filing their crop insurance claims to help cover the losses they experienced during this difficult growing year. Adjusters from their insurers have been visiting the orchards to verify that the facts are as reported. The issue leading to the crop insurance claims occurred back in late May when a snap freeze annihilated the apple blossoms on trees that were just…

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Is Florida also headed toward an auto insurance crisis?

Logan B.
Auto insurance - Crisis coming to Florida

The state is already teetering on the edge in its property coverage sector, but are vehicles next? Florida has long contended with challenges in its auto insurance industry due to the way the laws in the state open the door to fraud and widespread litigation, both of which are highly costly to insurers and, therefore, to drivers who must pay higher premiums every month. Among the issues driving this problem include the activities of certain glass repair shops and lawyers. A recent The Washington Post report has pointed to a…

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Many lapsed Medicaid recipients will enroll in ACA health insurance plans

Logan B.
Health insurance - Affordable Care Act Form

Experts and insurers have predicted that after losing old coverage, there will be an influx of policy shopping. Health insurance companies and advisors alike are preparing for a notable surge of consumers looking for assistance in navigating Affordable Care Act enrollment after having lost Medicaid coverage in 2023. As of April, this year, the extensions for coverage that were put into place during the pandemic ended. Beginning April 1, 2023, the Medicaid and Children’s Health Insurance Program (CHIP) coverage extensions that were put into place throughout the worst of the…

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What to know about the 2024 health insurance open enrollment period

Logan B.
Health insurance - Open Enrollment 2024

There could be fewer choices available to consumers shopping in Healthcare.gov this year. The 2024 health insurance open enrollment period starts today for consumers across the country shopping for coverage on the federal- or state-run Affordable Care Act marketplaces. Though there are likely fewer choices available for next year, this was done on purpose. Consumers shopping for health insurance through HealthCare.gov might notice that there aren’t as many choices as they were used to seeing in previous years. This is not due to a mass exodus of insurers but is…

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Social Security Administration struggling with disability insurance overpayments

Logan B.
Disability insurance Form

The SSA hasn’t been adjusting the benefits of people going back to work after having been unable to. The Social Security Administration is facing struggles with overpaying benefits to disability insurance beneficiaries. The coverage is meant to provide benefits when an individual’s disabilities stop them from working. However, the Social Security Administration (SSA) has not been adjusting disability insurance benefits for some people when they return the work. The result is that they risk being overpaid. As nice as that might sound, beneficiaries who are overpaid may have to repay…

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