Live Insurance News

This week in insurance news video round up

May 3, 2013May 25, 2013 S.Vagus

Below please find our notes and links about video featured insurance news… Health insurance shows 84 million Americans uninsured or underinsured for a span of 2012 According to research conducted by the Commonwealth Fund, there were 84 million people who either went uninsured or underinsured for a span of time in 2012. The reason has to do with a provision of the Affordable Care Act that allows young adults to remain on the health insurance plans of their parents for longer periods of time. In the case of underinsurance, research…

Bills introduced to address health insurance issues in California

May 1, 2013April 30, 2013 S.Vagus

Governor Jerry Brown - California health insurance

California lawmakers look to provide consumers with more protection in the health insurance sector California lawmakers have introduced two bills to Governor Jerry Brown this week. Each of the bills is awaiting Brown’s approval, which lawmakers expect to come in short order. The bills are meant to provide consumers with more protection in the health insurance sector, preventing insurers from refusing coverage for those with pre-existing medical conditions and prohibiting the limitation of coverage or excessive charging for coverage of older consumers. The legislations are also meant to make the…

Health insurance exchange may bring competition to North Dakota

April 23, 2013April 22, 2013 S.Vagus

North Dakota may see more competition in market due to health insurance exchange Many states throughout the U.S. are still struggling over the concept of health insurance exchanges. The exchanges are part of the Affordable Care Act, which many states oppose on general principle. As it becomes less likely that states will be able to avoid the federal health care law, however, some are beginning to highlight the potential benefits that could be had through hosting a health insurance exchange. In North Dakota, lawmakers expect that a comprehensive exchange program…

Insurance industry expected to react to Boston Marathon bombing

April 20, 2013April 18, 2013 S.Vagus

Bombing sends ripples throughout insurance industry The Boston Marathon was held in Massachusetts earlier this week and served as the scene for a gruesome attack that claimed the lives of three people and left over one hundred wounded. Three bombs went off at the finish line of the Boston Marathon fairly late into the event. U.S. officials are still investigating the event, hoping to unearth details leading to the apprehension of the responsible party. While the investigation may not have an immediate solution, the Boston Marathon bombings may have a…

Health insurance program in danger of running out of funding

April 15, 2013March 1, 2014 S.Vagus

Federal health insurance program is at risk of having funds run dry The Affordable Care Act may be running out of funding for one of the key programs set up throughout one of its most ambitious provisions. The Pre-Existing Condition Insurance Program was set up through the Affordable Care Act as a way to ensure that those with pre-existing medical conditions have access to comprehensive health insurance coverage. The federal law requires that this insurance program be funded by the federal government itself, but the funds for the program are…