Health insurance exchange plans up for review in Washington DC

health insurance disclosure tax penalty

Small businesses have a problem with DC health insurance exchange Plans for a health insurance exchange in Washington D.C. has been facing some challenges in recent months, many of which are coming from small businesses. This week, the D.C. Health Benefit Exchange Authority reiterated that it was committed to establishing a working health insurance exchange for Washington D.C., noting that small businesses would be forced to purchase coverage from the exchange program. The committee did, however, announce that it would be working to delay the mandate requiring these small businesses…

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Flood insurance payouts trickle into New Jersey

flood insurance rates

FEMA reports more flood insurance payout came to New Jersey over past week The Federal Emergency Management Agency (FEMA) has announced that more than $200 million in flood insurance payments have been issued to New Jersey over the past week. The payments were disbursed through the National Flood Insurance Program, through which most U.S. homeowners receive their flood insurance coverage. The recent payments bring Hurricane Sandy’s insurance payout total to $2.7 billion. Federal officials note that more payments are on the way as claims continue to be processed through the…

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Health insurance survey shows struggles among New Hampshire residents

New Hampshire Health Insurance

Study reveals that few understand the markets for medical coverage in the state. New Hampshire is getting ready to begin its health insurance marketplace, as per the federal healthcare reforms, but a recent survey has shown that the vast majority of the residents of the state either don’t understand the changes or are completely unaware that they will be occurring. The marketplace is being created by the state and should be open for enrollment by October. The health insurance exchange in the state is going to be called the New…

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Workers compensation facing reforms in Tennessee

workers compensation

 The state’s Capitol Hill has placed the coverage overhaul at the top of their list. Tennessee’s workers compensation system is facing some changes as reforms to legislation in the state are made in order to make job creation more attractive, but while still protecting employees who are injured while on the job. House Bill 194 is aimed at reducing business costs while making several coverage improvements. The goal of H.B. 194 is to make workers compensation more affordable to businesses, while it boosts the predictability of the coverage, betters the…

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Flood insurance is a recommended coverage for residents of Maine

flood insurance news

Homeowners living in the state are urged to purchase protection when they are located near a body of water. Officials in the state of Maine are now urging homeowners and business owners to think about purchasing flood insurance coverage when the structure is located near a body of water and could therefore be at risk very soon. The flooding season in the state is rapidly approaching, as the snow begins to melt and rains begin. The Maine Floodplain Management Program is reminding homeowners and business owners that the typical policies…

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