Can a pharmacy drug benefits company play a role in beating the opioid crisis?

Zemanta prescription opioid drug benefits insurance

A major U.S. pharmacy benefit manager placed a limit on pain pills in the hopes of reducing the risk of their abuse. Express Scripts, the largest pharmacy drug benefits manager in the United States, created a new program to limit prescriptions for new opioid patients. This program will launch across the entire country as of September 1, 2017. The opioid drug limitations will target new patients and will not apply to cancer patients or those in hospice care. According to Express Scripts, the time has come to take a bold…

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Texas governor signs so-called “rape insurance” bill signed into law

pregnancy, abortion, rape insurance

The new coverage restriction requires women to have to pay for a supplemental plan to cover non-emergency abortions. Republican Governor Greg Abbott of Texas has now signed House Bill 214 into law, passing a bill critics say will require women to have to pay for rape insurance. The law restricts abortion insurance coverage so that women will need to pay for a supplemental plan if they want to be covered for the procedure in non-emergency circumstances. Democratic opponents of the bill condemned it for forcing women to have to pay…

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Minnesota auto insurance company to refund $315,000 to over 1,600 drivers

Minnesota auto insurance company rates

Farmers Insurance Exchange has been accused of unfair pricing practices and is reimbursing affected policyholders. Minnesota auto insurance company, Farmers Insurance Exchange, is responding to accusations of unfair pricing practices with a refund to more than 1,600 drivers in the state. The policyholders affected by the pricing practices in question will be receiving a portion of a $315,000 total amount. The insurer is providing the refunds in response to an investigation into the way it was setting its rates. The Minnesota auto insurance provider underwent a pricing practice examination. The…

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Tesla insurance industry crash test results weren’t stellar

Tesla Model S insurance industry crash test

The automaker’s spotless safety testing record for the Model S was just marred by the IIHS. The Tesla Model S, which had previously performed very well in insurance industry crash test scores, now rates as less safe than rival vehicles. The Insurance Institute for Highway Safety (IIHS) determined that safety performance from this car wasn’t as good as that of other comparable models. The IIHS found the Model S offered passengers only adequate protection from some forms of impact. For instance, the insurance industry crash test determined the Model S’s…

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Allstate America’s Best Drivers Report for 2017 released before deadliest driving day

Allstate America’s Best Drivers Report data July 4th independence day

Motorists headed out on July 4 may want to check out the stats from this nationwide insurance company. The annual Allstate America’s Best Drivers Report has now been released, identifying July 4th as yet again the deadliest day on the country’s roads. Motorists are being cautioned to have a close look at the data and to be very careful when they get behind the wheel on Independence Day. Allstate, for its part, has issued its report alongside a new safe driving campaign, in the hopes of improving the numbers. Despite…

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Tropical Storm Cindy provides this year’s flood insurance reality check to homeowners

Tropical Storm Cindy flood insurance

Property owners who didn’t heed warnings at the start of the hurricane season are thinking again. From the point that Tropical Storm Cindy received its name, it was already too late for homeowners to buy flood insurance for coverage against any damage it may cause. This was the warning government officials issued at the start of the hurricane season, but the message always reaches too few. The severe weather is expected to bring a foot of water, along with high winds, to Louisiana and Texas. Tropical Storm Cindy brought several…

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What do you need beyond RV insurance to start the season right?

RV insurance road trip digital tire gauge

The warm weather is here and the hottest days are just around the corner, meaning the time is now to get ready! That time of year has come around, when you find yourself reviewing your RV insurance policy before you get the vehicle out of winter storage. As the school year comes to a close, families across the country are preparing to hit the road together so they can see the country from the ground up. After months of sitting unused, it’s very important to give your vehicle a proper…

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Tracy Morgan insurance dispute with Walmart won’t see him deposed

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The celebrity of Saturday Night Live and 30 Rock fame refused to testify under oath in this case. The current Tracy Morgan insurance case against Walmart has changed its tone as the celebrity refused to testify in a deposition. Walmart’s insurance company, Ohio Casualty, demanded that Morgan participate in a 7-hour deposition. The purpose of the deposition, said the insurance company, is to show that Morgan has exaggerated his injuries in order to obtain the claimed payout. The payout is reported to be around $90 million. That said, Benedict Morelli,…

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Hurricane season starts today and Jeff Atwater issued insurance advice

hurricane season insurance losses storm

The Florida Department of Financial Services CFO recommends that homeowners look again at their policies. Florida Department of Financial Services CFO Jeff Atwater cautioned state residents that the hurricane season begins. He reminded them that sooner is better than later when it comes to reviewing a business or homeowners insurance policy to ensure the right coverage is there. Should a storm be identified and named, it’s too late to contact an insurer to change protection levels. “For a better chance of a complication-free claims process, Floridians should carefully review all…

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Search and rescue insurance launches in Utah for outdoors enthusiasts

hiking utah search and rescue insurance

Recreationists residing in the state can pay a small fee to waive potential costs if a hike goes wrong. Utah officials announced the launch of a new search and rescue insurance product available to nature enthusiasts and campers. The fee is extremely affordable and would mean that policyholders wouldn’t need to pay expensive costs for search and rescue if a hike or camping adventure goes awry. The annual premium for this S and R insurance policy will be a highly affordable $25 for anyone who wants it. That said, entire…

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