Category: Latest Insurance News Articles

The latest headlines, on all lines of insurance, will be updated and listed here.

Fee increase for Colorado health insurance exchange has been approved

Logan B.
health insurance exchange

State’s exchange has increased its fees as a way to generate more revenue Colorado’s health insurance exchange has raised its fees. The exchange’s board of directors had been considering raising fees in order to make the exchange more sustainable and financially secure. The fees will be paid by all those that are purchasing insurance coverage through the exchange and those that already have policies from the exchange as well. The fee increase may be somewhat modest for most consumers, but could translate into much higher revenue for the exchange itself.…

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New Yorkers can now prove they have auto insurance with their smartphones

Julie Campbell
auto insurance premiums car mobile smartphone

Another state has now joined the growing number across the country allowing for electronic proof formats. According to a recent announcement from a spokesperson from the New York State Department of Motor Vehicles, the state has now implemented a regulation that will make it possible for drivers to be able to show their proof of auto insurance either in the traditional way with a paper card, or in an electronic format that can be displayed on mobile device screens. The new proof of insurance regulation has actually been in effect…

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Health insurance premiums grow among millennials

Nordstrom
Health Insurance industry young millennial

Research shows that millennials are facing higher insurance premiums Health insurance coverage has become more accessible in the United States due to the Affordable Care Act, but the federal reform law has also lead to a significant increase in insurance premiums. Research from the Heritage Foundation has found that insurance premiums have increased, especially for millennials that have received coverage through exchanges. These exchanges have succeeded in offering coverage to consumers, but premiums continue to rise and place some people under greater financial strain. Premiums for young consumers are on…

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More people have health insurance, but cannot pay for medical care

S.Vagus
health insurance mergers industry care

Survey shows that consumers are struggling to pay for medical care themselves The Affordable Care Act has made it possible for millions of people in the United States to obtain health insurance coverage, but the federal law may be falling short when it comes to addressing the cost associated with medical care. A new survey from Families USA shows that many people cannot afford the out-of-pocket costs of their medical care. The health insurance policies that these people have are not making it more possible for them to access medical…

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Americans are reminded of Osteoporosis Prevention Month

Julie Campbell
Osteoporosis prevention month bone health skeleton

Awareness efforts are spreading across the country as over half of U.S. adults will be affected by this condition. The National Osteoporosis Foundation is using Osteoporosis Prevention Month to help to remind people across the United States that over half of them will be affected by this bone condition at some point in their adult lives and that this should be taken very seriously. The condition can cause a measurable weakening in the bones and can increase the risk of fractures. The types of breaks that can happen as a…

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