Many consumers lack an understanding of health insurance terms

S.Vagus
us health insurance reform

New study highlights the education problem that pervades the insurance sector Health insurance in the United States has evolved since the Affordable Care Act and many consumers may still be unaware of how marketplaces have changed. A new study from the Episcopal Health Foundation and the Rice University Baker Institute for Public Policy shows that many people still do not understand certain insurance terms. This lack of understanding is highest among those who have purchased coverage through state insurance exchanges. Some 1.3 million people have acquired coverage, but nearly half…

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State-run health insurance exchanges contain security flaw

Julie Campbell
health insurance website problem security alert computer

An investigation has discovered that the California, Vermont and Kentucky sites left personal data vulnerable. In a recent investigation of state-run health insurance exchange websites, “significant cybersecurity weaknesses” were discovered in California, Vermont and Kentucky, according to federal officials. These flaws in the websites may have left the personal information of residents of those states open to hackers. The Government Accountability Office (GAO) discovered the vulnerabilities. This independent agency functions as a watchdog organization over Congress. The investigation it conducted looked into the health insurance exchange websites of the individual…

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Allstate launches usage-based auto insurance program in Alberta

Logan B.
usage based auto insurance

New insurance program could net drivers savings on premiums A new auto insurance program in Alberta, Canada, could give drivers a chance to save money on their coverage. Allstate has launched a new usage-based insurance policy in the province. The policy involves the use of telematic technology, which is designed to collect data on how a vehicle is being driven. This may be good news for safe drivers, as they will be able to obtain discounts on their insurance coverage. This data is collected over six months, giving Allstate the…

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How a tire gauge and other tools help you to avoid disaster

G. Turner
tire pressure winter auto care

A surprising number of crashes and accidents can be prevented with very small road safety efforts. Many drivers fall into the routine of heading out the door and down the street every day, to the point that they have all but forgotten about using their tire gauge and other simple tools on a regular basis in order to help to prevent some extremely avoidable emergency situations. Drivers aren’t necessarily careless or risk-takers but are pressed for time and don’t realize the importance of 2 minute efforts. Tire failure is far…

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Lawmakers seek to postpone reforms to the National Flood Insurance Program

S.Vagus
texas flood insurance insurance claims hurricane ike 2008

Congressmen aim to halt needed reforms in order to limit the growth of premiums Federal lawmakers are looking to make changes to the National Flood Insurance Program (NFIP), but some are pushing to postpone much needed reforms. Representatives David Jolly and Gus Bilirakis have introduced a new measure that seeks to put reforms for the federal program on hold. NFIP is currently $23 billion in debt, with no practical way to repay this money. Congress has been working to resolve the program’s financial issues for some time, but proposed reforms…

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