Alabama Children’s Health Insurance Plan will Start Removing Kids on January 1

CHIP alamaba children's health insurance plan

Low income families across the state are facing a rough start to the year as 7,000 kids will lose their coverage. The Alabama Children’s Health Insurance Plan (CHIP) is beginning their first stages toward shutting down coverage for all kids it covers in the state. The first phase will involve cutting 7,000 children from low income families starting on January 1, 2018. State officials say CHIP is running out of funds following Congress’s failure to renew in time. The kids whose Alabama Children’s Health Insurance Plan, also known as All…

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Health insurance deductibles in Alabama will soon be higher

Alibama Health Insurance Costs

Consumers have expressed concern over their ability to afford to use the coverage they’ve purchased. Residents of Alabama have been voicing frustrations over an upcoming increase to the deductibles they pay out of their own pockets for health insurance they’ve purchased under the requirements of the Affordable Care Act. They have stated that the combination of higher premiums and deductibles are making coverage less affordable. The premiums being paid for health insurance in Alabama increased by an average of 28.3 percent over the last year. This was tough on many…

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Growers are running out of time before the crop insurance deadline

crop insurance policy

The Risk Management Agency of the USDA is reminding farmers that they need to act soon, if they haven’t already. A crop insurance reminder has been issued by the Risk Management Agency (RMA) at the USDA to growers in Alabama who intend to purchase coverage, as the deadline of September 30 is coming up quickly. The deadline applies to the coverage available for a range of different types of crops in different counties. For instance, the crop insurance deadline includes policies in Limestone County for canola, as well as for…

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Work group seeks to resolve problems with Alabama’s homeowners insurance market

Alabama homeowners insurance

Alabama continues to struggle with the impact of Hurricane Katrina Many homeowners in Alabama are still struggling to recover from the impact of Hurricane Katrina, some 10 years after the disaster struck. These consumers are facing higher homeowners insurance premiums, as insurers have had to raise rates in order to recover from financial losses associated with Hurricane Katrina. In order to resolve this issue, a new organization has been formed that will seek out a solution to costly homeowners insurance coverage for those living in coastal communities. New work group…

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Alabama launches work group to investigate the homeowners insurance sector

Alabama homeowners insurance

Alabama governor introduces work group that will examine the insurance market along the Gulf Coast Alabama Governor Robert Bentley has appointed a work group that is meant to study the homeowners insurance business along the Gulf Coast. In recent years, homeowners insurance premiums in the area have been rising at an astonishing rate, which is placing property owners under some financial strain. The work group will examine the market and determine what can be done to improve the insurance sector and reduce the strain on consumers along the Gulf Coast.…

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Health insurance rates may be going up in Alabama

Health insurance rates

Insurers seek rate increases Health insurance premiums for policies sold through the Alabama exchange could be rising by a significant margin. Blue Cross Blue Shield of Alabama, which sells policies through the exchange, is requesting a rate increase averaging 28%. This rate increase would affect individual plans. For the Blue Choice Platinum – Individual plan that the insurer offers, rates could go up as much as 71%. The rate increases are expected to affect some 175,000 people. Average cost of UnitedHealthcare plans could grow by 24.5% Another insurer is also…

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Health insurance for married same sex couples now offered by Blue Cross

Same Sex Couples health insurance

The largest insurer in Alabama is now required to comply with a federal rule to treat all married couples equally. Blue Cross Blue Shield of Alabama, the largest health insurance company in the state, is now offering spousal coverage to same sex couples that are legally married, so that the insurer will comply with a federal regulation that states that all married couples must be treated equally regardless of their sexual orientation. A spokesperson for the insurance company said that the same sex spousal coverage started being offered this year.…

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