Missouri insurance rates expected to go up

The past month has been trying for residents of Missouri. Storms late in April sent the Mississippi River on a rampage. Miles of farmland were inundated with water, causing billions in damage and displacing the state’s farmers. Those same storms were accompanied by an outbreak of tornados that tore through much of the region. The now infamous Joplin tornado – the most deadly and destructive tornado in six decades – that sundered a town and left hundreds without homes was the last of the environmental onslaught. Together, these disasters will…

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Debate continues over bill allowing consumers to purchase insurance across state lines

Congress is considering a bill that would allow insurance companies to sell policies across state lines. The bill has been before Congress for some time, but legislators have yet been unable to determine the necessity or viability of such a  law. Now, Congress is calling upon witnesses to testify whether or not the law will actually help lower the number of uninsured people in the nation and entice insurers to provide more affordable coverage. These witnesses have begun appearing before the Health Subcommittee of the House Committee on Energy and…

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Changes to Illinois health insurance up for vote

Illinois Governor Pat Quinn is expected to make a decision on a bill arriving at his desk today. The State’s House of Representatives passed legislation— by a sweeping majority of 98-15 – that would keep the state’s health insurance contracts intact for the next two years. This conflicts with Quinn’s move to change the state’s health insurance carrier,  a measure that would have left more than 100,000 government workers in need of new coverage. The bill will also reopen the health insurance procurement process and allow the state’s insurers to…

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