166,000 people in Wisconsin purchase health insurance coverage

Wisconsin Governor Scott Walker health insurance

State information shows that more people are purchasing insurance coverage Wisconsin’s Office of the Commissioner of Insurance has released information concerning the number of people that have acquired health insurance coverage as of June 1 of this year. The state’s Governor, Scott Walker, intends to cut the number of uninsured people throughout Wisconsin in half within the foreseeable future. According to state officials, the number of uninsured people in the state as of March of this year stood at 556,000. Majority of those that have purchased coverage have done so…

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Health care reforms appears to be creating happy customers

health insurance news care reform

A new survey has shown that people who are newly covered by medical insurance seem pleased. According to the results of a Commonwealth Fund survey, the expansion of insurance coverage as a result of the health care reform are starting to produce some rather pleased and satisfied customers. They survey also determined that there are a notably larger number of people with coverage in the country. The research group’s survey showed that among adults who are younger than the age of 65 years, an estimated 15 percent are currently uninsured.…

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Health insurance cancellation letters return: are you next?

health insurance cancelled

A new wave of letters are expected to be issued soon as plans fail to comply with the health care reform. Last year’s massive wave of letters that swept the country to inform previously covered Americans that their health insurance plans were being cancelled is about to be seen again. The question doesn’t appear to be whether or not this will happen, but how many will be affected. While some have predicted that the final tally could be rather low, others have said that there could be up to 20…

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Survey highlights consumer interest in health insurance coverage

Health Insurance survey

Some consumers may opt for fines rather than insurance Princeton Survey Research Associates has released the results of a new survey that suggests many people may be willing to pay fines rather than purchase health insurance coverage in the U.S. According to federal law, all U.S. citizens must have active health insurance policies beginning on January 1, 2014. Those failing to meet this requirement could face fines that could be as much as 1% of a person’s annual income. While the law is meant to institute financial penalties in January…

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TWIA plan aims to reduce financial burden on policyholders

Texas Homeowners Insurance

Texas legislators introduce new plan for TWIA Texas lawmakers have revealed a plan that aims to help solve the problems of the beleaguered Texas Windstorm Insurance Association (TWIA). The state-run insurance provider offers coverage for coastal properties and is typically the only place homeowners in coastal regions can find the coverage they need because of the high risks they represent. TWIA has faced several challenges over the years, most of which have been financial, and lawmakers have been working to solve these problems. Plan aims to raise funds for state-run…

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