Insurance news study results show people with coverage use hospital less

insurance news

The research compared hospitalizations among those who had health plans with those who didn’t. According to the results of a new study that are making insurance news headlines, people who have health coverage are far less likely to require hospitalization than those who are uninsured. This data comes at a time when the Affordable Care Act is still trying to show it will be financially worthwhile. The research performed a comparison between the hospitalizations of childless adults who had BadgerCare with those who are completely uninsured. What it determined was…

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Long term care insurance not a high priority for many in the US

Long Term Care Insurance

New research has shown that the coverage and other preparations for LTC is not a top concern. According to the results of a new poll, which looked into the way that people aged 40 and higher are making preparations for their future aging needs, the trend is that few are making a high priority of taking out long term care insurance and making other preparations to pay for the costly assistance that they may one day need. Two thirds of the participants in the study said that they had planned…

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Health insurance shows 84 million Americans uninsured or underinsured for a span of 2012

health insurance uninsured and underinsured survey

The survey revealed that there was a very large group that spent part of last year without coverage. According to research conducted by the Commonwealth Fund, there were 84 million people – that is, almost half of all American adults of working age – who either went insured for a span of time in 2012, or who had to pay medical costs that were so great that they were considered to be underinsured. The survey also discovered that the coverage level increased among young adults from 2010 to 2012. The…

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Insurance industry study reveals how people select their plans

insurance industry plan choosing factors

Research has revealed new insight into how the choices are made regarding the policies that are purchased. Policymakers in the insurance industry are always tweaking and altering the plans that are available in order to help to make them more appealing for people to purchase, without providing an option that will be overly costly to the company when compared to the revenue it generates. This includes the concept of the “moral hazard”, in which people change their behaviors because they are covered. For instance, the insurance industry has observed –…

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Insurance news from U.S. policyholders reveals they’re spending more

Insurance news cost

37 percent of American survey respondents say they spent more over the last 12 months. The results of a survey of policyholders in the United States are making insurance news as they have revealed that Americans believe they have spent more for their coverage over the last year. The majority feel that the reason for this increase in spending is due to higher premiums. Among the participants in this Princeton Survey Research Associates International insurance news making study, 37 percent claimed that they had spent a larger amount last year…

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Insurance news from Swiss Re shows drop in catastrophe claims

Insurance news cost

The industry has faced about half as much cost from disasters than it saw last year. Swiss Re, the massive European reinsurance company, has released its most recent insurance news statistics for the year, saying that it looks as though the industry took on about half of the claims costs for disasters this year than it did last year. The claims losses from 2011 were nearly record breaking, so the notable reduction is very welcome. The prediction made by Swiss Re in its insurance news statement was that the industry…

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U.S. drivers turn to the Internet to find coverage

Online Auto Insurance

Report shows that more consumers favor switching carriers over purchasing new policies J.D. Power and Associates, a global marketing information service, has released a new report that shows a sharp decline in the number of people purchasing auto insurance in the U.S. The report shows that the number of car owners that are purchasing new insurance policies is diminishing. These drivers are, however, switching insurance carriers at a higher rate. The report draws upon data collected by J.D. Power through a recent survey of U.S. auto insurance consumers. Many drivers…

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