Kansas wants to recruit more health insurance providers, as well as others

Iowa stopgap health insurance plan

New Insurance Commissioner aims to recruit insurers to provide better health insurance, and other coverage, options Kansas has a new Insurance Commissioner, and he wants to ensure that consumers have access to a more robust insurance market than they did in the past. Ken Selzer has taken office as the Kansas Insurance Commissioner and he has promised to begin enticing more insurance companies to come to the state. As more insurers come to Kansas, the options that consumers have for coverage will grow. This will also introduce more competition in…

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Accelerator aims to bolster Iowa’s insurance industry

Iowa stopgap health insurance plan

Two companies join Iowa’s Global Insurance Accelerator to help improve state’s insurance ecosystem Grinnell Mutual Reinsurance Company and IMT Insurance Company have become the latest insurers to join the Global Insurance Accelerator, a new insurance startup based in Iowa. The startup was launched in order to help create a stronger ecosystem for insurance companies throughout the state. Iowa is currently home to more than 200 insurers, with more than 54,000 employees working for insurers in central Iowa alone. The accelerator startup may help boost employment and give insurers the tools…

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Consumers may require guidance when it comes to health insurance exchanges

America's health insurance plan

Confusion remains a prevalent problem when it comes to health insurance exchanges The University of Iowa’s Public Policy Center and College of Health have released the results of survey concerning the state’s health insurance exchange. The state’s exchange has become quite popular among consumers looking to find affordable health insurance policies, but the exchange’s website has fallen victim to numerous technical problems that have prevented many from finding the coverage they are interested in. According to the survey, technical problems are only one issue that consumers are facing. Survey shows…

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Iowa may have lowest health insurance rates in the US

Iowa stopgap health insurance plan

State releases data concerning health insurance exchange The Iowa Insurance Division recently released data concerning the state’s health insurance exchange, suggesting that the state may be home to some of the lowest insurance premiums in the country. Iowa already boasts of relatively low premiums when compared to its neighbor states, but insurance regulators believe that the state’s exchange could offer even lower rates to many people. As in other states throughout the country, the Iowa health insurance exchange is set to begin open enrollment on October 1, giving thousands a…

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Crop insurance payouts show modest damage

Crop Insurance

Drought spurs moderate crop insurance payouts this year The ongoing drought that has gripped much of the U.S. may not be as economically calamitous as had been predicted, according to insurance payouts to farmers in some of the most drought-stricken states. Earlier this year, farmers had expected to lose the vast majority of their produce due to severe drought. While the drought proved to be one of the worst the country has experienced in its history, spurring the federal government to purchase stocks of fish and produce, the economic impact…

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Health care reforms receive more federal money for IT

health insurance healthcare reform

Many state insurance exchanges to benefit from more grant funds to expand their capabilities. The Department of Health and Human Services (HHS) have just released the latest information regarding funding for the health care reform, which shows that several states will be receiving over $765 million in total grant money. These funds are intended to boost the state health insurance exchanges on the IT level. The states that will be receiving the grants will include Connecticut, California, New York, Hawaii, Vermont, Maryland, and Iowa. This money will provide the states…

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Tornadoes in Oklahoma and Kansas claim lives and cause damage to property

Oklahoma-tornado-insurance-news

Damages from recent tornadoes that ripped through Oklahoma and Kansas. Powerful tornadoes tore through the states of Kansas and Oklahoma over the weekend, causing significant damage to businesses and homes as well as claiming lives. The National Weather Service claims that the weather system responsible for the disasters created more tornadoes in one day than either Kansas or Oklahoma would normally see in the month of April. Insurers have been working in cities affected by the tornadoes, hoping to mitigate any further damage and to process claims quickly to help…

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