50,000 Kansas residents sign up for health insurance coverage through exchange

Kansas health insurance

HHS shows that thousands of consumers have managed to find coverage through federal insurance exchange The U.S. Department of Health and Human Services has reported that some 50,000 Kansas residents have signed up for health insurance coverage through the state’s exchange as of December 12. The state’s exchange is managed by the federal government, as are most exchanges operating in the United States. Consumers can access the exchange through HealthCare.gov, which was recently revamped to provide better service to consumers that need to purchase insurance coverage. Open enrollment is set…

Read More

Health insurance scam uncovered in Kansas

Kansas health insurance

Insurance enrollment scam has been discovered operating in the state A health insurance enrollment scam has been uncovered in Kansas. After receiving several complaints from consumers, the Kansas Association for the Medically Underserved has discovered the scam. Consumers have been reporting that an “aggressive marketer” claiming to represent the National Health Enrollment Center has been calling, attempting to encourage people to enroll through a system not affiliated with the state’s health insurance exchange. The culprit also claims to sell insurance coverage directly, allowing consumers to avoid the exchange marketplace. Complaints…

Read More

Coventry to exit Kansas health insurance exchange

Kansas health insurance

Kansas residents may be forced to find new coverage as Coventry exits exchange Several thousand residents of Kansas may have to find new health insurance coverage soon. Coventry, a prominent insurer in the state, has announced that it will be exiting the Kansas insurance exchange. Currently, some 45,000 people receive coverage through Coventry policies that are sold through the exchange. Coventry accounts for approximately half of all policies that Kansas residents have purchased on the state’s exchange. These consumers still have options, but they may be more expensive, in some…

Read More

Long-term care insurance premiums to see massive increase in Kansas

Long-Term Care Insurance Caregivers

State residents will see a major increase in their long-term care insurance premiums Kansas residents that have purchased long-term care insurance will be hit by significant rate increases in the near future. Policyholders have been reporting that they have been notified that they will see rate increases as high as 60%. The Kansas Insurance Department has confirmed that this is, indeed, the case, as regulators have approved significant rate increases coming from insurers. For many consumers, this may become a major financial burden that may mean they would lose their…

Read More

Health insurance rates to spike in Kansas

Kansas health insurance

State regulators approve health insurance rate increases Health insurance rates are expected to go up in Kansas next year. The Kansas Insurance Department has approved rate increases for individual coverage after having received proposals from many companies operating in the state. Rate increases are expected to affect those seeking coverage through the state’s insurance exchange as well as directly from insurers. For some, the premium hikes may present more financial strain, as state regulators have approved significant increases. Premiums expected to rise by an average of 25.4% Initially, some insurers…

Read More

Health insurance rates to spike in Kansas

Health Insurance rates and care

Kansas tax plan will lead to an increase in health insurance premiums for those with HMO plans A new tax plan could increase health insurance premiums in Kansas. The state’s Senate passed the $470 million tax plan over the weekend, which will create a $47 million tax increase on managed-care organizations. The tax increase represents a 3.31% rate increase on health insurance companies that offer HMO plans. The increased rate on insurers will likely translate into higher premiums for policyholders as these companies seek to recover losses and mitigate the…

Read More

Health insurance rates to rise in Kansas

Kansas health insurance

State agency announces that health insurance premiums will grow Health insurance premiums may be on the rise in Kansas. According to the Kansas Insurance Department, premiums for coverage in the private market, as well as for policies sold through the state’s insurance exchange, will increase in 2016. Several insurers have proposed rate increases, though a small number of these companies have actually planned to lower rates next year. Increasing rates could make it more difficult for consumers to afford their health insurance coverage. Insurers raising rates by 10% or more…

Read More

Kansas earthquake insurance demand is on the rise

Kansas earthquake insurance

The recent 4.8 magnitude quake in the state is becoming an increasingly common event where it was once rare. Insurers and agencies in Kansas are reporting that they have been receiving a flood of inquiries with regards to earthquake insurance coverage, following last week’s tremor that was measured at 4.8 on the Richter scale. Traditionally, this has not been a state in which there has been all that much interest in that form of insurance policy. Employees of insurance offices, particularly in the Wichita area, have been reporting that they…

Read More

Health insurance rates in Kansas remain stable

Kansas health insurance

Insurance rates for policies sold through Kansas exchange expected to be stable through 2015 Consumers in Kansas may be able to breathe a sigh of relief regarding the cost of health insurance policies sold through the state’s exchange. The Kansas Health Institute has released a new report concerning the cost of these policies, showing that prices are expected to remain stable through 2015. According to the report, the average cost of policies going into effect next year is expected to increase by just 0.1%, which may be good news for…

Read More

Homeowners insurance rates in Kansas are on the rise

homeowners insurance

Insurance is growing more costly due to natural disasters in the past Kansas homeowners insurance rates are on the rise and it may be because of storms in the past. In 2011, the state suffered the most financial damaging storm season it has ever seen. An outbreak of tornadoes and hundreds of hailstorms punished Kansas, causing an estimated $1.1 billion in insured losses. The majority of these losses came from damage to homes and properties and 2011 accounted for the costliest financial blow that the state’s insurance sector had ever…

Read More