Tag: Rhode Island

Health insurance enrollment period extended in Washington

Logan B.
washington health insurance exchange

States begin extending the enrollment period for their insurance exchanges The open enrollment period for health insurance exchanges in the United States has come to an end, but that may soon change for many states in the country. In Washington, the enrollment period has been extended until the middle of April, which will allow more people to sign up for health insurance coverage through the state’s exchange. In other states, lawmakers are considering extension to the enrollment period, as well. Federal penalties encourage states to extend their enrollment periods in…

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Health insurance rates could spike in small states

Nordstrom
health insurance costs subsidies

Baby boomers relying more heavily on medical care could lead to a surge in spending Baby boomers are entering their “golden years” and this may have a significant impact on health insurance premiums for everyone else. An estimated 76 million people from the baby boomers generation are expected to create a surge in spending on prescription medications, health care, and hospice car. This may become a major financial issue for insurance companies, with insurers like UnitedHealth and WellPoint seeing few other options than raising rates. For some states, premiums may…

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Health insurance rates set to rise in Rhode Island

Marc
Health insurance rates

Higher rates approved by state’s insurance regulators Rhode Island Insurance Commissioner Kathleen Hittner has announced that rate proposals from the state’s health insurance companies have been approved for 2015. Insurers are seeking rate increases in order to balance out the losses that they incur from the cost of medical care. Many people have purchased insurance coverage over the past several months and are beginning to visit doctors and receive treatment for their conditions. In order to recover from the costs of these treatments, as well as other financial issues that…

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Health insurance rates to rise in Rhode Island

Logan B.
health insurance

Rhode Island Insurance Commissioner approves higher health insurance rates The cost of health insurance is set to grow in Rhode Island. Insurance Commissioner Christopher Koller recently approved rate increase proposals that will affect more than 200 plans throughout the state. Higher rates will take effect in 2014 and approval was granted to proposals coming from UnitedHealth of New England and Tufts Health Plan, as well as others operating in the state. On average, rates are to increase by 10% for a variety of plans. Rates for individual market to rise…

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Hurricane Irene Expected to Make Landfall in North Carolina before Tracking on to

Guest Author

BOSTON, Aug. 26, 2011 – According to catastrophe modeling firm AIR Worldwide, parts of the southeastern United States were already experiencing dangerous swells and rip tides yesterday as Hurricane Irene exited the Bahamas. Presently, ahead of Hurricane Irene’s forecasted arrival in North Carolina tomorrow, high waves and storm surge are beginning to impact the state’s Outer Banks. As of the National Hurricane Center’s (NHC) 11:00 am advisory, Irene-now a Category 2 storm (down from Category 3 status yesterday)-is 330 miles south-southwest of Cape Hatteras, North Carolina, tracking north at 14…

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