As the time grows nearer to the start of the new school year, it is important to look over your insurance needs and consider whether or not they are being met by your current coverage, as there are many issues that can alter your protection requirements at this time. A child’s grade level change, a newly licensed teen, or having a family member who is a college freshmen can each impact the type of insurance you need for auto, health, and homeownership. First, have a look at your auto insurance.…
Read MoreTag: short-term health insurance
Illinois legislators allow 90-day insurance contracts for state employees
The Illinois Legislature has approved a plan to allow a temporary extension to the insurance program that provides healthcare benefits to the state’s employees and retirees. Lawmakers have been debating the necessity of the program, going so far as to consider it’s burden on the state’s finances a weight too heavy for the state to bear. However, the Commission on Government Forecasting and Accountability approved of a plan during an emergency session of the Legislature. The plan will give the state’s Department of Healthcare and Family Services the authority to…
Read MoreOregon health insurance rates on the rise
Health insurance providers in Oregon have been seeking approval for rate increases for nearly a year. Some may be getting their wish, but will not be able to raise rates as much as they had originally planned. The Oregon Insurance Division of the Department of Consumer and Business Services has granted approval for half of the rate proposals they have been reviewing over the past year. While many companies will not see the increases they had hoped for, consumers stand to save more money on their policies. The Division approved…
Read MoreNew Jersey: Government run health plan looking to close their doors
In New Jersey, hundreds of cities and school districts have saved a fortune by taking part in the state’s relatively unknown benefits program. For the past three years, an increasing number of people are dropping the insurance policies they bought from big name companies in favor of the state’s program. Some legislators are looking to change that by proposing a new bill that could severely inhibit the program. Stephen M. Sweeney, the State Senate president, is proposing legislation that would prohibit the state run insurance program from accepting new members.…
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