Live Insurance News

Health insurance plans often place a large amount of expense on customer shoulders

October 6, 2012October 6, 2012 H. Cutner

Lower premium policies are leading to high costs that can be financially crippling. A first of its kind American health insurance analysis of over 6,000 plans that are geared toward families and individuals has shown that the majority of people who enroll in them are at risk of facing tremendous out of pocket medical expenses that could cause them to face financial ruin. Plans that feature lower monthly premiums often have high limitations to the coverage they provide. For this reason, it is not uncommon for people to face enormous…

Group health insurance is the top choice for over half of seniors

July 19, 2012July 19, 2012 Marc

This option beats out Medicare Supplemental coverage The most commonly purchased health insurance coverage for seniors are Medicare Advantage and Medicare Supplemental plans and Medicare Part D, but recent studies have shown that they would have preferred the group coverage they had through their employers. The Medicare plans provide seniors with protection against medical care costs. That said, over half of the participants of a recent survey stated that they felt that the coverage that they had been receiving through their employer was superior to the protection they had through…

Employed individuals are finding additional forms of coverage to be increasingly important

May 1, 2012April 30, 2013

A study by The Hartford has shown that single workers don’t have the protection they need in case of injury or illness. Standard employer sponsored health coverage is leaving a widening gap in the protection it provides, making disability insurance and other additional support policies much more important to workers. According to the results of new research performed by The Hartford, this is especially true among those who are employed and single. It is these individuals who are least likely to have a financial safety net in case they should…

Results of 2012 National Critical Illness Insurance Buyer published

March 30, 2012May 18, 2012 Nordstrom

The American Association for Critical Illness Insurance, in association with General Re Life Corporation, has released a report based on the results of the 2012 National Critical Illness Insurance Buyer Study. The study showed that there is a growing number of people purchasing critical illness insurance in the demographic of those between the ages of 25 and 45. They are buying the coverage in order to ensure that they will have immediate cash payments available to them should they ever receive a diagnosis of a serious health condition. Approximately 49…

InsureCA4less.com website provides California residents with best insurance quotes and comparisons

March 24, 2012April 30, 2013

The new insureca4less.com website has announced the availability of its full service insurance quote website that is specifically designed to cater to the needs of the residents of California. The site is now offering Californians fast and easy access to free instant insurance quotes from insurers located within their area. It also provides the ability to compare the top quotes from several insurance companies so that users will always know that they are receiving the coverage they need, but at the best possible price that can be found. The insureca4less.com…