Texas has the largest population of those without health insurance coverage

Texas health Insurance companies

Texas leads in terms of uninsured population, eclipsing California Texas now has the highest uninsured population of any state in the United States. Last year, the state had more than 5 million residents that did not have health insurance coverage, overshadowing even California in terms of its uninsured population. For many years, California was home to the largest uninsured population, with some 4.8 million people without coverage. Over the past few years, however, the state has managed to reduce its uninsured population by a significant margin. California has reduced the…

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Census Bureau shows 8.8 billion people gained health insurance coverage

health insurance coverage

Report highlights the growing number of people with insurance coverage in the US The Census Bureau has released data that shows that 8.8 million people in the U.S. were able to gain health insurance coverage in 2014 due to the Affordable Care Act. The organization’s report notes that 2014 was the first full year wherein the provisions of the Affordable Care Act were in effect. The federal law has allowed many consumers to receive insurance coverage through expanded health care programs and through state-based exchanges, which offer relatively inexpensive insurance…

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Gas prices may affect the cost of auto insurance

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Auto insurance premiums spike as gas prices fall Falling gas prices may be having an impact on the cost of auto insurance coverage in the United States. Earlier this year, analysts suggested that as much as $75 billion will be cut from the cost of gas by the end of this year. Drivers would be saving a total of $1 billion in fueling costs over the Labor Day weekend alone, largely due to the fact that fuel is getting less expensive. The average price of as is currently $1 per…

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Insurance industry could help improve company security

Cyber Insurance policies commissioners industry

Insurance industry may be able to improve the cyber security of companies The insurance industry may have a major role to play to help companies in the U.S. improve their cyber security, according to the U.S. Treasury Department. Federal lawmakers in Congress are struggling to pass new legislation that concerns cyber security. The legislation would force companies to improve their defense against digital threats during a time when cyber attacks are becoming much more frequent. Sarah Bloom Raskin, deputy secretary of the Treasury Department, believes that insurers can be a…

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New health insurance model to be tested in seven states

U.S. Health Insurance

CMS announces that a new health insurance model will be tested to reduce the cost of medical care A new health insurance model is set to be tested in the United States, according to an announcement made by the Centers for Medicare & Medicaid Service (CMS). The model was designed to improve medical care while also cutting costs and the concept behind the model was designed over the course of 10 years at the University of Michigan. Called the Medicare Advantage Value-Based Insurance Design Model, the program is meant to…

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