Author: Logan B.

What to know about the 2024 health insurance open enrollment period

Logan B.
Health insurance - Open Enrollment 2024

There could be fewer choices available to consumers shopping in Healthcare.gov this year. The 2024 health insurance open enrollment period starts today for consumers across the country shopping for coverage on the federal- or state-run Affordable Care Act marketplaces. Though there are likely fewer choices available for next year, this was done on purpose. Consumers shopping for health insurance through HealthCare.gov might notice that there aren’t as many choices as they were used to seeing in previous years. This is not due to a mass exodus of insurers but is…

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Social Security Administration struggling with disability insurance overpayments

Logan B.
Disability insurance Form

The SSA hasn’t been adjusting the benefits of people going back to work after having been unable to. The Social Security Administration is facing struggles with overpaying benefits to disability insurance beneficiaries. The coverage is meant to provide benefits when an individual’s disabilities stop them from working. However, the Social Security Administration (SSA) has not been adjusting disability insurance benefits for some people when they return the work. The result is that they risk being overpaid. As nice as that might sound, beneficiaries who are overpaid may have to repay…

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Auto insurance challenges expected to ease, says S&P US report

Logan B.
Auto insurance - Woman sitting in car, frustrated

Though rates have been rising sharply during the pandemic recovery, that trend will level out. According to the S&P Global Market Intelligence US Auto Insurance Market Report, private insurer results are expected to improve from where they stood last year, when the combined ratio of 112.2 percent was the worst seen in decades. That said, according to the report, the improvements won’t occur as quickly as the industry had hoped. The private auto insurance results are still expected to improve, though not as fast as was previously predicted. “The post-pandemic…

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Florida approves 6 new home insurance companies

Logan B.
Insurance companies - Approval - Thumbs Up

The state has been scrambling to unload some of the policies currently carried by Citizens. In the middle of what many people have been calling a coverage crisis, Florida has now approved 6 new home insurance companies in a move to help the insurer of last resort, state-backed Citizens, unload some of its policies. Citizens has been overloaded with policies, having reached record highs in recent months. Insurance companies have been failing in the state and have been choosing to withdraw, have been going bankrupt, or have been deciding to…

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Mercy Health and Anthem strike health insurance deal

Logan B.
Health insurance - Deal - Handshake

The companies have come to an agreement that will keep the care provider in the insurer’s network. Mercy Health has announced that it will remain in Anthem’s health insurance network now that the companies have arrived at a deal. This means that the insurer’s members will be able to seek care through that healthcare system. The Catholic healthcare system in Ohio and Kentucky will be available to Anthem health insurance members on the Medicaid, Medicare Advantage and employer-based coverage plans. According to the new agreement, this will extend through to…

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