Author: Marc

California takes different tack than Florida to beat home insurance crisis

Marc
Home insurance - Home on fire - Option A Option B

Officials in the state are looking for options to support property insurers in wildfire prone regions. California officials are working to avoid facing a similar situation in their home insurance market to that faced by officials in Florida. Florida residents are livid with their elected officials for allowing premiums to skyrocket to current levels. Catastrophic storms have been sending home insurance rates steadily and steeply upward in Florida. California is aiming to avoid the same situation due to the regular and devastating storms blasting their way through. State officials in…

Read More

Florida approves 4 new home insurance companies for operation in the state

Marc
Home insurance Three wooden homes and Florida state flag

The state’s property market is edging on crisis and has been bleeding insurers in recent years. Florida property owners are about to have an additional choice of coverage from four new home insurance companies that have just received their approval to sell in the state from the Florida Office of Insurance Regulation (OIR). The state has been in desperate need of new players in its property coverage market. The most recent home insurance companies to enter the state were Orion180 Select Insurance Company and Orion180 Insurance Company. Shortly before they…

Read More

Almost 23,000 kids in Idaho dropped from health insurance coverage

Marc
Health insurance - Child healthcare

The problem had to do with failure to fill out the necessary paperwork in order to be eligible. Nearly 55,300 kids throughout Idaho have lost their health insurance coverage through Medicaid since April, due to the disenrollment process currently going on in the state. Idaho has been working to end the protections that kept coverage in place throughout the pandemic. According to data that includes figures up until the end of July 2023, over 33,111 of the total 55,300 kids who lost their coverage were a part of a group…

Read More

Medicaid health insurance coverage at stake for many people because of paperwork issues

Marc
Health insurance - Help - Paperwork

People in a number of states have been struggling with paperwork issues and are losing their coverage. Procedural challenges and paperwork problems are being blamed for a rash of people losing their Medicaid health insurance coverage in several states throughout the country. The Health and Human Services Secretary is urging states to Health and Human Services Secretary do more to keep residents enrolled. Xavier Becerra, , is calling for states to do more to make sure their lower-income residents have the ability to remain covered by Medicaid health insurance coverage.…

Read More

Cigna health insurance sued over use of software to deny claims

Marc
Health insurance - Sue - Law

The insurer was sued in California for alleged unlawful claims reviewing software use. Cigna is now facing a lawsuit in California over allegedly unlawfully reviewing health insurance claims using software that does it automatically instead of having human employees complete the work. When a claim is submitted to an insurer, certain steps must be taken to determine if it will be accepted or denied. The healthcare system in the United States involves certain steps when it comes to determining payment through health insurance coverage. First, the patient heads to a…

Read More