Author: Nordstrom

Illinois health insurance exchange still uncertain

Nordstrom
Illinois Health Insurance Exchanges

Illinois health insurance exchange is the basis for new political turmoil in its home state The Affordable Care Act is here to stay in the U.S., secured by a second term victory from President Obama and upheld by the Supreme Court. Because the future of the health care reform law is not longer in question, states are beginning to take aggressive steps to ensure they comply with the federal law. Some of the provisions of the Affordable Care Act are more easily accomplished than others, however, and some states are…

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Health insurance award winner in the United Kingdom has been named

Nordstrom
health insurance award

  Cigna has been awarded the coveted Best Group International Private Medical Insurance Provider title. The results of the 2012 Health Insurance Awards are in, and the announcements have now been made at the Grosvenor Hotel in London, England, where Cigna has now been named the top provider. The titles for the annual medical and protection event were presented by Ed Byrne, renowned Irish comedian. The health insurance awards are designed to honor professionalism and excellence within that sector of the industry. According to the Cigna Global Health Benefits, Europe,…

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Illinois health insurance exchange making progress

Nordstrom
Illinois Health Insurance Exchange

Legislators continue to push for Illinois health insurance exchange The Illinois health insurance exchange is on track to comply with federal regulations and deadlines. State officials have been making progress in building the state’s own exchange program, hoping to have one established before being confronted by deadlines from the federal government. Thus far, progress has been modest, but promising. The state is now reviewing five bids from companies and organizations interested in building the exchange program. Legislators are expected to choose one of these bidders within the coming months. State…

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Health insurance mandate rejected by Florida voters

Nordstrom
Health Care Reform

Health insurance mandate shot down by Floridians during election The U.S. elections have come to a close and that has major implications for the U.S. insurance industry. In Florida, voters have voted “no” on an issue concerning a health insurance mandate. Mandatory health insurance has become a controversial issue throughout the country, but many states are beginning to show interest in passing their own mandates rather than allow the federal government to impose one of its own. The federal Affordable Care Act imposes such a mandate on the entirety of the…

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Hurricane Sandy expected to lead to higher insurance rates

Nordstrom
Homeowners flood Insurance hurricane sandy damage

Hurricane Sandy likely to boost property insurance rates in the future Hurricane Sandy is receding, but has solidified its status as a “superstorm.” The hurricane made landfall earlier this week and has since caused widespread damage throughout much of the northeastern U.S. Massive storm surges caused major flooding in heavily populated cities such as New York City and power outages that have affected millions of people. Hurricane Sandy has caused a significant amount of damage, but some of the storms impact may linger well into the future in the form…

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