State introduces plans to make changes to its troubled insurance program Massachusetts Governor Charlie Baker, along with other officials, has drafted new plans to overhaul the state’s Medicaid program, called MassHealth. This will be the largest overhaul that the program has seen in the past 20 years, marking a significant shift in the health insurance space and potentially ensuring that more consumers will have access to the coverage that they need. MassHealth currently provides coverage to some 1.8 million low-income people throughout the states and represents that majority of the…
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$32 million in funding coming to the Children’s Health Insurance Program
Federal agency announced more funding for CHIP to ensure children have the coverage they need The Centers for Medicare & Medicaid Services has announced that it will be providing $32 million in funding for the Children’s Health Insurance Program (CHIP). The program has been lacking funding in recent years, which has raised concerns that many children may lose the insurance coverage that they are using currently. The program was established nearly 20 years ago as a way to ensure that children of low-income families would be able to receive the…
Read MoreTexas hailstorms highlight the importance of homeowners insurance
Hailstorms batter Northern Texas, showing consumers the need for insurance coverage Northern Texas was recently the victim of a major hailstorm, which has highlighted the need for comprehensive homeowners insurance coverage. In the Dallas area, insurers experienced a flood of claims, which were the result of a hailstorm that passed through the region. As with all natural disasters, the hailstorm struck without warning, causing significant damage to property and vehicles in some parts of the region. Some homeowners have been experiencing hail damage for weeks due to unfavorable weather patterns.…
Read MoreAllstate aims to raise insurance premiums in Georgia
Allstate bypasses rate proposal process to increase premiums Allstate customers in Georgia may see their insurance premiums spike, according to the Georgia Department of Insurance. The insurance company is planning to implement rate increases on some policies, with premiums rising by as much as 58.3%. According to Insurance Commissioner Ralph Hudgens, this is the first time he has seen such a rate hike. Moreover, the proposed rate hike has not been approved by the Department of Insurance. Insurance Commissioner claims Allstate bypassing the proposal process is unfair Hudgens notes that…
Read MoreIdaho health insurance exchange is struggling to serve consumers
Your Health Idaho issues bulletin to agents to help resolve one issue consumers are experiencing Your Health Idaho, the state’s health insurance exchange, has issued a bulletin to insurance agents. The bulletin is meant to help agents better serve customers, providing them with information on what to do if people cannot get treatment for life threatening illnesses because they are unable to use their coverage. According to the bulletin, agents should include the term “medical urgent” in the subject line of emails being sent to the exchange. Since the bulletin…
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