Older consumers in Minnesota claim to have been scammed by state’s health insurance exchange

Minnesota Health Insurance Trump Administration Lawsuit

Consumers worry that they have turned over assets unintentionally Some residents of Minnesota claim to have been scammed through the state’s health insurance exchange. The consumers are all either 55 or older and claim that they have been tricked into turning over assets while signing up for the coverage that they need. Consumers have been using the state’s insurance exchange, called MNSURE, to find policies, but some have reported problems when enrolling in the exchange system. The group of consumers claiming they have been scammed may face significant financial pressure…

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New health insurance option may be coming to Wyoming

Wyoming Health Insurance

Wyoming may study the financial impact of opening up the state’s insurance plan to residents Those living in Wyoming may have a new option when it comes to health insurance coverage. The Wyoming Department of Health may study the possibility of allowing all those living in the state to join its existing insurance plan. The state’s Joint Appropriations Committee has approved to add the study to a two-year budget legislation that has been introduced. Lawmakers want to task the Department of Health with building a report concerning the financial impact…

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President Obama proposes cuts to crop insurance

us crop insurance program

2017 budget plan aims to cut $18 billion in funding for the Department of Agriculture President Barack Obama has proposed a budget plan for 2017 that could have a major impact on farmers throughout the country. These farmers rely on crop insurance to protect them from the financial implications of natural disasters and underproduction, but this form of coverage has become a financial burden on the country. Obama has proposed to cut some $18 billion in funding for crop coverage offered through the Department of Agriculture over the next 10…

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New legislation in Arizona seeks to secure health insurance for children

Children’s Health Insurance Program kids

Legislation revitalizing the KidsCare program has received approval from state representatives Children in Arizona may soon have access to the health insurance coverage they need thanks to new legislation. The legislation has been approved by the state’s House of Representatives and aims to revitalize a program known as KidsCare. The program is designed to provide coverage for children in families with incomes from 138% to 200% below the federal poverty level. The legislation revitalizing the program still has some legislative hurdles to overcome, but it has gathered strong support from…

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UK’s flood insurance program could face major risks in the future

residential flood insurance news

Rise in house building may increase the risks of flood damage for some households The demand for housing is growing rapidly in London and this could lead to a surge in flood risks throughout the city. This could place the United Kingdom’s flood insurance program, called Flood Re, under a great deal of pressure, according to researchers from the University of Oxford. Researchers believe that the number of households eligible for Flood Re coverage will grow as much as 75% in the coming years. Flood Re program will launch in…

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