Live Insurance News

Health insurance deductibles in Alabama will soon be higher

March 17, 2016March 16, 2016 G. Turner

Consumers have expressed concern over their ability to afford to use the coverage they’ve purchased. Residents of Alabama have been voicing frustrations over an upcoming increase to the deductibles they pay out of their own pockets for health insurance they’ve purchased under the requirements of the Affordable Care Act. They have stated that the combination of higher premiums and deductibles are making coverage less affordable. The premiums being paid for health insurance in Alabama increased by an average of 28.3 percent over the last year. This was tough on many…

Health insurance provider Blue Cross Blue Shield may face fines in North Carolina

March 17, 2016March 16, 2016 Nordstrom

North Carolina Department of Insurance may issue fines against Blue Cross Blue Shield Blue Cross Blue Shield may be facing significant fines in North Carolina due to “unprecedented administrative failures,” according to the state’s Insurance Commissioner, Wayne Goodwin. The Commissioner intends to levy the maximum permissible fines against the health insurance provider as the insurers goes into its third month of enrollment and billing issues. The North Carolina Department of Insurance claims that it has received more than 8,700 calls and 1,900 formal complaints concerning Blue Cross Blue Shield this…

Lyme disease insurance bill could mandate long-term coverage

March 16, 2016March 15, 2016 Julie Campbell

Should this bill pass, it would mean that patients struggling with this condition will benefit from continued coverage. Lyme disease insurance isn’t necessarily something that people are always talking about, but it is an issue that becomes tremendously important to the millions of people who are afflicted with this tick-borne illness. In Massachusetts, this bill is currently being battled out between patient advocates and insurance companies. The Lyme disease insurance bill is certainly controversial. If it should pass, it would require long-term insurance coverage for patients who are experiencing the…

Auto insurance premiums expected to rise in Michigan

March 16, 2016March 15, 2016 S.Vagus

Some 2 million drivers throughout the state may see higher rates Drivers in Michigan are likely to see higher auto insurance premiums this year. Some 2 million people could see a $40-a-year increase, unless a tax credit that benefits insurers is repealed. Governor Rick Snyder has proposed repealing the tax credit as part of his 2016-2017 budget proposal. Doing so would secure more funding for the state’s general fund and may be able to ensure that drivers do not pay higher rates for their coverage. Insurers are being reimbursed for…

Allstate Insurance Company to receive over $6 million in case against S. Florida Clinics

March 15, 2016March 13, 2016 Julie Campbell

More than ten years of legal battles has finally led the insurer to receive several judgments in its favor. The Allstate Insurance Company has been battling its way through court cases for more than ten years and has now received several judgments within the 15th Judicial Circuit Court in Palm Beach County, which were against several health care clinics. The Insurance company claimed the clinics had been engaging in unlawful and fraudulent practices. These judgments were made in favor of Allstate Insurance on behalf of the policyholders in litigation that…