Health insurance deductibles are on the rise in the United States

Logan B.
cash money subsidy health insurance deductibles

Consumers are facing higher deductibles for their health care plans More people than ever before have been able to acquire health insurance coverage, particularly through exchange marketplaces, but they are beginning to encounter a problem they may not have expected: Growing deductibles. Deductibles for employer-sponsored coverage have grown by 67% since 2010, according to the Kaiser Family Foundation. HealthPocket, a health plan comparison site, shows that the average deductible for the least expensive coverage available through exchanges stands at $5,700 for 2016. Deductibles are higher for policies with low premiums…

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A thermal blanket and seat belt cutter can be vital during winter storms

Julie Campbell
Woman And Car winter travel seat belt cutter safety low pressure

Drivers heading out during winter storms on workdays or holiday weekends, must prepare for the worst. If you look out the window and the sky looks blue and sunny, it’s easy to think that a drive will be a smooth one, but winter storms can come on suddenly, and tools including a seat belt cutter, a thermal blanket, and other emergency supplies can suddenly mean the difference between life and death. Nobody wants to think about the worst that could happen, but it’s still important to prepare for it. No…

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

S.Vagus
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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Third largest insurance market is now China

Julie Campbell
China insurance market news

Figures released by the China Insurance Regulatory Commission (CIRC) show a surge over the past half decade. Following five years of tremendous surges in growth in the Chinese insurance market, premiums from that country have now brought it up to the third place spot among the largest marketplaces in the world. This was shared as a part of a report produced by the China Insurance Regulatory Commission (CIRC). The third place insurance market position was actually achieved in 2015, though the figures were only just tallied by the CIRC. The…

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12.7 million people enroll for health insurance coverage in the US

S.Vagus
online health insurance technology exchange

HHS reports that more people signed up for insurance coverage in 2016 than they did in 2015 The Department of Health and Human Services has released data showing that 12.7 million people throughout the United States have enrolled for health insurance coverage through exchanges for 2016 coverage. Enrollment numbers surged during the last hours of the open enrollment period as consumers scrambled to acquire the health insurance policies they need to avoid a federal penalty. The open enrollment period seems to have been a success, ensuring that more people than…

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