Colorado lawmakers look to increase oversight of state’s health insurance exchange

Logan B.
Colorado Health Insurance

New legislations aim to introduce more oversight on insurance exchange Colorado may be placing its health insurance exchange under more scrutiny. The state’s Senate had granted approval for two bills that are designed to increase oversight of the exchanged, called Connect For Health Colorado. The exchange has managed to attract a large number of enrollees, all of whom are looking for affordable health insurance coverage. The recent success of the exchange has been praised by lawmakers, but past failures have also called into question how the exchange is operated. First…

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Homeowners insurance rates may skyrocket in North Carolina

Marc
homeowners insurance

Homeowners are receiving consent to rate letters from their insurance providers Homeowners insurance providers in North Carolina are sending consumers “consent to rate” letters. These letters are informing homeowners that they must agree to pay higher rates for their coverage or risk losing this coverage entirely. For many, this will mean that insurance policies will become significantly more expensive this year. Others may choose to find new homeowners insurance providers and, in some cases, this could save them money on coverage. State regulators deny rate increases from insurers, but state…

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Health insurance exchange site boosts privacy

Julie Campbell
health insurance agents websites

Broad alterations are being made by the Obama administration to keep consumer information safe. According to several reports, the Obama administration seems to be implementing a range of different changes to the federal health insurance exchange website in order to ensure that consumer information is being better protected. This move comes in response to objections that have been made by privacy advocates and lawmakers. The Associated Press (AP) reported that certain details, such as the income of consumers, as well as whether or not they were tobacco users, was being…

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Drivers may be paying too much for auto insurance coverage

Nordstrom
auto insurance car headlights

Survey suggests that drivers are paying more than they should for insurance coverage Many drivers in the United States may be paying too much for auto insurance coverage, according to a survey from NerdWallet. The survey drew information from 1,000 zip codes throughout the country, including the average rates that insurance companies charge for covering drivers and their vehicles. The survey found that, on average, prices in auto insurance coverage varied by 154% based on zip code. NerdWallet suggests that those shopping around for coverage could find significant savings. Drivers…

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Nearly 300,000 people in Michigan enroll for health insurance coverage through state’s exchange

S.Vagus
online health insurance technology exchange

Open enrollment period for state exchanges is coming to a close next month There are only three weeks left in the current open enrollment period for health insurance exchanges in the United States. The open enrollment period exists as a time when consumers can acquire coverage through insurance exchanges that exist in their states. Some of these exchanges are operated by the states themselves, while others are controlled by the federal government. Once the open enrollment period ends, consumers will no longer be able to acquire health insurance coverage through…

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