Live Insurance News

Health insurance rates in California draw ire from regulators

March 13, 2013March 12, 2013 Marc

California Health Insurance exchange popularity

Health insurance rates continue to grow in California Health insurance rates continue to climb in California, a fact that has the state’s Insurance Commissioner, Dave Jones, somewhat upset. Rates have been climbing at a rapid pace since 2010, after the Affordable Care Act was passed. In 2012, the federal law was upheld by the U.S. Supreme Court, which spurred many insurers to raise rates dramatically throughout the country. Insurance regulators have managed to keep some rate increases at bay, but California consumers continue to see the cost of their health…

Health insurance refund checks circulating throughout California

March 7, 2013March 6, 2013 Logan B.

Fake checks being issued to health insurance consumers Reimbursement checks from the California Department of Insurance have been circulating throughout the state. Many of these checks are in regards to health insurance, offering consumers refunds for their coverage or to help cover the cost of their health insurance policies. The checks have come as a surprise to many consumers throughout the state, also raising suspicion as the Department of Insurance had not informed consumers that they would be receiving these checks in any way. Insurance Commissioner Dave Jones has announced…

Health insurance proposal could make coverage more expensive in California

February 27, 2013February 26, 2013 Logan B.

New proposal could make health insurance premiums spike A new proposal facing the California Legislature could split the state into six new financial regions that could have a profound impact on the cost of health insurance throughout the state. While state lawmakers have been working to make insurance coverage more affordable, the proposal may derail these efforts by making coverage considerably more costly for many consumers, according to the state’s Department of Insurance. Insurance Commissioner Dave Jones warns that introducing these new zones could make coverage nearly unattainable for a…

Health insurance in some parts of California may be on the rise

February 21, 2013April 14, 2014 Guest Author

Bay Area residents may experience hikes in their premiums for their coverage next year. Consumers living in the Bay Area could potentially experience increases to their health insurance premiums, say some industry experts, if new proposals are all to pass by lawmakers in the state. The federal healthcare law is currently being interpreted by lawmakers and could lead to some added cost. Though some have predicted that there could be health insurance rate increases by as much as 20 percent, others don’t believe that the increases will be anywhere near…

Health insurance rules outlined for California exchange

February 19, 2013February 19, 2013 Nordstrom

California officials share glimpse at future of health insurance market The California health insurance exchange is beginning to take form and consumers are finally getting a glimpse at what kind of policies will be provided through the system. The state has chosen to build and operate the exchange itself, accepting federal financial aid for the effort. This week, state officials have begun to provide some information concerning the kind of health insurance policies that will be available in the exchange beginning October of this year. Exchange to offer plans in…