A new rule in the healthcare reform has made it possible for many young Americans to maintain their coverage under their parents’ plans, which will allow an additional 2.5 million people who are 25 years old or younger to be insured. According to the Centers for Disease Control and Prevention (CDC), there was an increase in the percentage of insured individuals between the ages of 19 and 25 from 64 percent in June 2010 to 73 percent in September 2010. This rise is credited to the coverage provision of the…
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Insurance tips for the start of the new school year
As the time grows nearer to the start of the new school year, it is important to look over your insurance needs and consider whether or not they are being met by your current coverage, as there are many issues that can alter your protection requirements at this time. A child’s grade level change, a newly licensed teen, or having a family member who is a college freshmen can each impact the type of insurance you need for auto, health, and homeownership. First, have a look at your auto insurance.…
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