California insurance regulators are pushing for new legislation that would institute limitations on a controversial form of health insurance that is targeting small businesses. This coverage is a type of self-insurance that is designed for businesses with 25 or fewer employees. Regulators claim that these policies are being used by health insurers to find companies with the healthiest workers, lowering their risk of costly payouts. Insurance Commissioner Dave Jones is concerned that these policies undermine one of the key principles of the Affordable Care Act: Lowering premiums by allowing insurers…
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How to find individual health insurance by yourself
When your health insurance is sponsored by your employer, it is easy enough to know which policy to choose because it has typically been selected for you, but when you are unemployed, self-employed, or employed by a company that doesn’t offer this medical benefits, then it is up to you to find your own coverage. Use the following tips to help you locate the right policy and price to fit your needs: • Healthcare.gov – this federal government site provides a number of questions that you can answer in order…
Read MoreGapInsuranceInfo.com announces new site to fill in the gap left by standard insurance
GapInsuranceInfo.com has announced the launch of their new website, which is designed to help Americans to find the gap insurance they need to fill in the coverage holes left behind by their standard policies. This supplemental coverage can help with gaps in protection for home, auto, health, life, and business. It provides actual cash benefits to make sure that you’re covered, no matter what unforeseen circumstances are sent your way. For example, many people who have health policies – either through their employers or that they’ve purchased themselves – believe…
Read MoreGender gap continues to play an important role in health insurance premiums
According to the latest research issued in a report by the research and advocacy group, the National Women’s Law Center, women continue to pay higher premiums than men for the same health coverage. In 2014, when the new healthcare laws are fully implemented, the discrepancy between what men and women will pay for health insurance will cease, but at the moment, many states continue to see significant gaps between the premiums of men and women without any indication that the insurers intend to shrink them. The report will become available…
Read MoreNew guidelines concerning federal Insurance Verification law published by federal agencies
The Department of Labor, Department of Health and Human Services, and the Internal Revenue Service have released new guidelines for the federal “Insurance Verification” law that will be enacted in September of this year. The law, often referred to as “One Nation, One Verification,” aims to make verifying health insurance less problematic. The law exists to augment to Affordable Care Act. The federal health is meant to make attaining insurance coverage easier for Americans, but this ease of access could create administrative nightmares as consumers purchase policies that will allow…
Read MoreColon Cancer Awareness Month reminds individuals to obtain supplemental insurance quotes
The month of March, Colon Cancer Awareness Month… is more than halfway over, but the American Cancer Society and other organizations are still urging everyone to take a moment to find out more about this disease, to practice proper early detection screening habits, and to make a donation to help improve research and care. It is also a good time to have a look at your coverage and decide whether or not you would benefit from supplemental cancer insurance. Many are choosing to do so before the end of the…
Read MoreBallot initiative faces opposition from California insurance companies and doctors’ group
The California Medical Association (CMA), a health insurance organizations coalition, the California Hospital Association (CHA), and other groups have announced their intentions to work together to oppose a ballot measure that is meant to create California insurance regulation for rate increase on health plans and policies. According to the CMA president-elect, Paul Phinney, this ballot initiative doesn’t do anything to help control the causes of the cost increases in the healthcare system. He added that “I just think this initiative is the wrong idea.” Ballot measure advocates have said that…
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