Live Insurance News

Texas insurance alternative offered by health sharing ministries

October 30, 2014October 28, 2014 H. Cutner

Open enrollment for next year’s coverage is less than a month away and now new options are arising. The Texas insurance market is now seeing a new and more active participant, now that the 2015 open enrollment is rapidly approaching, as the so-called health sharing ministries are seeking to bring in new members who would like to have coverage but either want an alternative to the traditional plan or cannot afford one. This is a critical time in which to market health insurance, as consumers prepare to make their 2015…

Insurance rates from Anthem too high, says California regulator

October 28, 2014October 25, 2014 Julie Campbell

Dave Jones California insurance commissioner insurance industry rates

Commissioner Dave Jones has stated that policyholders could have saved $33 million if the insurer lowered premiums. A recent statement from California Commissioner Dave Jones expressed that the 10 percent increase in insurance rates at Anthem Blue Cross for small businesses is excessive and that the result to its policyholders was a costly one. The Insurance Commissioner in the state made the announcement a month and a half before the Prop 45 vote. During the last stretch of time for the battle with regards to Proposition 45, Commissioner Jones criticized…

Health insurance for business customers to be sold at Sam’s Club

October 27, 2014October 25, 2014 G. Turner

At the same time that these shoppers are buying large sized containers of coffee, they may also shop for coverage. Small businesses are now beginning to make the decisions that are required of them in order to be able to comply with the Affordable Care Act, which states that employers must offer health insurance to their workers, and now Sam’s Club is going to enter into the market that sells this coverage. The Wal-Mart Stores wholesale retailer division has announced that it will start selling private plans. It will be…

Health insurance has become Walmart’s latest market

October 10, 2014October 7, 2014 G. Turner

The retail giant has made its next move to ensure that it will always have a finger in every pie. The largest retailer in the world has now announced that it has intentions to begin working with DirectHealth.com, an agency and internet health insurance comparison website, in order to give its customers the chance to compare various comparison options, and either enroll in plans in the public exchange as created under the Affordable Care Act, or enroll in Medicare plans. This is only the most recent step that Walmart has…

Cancer insurance is helping to plug some coverage holes

September 17, 2014September 15, 2014 G. Turner

This type of voluntary benefits is among a growing number of gap coverage being purchased by Americans. Employers and individuals, alike, are starting to look into a type of coverage product known as volunteer benefits – such as cancer insurance – which can help to fill the gaps present in some of the most popular health plans. These are rising in popularity as people start to see that a number of critical illnesses can still run up huge expenses. While cancer insurance is far from the only product in the…