WA Cares Survives: A Victory for Public Long-Term Care Insurance in the US

Long-Term Care Insurance in the US

Washington State Upholds Innovative Long-Term Care Insurance Program In a decisive move, voters in Washington State have chosen to uphold the state’s pioneering long-term care insurance program, WA Cares. This decision comes after the rejection of Measure 2124, a ballot initiative aimed at dismantling the program. WA Cares stands as the first of its kind in the United States, offering residents up to $36,500 in long-term care benefits, with adjustments for inflation. The program is funded through a payroll tax surcharge of 0.58 percent, impacting all workers in the state.…

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Minnesota auto insurance company to refund $315,000 to over 1,600 drivers

Minnesota auto insurance company rates

Farmers Insurance Exchange has been accused of unfair pricing practices and is reimbursing affected policyholders. Minnesota auto insurance company, Farmers Insurance Exchange, is responding to accusations of unfair pricing practices with a refund to more than 1,600 drivers in the state. The policyholders affected by the pricing practices in question will be receiving a portion of a $315,000 total amount. The insurer is providing the refunds in response to an investigation into the way it was setting its rates. The Minnesota auto insurance provider underwent a pricing practice examination. The…

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New auto insurance legislation may undermine the insurance industry in Minnesota

auto insurance ridesharing

American Insurance Association opposes new legislation proposed in Minnesota New legislation in Minnesota may change the way auto insurance is regulated in the state and it has received opposition from the American Insurance Association (AIA). AIA Midwest region vice president Steve Schneider has provided testimony to the Minnesota State Senate Commerce Committee, highlighting the fact that the AIA is opposed to the legislation taking hold. The organization has expressed concern that the legislation would completely rework state law without taking into account how this would affect the solvency of the…

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Older consumers in Minnesota claim to have been scammed by state’s health insurance exchange

Minnesota Health Insurance Trump Administration Lawsuit

Consumers worry that they have turned over assets unintentionally Some residents of Minnesota claim to have been scammed through the state’s health insurance exchange. The consumers are all either 55 or older and claim that they have been tricked into turning over assets while signing up for the coverage that they need. Consumers have been using the state’s insurance exchange, called MNSURE, to find policies, but some have reported problems when enrolling in the exchange system. The group of consumers claiming they have been scammed may face significant financial pressure…

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Minnesota extends health insurance to some 64,000 people

Minnesota Health Insurance Trump Administration Lawsuit

Many had been set to lose their insurance coverage in 2016, but state officials ensure they will have the policies they need An estimated 64,000 people in with public health insurance coverage in Minnesota were set to lose their coverage in 2016, but the state has decided to extend this coverage into the future. This will ensure that these people have the insurance coverage that they need, allowing them to avoid a federal fine that will be issued to those without active health insurance policies. The 64,000 people that were…

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Auto insurance laws in Minnesota change for 2016

car auto insurance

Drivers should be aware of the new requirements and make sure to have their proof of coverage handy. For anyone in Minnesota who is getting set to purchase a new car, is purchasing a new auto insurance policy or who is renewing a policy will need to be ready to comply with the new laws. Part of those new regulations involve having to provide proof of insurance information at certain times. For instance, for residents of the state who are looking to renew their license tabs on an existing vehicle,…

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Health insurance enrollment deadline extended in Minnesota

Minnesota Health Insurance

Minnesota residents will have more time to enroll for insurance coverage Residents of Minnesota now have more time to ensure that their health insurance policies will be active at the beginning of 2016. The state’s insurance exchange, called MNsure, has managed to make health insurance coverage more accessible to thousands of consumers throughout the state. The open enrollment period will run until the end of January, 2016, but consumers must have active insurance on January 1 or they will face fines from the federal government. Consumers can enroll for coverage…

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