Live Insurance News

Montana earthquake insurance policyholders are few and far between

July 10, 2017July 7, 2017 H. Cutner

Residents of the state are cleaning up after having experienced a 5.8-magnatude quake last week. Montana earthquake insurance has been a subject of discussion for the first time in a very long time as residents pick up after last week’s quake. Homeowners and business owners find themselves looking into their policies to see what type of damage is and is not covered when the ground rocks. In a state where earthquakes – particularly strong ones – rarely happen, insurance companies are getting inquiries. Agents say that they are receiving inquiries…

Montana residents save $1.5 million by shopping around for health insurance policies

November 12, 2015November 11, 2015 Logan B.

health insurance plans healthcare reform affordable care act

HHS report shows that consumers are saving money by shopping around for coverage Many residents of Montana have saved money by shopping around for health insurance coverage, according to a new report from the Department of Health and Human Services. The federal agency recently urged consumers throughout the country to shop around for coverage. The agency suggested that many consumers may be paying too much for their insurance coverage, largely because they are unwilling to shop around and consider new options. In Montana, many consumers took this urging to heart,…

Health insurance rates set to rise in Montana

October 19, 2015October 18, 2015 S.Vagus

Trumpcare health insurance investigation

Insurance premiums for Montana residents expected to rise as much as 34% for 2016 coverage Montana residents can expect to see their health insurance premiums rise in 2016. Insurance Commissioner Monica Lindeen has announced that rates will increase between 22% and 34% in 2016, affecting as many as 41,000 people living in the state. The rate increases will not affect those that receive employer-sponsored health insurance coverage or those that receive coverage through HealthCare.gov and receive federal subsidies for these policies. Those in the private market, however, may experiencing a…

Montana is working to expand its health insurance program

October 8, 2015October 7, 2015 S.Vagus

Montana opens public comment period for Medicaid expansion Federal officials are taking public comment in Montana concerning the expansion of Medicaid coverage. The state is currently working on expanding Medicaid coverage to some 70,000 low-income residents. The comment period is set to run through October 15, according to the Centers for Medicare and Medicaid Services. Expanding the state’s health insurance program has been a hard battle, as state lawmakers have resisted expanding the program due such an action’s association with the Affordable Care Act. State has already outlined plans to…

Native Americans may lack access to health insurance in Montana

April 29, 2015April 27, 2015 S.Vagus

Report highlights the disparity in insurance access among Native communities A new report from the Alliance for a Just Society, Indian People’s Action, and the Montana Organizing Project suggests that Native Americans may not have as much access to Montana’s health insurance exchange as they should. Approximately 6.5% of Montana’s population is comprised of Native Americans, with an estimated 1.7% of enrollees in the state’s health insurance exchange falling into this demographic. The report highlights barriers that exist in the state that may be preventing Native Americans from receiving medical…

Health insurance navigators are coming back to Montana

September 25, 2014September 23, 2014 Logan B.

Federal government issues funding for insurance navigators once again The federal government will again provide funding for health insurance navigators that will help people enroll for insurance coverage through state exchanges. In Montana, funding will be provided for navigators that will highlight subsidized insurance coverage. The federal government is offering to offset the cost of insurance coverage through subsidies in order to ensure that a greater number of people have access to insurance policies they need. This year, the navigators will also have a focus on Native American consumers living…

New legislation could impact health insurance in Kansas

March 4, 2014March 1, 2014 Logan B.

Legislation seeks to place federal funding under the control of the state Legislature and governor New legislation is being considered in the Kansas Legislature and it may create some problems for people seeking financial aid for their health insurance coverage. The legislation aims to place all funding provided by the federal government for health care services under the control of the state’s lawmakers and governor. Insurance Commissioner Sandy Praeger has warned Kansas residents that the legislation could make it much more difficult for them to receive the federal financial aid…