Health insurance provider Blue Cross Blue Shield may face fines in North Carolina

Blue Cross Blue Shield health insurance

North Carolina Department of Insurance may issue fines against Blue Cross Blue Shield Blue Cross Blue Shield may be facing significant fines in North Carolina due to “unprecedented administrative failures,” according to the state’s Insurance Commissioner, Wayne Goodwin. The Commissioner intends to levy the maximum permissible fines against the health insurance provider as the insurers goes into its third month of enrollment and billing issues. The North Carolina Department of Insurance claims that it has received more than 8,700 calls and 1,900 formal complaints concerning Blue Cross Blue Shield this…

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More North Carolina businesses are offering health insurance coverage

Releigh, Capital of North Carolina homeowners insurance rates

Employer-sponsored coverage is becoming more common, but only slightly More businesses in North Carolina have begun to offer their employees health insurance coverage, but this has only increased by a slight degree since 2010. In North Carolina, nearly half of all consumers below the age of 65 currently receive employer-sponsored insurance coverage. Since 2010, this has risen by less than 1%, while other states have seen a greater increase in employer-sponsored health insurance coverage. A new report from the Department of Health and Human Services has highlighted this issue. Number…

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Consumers may need to shop around to find the best deal on their health insurance coverage

Releigh, Capital of North Carolina homeowners insurance rates

Insurance premiums are growing and consumers may be paying too much if they stick with their current policies With health insurance exchanges now open for business throughout the United States, consumers are being urged to shop around for the insurance coverage that they need. Insurers offering policies through exchanges will be increasing premiums for 2016 coverage. Some will be doing so by a significant margin, while others will be raising premiums by a modest degree. In order to find the best coverage at affordable rates, Sylvia Burwell, secretary of the…

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Moped insurance mandate in North Carolina gets Senate panel support

moped insurance

Lawmakers in the state have now required that riders start to register their vehicles in July. A Senate panel in North Carolina has now laid down the requirement that will bring the state one step closer to mandated moped insurance as riders of the devices will need to register their vehicles as of next year. These small engine bicycles will soon be included among the vehicles that will require insurance. Last week, a Senate committee agreed with a House bill that said that a moped insurance requirement would also go…

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North Carolina legislation could reduce auto insurance premiums

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House committee approves legislation to provide restricted licenses to undocumented residents A legislation approved by a North Carolina House Finance Committee could make auto insurance premiums lower for drivers in the state. The legislation would grant limited driving privileges to undocumented immigrants. These people would be required to have auto insurance coverage, as mandated by the federal government and state law, and the influx of new consumers could be good news for other drivers in the state. Insurance rates could go down by a modest degree because of the new…

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