Live Insurance News

Health care reforms too expensive for California State students

February 7, 2014February 4, 2014 Julie Campbell

Uninsured students are claiming that they’d like to purchase the coverage but it costs too much. According to the results of a poll that were recently released, students from California State University would like to be able to sign up for coverage under the health care reforms, but they believe that it is too expensive. The survey showed that this is the primary reason that students there have avoided enrollment so far. The research involved the responses of 836 students from the university, among whom at least 80 percent said…

Insurance refund total of $2.75 million and a fine to be paid by insurer

December 6, 2013December 3, 2013 Julie Campbell

A company based in Virginia will be issuing the payments on top of a $1 million fine after being caught overcharging. An insurer based in Virginia will be sending out an insurance refund that totals $2.5 million on top of a fine that will cost almost $1 million in order to settle the claims that have been made that indicate that it had been overcharging students in New York. Estimates are that there were approximately 22,000 students from 37 New York colleges that were overcharged. The insurance refund and fine…

An overview of health insurance for young adults

October 19, 2013October 18, 2013 S.Vagus

An overview of federal law In the U.S., health insurance is undergoing major changes spurred by the Affordable Care Act. The federal law has introduced many new regulations designed to govern health care throughout the country and the law’s provisions will have a dramatic impact on the way health insurance works and how accessible it is, especially for young adults. While young people may be quite knowledgeable of certain things, especially if it has to do with pop culture, many people are confused about what the Affordable Care Act means…

Health insurance for college students may see new regulations

January 16, 2013April 30, 2013

Lawmakers are thinking about removing the mandatory coverage in New Jersey. Officials from the colleges in New Jersey have been pushing to eliminate the health insurance law in the state that requires students to have coverage as the combination of this regulation and the new healthcare reforms are causing the cost of the plans offered by the schools to head skywards. Lawmakers are taking these requests into consideration, but there is a careful balance to consider. They currently face the question of priority between the affordability of health insurance coverage…

Health insurance at four New York universities receive approval

August 22, 2012April 30, 2013

Cornell and Columbia Universities, NYU and University of Rochester have all received the nod. The University of Rochester, Columbia and Cornel Universities, and NYU, have all just announced that they have received approval to sell their own health insurance to students. This pilot program was first authorized by Governor Andrew Cuomo at the start of the month. The Governor gave his approval after it had passed through the Senate and the Assembly in the state earlier in 2012. Last year, similar legislation had been signed in Colorado, Utah, and Montana.…

Health care reforms have not eliminated the need for college medical plans

July 25, 2012July 25, 2012 S.Vagus

The key is to know when and how to use these policies. Though the summer is just beginning, college students are already making preparations so that they will be ready when the school year begins again, and many are wondering how the health care reforms will impact their need for medical coverage through their schools. Some students are wondering if the Affordable Care Act means they don’t need college plans anymore. The truth is that these medical policies sold through the colleges are just as important as they have ever…

The future of health exchanges and high risk pools may hang on the Supreme Court’s ruling

June 5, 2012June 5, 2012 Marc

News outlets have been reporting that if the health insurance law is overturned, massive programs it promised may end. Health insurance programs such as the state health exchanges and the pre-existing condition pools may find that their existence was short lived should the United States Supreme Court overturn the healthcare law that was put into place by the Obama administration in 2010. For example, the temporary PCIP government program may be the last of the protection for high risk individuals. That program was put into place in order to help…