Live Insurance News

State Farm Insurance company loses Katrina fraud verdict from Supreme Court

December 9, 2016December 8, 2016 Logan B.

Two whistleblowers have had their victory upheld by the top court in the United States. This week, the Supreme Court upheld a ruling against State Farm Insurance firm. The insurer has been found guilty of defrauding the U.S. government following Hurricane Katrina. The top court upheld a jury verdict that said the insurance company fraudulently assessed damage from the 2005 storm. The Supreme Court’s ruling was a unanimous 8-0 to uphold the verdict from the lower court. The State Farm insurance company challenged the decision of a lower court. That…

Birth control insurance ruling will be laid down by the Supreme Court

November 9, 2015November 8, 2015 Julie Campbell

Health Companies and Contraceptives birth control insurance

This will settle a broad scale dispute occurring between the Obama administration and religious non-profits. On Friday, the Supreme Court agreed that it would settle the ongoing birth control insurance dispute occurring between the Obama administration and certain religious non-profits. This will surely place religious freedom and reproductive rights in the presidential campaign spotlight. The justices gave the nod to hearing a challenge against the Affordable Care Act which will be made by seven non-profit organizations. Each of those different groups claim to have religious objections to the requirements of…

CDC report highlights the expansion of health insurance coverage

August 14, 2015August 13, 2015 Nordstrom

Report shows that the uninsured rate throughout the US has fallen since the Affordable Care Act The Centers for Disease Control and Prevention (CDC) has released a new report that shows that the number of people without health insurance in the United States has declined significantly since the Affordable Care Act took effect. The federal law has expanded access to insurance coverage to millions of people, either through increased insurance programs such as Medicare, or through the introduction of insurance exchanges. The law may continue to reduce the number of…

Supreme Court ruling secures health insurance for 1.3 million people in Florida

July 22, 2015July 21, 2015 Marc

Ruling from the Supreme Court has ensured that many consumers get to keep their coverage The recent ruling from the Supreme Court on the King v. Burwell case will have a beneficial impact on those with health insurance coverage in Florida. Some 1.3 million consumers will be able to keep their insurance coverage, supported by subsidies, due to the ruling from the Supreme Court. The King v. Burwell case had caused concerns among many that received subsidized coverage, as it called into question whether or not the federal government can…

States to play larger role in health insurance exchanges

June 18, 2015June 17, 2015 Nordstrom

Pennsylvania, Delaware, and Arkansas will have more control over their exchanges Three states have been granted conditional approval from the federal government to play a larger role in the health insurance exchanges that they established through the Affordable Care Act. Arkansas, Delaware, and Pennsylvania will expand their role in their insurance exchanges beginning in 2016. Currently, the federal government operates the exchanges in these states. Some of the exchange’s functions are managed by the states themselves, but the majority of operations are handled by the federal government through HealthCare.gov and…

Arizona sees gains in health insurance

June 17, 2015June 16, 2015 Marc

Arizona’s uninsured population falls to 17.5% The number of people without health insurance coverage has fallen in Arizona. According to information from the Obama Administration, the state’s uninsured population fell from 20.4% in 2013 to 17.5% at the end of 2014. Federal officials are claiming that this is a victory for the Affordable Care Act, which has sought to make health insurance coverage more accessible to consumers throughout the country. According to Barack Obama, the healthcare reform plan has now been “woven into the fabric of America.” Affordable Care Act…

Mississippi has a contingency plan in case health insurance subsidies are struck down

June 17, 2015June 16, 2015 S.Vagus

State moves to secure health insurance coverage for residents pending Supreme Court ruling The majority of consumers in the United States receive subsidies from the federal government that helps cover the cost of health insurance coverage purchased through exchanges. These subsidies are being threatened, however, by a potential ruling from the Supreme Court. The issue involves whether or not it is legal for the federal government to provide subsidies through exchanges that it operates. Per the Affordable Care Act, these subsidies are primarily available through state-run exchanges. Mississippi has proposed…