Tag: Tennessee insurance

Tennessee auto insurance verification system is on the way

Logan B.
Californian’s now have more choices in auto insurance

The state will be implementing a new system at the start of 2017 to comply with the Financial Responsibility Law. The state Department of Revenue is launching a Tennessee auto insurance verification system at the start of next year. Early 2017 will bring a new system with it to promote compliance with the Financial Responsibility Law in the state. The Department of Revenue is encouraging drivers to make certain that they will be compliant in 2017. The department is urging motorists to look into their Tennessee auto insurance coverage to…

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Health insurance premiums set to grow in Tennessee

Marc
America's health insurance plan

BlueCross Blue Shield intends to raise rates for 2017 coverage BlueCross BlueShield of Tennessee is preparing to request for additional rate hikes in the coming months. The company is the largest health insurance provider in the state and is looking to raise premiums in an effort to overcome financial losses. The insurer has estimated that it will have lost $150 million by providing insurance policies through exchange marketplaces. Exchanges were designed to make coverage more accessible, something which they managed to accomplish quite well. Insurers are fighting financial losses by…

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Tennessee health insurance enrollments have broken records

Julie Campbell
Tennessee Health Insurance

Many residents of the state are finding it easier and more convenient to enroll, regardless of their opinion of their plans. Residents of Tennessee have enrolled in the health insurance exchange in the state in record numbers, in order to comply with the requirements of the Affordable Care Act and in order to have done so by the first open enrollment deadline, which was on Tuesday. By December 5, there had already been 88,007 people in Tennessee who had signed up for health plans. Comparatively, by December 15, 2014 –…

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Tennessee health insurance co-op faces complaints from consumers

Marc
Tennessee Health Insurance

Tennessee consumers are having problems with the state’s health insurance co-op, Community Health Alliance Tennessee’s Community Health Alliance, a health insurance co-op operating in the state, has become the subject of complaints being issued to the Tennessee Department of Commerce and Insurance. Now, the state agency is looking to hear from more people that may have had problems with the co-op in an effort to determine how outstanding problems can be resolved. At the end of the year, the co-op is expected to shut down, which will leave some 27,000…

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Insurance companies may soon have rates negotiated with doctors

Julie Campbell
doctor health insurance companies healthcare workers

If a new bill passes in Tennessee, it will mean that health care providers will play a role in rates negotiations. A new bill is currently under consideration by the Tennessee state legislature, which would alter the way insurance companies currently calculate the rates that are charged through doctors’ offices. The Healthcare Providers Stability Act will be the first of its kind for any state in the country. The current issue that the bill would change is that at the moment, insurance companies have the ability to change the rates…

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