Tag: Tennessee insurance

Insurance companies to receive tax refunds following Supreme Court decision

Julie Campbell
Tennessee workers compensation Insurance companies

The ruling was made following a unanimously in Tennessee and will grant over $16 million in refunds. The Tennessee Supreme Court has now unanimously ruled that the Department of Commerce and Insurance are required to provide five out of state groups of insurance companies with a tax refund of over $16 million. The state – like all others, aside from Hawaii – has taken on a retaliatory tax statute solely for the insurance industry. That statute has been created for the purpose of balancing tax burdens across state lines. It…

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Tennessee children’s health insurance program will be federally funded

Julie Campbell
Children’s Health Insurance Program kids

The state is about to save over $100 million over two years as the federal government picks up the tab. As the federal government takes over the majority of the bill for the children’s health care program in Tennessee, the state will now be able to save more than $100 million over a span of two years. The state has managed this by taking advantage of a provision of the Affordable Car Act that isn’t widely known. This windfall is certainly expected to be a helpful one, though temporary, as…

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Insurance claims in Tennessee rise following recent storms

Julie Campbell
storm weather power insurance claims

The state has been experiencing some fierce weather in certain areas, leading to thousands of dollars in damage. This summer has been quite the stormy one, so far, in parts of Tennessee, and along with that weather has come thousands of dollars in property damage which has, in turn, led to a spike in insurance claims. The state is now issuing recommendations for filing those claims, to help consumers and prevent fraud. As the state anticipates that a large number of consumers will be filing insurance claims with their providers…

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Health insurance initiative struck down in Tennessee

S.Vagus
Tennessee Health Insurance

Insure Tennessee fails to win the approval of a Senate committee Insure Tennessee, an initiative that would have expanded access to health insurance in Tennessee, has failed to meet approval of a Senate committee for the second time. The initiative was meant to expand the state’s Medicaid program, which would have brought insurance coverage to some 280,000 people living in the state. Insure Tennessee was the endeavor of Governor Bill Haslam, who has been seeking to expand Medicaid in the state for some time. Initiative was unable to gain legislative…

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Health insurance exchange in Tennessee could be blocked

Julie Campbell
Tennessee Health Insurance

Senator Brian Kelsey has proposed a bill that would stop the state from being able to launch its own marketplace. Tennessee Senator Brian Kelsey (R-Germantown), who played a central role in ending Governor Bill Haslam’s (R) Medicaid extension plan for 280,000 residents of the state within low incomes, is now setting his sights on 230,000 people who already have coverage under the federal health insurance exchange. The bill that Sen. Kelsey has proposed would block the state from forming its own online insurance marketplace. The state of Tennessee would not…

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