Live Insurance News

New health insurance campaign launched in Texas

November 13, 2014November 12, 2014 Logan B.

Campaign to promote insurance coverage has gone into effect The Texas Hospital Association has partnered with several civic and business organizations to launch a new campaign that seeks to provide 6 million people with health insurance coverage in Texas. These people do not have insurance coverage currently. The majority of these uninsured individuals cannot afford insurance policies, even those available through the state’s insurance exchange, and they do not qualify for coverage through the state’s Medicaid program. If successful, the campaign could provide some financial relief to the state’s health…

Texas insurance alternative offered by health sharing ministries

October 30, 2014October 28, 2014 H. Cutner

Open enrollment for next year’s coverage is less than a month away and now new options are arising. The Texas insurance market is now seeing a new and more active participant, now that the 2015 open enrollment is rapidly approaching, as the so-called health sharing ministries are seeking to bring in new members who would like to have coverage but either want an alternative to the traditional plan or cannot afford one. This is a critical time in which to market health insurance, as consumers prepare to make their 2015…

Homeowners insurance in Texas is getting more complicated

October 13, 2014October 11, 2014 S.Vagus

Lawmakers have exited a hearing regarding the Texas Windstorm Insurance Association with new insight Texas lawmakers have learned more about the current problems facing the Texas Windstorm Insurance Association (TWIA). The organization is often the last place where people can find homeowners insurance that provides coverage for certain natural disasters in the state. Like other state-backed insurance organizations, TWIA has had to deal with severe financial issues that have threatened its ability to effectively provide coverage to policyholders. Some of these issues have been resolved in recent years, but state…

Health insurance coverage will require many to confirm immigration status

August 29, 2014August 26, 2014 Julie Campbell

In Texas, alone, there are about 53,000 people who need to clarify their status in order to keep their policies. Over 300,000 across the United States have now been sent letters from the federal government that requires them to answer certain questions with regards to their immigration status in order to make certain that they are entitled to keep their health insurance under the Affordable Care Act. Only legal residents and citizens are allowed to purchase policies that qualify for subsidies on premiums. Among those who have received the letters,…

Homeowners insurance is more expensive in Texas

August 7, 2014August 4, 2014 H. Cutner

Drivers in the state are also paying higher rates for their auto policies. According to an analysis of the latest data from the Texas Department of Insurance, the cost of homeowners insurance and auto policies in the state – particularly in the northern parts – is high and is becoming more expensive, this year. The average rates for both of those types of coverage have increased by double digits for many residents. The analysis, which was conducted by The Dallas Morning News, involved a look at the rates being charged…