Washington’s Insurance Commissioner, Mike Kreidler, has released a new report showing the large gap between state residents who have health insurance and those that do not. According to the report, the number of people without health insurance will reach 1 million by the end of this year. Between the periods of 2008 and 2010, the number of those without insurance coverage rose by 180,000. Commissioner Kreidler attributes the problem to a stagnating economy and an aging population. The report notes that hospitals and health care professionals throughout the state are…
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Research shows decrease in number of children without health insurance
The economy has placed a growing number of children into homes below the poverty line, but a recent study has shown that over the last three years, the number of children who are uninsured in terms of health coverage has actually dropped by 1 million. The study was performed by Georgetown University, which just released the results. Several states have widened and/or simplified their eligibility for the Medicaid program for children. That, alone, was responsible for providing 1 million uninsured children with coverage in 2008, decreasing the number from 6.9…
Read MoreCan drivers use their vehicles without auto coverage?
Many drivers wonder if it’s legal to use their cars without any insurance, and the answer is that it is possible to do so in many states, as long as those drivers also have a very large amount of cash. In Ohio, as long as you carry a form of proof of financial responsibility, you are legally allowed to drive without any car insurance. To do this, you must either make a deposit of at least $30,000 with the state treasurer, or you must purchase a bond worth at least…
Read MoreNew auto insurance law in Oklahoma set to impact the insurance industry
A new law regarding auto insurance is set to take effect November 1 in Oklahoma. Farmers Insurance, the state’s largest auto insurance company, has taken this opportunity to remind drivers of the law and how it will affect them. The law – Senate Bill 272 – will introduce new requirements for auto insurance and stricter penalties for drivers without insurance or those underinsured. Farmers notes that the law will likely benefit consumers as a whole, but may make changes to existing policies. The law will reduce the amount of money…
Read MoreAs people lose their health insurance, the number of emergency room visits skyrocket
New figures about hospital use have shown that there has been a sharp increase in the number of visits to emergency rooms, and that – according to physicians – the rising numbers are the result of an intensifying demand for improvements and services that would permit emergency departments to provide patients with faster treatment. Early estimates from the U.S. Centers for Disease Control and Prevention have shown that in 2009, the number of emergency room visits increased by nearly 10 percent, which was the most significant rise in visits since…
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