Tag: united states

President Obama proposes cuts to crop insurance

S.Vagus
us crop insurance program

2017 budget plan aims to cut $18 billion in funding for the Department of Agriculture President Barack Obama has proposed a budget plan for 2017 that could have a major impact on farmers throughout the country. These farmers rely on crop insurance to protect them from the financial implications of natural disasters and underproduction, but this form of coverage has become a financial burden on the country. Obama has proposed to cut some $18 billion in funding for crop coverage offered through the Department of Agriculture over the next 10…

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New legislation in Arizona seeks to secure health insurance for children

S.Vagus
Children’s Health Insurance Program kids

Legislation revitalizing the KidsCare program has received approval from state representatives Children in Arizona may soon have access to the health insurance coverage they need thanks to new legislation. The legislation has been approved by the state’s House of Representatives and aims to revitalize a program known as KidsCare. The program is designed to provide coverage for children in families with incomes from 138% to 200% below the federal poverty level. The legislation revitalizing the program still has some legislative hurdles to overcome, but it has gathered strong support from…

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Health insurance deductibles are on the rise in the United States

Logan B.
cash money subsidy health insurance deductibles

Consumers are facing higher deductibles for their health care plans More people than ever before have been able to acquire health insurance coverage, particularly through exchange marketplaces, but they are beginning to encounter a problem they may not have expected: Growing deductibles. Deductibles for employer-sponsored coverage have grown by 67% since 2010, according to the Kaiser Family Foundation. HealthPocket, a health plan comparison site, shows that the average deductible for the least expensive coverage available through exchanges stands at $5,700 for 2016. Deductibles are higher for policies with low premiums…

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UK’s flood insurance program could face major risks in the future

S.Vagus
residential flood insurance news

Rise in house building may increase the risks of flood damage for some households The demand for housing is growing rapidly in London and this could lead to a surge in flood risks throughout the city. This could place the United Kingdom’s flood insurance program, called Flood Re, under a great deal of pressure, according to researchers from the University of Oxford. Researchers believe that the number of households eligible for Flood Re coverage will grow as much as 75% in the coming years. Flood Re program will launch in…

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12.7 million people enroll for health insurance coverage in the US

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online health insurance technology exchange

HHS reports that more people signed up for insurance coverage in 2016 than they did in 2015 The Department of Health and Human Services has released data showing that 12.7 million people throughout the United States have enrolled for health insurance coverage through exchanges for 2016 coverage. Enrollment numbers surged during the last hours of the open enrollment period as consumers scrambled to acquire the health insurance policies they need to avoid a federal penalty. The open enrollment period seems to have been a success, ensuring that more people than…

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