Live Insurance News

Insurance fraud uncovered in Utah substance-abuse clinics

October 28, 2015October 26, 2015 S.Vagus

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Investigator uncovers troubling insurance fraud problem in the state Insurance fraud has become a major problem in Utah, with substance-abuse treatment centers finding financial success through fraudulent billings. Randy Mauer, an investigator for Cambia Health Solutions, spoke with state lawmakers concerning the issue, suggesting that these treatment clinics are bringing in tens of millions of dollars due to their fraudulent practices. The issue may be quite severe, which could have serious implications for the state’s health insurance market. Fraud seems to be targeting insurers owned by Cambia Health Solutions Investigations…

Number of people without health insurance continues to fall in Utah

October 15, 2014October 13, 2014 Nordstrom

Utah’s uninsured population continues to dwindle thanks to new options and a recovering economy The number of uninsured people in Utah is falling. An improving economic climate and the growing availability of health insurance options means that more people are finding ways to obtain the coverage that they need. The Utah Department of Health has released a report that marks the decline of the uninsured population. Over the past year, more people have purchased or received insurance coverage from the state’s new exchange or from its expanded Medicaid program. Nearly…

Teens may be driving up auto insurance rates

July 23, 2014December 17, 2020 S.Vagus

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Rates for teen drivers are on the rise in Utah and other states Teen drivers may be pushing auto insurance costs higher in Utah and other states. A new survey from insuranceQuotes.com shows that the average premium for auto coverage has increased by 89% throughout the state. Utah is now home to the 15th highest auto insurance rates in the country, and teenagers may be responsible for this. Teens have long been a major risk for insurance companies, largely due to conceptions regarding their recklessness and lack of driving experience.…

Health insurance co-op takes for in Utah

March 28, 2013March 27, 2013 Logan B.

Utah’s first health insurance co-op opens its doors Utah’s health insurance market is expected to become more competitive as the state’s first health insurance co-op takes form. Arches Health Plan has won approval from Utah regulators and lawmakers and has opened its doors in the state. The non-profit health insurance group is designed as a consumer-driven business, offering consumers the coverage they need at affordable prices. The health insurance co-op will begin open enrollment in October 1 of this year, with policies becoming active on January 1, 2014. Health insurance…

Usage-based auto insurance comes to Utah

February 22, 2013April 30, 2013

Allstate introduces new auto insurance program in Utah Auto insurance is taking a new turn in Utah. Drivers throughout the state will now have an opportunity to save money on their auto insurance coverage, thatnks to Allstate’s DriveWise program. The program is designed to gather information concerning a person’s driving habits and use this information to price coverage. This information is gathered through a simple device that can be installed beneath a vehicle’s steering wheel. Alternatively, On-Star using can also take advantage of the program without having to install an…

Health insurance exchange plans in Utah withdrawn

February 12, 2013February 11, 2013 Marc

Utah pulls back on plans for health insurance exchange The Utah government has decided to back away from its plans concerning a health insurance exchange. Late last year, the state announced that it would work to make its existing health insurance exchange, called Avenue H, compliant with federal standards outlined in the Affordable Care Act. Avenue H is seven years old and has been offering health insurance policies to consumers throughout the state. The initiatives to make the health insurance exchange compliant with federal standards has been withdrawn by Governor…

Utah health insurance exchange gaining ground

December 27, 2012December 27, 2012 S.Vagus

Utah health insurance exchange finds strong support and concern As health insurance reform continues to take hold throughout the country, several states have announced plans to build their own health insurance exchanges. Utah is one of these states. The Utah health insurance exchange will be built and operated by the state itself, rather than the federal government. Plans for this ambitious project were introduced earlier this month by Governor Gary Herbert, but Utah has since become inundated with complaints and concerns coming from consumers who are worried about what the…