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…
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Number of people without health insurance continues to fall in Utah
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…
Read MoreTeens may be driving up auto insurance rates
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.…
Read MoreHealth insurance co-op takes for in Utah
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…
Read MoreUsage-based auto insurance comes to Utah
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…
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