Residents of Washington D.C. won’t have as much competition on the marketplace, next year. People who live in Washington D.C. will be finding that when they look over their health insurance exchange, next year, to comparison shop for plans, they won’t have quite as many options as they saw this year. There will actually be only one carrier from which to choose, which will considerably change the playing field. Because of the plummeting competition over the insurance exchange in D.C., many of the residents who will be using it will…
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DC offers glimpse into health insurance prices through exchange
DC officials aim to provide more insight concerning health insurance exchange Washington D.C. is currently working to establish its own health insurance exchange. Though the District is not actually a state, it is still required by federal law to host a health insurance exchange, through which consumers can find a wealth of affordable coverage options. Exact details concerning the D.C. exchange are somewhat scarce as officials tend to only over some vague insight to the program and how it is being formed. This week, D.C. officials have offered a first…
Read MoreLife insurance industry seeks to dissuade tax reform
Life insurance representatives flock to DC to defend tax incentives Insurance executives and advisers, many of whom are represented by the National Association of Insurance and Financial Advisers, are flocking to Washington D.C. this week in order to warn federal lawmakers not to make changes to the preferential tax incentives that are offered to the life insurance industry. The life insurance sector in the U.S. has received these tax incentives, in one form or another, for the better part of a century, but financial concerns and the problematic performance of the…
Read MoreHurricane Irene Expected to Make Landfall in North Carolina before Tracking on to
BOSTON, Aug. 26, 2011 – According to catastrophe modeling firm AIR Worldwide, parts of the southeastern United States were already experiencing dangerous swells and rip tides yesterday as Hurricane Irene exited the Bahamas. Presently, ahead of Hurricane Irene’s forecasted arrival in North Carolina tomorrow, high waves and storm surge are beginning to impact the state’s Outer Banks. As of the National Hurricane Center’s (NHC) 11:00 am advisory, Irene-now a Category 2 storm (down from Category 3 status yesterday)-is 330 miles south-southwest of Cape Hatteras, North Carolina, tracking north at 14…
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