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Insurance News 01/2014



Millions Gaining Health Coverage Under Law
WASHINGTON — Millions of Americans will begin receiving health insurance coverage under the Affordable Care Act on Wednesday after years of contention and a rollout hobbled by delays and technical problems. The decisively new moment in the effort to ...

Obamacare, no-fault insurance reform, landlines and other top Michigan ...
Obamacare, no-fault insurance reform, landlines and other top Michigan ...

Insured, finally: Families put Obamacare to the real test
It took Joseph and Claudia Schulz nearly three months to sign up for insurance on the federal health exchange, but the Phoenix pair say the wait was worth it. Now they have insurance that allows them to pursue their own real estate business while ...

Federal Flood Insurance Program Drowning In Debt. Who Will Pay?
Millions of American property owners get flood insurance from the federal government, and a lot of them get a hefty discount. But over the past decade, the government has paid out huge amounts of money after floods, and the flood insurance program is ...

New Health Insurance Options, New Consumer Protections in the New Year
Today is a new day for the millions of Americans who finally have the security that comes from quality, affordable health coverage. And those who already have health insurance will have better, more reliable coverage than ever before. From now on ...

New Year Brings New Insurance Rules, Health Coverage
New rules from the Affordable Care Act go into effect Wednesday, and coverage starts for millions of Americans who signed up for health insurance on state and federal exchanges. Copyright © 2014 NPR. For personal, noncommercial use only. See Terms of ...

Post holidays a good time to update insurance records
If Santa was good to you and brought you a new flat-screen TV with surround sound or the diamond necklace of your dreams, be sure to let your insurance agent know. The Kansas Insurance Department is reminding people to start or update an inventory of ...

After 14 attempts, Franklinton man not sure if he has insurance
Franklinton, N.C. — The Affordable Care Act's major benefits began taking effect Wednesday, but some people say they still don't know what coverage they have. David Miller, of Franklinton, says he has applied, canceled and reapplied for health ...

Ruling on insurance, birth control pleases religious groups
Several area religious organizations and businesses appeared to be happier Wednesday after an order by Supreme Court Justice Sonia Sotomayor temporarily blocked a requirement that some religious-affiliated employers provide health insurance that ...

Top tips for using your new Obamacare health insurance
With Obamacare gearing up now in 2014, here are some suggestions that may help you transition to your new health insurance plan. With some luck, these tips may save you some headaches and bills in the future. BEFORE you try using your insurance, ...

Insurance costs to fall for many students
Thousands of low- and moderate-income college students are about to get a break on the cost of health insurance, thanks to new rules going into effect Friday to bring the state into compliance with the national health care law — as well as the ...

Michael Moore Bashes Obamacare for Being Pro-Insurance Industry
He notes that the Affordable Care Act has provided cheaper health insurance for those who needed it, like his friend Donna Smith, who has cancer and was bankrupted by previous health problems. But he says that the "fatal flaw" with the president's ...

Efforts to get young invincibles to sign up for health insurance ramp up-but ...
Efforts to get young invincibles to sign up for health insurance ramp up-but ...

ObamaCare's insurance cancellation problem isn't that big of a problem
bamaCare is finally here, as the first wave of new insurance policies under the Affordable Care Act kicked in January 1. And according to the White House, more than 2.1 million people have already signed up for private insurance through ObamaCare ...

Bad News for Obamacare: More Insurance Sends More Patients to Pricey ERs
The fundamental shortcoming of the American health-care system is that we spend more than other developed nations, yet are less healthy. One reason for this, policy analysts have long argued, is that so many of the nation's poor, lacking health ...

Midwest Mom Secures Insurance….Off Exchange, Due to Glitch
Wendt said she ran into numerous issues when trying to enroll for health care on the federal insurance exchange, running into a repeated issue on the site that said her children were not U.S. citizens and therefore ineligible for coverage under the ...

Health insurance cancellations, higher costs from Obamacare hitting some ...
Health insurance cancellations, higher costs from Obamacare hitting some ...

Bethel Island couple reeling from national flood insurance reforms
Mike Parsons and his wife Sandy Parsons stand on a large mound of dirt in their back yard near their home in Bethel Island, Calif., on Sunday, Dec. 8, 2013. Congress' attempt to reform FEMA's National Flood Insurance Program is having an enormous ...

Insurance expert says real challenge for ObamaCare will be signing up healthy ...
Insurance expert says real challenge for ObamaCare will be signing up healthy ...

Arson attack sparks talks of 'terrorism insurance'
The arson fire outside the Chinese Consulate may not have shocked residents in the area, but for those concerned about their safety of their home or business, terrorism insurance is available. Pete Moraga with the Insurance Information Network of ...

Wonkbook: Will your Obamacare insurance work when you go to the doctor?
"Consumers began test-driving insurance coverage under the federal health-care law Thursday, seeking care at pharmacies and clinics, and in some cases running into hiccups as their policies took effect...Insurers said Thursday they saw a few cases of ...

Study sees rise in ER use by newly insured
People newly enrolled in a health insurance program for the poor were more likely to seek emergency room treatment than people who remained uninsured, Boston-area researchers have found, providing the best evidence to date that the national Medicaid ...

'They had no idea if my insurance was active or not!'
(London Daily Mail) Hospital staff in Northern Virginia are turning away sick people on a frigid Thursday morning because they can't determine whether their Obamacare insurance plans are in effect. Patients in a close-in DC suburb who think they've ...

Money Pros: When it comes to life insurance, a term policy is often the best ...
Money Pros: When it comes to life insurance, a term policy is often the best ...

Under health reform, non-group insurance market will more than double
Most Americans with health insurance have some form of group coverage — through employer-sponsored plans, government programs such as Medicaid or Medicare, military programs such as TRICARE, or other group plans. But now that the Affordable ...

Unemployment insurance extension hangs in the balance
Next week, as early as Monday, Senate Democrats will move to vote on a three month extension for unemployment benefits for the 1.3 million people who lost them just after Christmas. But the chances of passage for the measure are “hanging in the balance ...

Insurance Company Bailout Could Be Next
"The attorneys general specifically criticize Obama's executive action that allowed insurance companies to keep offering health plans that had been cancelled for not meeting Obamacare's more rigorous standards." This is the old "if you like your doctor ...

10 Tips for Buying Insurance in 2014
2014 marks the biggest change in health insurance since Medicare. For the first time ever, health insurance is mandatory for most Americans under age 65. The biggest change is that those people with pre-existing medical conditions will now be able to ...

O'Malley to push emergency health insurance legislation
Maryland lawmakers are expected to pass legislation as soon as next week to assist the hundreds of people — or, possibly, thousands — who tried to sign up for health insurance through the state's new exchange program, encountered problems and were ...

Insurers seek 25 percent increase in NC homeowners insurance rates
Insurers are asking for another major increase in homeowners insurance rates across North Carolina – an average increase of 25.3 percent. The increases the industry is seeking vary by territory and are much higher for Triangle homeowners than they have ...

Obamacare: Hundreds of thousands of Californians finally get health insurance
The last time John Nunnemacher had health insurance was 15 years ago, when his employer paid for his coverage. Since then, the freelance graphic artist hasn't been able to afford a policy. Luckily, he didn't get seriously ill or have a bad accident ...

Homeowners could face insurance rate increase
The insurance commissioner already spoke out against the hike: "I am appalled that the insurance companies would request another increase just six months later," Insurance Commissioner Wayne Goodwin said in a statement. "I believe the insurance ...

Insurance could cover injured Lakers Kobe Bryant, Steve Nash
If a player misses 41 games in a season, medical insurance covers 80% of his missed time after that. Bryant and Nash sat out their 27th game Friday. Neither player is expected to return for several weeks, Nash because of recurring back soreness and ...

Obama: Extend unemployment insurance
(CNN) -- President Barack Obama on Saturday called for bipartisan legislation to extend unemployment insurance, an all-important benefit for the longtime out-of-work. "Just a few days after Christmas, more than 1 million of our fellow Americans lost a ...

Lawyer Pleads Guilty In "Operation Running Man" Insurance Scheme
A Bridgeport lawyer pleaded guilty Friday to charges that he orchestrated a large-scale insurance fraud scheme in which he and several health professionals recruited victims of minor traffic incidents, provided them unnecessary medical services and ...

Flood insurance law raises premiums and spreads uncertainty on the NC coast
Bob Menendez is leading a bipartisan push to slow the effects of a 2012 law aimed at stabilizing and updating the financially insolvent National Flood Insurance Program. The program takes in less than $4 billion in premiums each year but has a deficit ...

When dents in your credit hit your car insurance rates
You may or may not think it's fair that your credit history could play a key role in setting your auto-insurance premiums - a long-running debate in insurance regulation, though a battle that insurers so far appear to have won. Only a handful of states ...

Let's Make A Deal: Unemployment Insurance And Minimum Wage For Capital ...
Let's Make A Deal: Unemployment Insurance And Minimum Wage For Capital ...

Paul open to offset unemployment insurance
Schumer also chided Paul for his comments that unemployment benefits can be a disincentive for work, saying the recipients he knows are furiously chasing jobs, and that the insurance can be a lifeline for those out of work. “I think it's a little ...

Too Important to Fail? Big Insurance Will Look to Washington for Obamacare ...
Too Important to Fail? Big Insurance Will Look to Washington for Obamacare ...

Mitt Romney Blasts Obama For Telling People What Kind Of Insurance To Buy
WASHINGTON -- Former Republican presidential candidate Mitt Romney criticized Barack Obama on Sunday for the broken promise that Obama's landmark health care reform law would not cause anyone to lose their existing insurance policies. "Fox News ...

Covered California extends deadline to pay health insurance premiums to Jan. 15
Covered California announced the reprieve late Saturday, saying its 11 participating health insurance companies had agreed to the extension, which also assures those companies have time to mail invoices, and for consumers to have received their ...

Senate Democrats vow continued push to extend unemployment insurance
But Democrats, who clearly see unemployment insurance – and income inequality in general – as a political winner this election year, say the issue will remain at the forefront, regardless. “The rich are getting richer, the poor are getting poorer, and ...

Stop the bailout — now
18, the chairman of the Council of Economic Advisers was asked what was the Obama administration's Plan B if, because of adverse selection (enrolling too few young and healthies), the insurance companies face financial difficulty. Jason Furman wouldn't ...

2014 Insurance Checkup: How to Do It Yourself
In the following video, Dan Caplinger, The Motley Fool's director of investment planning, looks at how you can do your own checkup on your insurance coverage. Dan gives two matching rules that sum up what you should look for: make sure you have the ...

No cheap option on insurance exchange
Catastrophic health policies are intended to attract young consumers to the Obamacare health insurance exchanges by offering cheap coverage, but the plans offered in Cook County and 12 other counties in Illinois don't charge the lowest premiums, ...

The GOP claim that more Americans have lost insurance than gained it under ...
The GOP claim that more Americans have lost insurance than gained it under ...

Unemployment insurance extension lacks GOP support
A bipartisan plan to once again provide federal unemployment insurance for more than 1 million Americans appears to be falling short of the Republican support needed to clear a key procedural vote scheduled for Monday evening in the Senate. Payments ...

Guest Opinion: 10-step plan could end property insurance blues
State officials know that getting blamed for property insurance problems ranks right up there with tax hikes on the list of politically toxic issues. So it's tempting for lawmakers and regulators to avoid making the tougher reforms in an insurance ...

Obama: Extend Unemployment Insurance
President Barack Obama on Saturday called for bipartisan legislation to extend unemployment insurance, an all-important benefit for the longtime out-of-work. "Just a few days after Christmas, more than 1 million of our fellow Americans lost a vital ...