It took 2 days to reach the Colorado health insurance cap for undocumented residents

Colorado Health insurance - File folders, medical, Colorado flag

According to experts, the program is now seeing greater demand than ever before. The Colorado health insurance program OmniSalud has opened coverage to low-income undocumented residents of the state as well as DACA recipients. The program offers coverage at affordable rates while providing additional financial assistance. That said, the Colorado health insurance program has a cap. This year, it took only two days for the 11,000 available plans to be filled. “What we know is that the vast majority of folks are living here without documentation are really struggling to…

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Employees want pet insurance from the benefits offered by their employers

Pet insurance - woman on computer with dog

Medical coverage for animals has become super trendy, particularly since the pandemic. Employers seeking to be competitive when seeking the best employees to join their teams are increasingly turning to pet insurance as an additional part of worker benefits, due to the massive draw it has developed. Employees want more options from their benefits, and caring for their furry family members has weight. For even greater value to many employees, pet insurance coverage extends not only to cats and dogs, but also other types of animals, such as birds (even…

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Errors caused many low-income kids to be dropped from Medicaid health insurance

Health insurance - Kids, family, medical

Over 2 million children lost their coverage this year, but experts say that often, it was due to errors. At least two million kids from low-income families lost their Medicaid health insurance coverage this year as the federal policy from the pandemic era came to a close. This, according to new research analyses conducted by the KFF and the Georgetown Center for Children and Families. It is likely that the figure is notably higher, according to experts, as the shift occurred very quickly. According to a New York Times report,…

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Health insurance could soon cover weight loss drug Wegovy

Health Insurance - Pills wrapped in measuring tape

Novo Nordisk announced that the highly popular drug could have expanded FDA approval in six months. Novo Nordisk recently announced that its headline-making weight loss drug Wegovy could receive expanded US Food and Drug Administration (FDA) approval within six months, opening the door to much more readily available coverage by health insurance plans. The drug is already highly sought-after, but is not necessarily covered by most policies. Novo Nordisk’s chief financial officer Karsten Munk Knudsen said that the company’s application for approval of Wegovy as a cardiovascular disease reduction medication…

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Whose auto insurance is cheaper? State Farm or Allstate?

Car insurance - Allstate Vs State Farm Comparison

According to a recent comparison report, one insurer clearly comes out on top as more affordable. State Farm and Allstate are two of the largest auto insurance companies in the country, but just because they’re big national insurers, it doesn’t mean that there isn’t a difference in how much it will cost if they insure you. Each insurer has strong advantages associated with it, but one was found to have lower premiums. A comparison company called The Zebra recently conducted a deep dive into what the companies offer and how…

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USAA and Farmers homeowners insurance rates spike by almost 15 percent

Homeowners insurance - Rates rising

A new S&P Global Market Intelligence report showed that the insurers were charging much higher premiums. The United States Automobile Association (USAA) and Farmers Insurance Group have raised their homeowners insurance rates by an average of almost 15 percent in 2023, according to a recent report. That increase is notably higher than all other major insurers in the United States. According to the October 3 S&P Global Market Intelligence report, the average increase in homeowners insurance rates across the country up to August was 8.8 percent. That said, through to…

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CSE becomes sixth insurance company to stop selling in California

Insurance company - Another company Says goodbye to home and auto insurance in California

Officials in the state have said that this particular phase-out has been planned for a long time. CSE Insurance Group has announced that it stopped writing home policies in California as of October 9, becoming the sixth insurance company in the state to make this move. The insurer simultaneously announced that it intended to cease auto policy renewals in California. This has added yet another insurance company to a growing list of insurers that have decided that they either want to stop doing business in the state or have chosen…

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