Few changes have been made in the program despite rising risks associated with global warming. Risk has always been a part of farming, particularly due to its dependence on the weather in any given season or year, and crop insurance has become a key part of the survival of many farms across the United States. That said, risks associated with weather have been changing, but the program has altered very little. The massive federal crop insurance program has helped farmers to ensure their businesses survive in times of flooding, drought,…
Read MoreAuthor: Logan B.
Record numbers of Texas residents enrolled in ACA health insurance plans this year
The state’s total enrollment numbers were recently released, with over 1 in 9 Texans covered. The 2024 open enrollment period came with a record number of Texan sign-ups for health insurance plans through the Affordable Care Act (ACA). The data was released by the federal government as the state uses the federal HealthCare.gov marketplace. Over 1 in every 9 residents of the state are now covered by health insurance plans sold through the ACA in 2024. This is a notable record, as it was set in the state with the…
Read MoreConsumers that missed the health insurance open enrollment have options
There are definite financial risks from missing open enrollment, but all is not lost. The 2024 open enrollment periods for Affordable Care Act health insurance markets have now passed, and many consumers are now wondering what happens if they wanted coverage but didn’t obtain it in time. Understanding options begins with knowing what the open enrollment period is all about. The open enrollment period for buying health insurance allows people to purchase their coverage for the next twelve months. Many people already have coverage through work benefits and don’t need…
Read MoreAllstate Insurance Record High: Implications for Investors and Industry
A Titan in the Field of Insurance – Record 52-Week High Share Price Allstate Insurance (NYSE:ALL) is not just a company, but a titan in the field of insurance. With a stronghold in the United States and Canada, it specializes in property and casualty insurance products, safeguarding your valuables against unforeseen circumstances. On Tuesday, Allstate’s share price hit a record 52-week high, escalating to $156.79. This leap mirrors the robust performance and confidence that investors have in Allstate. The proof lies in its impressive market cap of $40.65 billion. This…
Read MoreNew Jersey governor signs health insurance legislation expanding coverage
Governor Murphy signed A5235/S3627 to expand coverage to include infertility services. New Jersey Governor Phil Murphy recently signed A5235/S3627 to expand requirements for health insurance coverage in the state to include infertility services. The legislation requires that many plans provide benefits relating to pregnancy healthcare services. The health insurance coverage requirements apply to certain private sector health insurance companies, including those under state regulation. They must now provide group plans with more than 50 people with pregnancy-related benefits. This also applies to plans in the School Employees’ Health Benefits Program…
Read MoreUS sets health insurance enrollment record for Affordable Care Act plans
This year’s open enrollment period has already broken previous records for the number of enrollments. So far, over 20 million consumers across the United States have enrolled in health insurance plans through Affordable Care Act (ACA) marketplaces this year. This represents the highest number of enrollments since the law went into effect back in 2010. New data was released on Wednesday announcing that the health insurance plan enrollments for 2024 had already broken the record, even with another week left in which to enroll in a plan for the year.…
Read MoreAll undocumented immigrants in California offered health insurance
This makes California the first state in the country to implement such a regulation. California has become the first state in the country to offer health insurance to all undocumented immigrants. The coverage is available as of January 1 and represents a first anywhere in the country. Beginning this year, all undocumented immigrants in California will be able to qualify for Medi-Cal, which is the state’s version of the health insurance. This is true regardless of the age of the individual. Until last year, undocumented immigrants could not qualify to…
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