Live Insurance News

What to Do If Your Birth Plan Doesn’t Work Out

July 23, 2022 Guest Author

There’s a lot to plan when you want a baby, including making the decision when to start trying to conceive at the start of the process, followed by everything from choosing names and color schemes for the nursery to where and how to give birth. For many women, giving birth is an empowering experience. Pregnancy, and then labor, push the body to its limits. As an experience women go through only a handful of times each (if at all), and with each pregnancy and birth being a unique experience, it…

Does your auto policy include bodily injury liability insurance?

July 13, 2022July 12, 2022 G. Turner

Bodily injury liability insurance - liability insurance form

Standard auto policies contain this coverage in all but two states, but many consumers aren’t aware of it. Bodily injury liability insurance is a specific type of coverage within an auto policy that covers the medical expenses of others if the policyholder is found to be at fault in a crash. This coverage also provides coverage for additional costs such as legal fees in case of a lawsuit. The bodily injury liability insurance coverage of an auto policy is what covers the loss of income suffered by an injured person…

Americans’ third biggest living expense is health insurance

July 11, 2022July 8, 2022 Marc

Premiums have risen to the point that they require 10.69 percent of an average annual salary. Health insurance premiums comprise a large amount of the average annual income of Americans and consumers are being forced to weigh their priority with other essential expenses, say the results of a new NiceRx study. The premiums paid represent about one dollar out of every ten the average American earns. To arrive at its results, the researchers from NiceRx used data from the Bureau of Economic Analysis, Value Penguin, World Population Review, and Patriot…

New York health insurance rates could rise by double digits

July 4, 2022July 1, 2022 Marc

Health insurance Coverage Rates - New York

Both consumers and small businesses alike are expected to see the rise in monthly premiums. New York health insurance companies are currently filing for rate hikes to be applied in 2023 on their small group plans and for individual consumers. Insurers are seeking to hike rates as much as 46 percent on plans covering companies with under 100 employees. New York health insurance companies have also asked for increases as high as 35 percent for customers who aren’t a part of groups with plans, but who will be buying their…

California health insurance to be made available for undocumented immigrants

June 30, 2022 Nordstrom

California Health Insurance - Sign and form

The coverage will be offered to the millions of people in the state who spend and pay taxes there. Governor Gavin Newsom has announced that California health insurance will be offered to all undocumented immigrants throughout the state. This will make the state the first in the country to make the plans available to all undocumented immigrants. “This is a victory for the millions of undocumented Californians who contribute $3.7 billion in state and local taxes and over $40 billion in spending power to our economy ever year,” said State…

Health insurance expansion headed to Oregon and Kentucky

May 5, 2022May 5, 2022 Nordstrom

The states have dug into a little-used Affordable Care Act policy to help close coverage gap. Kentucky and Oregon have grabbed hold of a little-used Affordable Care Act provision that will make it possible to create a health insurance plan for people with household incomes too high to qualify for the Medicaid programs in their states. The Obama-era policy makes it possible to create the new plan with the support of federal funds. Oregon and Kentucky are hoping that the introduction of these new health insurance plans through the application…

New States Add Medicare Supplement Birthday Rules

April 26, 2022 Jesse Slome

Insurance agents competing to sell Medicare Supplement insurance in five states can now capitalize on rules benefiting Medicare beneficiaries. According to the American Association for Medicare Supplement Insurance (AAMSI), the five states include California, Illinois, Oregon, Nevada and Idaho. “Medicare insurance agents now face a daunting task of competing with the millions of dollars being spent on television ads featuring celebrity spokespeople,” explains Jesse Slome, director of the American Association for Medicare Supplement Insurance. “Survival of the independent Medicare insurance agent will depend on the ability to take advantage of…