Live Insurance News

Health Care Reform: The Real Issue

November 9, 2013April 19, 2014 Guest Author

Everywhere someone is talking about Health Care Reform… politicians, consumer groups, and the media. Big insurance carriers have become a target and are disparaged repeatedly for continuing to raise premiums. While everyone focuses on health insurance reform, no one looks at what causes these sky high increases: the rising cost of health care. According to the Centers for Medicare and Medicaid Services, by 2019 health care spending will near $4.4 trillion. The California Health Care Foundation reported that health care spending is rising three times faster than inflation. Additionally, Medicare spending is…

Health insurance information unclear in Florida

September 16, 2013September 14, 2013 S.Vagus

Florida health insurance rates are hard to understand Florida residents may have to wait some time before they can get clear information concerning the rates of health insurance plans that will be sold through the state’s exchange system. The exchange is scheduled to begin open enrollment on October 1, but information concerning the costs that consumers will face through the exchange has been difficult to decipher. Analysts from the Kaiser Family Foundation states this week that the state has yet to provide information that can be clearly understood, which could…

Health insurance: A primer the Affordable Care Act

September 14, 2013April 19, 2014 Note From The Editor

Law brings major changes to US health insurance In the U.S., the health care sector is currently undergoing something of a revolution, and has been since 2010, when the Affordable Care Act was passed into law. The federal law has been a source of controversy since its passage, but this may be due to the misconceptions that often surround the legislation. While the Affordable Care Act does seek to make radical changes to health insurance, some of which may be difficult for many people and businesses to adapt to, some…

Study finds that health insurance rates are growing at a slow pace

August 26, 2013August 24, 2013 S.Vagus

Kaiser study highlights growth of health insurance premiums The Kaiser Family Foundation has released a new study concerning the growth of health insurance rates in the U.S. The study shows that rates are, in fact, on the rise, but that these rates are growing more slowly than had been predicted by several insurance companies and the U.S. Congressional Budget Office. The organization suggests that, despite its controversial nature, the Affordable Care Act is not leading to any significant increase in health insurance rates. Conversely, the organization notes that the federal…

Kaiser releases estimates for health insurance tax credits

August 20, 2013August 17, 2013 S.Vagus

Health insurance tax credits subject of new Kaiser analysis Next year in the U.S., all citizens aged 18 and above will be required to purchase and maintain health insurance coverage due to federal law. This is one of the most controversial aspects of the Affordable Care Act, but the federal government has been working to highlight the fact that the law allows for consumers to receive financial assistance from the government when purchasing insurance coverage. This week, the Kaiser Family Foundation has released information concerning the financial aid that people…

Minnesota looks to raise awareness for health insurance exchange

May 4, 2013May 2, 2013 Logan B.

States continue to face challenges with health insurance exchanges Several states throughout the U.S. have struggled with confusion concerning the Affordable Care Act. Many claim that the federal government has not provided enough guidance concerning how states are meant to comply with the law, especially with its provisions concerning health insurance exchanges. The Department of Health and Human Services, which oversees enacting the law, suggests that states are meant to determine the best way the law should be implemented for themselves, especially if they accept responsibility for building and operating…

Homeowners insurance costs eclipse mortgages in Florida

March 28, 2013April 30, 2013

Florida homeowners now paying more for insurance than for their homes One of the highest expenses facing Florida families has long been the mortgage on their homes. Mortgages in the state, just as elsewhere throughout the U.S., put a large amount of financial pressure on families. While mortgages have been the highest expense for many families in the state, these families are beginning to pay more for their homeowners insurance coverage, according to the Insurance Information Institute. The non-profit organization suggests that consumers are paying more for their homeowners, auto,…