kansas insurance department Archives

Health insurance scam uncovered in Kansas

November 20, 2015November 18, 2015 S.Vagus

Insurance enrollment scam has been discovered operating in the state A health insurance enrollment scam has been uncovered in Kansas. After receiving several complaints from consumers, the Kansas Association for the Medically Underserved has discovered the scam. Consumers have been reporting that an “aggressive marketer” claiming to represent the National Health Enrollment Center has been calling, attempting to encourage people to enroll through a system not affiliated with the state’s health insurance exchange. The culprit also claims to sell insurance coverage directly, allowing consumers to avoid the exchange marketplace. Complaints…

Long-term care insurance premiums to see massive increase in Kansas

September 23, 2015September 22, 2015 S.Vagus

State residents will see a major increase in their long-term care insurance premiums Kansas residents that have purchased long-term care insurance will be hit by significant rate increases in the near future. Policyholders have been reporting that they have been notified that they will see rate increases as high as 60%. The Kansas Insurance Department has confirmed that this is, indeed, the case, as regulators have approved significant rate increases coming from insurers. For many consumers, this may become a major financial burden that may mean they would lose their…

Health insurance rates to spike in Kansas

August 26, 2015August 26, 2015 Logan B.

State regulators approve health insurance rate increases Health insurance rates are expected to go up in Kansas next year. The Kansas Insurance Department has approved rate increases for individual coverage after having received proposals from many companies operating in the state. Rate increases are expected to affect those seeking coverage through the state’s insurance exchange as well as directly from insurers. For some, the premium hikes may present more financial strain, as state regulators have approved significant increases. Premiums expected to rise by an average of 25.4% Initially, some insurers…

Health insurance rates to spike in Kansas

June 11, 2015June 10, 2015 Logan B.

Kansas tax plan will lead to an increase in health insurance premiums for those with HMO plans A new tax plan could increase health insurance premiums in Kansas. The state’s Senate passed the $470 million tax plan over the weekend, which will create a $47 million tax increase on managed-care organizations. The tax increase represents a 3.31% rate increase on health insurance companies that offer HMO plans. The increased rate on insurers will likely translate into higher premiums for policyholders as these companies seek to recover losses and mitigate the…

Health insurance rates to rise in Kansas

May 28, 2015May 27, 2015 Logan B.

State agency announces that health insurance premiums will grow Health insurance premiums may be on the rise in Kansas. According to the Kansas Insurance Department, premiums for coverage in the private market, as well as for policies sold through the state’s insurance exchange, will increase in 2016. Several insurers have proposed rate increases, though a small number of these companies have actually planned to lower rates next year. Increasing rates could make it more difficult for consumers to afford their health insurance coverage. Insurers raising rates by 10% or more…

Kansas Insurance Department struggles with financial woes

February 6, 2014February 3, 2014 S.Vagus

State agency faces a troublesome financial issue that could cause regulatory problems The Kansas Insurance Department has encountered a serious financial problem. A trend in which state legislators would waive the fees that insurance companies must pay the Insurance Department has left the agency’s regulatory fund empty. Now, the agency is seeking approval from the Kansas Legislature to increase the fees that insurers must pay to operate in the state. Senate Bill 322 has been introduced in order to provide the agency with the power to increase these fees when…

Two new Kansas car insurance bills become law

May 19, 2011 Marc

Two new bills have been signed into law in Kansas that will make changes to the state’s auto insurance regulations. The first imposes a strict limit of the recovery rights of uninsured motorists. The second prohibits cities from levying charges against drivers and their insurers for any emergency response services required after an accident. The bills were signed into law by Governor Sam Brownback, a supporter who believes they will benefit both insurers and residents. The first law, passed late last week, is referred to as “no pay, no play”…