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How to get your health insurance coverage on the go

Insurers are trying to move beyond the traditional “single-payer” system to include a hybrid system that includes the private sector.But it’s not clear what that system will look like.This story has been updated to include the comments of the Department of Health and Human Services.This is the second installment of a series about the insurance […]

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What industry is Insurance?

Insurers are the industry that are regulated by the government, which means they’re regulated by regulators.These regulators oversee insurance companies like the Federal Reserve, the Consumer Financial Protection Bureau (CFPB), the National Association of Insurance Commissioners (NAIC), the Department of Health and Human Services (HHS), and the Federal Communications Commission (FCC).Insurers can also set their […]

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How to protect yourself against COVID-19, what’s the latest from the Centers for Disease Control and Prevention (CDC)

What to know about the COVID coronavirus: What you need to know.The United States has been hit by a pandemic since the virus was first identified in the early 1990s.Since then, it has spread across the globe, killing at least 9,947 people.As of late Monday, the country had recorded an estimated 6.7 million cases, the […]

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What do you think about insurance companies suing over Obamacare?

A federal appeals court has ruled that the Affordable Care Act does not violate the U.S. Constitution’s ban on private businesses suing the government for a public purpose.The 3-2 decision by the 10th U.P.C. panel of the Supreme Court on Monday upheld a lower court ruling in a case brought by insurance companies against the […]

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How insurance companies make their money

Insurance companies make money by selling policies to their customers, a new study finds.The study by PricewaterhouseCoopers (PwC) found that insurers have been losing money since the financial crisis, with the average loss of about 1% a year.In 2017, insurers made losses of more than $5.5bn.However, they have made more than twice as much since […]

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Insurance industry challenges Trump, Trump administration in lawsuits over healthcare

The Trump administration is challenging the Obama administration’s decision to let insurers continue to charge individuals more for their health insurance coverage if they are found to have preexisting conditions.The administration is also suing the Trump administration, arguing that it failed to protect Americans from a plan by Anthem Blue Cross Blue Shield that would […]

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What’s next for life insurance?

The Insurance Industry Association of Canada is calling on the federal government to make life insurance the first insurance industry to be allowed to raise rates to $10 per cent.The move would allow insurance companies to charge premiums on a per-person basis.The association, which represents insurance companies, said it’s also calling on Health Canada to […]

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What’s next for the auto insurance industry

This week, the auto industry will take a big step toward bringing back its long-simmering health care law, after a federal appeals court ruled that the law’s requirements for insurance policies could go into effect as early as March 2018.But, for the moment, insurers are facing a long, tough road ahead to get the new […]

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U.S. economy continues strong despite latest healthcare costs and budget cuts,but jobs numbers are down

AUGUSTA, Ga.— The U.N. body overseeing global health, which monitors health-care costs around the world, said on Tuesday that its latest report showed the United States continued to be the world’s leading health care consumer despite rising health care costs and a $2.3 trillion budget deficit.The International Monetary Fund said the U.K. and France are […]

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What’s next for the auto insurance industry

This week, the auto industry will take a big step toward bringing back its long-simmering health care law, after a federal appeals court ruled that the law’s requirements for insurance policies could go into effect as early as March 2018.But, for the moment, insurers are facing a long, tough road ahead to get the new […]

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