• September 23, 2021

What you need to know about the insurance industry’s insurance-sector reforms

The insurance industry is the biggest player in Washington.It wields more power than any other industry in America, and it is largely responsible for the federal government’s health care system.So the reforms to the health insurance industry are important.But they are also just the beginning of the insurance reform agenda.There are a few key reforms…

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When will the Trump administration unveil its plan to repeal and replace Obamacare?

President Donald Trump is expected to sign an executive order to repeal the Affordable Care Act and replace it with a single-payer system on Friday, a White House official told Reuters on Thursday.Trump has repeatedly called for a “single-payer” system, which would offer healthcare coverage to everyone regardless of their income.The Trump administration has said…

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Why do you need to read this disclaimer

I’m not trying to give you the full story of your life insurance policy, but it’s important to know the basics.Insurance companies are trying to sell you a policy that’s worth as much as a house or a car.That’s because insurance companies want you to think you’re worth more than your policies claim to.This is…

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What you need to know about a possible merger between state and federal unemployment insurance agencies

The state unemployment agency is negotiating a merger with a major federal agency that oversees unemployment insurance, the Department of Labor, a move that could significantly alter the nature of the state’s unemployment insurance program.Dwayne M. Smith, an executive vice president of the Illinois Employment and Training Commission, said in a statement Wednesday that the…

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Which companies can take your money?

An insurance company that takes your money can still get sued if you think it’s been stolen.The California Insurance Division filed a lawsuit Friday against an insurance company in the city of Riverside that took $1.2 million from its account.The insurer sued in April, claiming the bank’s claims department failed to make timely payments to…

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How to pay your insurance bill online with Chase bank

Chase bank says it will allow consumers to pay online using its credit card on a Chase credit card or with a debit card at a Chase retail store beginning April 5.The change comes after the bank last month started accepting Chase cards to pay bills online for purchases of goods and services with an…

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Alliance Insurance Agency Is Taking Over the Midwest: Here’s What You Need to Know

Midwesterners are being asked to pay more for health insurance because the company they chose to buy from has left the region, according to a new report from insurance watchdog group Alliance.While the midwest continues to be the healthiest region in the country, a combination of rising premiums and a lack of competition from other…

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