Michigan House, Senate Pass Auto Insurance Reform, Governor Whitmer Expected to Sign

by Tyler Arnold   The Michigan House and Senate passed auto insurance reform Friday with substantial bipartisan support after the House Republicans, Senate Republicans and Democratic governor struck a deal. Gov. Gretchen Whitmer is expected to sign the bill into law. The legislation will eliminate a mandate that required all…

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Report: Ohioans Enrolled in Obamacare Had 20 Percent of Medical Claims Denied Despite Coverage

A new report from the Kaiser Family Foundation has found that, from 2015-2017, 20% of all claims made by individuals covered under the Affordable Care Act, commonly known as Obamacare, have been denied. This has led to thousands of patients going “out of pocket” to cover expensive procedures or putting…

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Insurers Are Refusing to Do Business With Coal Companies

by Jason Hopkins   A growing number of insurance firms around the world are either divesting from coal companies or refusing to do business with them altogether. Generali — the third largest insurer in Europe and the largest in Italy — announced it will no longer insure the production of…

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Wisconsin and New Jersey are Among the States Looking To Copy Minnesota Model Of Using Federal Funds To Lower Insurance Premiums

Minnesota capitol

by Evie Fordham   Several states including Wisconsin and New Jersey are seeking to copy Minnesota’s model of federal reinsurance program funding that contributed to a 13-percent drop in premium rates in the state from 2017 to 2018. The Minnesota legislature adopted the program, which uses mostly federal funds to…

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HHS: Obamacare ‘Benchmark’ Rates Up 37 Percent, Choices Dwindle

Premiums for Obamacare’s “benchmark” plans will rise by 37 percent and choices will dwindle in 2018, with eight full states having just one insurer to choose from, the Trump administration said Monday in a report detailing the federal marketplace known as HealthCare.gov. However, the average tax credit that many consumers…

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