The News Review:
- Survey: Americans’ low insurance IQ hurts finances
- FDIC raising fees on banks adds emergency fee
- Poll: 73% of Voters Think Health Care Reform Must Include Choice …
- Autism patients in California are dealt insurance setback
- Legislators lobbyists push insurance reform
- mega Insurance profit halves but market improving
- Why the world’s biggest insurance company is still getting …
Survey: Americans’ low insurance IQ hurts finances
The Associated Press
In fact we know a lot less about insurance than we think we know according to the National Association of Insurance Commissioners which sponsored the poll. That disconnect can end up costing them money or gaps in their long-term insurance protection says the NAIC an organization of state insurance regulators representing consumer and industry needs. “Now more than ever consumers need to be mindful of the impact their insurance decisions can have on their financial future” said Terri Vaughan the group’s chief executive. “By arming themselves with the facts — and improving their insurance IQ — consumers can make sure they are adequately protected without paying more than they should for that coverage.
FDIC raising fees on banks adds emergency fee
Motley Fool
financial institutions and levied a hefty emergency premium in a bid to collect $27 billion this year. The Federal Deposit Insurance Corp. now expects that bank failures will cost the insurance fund around $65 billion through 2013 up from an earlier estimate of $40 billion.
Poll: 73% of Voters Think Health Care Reform Must Include Choice …
Huffington Post
That is important because it addresses one of the biggest concerns voters have about health care reform. But voters also want a plan that gives them a choice not only of private health insurance plans – but a public health insurance plan as well. In fact a new poll by Lake Research found that a whopping 73% of voters want everyone to have a choice of private health insurance or a public health insurance plan while only 15% want everyone to have private insurance. bama’s plan does indeed allow consumers to choose a public health insurance plan similar to Medicare – a plan that does not rely on the giant private health insurance companies that are largely responsible for getting us into the health care mess.
Related from Panpacmastersgames: Poll shows voters fed up with Sacramento want reform
Autism patients in California are dealt insurance setback
Los Angeles Times
The insurers also say that covering applied behavioral analysis will drive up premiums for everyone although studies from other states have found such increases to be minimal. Parents disputing the denials have been winning appeals to regulators in recent months as research on the effectiveness of the therapy has become more widely recognized. In 15 of 16 recent disputes over insurance denials of applied behavior analysis for individual children state-impaneled physician-reviewers have declared the therapy to be medically necessary. Those decisions required the insurers to pay for the treatment. The 16th case is pending. The Department of Managed Health Care stepped into the controversy Monday sending insurers a letter seeking to clarify their coverage obligations to cover autism and related disorders. Parents lauded the department for making it clear that insurers must cover speech physical and occupational therapies for their autistic members.
Legislators lobbyists push insurance reform
Houston Chronicle
An insurance lobby called Cover Texas Now on Monday presented results of a poll that says 25 percent of Texans call health insurance the most important issue this session. Another 20 percent polled said it’s the second-most important issue. The Children’s Health Insurance Program or CHIP is the focus of several bills filed so far. Legislators say they want to raise the income threshold to make children eligible.
mega Insurance profit halves but market improving
Reuters
3 mln in 2007 * Pretax halves to $28. 2 mln * n track to move to main LSE listing in H1 2009 * Sees market hardening in 2009 * CE says well placed to take advantage of improving markets (Adds details background CE comments) LNDN March 10 (Reuters) – Insurer mega InsuranceHoldings (. L) halved its profits in 2008 but said on Tuesdayit expected market conditions to improve in the year ahead. The firm’s 2008 profit before tax $28. 2 million less thenhalf of the $59.
Why the world’s biggest insurance company is still getting …
Los Angeles Times
AIG is too interconnected to fail some experts say. Its ties with other companies markets and economies are so numerous that consequences of its collapse are unforeseeable. By Jim Puzzanghera March 9 2009Reporting from Washington — To understand why federal officials keep pumping astronomical sums of money into companies such as insurance giant American International Group Inc. it might help to take a high-altitude view of the situation. Say from 30000 feet up where jet airliners fly.