Short-term Healthcare
The Trump administration made a final decision that will allow for health insurance companies to sell plans outside of the Affordable Care Act. These plans won’t be required to cover prescriptions, maternity care, or preexisting conditions. Donald Trump believes that these new “short-term, limited-duration insurance” plans could help millions who don’t want comprehensive coverage still […]
National Flood Insurance Program
The U.S. House of Representatives has extended the National Flood Insurance Program through hurricane season. This program is deep in debt, and many people believed it was going to close. However, the program will remain active until at least November. Will a more sensible solution be concieved to replace this failing program, or will the […]
Autonomy and Automobiles
The day where self driving cars are common place is nearly here, and there are many questions that we still need answers to. Among them is how will car insurance work? One company, Travelers Companies Inc, may have given us a glimpse into these policies. They beleive that cars should be insured and covered the […]
Health Insurance Costs May Rise Next Year
The Trump administration announced it is going to suspend the risk adjustment program of the Affordable Care Act. This program was made to keep markets stable. Removing this program may destabalize health insurance markets across the country. This would be good news for the healthy, as it would mean their premiums would be much smaller. […]
Amazon Obtains PillPack
Amazon has become a demagogue in our world. It is a massive retailer that even outweighs Walmart in revenue. Recently Amazon has made a move into the healthcare industry as well. Amazon acquired the company known as “PillPack”. It is an online pharmacy that delivers medication and medical supplies straight to your door. Amazon’s deliver to […]
Storm Coverage?
After a partiularly bad hurricane season and an impeding winter, there’s one thing that’s on a lot of peoples’ minds: will my insurance pay for damage casued by a storm? The short answer is “maybe”. If you have comprehensive coverage, you will almost certainly get some kind of reimbursement. Comprehensive covers things like storms, theft, […]
Wells Fargo’s Insurance Blunder
A stipulation of getting a car loan from Wells Fargo is that you have car insurance. If you don’t buy it yourself, the bank would then buy it for you and charge you. In an ideal world this would be ok, but this is far from an ideal world. Due to a mistake by Wells […]
CVS Pharmacy to Buy Health Insurance Company “Aetna” for $69 billion
At $207 per share in cash and stock, Aetna’s board of directors approved the sale of their company to CVS Health Corp. Share holders, however, will only be getting $145 for each of their shares, and the rest will be made up in CVS shares. THis will mean Aetna shareholders will own roughly 22% of […]
REMINDER: Open Enrollment for January Insurance Ends This Week!
Call us to help get the ball rolling TODAY! You only have till the 15th (Friday)!
Oregon Tax on Insurance Companies?
Next month Oregonians will have a vote; to tax insurance companies (and some hospitals) in hopes to stabalize rising premium costs or not in hopes that the low-income and disabled will be able to more readily afford healthcare. Some are arguing that this will shift the cost to consumers. Some say that by not passing […]
