Constitutionality of Health Reform in Question According to USA Today, the 4th U.S. Circuit Court of Appeals will be looking at the provision in the health care reform law that requires people to purchase health insurance or pay a tax penalty. Many states have already filed suit against the law in lower courts to dispute the provision, stating that Congress [...]
Health Care Reform Law Arguments Get First Hearing in Appellate Court
posted by Michael Simonds on May 10th, 2011 under Insurance Topics
Understanding reasons of high insurance premiums
posted by Michael Simonds on May 10th, 2011 under Insurance Topics
Auto insurance is mandatory, so understanding how the premium rates are charged becomes important in trying to reduce the monthly premium rates. Insurance companies may say that the minimum the policy, lesser the premium, but buying minimum insurance just to save in premiums is not recommended. There are different reasons why a monthly premium can [...]
House Bans State Access to Health Exchange Grant Money
posted by Michael Simonds on May 8th, 2011 under Insurance Topics
Republicans Oppose Funding for Health Exchanges When Obama signed the health care reform bill into law in March 2010, one of the changes that occurred in the world of health insurance was the creation of the health exchange, which would be a place where individuals could go to compare various policy options and select the [...]
Prime reasons for the fluctuation in car insurance coverage
posted by Michael Simonds on May 5th, 2011 under Insurance Topics
If you own the same car as your neighbor but still pay a fortune on auto insurance, you might probably want to know how you can save on it. This is something that many people want to know more about but only a few can genuinely master. It is not really as hard as you [...]
Final regulations on CIE
posted by Michael Simonds on April 22nd, 2011 under Insurance Topics
The Department for Transport has outlined the finer detail of Continuous Insurance Enforcement (CIE) legislation, as laid in Parliament yesterday. Under the new system: The DVLA will work in partnership with the Motor Insurers’ Bureau (MIB) to identify uninsured vehicles. Motorists will receive a letter telling them that their vehicle appears to be uninsured and [...]
Are Americans More Willing to Pay for Plastic Surgery Than Prescriptions?
posted by Michael Simonds on April 20th, 2011 under Insurance Topics
The ability to pay for healthcare is an ongoing issue for many Americans, especially as health costs continue to increase. But a recent study conducted by Thomson Reuters found that Americans feel more optimistic about their ability to pay for their healthcare than they did at the end of 2010. This is especially true in [...]
3m motorists suffer crashes with uninsured drivers
posted by Michael Simonds on April 16th, 2011 under Insurance Topics
One in 10 motorists (3.3 million) have been involved in a crash with an uninsured driver, according to new research commissioned by Direct Line and road safety charity Brake. Of the accidents involving an uninsured driver, 25% of them saw someone injured and 4% of these led to one or more deaths. Immorality is often [...]
Potholed roads increase holiday overloading risks
posted by Michael Simonds on April 11th, 2011 under Insurance Topics
Thousands of drivers will be compromising passenger safety by overloading their cars this Easter, according to LV=. Research by the insurer’s road rescue arm, Britannia, suggests that around 6.7 million Brits will drive to UK holiday destinations during the Easter break, with one in ten packing their car full to the brim. Unfortunately, they will [...]