Insurance Law

Health Care Law Saves Consumers Over $1 Billion – Insurance News Net

These rebates will be an average of $151 for each family covered by a policy. The health care law generally requires insurance companies to spend at least 80 percent of consumers’ premium dollars on medical care and quality improvement. Insurers … Continue reading

New insurance law could affect coastal residents – theadvocate.com

State Treasurer John Kennedy, a member of the Louisiana Citizens Property Insurance Corp. board of directors, is calling for a special meeting of the board to “fully consider” the effects of a new law that gives some coastal residents a … Continue reading

Solvency II Phase-In, Dubai ‘2012’ Law, China Bonds: Compliance – Bloomberg

The European Union is considering phasing in new capital rules for the life insurance industry over seven years … said Dubai’s ruler had enacted two laws that alter some provisions of the center’s markets law and regulatory law.

Public’s views of health-care law reflect amounts spent on ads – Seattle Times

DOYLESTOWN, Pa. — Erika Losse is precisely the kind of person President Obama’s signature health-care law is intended to help. She has no health insurance. She relies on her mother to buy her a yearly checkup as a Christmas gift, … Continue reading

Insurers to Pay Rebates to 12.8 Million Under Health Law – Bloomberg

Earlier this week, Sebelius touted an expansion of insurance to people under age 26, who were able to stay on their parents’ policies because of the law. About 3.1 million young adults who would otherwise be uninsured gained coverage because … Continue reading

State retirees will have to pay health premiums under new Illinois law – Chicago Sun-Times

and insurance costs should be more balanced and based on actual retirement income,” Quinn said. “We also have a duty to taxpayers to ensure these plans are cost-efficient and put Illinois on the path to fiscal stability.” The law takes … Continue reading

Supreme Court’s health law decision to have major impact on insurers – Bangor Daily News

WASHINGTON — The Supreme Court’s decision to uphold or strike down the 2010 health care law could bolster — or undo — the most far-reaching changes ever legislated for the insurance industry and its customers. A host of popular consumer … Continue reading

Poll: Vast support for new health care effort – Tampa Bay Online

A new health care bill doesn’t seem to be in either party’s plans on the verge of the high court’s verdict on the law aimed at extending health insurance to more than 30 million Americans who now lack coverage. Republicans … Continue reading

Maryland braces for Supreme Court decision on health care reform law [The Baltimore Sun] – Insurance News Net

The 22-year-old diabetic is among the 2.5 million Americans who were allowed to stay on their parents’ policies because of the federal health care reform law. “I was definitely very scared about getting insurance after college, never mind staying with … Continue reading

California to lose big if Supreme Court scraps U.S. healthcare law – Los Angeles Times

Still, several of the federal law’s more popular insurance provisions, such as guaranteed coverage for children and allowing young adults up to age 26 to stay on parents’ policies, will remain in place because they are required by state law … Continue reading