Health-care protest bills get Missouri OK

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Health-care bills taking a swipe and President Obama’s health-care program passed the Missouri legislature this week. One allows employers to refuse health insurance for birth control; the other would let voters decide whether to allow the creation of a health-insurance exchange.

By

David A. Lieb, Associated Press /
May 19, 2012

In an annual tradition, Missouri House members toss papers after the closing gavel in Friday’s legislative session Friday in Jefferson City, Mo. Missouri’s Republican-led Legislature registered its discontent with President Obama’s health care policies by passing two bills that oppose aspects of the Obama program.

Laurie Skrivan/St. Louis Post-Dispatch/AP



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JEFFERSON CITY, Mo.

Missouri’s Republican-led Legislature registered its discontent with President Barack Obama’s health care policies Friday during an otherwise uneventful final day of a legislative session in which lawmakers settled for the doable instead of the ideal on their education and business priorities.

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Legislators sent the governor a bill stating that employers can refuse to provide health insurance for birth control — a measure meant as a slap against an Obama administration policy requiring insurers to cover contraception at no additional cost to women working at certain religious-affiliated institutions.

A separate measure also passed Friday will ask Missouri voters later this year whether to restrict the creation of a health insurance exchange, another Obama initiative.

OPINION: Five views on health care beyond Obamacare

The session ended at 6 p.m. Friday without passage of several education and pro-business proposals touted by Republican leaders when they began work in January. But legislative leaders, as is typical, still declared the session a success, noting that, in an election year, they were able to reach compromises that led to the passage of a $24 billion budget, an expansion of authority for charter schools and a tweak of the state’s workers’ compensation system, among other things.

“For the Missouri House, it was promises made and promises kept. We’re very happy with our success,” said House Majority Leader Tim Jones, R-Eureka.

Democratic Gov. Jay Nixon noted many of his budget priorities prevailed but expressed disappointment that lawmakers failed to expand incentives for businesses that supply parts to automobile manufacturers.

When the session began, some Republican legislative leaders outlined an aggressive education agenda to overhaul the state’s school funding formula, expand charter schools, pare back teacher tenure protections, authorize tax breaks so children in failing schools could attend private schools, and eliminate a two-year waiting period before the state could intervene in unaccredited schools such as the Kansas City School District. The charter school bill was the only item to pass.

The Legislature’s pro-business agenda also was left partly unfulfilled. Lawmakers sent the governor a bill prohibiting employees from suing co-workers for injuries covered by the workers’ compensation cases. But Nixon vetoed other workers’ compensation changes, as well as a Republican-backed bill that would have made it harder for employees to win workplace discrimination cases. Divisions between the House and Senate again scuttled bills to create new incentives for businesses or scale back the state’s existing tax credits.

By Friday, several major bills either already had passed or been effectively declared dead. That led to any easygoing mood underscored by a series of legislative pranks. In the Senate, food mysteriously appeared on the desk of an unsuspecting senator, a flagrant violation of chamber rules. In the House, one lawmaker arrived to discover his desk wrapped in tin foil, while another lawmaker attempted to dangle objects from an upper gallery over the head of the person presiding over the chamber. Some House members threw paper wads at each other before reveling in an end-of-session tradition of tossing suddenly useless bills and amendments into the air when the final gavel fell.

Although some Democrats opposed the measures, debate on the pair of politically charged health careproposals remained relatively calm. The contraception legislation passed the Senate 28-6 and the House 105-33.

The bill states that no employer or health plan provider can be compelled to provide coverage — or be penalized for refusing to cover — abortion, contraception or sterilization if those items run contrary to their religious or moral convictions. The bill also gives the state attorney general grounds to sue other governmental officials or entities that infringe on the rights granted in the legislation.

“This bill is about religious freedom and moral convictions,” said Rep. Sandy Crawford, R-Buffalo. “This is about sending a message to the federal government that we don’t like things rammed down our throat.”

The legislation is a response to a policy by Obama’s administration that initially sought to require religious nonprofits serving the public to cover birth control through employee health plans. After a backlash, Obama modified that policy earlier this year to require insurers, not the religious employers, to bear the responsibility of covering contraception.

Nixon declined to say whether he supports the Missouri measure, adding that he backs both a woman’s access to contraception and the right of people to practice their religious beliefs.

“We already have a strong religious exemption on the books, but we’ll review this carefully,” Nixon said.

Rep. Stacey Newman, D-St. Louis County, said the legislation was “attacking women’s reproductive choices.”

“This is wrong and I dare you to go home and talk to your daughters … and say, ‘Look, what we’re going to say is that your employers’ religious beliefs matter more than your own,’” Newman told colleagues.

Under a separate bill passed Friday, voters would get the final say on whether to enact a state law prohibiting the governor from establishing a state health insurance exchange. The federal health care law signed by Obama requires states to create such online markets by 2014 or have the federal government run one for them. The Missouri measure would allow a state-created insurance exchange only if specifically authorized by a state law or a subsequent vote of the people.

Both health care measures are part of a continuing effort by the Missouri Legislature to stand up to Obama’shealth care policies. In 2010, lawmakers referred a measure to the statewide ballot prohibiting the government from requiring people to have health insurance, a challenge to a federal provision that most people must have insurance by 2014 or face penalties. Voters approved the measure by 71 percent.

OPINION: Five views on health care beyond Obamacare

Article source: http://www.csmonitor.com/Business/Latest-News-Wires/2012/0519/Health-care-protest-bills-get-Missouri-OK

Employment Insurance: What’s wrong with it, and what to expect from the coming overhaul

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* The government will spend $387 million over two years to better link benefits to regional labour market conditions. The changes are part of a plan to remove the “disincentives” to accepting all available work while applying for or receiving EI benefits (including reducing the benefits clawback when working while on EI), and ensure that Canadians living in regions with similar unemployment rates receive similar benefits.

“We don’t want to have government programs that discourage people from engaging in the workforce at a time when we are going to need more and more people working in the country,” Flaherty said.

* Ottawa will encourage more seniors, youth, aboriginal people and persons with disabilities to work, and promises to give them the supports they need.

* The federal budget said some of the looming changes will “strengthen and clarify” what is required of claimants receiving EI benefits. The reforms will take into account “an individual’s past history with the EI program.”

* The changes are expected to target repeat claimants, including possibly forcing them to take lower-paying jobs than Canadians receiving EI for the first time.

Human Resources and Skills Development Minister Diane Finley won’t confirm or deny the changes will slowly scale back benefits for repeat claimants, saying only that details will be released in the coming weeks.

“What I can assure you is (the new rules) are going to be fair and they’re going to be reasonable,” Finley said in an interview aired Saturday on CBC Radio’s The House. “We’re going to help (Canadians) find work, better, faster, but they’re going to have to make sure they are doing what they need to do to find a job.”

Employment Insurance basics:

Q: What is Employment Insurance?

A: It’s a federal program that provides workers who are involuntarily unemployed with financial compensation and some means of subsistence until other employment is found.

Q: Who pays for it?

A: The EI plan is financed by premiums collected from workers and employers. The accumulated funds cover both the benefits paid to unemployed Canadians and administrative costs. Workers pay EI premiums of $1.83 for every $100 of wages until the annual maximum salary of $45,900 has been reached. The maximum contribution amount is approximately $840.

Q: How long do you have to work to be eligible to collect EI?

A: In most cases, Canadians must have worked a minimum of 420 to 700 insurable hours prior to unemployment, depending on where you live in Canada and the unemployment rate in the region.

Q: How much can I receive?

A: The basic benefit rate is 55 per cent of your average insured earnings up to a maximum insurable amount of $45,900, meaning you can receive a maximum payment of $485 per week. Low-income families can receive a higher benefit rate.

Q: How long can Canadians receive EI benefits?

A: From 19 weeks up to a maximum of 45 weeks, again depending on the unemployment rate in your region and amount of insurable hours accumulated.

jfekete(at)postmedia.com

Twitter.com/jasonfekete

Article source: http://www.canada.com/Employment+Insurance+What+wrong+with+what+expect+from+coming+overhaul/6650329/story.html

Obama Mandate Forces First Catholic College to Drop Insurance

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Obama Mandate Forces First Catholic College to Drop Insurance

by Steven Ertelt | Steubenville, OH | LifeNews.com | 5/15/12 12:07 PM

says in a new post on its website. “Up to this time, Franciscan University has specifically excluded these services and products from its student health insurance policy, and we will not participate in a plan that requires us to violate the consistent teachings of the Catholic Church on the sacredness of human life.”

“Additionally, the PPACA increased the mandated maximum coverage amount for student policies to $100,000 for the 2012-13 school year, which would effectively double your premium cost for the policy in fall 2012, with the expectation of further increases in the future,” FUS continues.

“Due to these changes in regulation by the federal government, beginning with the 2012-13 school year, the University 1) will no longer require that all full-time undergraduate students carry health insurance, 2) will no longer offer a student health insurance plan, and 3) will no longer bill those not covered under a parent/guardian plan or personal plan for student health insurance,” the college said.

Franciscan University says the current student health insurance plan will expire on August 15.

Writing at CatholicVote, Tom Crowe, an employee at Franciscan University, blamed the mandate for Franciscan’s decision.

“Employers, until Obamacare was passed, were not compelled to offer health insurance but they did do because it is expected and good for business—good luck getting top-notch employees if health insurance coverage is not among the benefits. Under Obamacare employers can both assure that employees have health insurance coverage by dumping them onto the exchanges, and can save lots of money and headache. Win-win,” he writes. “But now there is another device by which Obamacare violates the “if you like it you can keep it” pledge: the HHS Mandate.”

“See, part of reason I like my current health insurance plan offered by my employer, Franciscan University of Steubenville, is that it does not waste money on things I will never use because they are morally repugnant to me, like contraceptives, sterilization, and abortofacients. The HHS mandate purports to force me into a plan that I do not want rather than the plan I’ve been very happy with. But that’s a still-pending issue because of the one-year extension given (not that we will comply even after a year, of course),” he continues.

Crowe says the Obama mandate has left students “high and dry” and some students now may not have health insurance as a result.

“Who knows how many will have insurance, how many will not, how many will have insurance of the quality we offered before, how many will be able to stay on their parents’ insurance through the extended adolescence provision of Obamacare,” he writes. “But there you have it: thanks to the government’s firm desire to make sure the one or two women left in the country who did not have easy and cheap access to contraceptives, abortofacients, and sterilization procedures, our 2,500 students will no longer have an insurance plan ready and waiting for them.”

Franciscan warned about the mandate before the Obama administration put it into effect. It was one of a dozen Catholic colleges standing together against an Obama administration proposal to approve a recommendation from the Institute of Medicine suggesting that it force insurance companies to pay for birth control and drugs that can cause abortions under the Obamacare government-run health care program.

The IOM recommendation, opposed by pro-life groups, called for the Obama administration to require insurance programs to include birth control — such as the morning after pill or the ella drug that causes an abortion days after conception — in the section of drugs and services insurance plans must cover under “preventative care.” The companies will likely pass the added costs on to consumers, requiring them to pay for birth control and, in some instances, drug-induced abortions of unborn children in their earliest days.

CLICK LIKE IF YOU’RE PRO-LIFE!

 

Eighteen Catholic colleges and universities joined with The Cardinal Newman Society in an appeal to the Obama administration to exempt all religious objectors from a mandate requiring health insurance plans to cover sterilization and contraceptives, including some that cause abortion.

The appeal was organized by The Center for the Advancement of Catholic Higher Education, a division of The Cardinal Newman Society (CNS), and authored by attorneys Kevin Theriot and Matthew Bowman of the Alliance Defense Fund.

The comment on behalf of Catholic colleges describes the HHS exemption for religious employers as “potentially so narrow as to be not only nearly inconsequential but insulting to religious entities, in particular to Catholic Colleges and Universities.”

“No federal rule has defined being ‘religious’ as narrowly and discriminatorily as the Mandate appears to do, and no regulation has ever so directly proposed to violate plain statutory and constitutional religious freedoms,” the letter argued.  Whether considering religious institutions, other employers or individuals, “federal law simply prohibits the federal government from violating the religious and moral beliefs of any of these stakeholders.”

“For this reason we urge HHS (and the Departments of Labor and of the Treasury that jointly issued the interim final rule) to exempt all stakeholders with a religious or moral objection to ‘contraceptives’ (including abortifacients as well as non-abortifacient mechanisms of action), sterilization, and related education and counseling, from having to provide, offer, pay for or in any way participate in health insurance that includes such coverage.  The right to religious freedom requires no less.”

Article source: http://www.lifenews.com/2012/05/15/obama-mandate-forces-catholic-college-to-drop-insurance/

Car insurance searches soar at the expense of home and travel

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By Krishna Rao

The number above is according to the latest report ‘Insurance Sector Report – Issue 11’, by leading independent digital marketing agency, Greenlight, which profiled consumer search behaviour on Google UK for home, travel and car insurance products in January.

Via analysis of online search-related data sourced from Hydra’s One Platform, a leading provider of SaaS tools for digital marketers, Greenlight uncovered the most popular search terms consumers used to source insurance products online and determined the top performing companies in natural search, paid media and social media for the sub-sectors covered in the research.

Of a total of 1.9 million searches for insurance products online, 62 per cent were for car insurance-related terms

According to Greenlight, UK consumers conducted over 1.9 million searches for insurance products online, 1.2 million (62 per cent) of which pertained to car insurance.

By comparison, travel insurance and home insurance attracted a mere 25 per cent and 13 per cent share, respectively. Compared to October 2011 levels, the search for the former was down 3 per cent, whilst those for the latter were up 2 per cent. However, with home insurance premiums set to rise as a result of an increase in home burglaries, consumers may be prompted to think twice when it comes to investing in cover on the home front.

‘Car insurance’ most popular search term

‘Car insurance’ was the most popular search term. It was queried 550,000 times and accounted for a 29 per cent share of overall insurance queries.

‘Car insurance’ was also the most queried term in the car insurance sub-sector, and accounted for 47 per cent of searches. ‘Cheap car insurance’ followed with 165,000 (14 per cent), then ‘Car insurance quotes’ with 74,000 (6 per cent).

Most visible websites

Greenlight’s league table charted the most visible car insurance websites. It revealed that in natural search*:

-MoneySupermarket was the most visible website for car insurance. It achieved a dominant 94 per cent share of voice by quite a margin and was visible to 1.1 million car insurance-related searches.

-In second place was Compare the Market with a 58 per cent share of visibility.

-Tesco Bank followed in third place with 57 per cent.

-Since Greenlight’s previous report (October 2011), Cheap Car Insurance saw its share of visibility increase by 16 per cent and it ascended Greenlight’s league table from position 12 to eighth place.

In paid media**:

- GoCompare was the most visible car insurance advertiser, achieving an 80 per cent share of visibility to take top spot in Greenlight’s rankings.

- Aviva followed in second place with 69 per cent share of visibility.

- MoneySupermarket came in third with a 65 per cent share of voice.

Overall, MoneySupermaket and Aviva were the most visible brands in Greenlight’s social media analysis, with each attaining a Klout score of 45.

About the author

Krishna Rao is PR for Greenlight is an independent specialist search and social media marketing firm, with over 100 blue-chip clients including Santander, New Look, Sky and ghd. Greenlight is a premier thought leader in the sector, publishing widely read industry reports, original research, speaking at trade events, and delivering a highly respected digital marketing training programme via the Greenlight Academy. Founded in 2001, Greenlight is headquartered in London, with offices in New York.

Greenlight

Article source: http://www.nmk.co.uk/article/2012/5/13/car-insurance-searches-soar-at-the-expense-of-home-and-travel

APNewsBreak: A year after Joplin tornado, records show twister was the costliest since 1950

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The cost of 30 manhole covers that got sucked away: $5,800. A new concession stand at the destroyed high school: $228,600. Shelter and care for more than 1,300 homeless pets: $372,000.

The tornado that tore through Joplin a year ago already ranks as the deadliest twister in six decades. Now it carries another distinction — the costliest since at least 1950.

Insurance policies are expected to cover most of the $2.8 billion in damage. But taxpayers could supply about $500 million in the form of federal and state disaster aid, low-interest loans and local bonds backed by higher taxes, according to records obtained by The Associated Press and interviews with federal, state and local officials.

Almost one-fifth of that money was paid to contractors who hauled off debris. Tens of millions more dollars went to individuals for temporary housing and other living expenses in the immediate aftermath of the storm. Additional money could help subsidize construction of a new hospital to replace one that was irreparably damaged.

All told, about two dozen school districts, emergency agencies, public housing authorities, religious groups and other nonprofits could receive taxpayer money through a program run by the Federal Emergency Management Agency.

The outpouring of assistance is nowhere near the scale of Hurricane Katrina, which swamped New Orleans and damaged property along a wide swath of the Gulf Coast in 2005. Yet the Joplin tornado raises questions anew about the government’s role in disasters.

For Joplin families still on the long road to recovery, the taxpayer aid generally is appreciated.

The twister killed Danielle Robertson’s mother and destroyed the duplex she shared with her teenage daughter and two dogs. After several months of temporary living arrangements, Robertson eventually got one of the FEMA trailers for tornado survivors. No rent or utility payments were required.

“There are just thousands of people who would not have recovered at all had that aid not been there. I mean there’s no way,” said Robertson, who finally moved into a rebuilt rental home about three weeks ago. “I like to consider myself a survivalist, but there was nothing to survive with.”

The Joplin tornado, which killed 161 people, was one of 99 major disasters declared by President Barack Obama in 2011. Other included blizzards, wildfires and hurricanes. Congress responded in December by authorizing an extra $8.6 billion in disaster aid.

Missouri has a rainy day fund with about $500 million that was created for costly emergencies. But the fund hasn’t been tapped for Joplin because Gov. Jay Nixon and some lawmakers are reluctant to trigger a constitutional mandate that the borrowed money be replenished within three years.

Some critics of federal disaster aid point to Missouri’s rainy day fund as a prime example of how states pass the buck to the federal government for local tragedies.

“It seems to me this indicates the bad incentive problem that comes with federal involvement — that states would rather tap federal taxpayers before they have to tap their own taxpayers,” said Chris Edwards, an economist and editor of downsizinggovernment.org, a website run by the Washington-based Cato Institute, a group that promotes free markets.

FEMA Director Craig Fugate said it takes an especially destructive tornado to trigger federal aid. What made the Joplin tornado so unusual was the intensity of the devastation in such a concentrated area, he said.

“We’re talking thousands of families impacted, hundreds of deaths, the trauma to the community alone was overwhelming,” Fugate said. “The likelihood of Joplin being able to recover successfully without federal assistance … warranted the president declaring it” a disaster zone.

Some of the taxpayer-subsidized projects, such as rebuilding St. John’s Regional Medical Center, will benefit people well beyond Joplin. The hospital served patients from a wide region extending into southeastern Kansas and northeastern Oklahoma.

Hospital administrators estimate their total cost from the tornado at $950 million, including demolishing the old building, creating temporary facilities and constructing a permanent replacement.

The hospital expects to get more than $345 million from insurance. It’s submitted more than $88 million of expenses to FEMA, of which the federal government could pay for 75 percent. The rest will be covered by private donations and the resources of the Sisters of Mercy Health System, which runs the hospital.

“We do hope to get some money from FEMA, but we’re not counting on that,” said Shelly Hunter, the chief financial officer for Mercy Health of Joplin.

The cost of replacing damaged school buildings will be covered largely by insurance, too. But voters recently approved the largest bond issue in Joplin history — $62 million — to help rebuild or repair 10 school buildings. The resulting property tax increase is estimated at $65 a year for the owner of a $100,000 home — roughly a 10 percent hike.

The Joplin school district has sought disaster aid for dozens of costs not covered by insurance, such as a truck and trailer used to shuttle band equipment between makeshift school buildings, as well as the concession stand, bleachers, flagpoles, fences, outdoor basketball hoops and new mulch for playgrounds. The cost to remove and replace the mulch at just three sites: $7,100.

The city has its own share of tornado costs, like the manhole covers. The tornado also destroyed two sirens that warn people of dangerous storms. Taxpayers paid more than $41,000 for temporary and permanent replacements, according to disaster-aid records.

During the cleanup, 14 fire hydrants and curbs and gutters at 111 locations were damaged by heavy equipment. And tires were punctured on about 125 vehicles, costing almost $57,300.

The American Society for the Prevention of Cruelty to Animals said it spent $1.2 million providing shelter and veterinary care for 1,300 homeless pets after the tornado. The city of Joplin agreed to cover $351,000 of those costs and now is seeking reimbursement from FEMA. It’s seeking an additional $21,000 for costs incurred by Joplin Human Society.

Federal disaster aid rules also reward local entities for the charitable work and donations of others. Joplin expects to receive $1 million through FEMA as a partial credit for an estimated $17.7 million worth of volunteer labor and donated supplies and services. That money can be used to offset the city’s own expenses for debris cleanup and emergency response.

“The fact that we can basically break even from a tornado of this magnitude is astonishing, and it’s in large part due to the donated resources,” city Finance Director Leslie Jones said. “Not only did it help us financially, they helped us clean up our community. I don’t even have words to describe it.”

Article source: http://www.foxnews.com/us/2012/05/19/records-joplin-twister-was-costliest-since-150/

Michigan CO-OP Awarded $72 Million to Provide Health Insurance Options in 2014

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LANSING, Mich., May 18, 2012 /PRNewswire/ — The Centers for Medicare and Medicaid Services (CMS) today announced its award of $72 million in financing for the new Michigan Consumers Healthcare CO-OP (MCHCO), a member-governed nonprofit health insurance company that will help to control costs while providing accessible healthcare for all residents.

“We’ve been given the opportunity to be pioneers in a new business,” said Bruce Miller, president of the MCHCO Board. “It is an opportunity and an obligation we take very seriously. All of us who have worked to bring a Consumer Oriented and Operated Plan to Michigan will do our very best to make the insurance plan work to the benefit of Michigan residents.”

The goal of health insurance cooperatives such as MCHCO is to make sure consumers have affordable choices when Michigan residents start shopping for government-subsidized health insurance from state insurance exchanges that are set to begin operating in 2014.

The development of MCHCO is part of the federal Affordable Care Act (ACA), which creates a new type of nonprofit health insurer, called a Consumer Operated and Oriented Plan (CO-OP). CO-OPs have member-based boards and are meant to offer member-friendly, affordable health insurance options to individuals and small businesses. Using low-interest and no-interest loans from the U.S. Department of Health and Human Services (HHS), the plan is to ensure that every state will have at least one healthcare CO-OP chartered specifically to make sure insurance is affordable for everyone:

  • CO-OPs will be open to all comers, including independent workers typically shut out of the traditional healthcare market.
  • Americans making less than 400 percent of the Federal Poverty Level (FPL) will be eligible to receive financial support from the government to pay for their CO-OP health plan.
  • The CO-OP will enter the market and compete with private insurers and offer insurance through a state-level marketplace called the Exchange. The state Exchange will be designed to make it easier for consumers to shop for and understand insurance plans.

By Jan. 1, 2014, Michigan residents will have the opportunity to buy health insurance coverage as individuals or families from the Michigan Consumer Healthcare CO-OP. The MCHCO will differ from other insurance companies because it will be governed by its members – the individuals and businesses that purchase the coverage.

“MCHCO will level the playing field for individuals and groups that are often not well served in the current health insurance market,” said Miller, who currently serves as executive director of the nonprofit Northern Health Plan and TENCON Health Plan, which provide basic medically necessary services at little or no cost to more than 10,000 low-income residents in 18 Michigan counties who have no other access to healthcare coverage.

MCHCO was organized by a coalition of 15 Michigan nonprofit corporations that are known as County Health Plans (CHPs). CHPs currently operate in 74 of Michigan’s 83 counties and provide noninsurance coverage to 150,000 Michigan residents. MCHCO hopes to use the existing delivery system to develop a statewide network including the nine counties that are not currently served by a CHP.

The insurance offered by MCHCO will be targeted to people with incomes between about 139 percent and 250 percent of the Federal Poverty Level (roughly $26,000 to $40,000 annual household income depending on family size) – but anyone can buy insurance from MCHCO.

Based on actuarial analysis of the market, MCHCO projects an initial enrollment of about 37,000 members.

“The Consumer Oriented and Operated Plan will use any profits to increase benefits and reduce the price of insurance,” Miller said.

The $72 million CMS loan will be used to develop the subscriber-run plan and support the plan’s reserve requirements. “The entire loan amount must be repaid to the federal government no later than 2033,” Miller said. “Our plan is to repay the loan sooner.”

MCHCO is preparing to apply for a health insurance license from the Michigan Office of Financial and Insurance Regulation (OFIR) in order to begin enrolling customers in October 2013 for insurance scheduled to take effect Jan. 1, 2014.

To date, 11 other organizations have received loans through the CO-OP program. Those organizations are in Iowa, Montana, Nebraska, Nevada, New Jersey, New Mexico, Oregon (two), New York, South Carolina and Wisconsin.

For more information about the Michigan Consumers Healthcare CO-OP, visit www.mchco.org.

Article source: http://finance.yahoo.com/news/michigan-co-op-awarded-72-151200040.html

Farmers Insurance Announces Partnership With the Golf Coaches Association of America

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Farmers Insurance, the sponsor of the PGA TOUR’s Farmers Insurance Open, is proud to announce a partnership with the Golf Coaches Association of America as the presenting sponsor of the Academic Team Awards. The partnership builds upon the success of “University Day” at the Farmers Insurance Open where players have been encouraged to support their alma maters during the third round of the Farmers Insurance Open the past two years. In 2012, $20,000 was awarded to the Florida State University golf program on behalf of top finisher Jonas Blixt and $10,000 to Georgia Tech’s program on behalf of runner-up Cameron Tringale.

“Farmers is proud to extend our support of education and University Day throughout the year,” said Chuck Browning, Head of Sponsorships for Farmers Insurance. “It is a perfect fit for us — it is an opportunity for our agents around the country to get involved with our golf platform and academic institutions on a local level and we are proud to honor top performing academic men’s golf programs in the country.”

The Academic National Champion Awards honor teams with the highest collective GPA in men’s college golf, with a champion from NCAA Divisions I, II and III, as well as NAIA and NJCAA DI and DII. Established in 2009 by the Golf Coaches Association of America (GCAA), the award program also recognizes All-Academic Teams in each of those divisions with a cumulative team GPA of 3.0 or higher. Approximately 300 men’s golf programs have been named All-Academic Teams in the three-year history of the award.

“This award program recognizes not only our student-athletes for their performance in the classroom, but also their school’s commitment to academic excellence and the support of their coaches and athletic departments,” said GCAA President Bruce Brockbank. “We are extremely pleased to partner with Farmers Insurance to bring national recognition to these programs and student-athletes.”

About the GCAA

The Golf Coaches Association of America (GCAA) was established in 1958 and is located in Norman, OK. The GCAA is a non-profit organization and is the professional association of men’s collegiate golf coaches. Through its established events and programs, the GCAA maintains a goal of increasing awareness and the status of men’s golf. There are over 800 members in the GCAA representing all three NCAA divisions as well as NAIA and NJCAA.

The GCAA annually administers collegiate competitions, including the Callaway Collegiate Match Play Championship and the Palmer Cup. In addition, the GCAA administers the team that represents the United States in the Toyota Junior Golf World Cup. Through its CEO and national office staff, the GCAA is also responsible for coordinating several recognition and educational events each year. The GCAA functions as the primary award granting organization for men’s collegiate golf and has honored thousands of student-athletes and coaches since its inception.

About Farmers Insurance Group

Farmers Insurance Group of Companies is a leading U.S. insurer of automobiles, homes and small businesses and also provides a wide range of other insurance and financial services products. Farmers Insurance is proud to serve more than 10 million households with more than 20 million individual policies across all 50 states through the efforts of over 50,000 exclusive and independent agents and nearly 24,000 employees.

Farmers is a trade name and may refer to Farmers Group, Inc. or the Farmers Exchanges, as the case may be. Farmers Group, Inc., a management and holding company, along with its subsidiaries, is wholly owned by the Zurich Insurance Group Ltd. The Farmers Exchanges are three reciprocal insurers (Farmers Insurance Exchange, Fire Insurance Exchange and Truck Insurance Exchange), including their subsidiaries and affiliates, owned by their policyholders, and managed by Farmers Group, Inc. and its subsidiaries. For more information about Farmers, visit its Web site at www.farmers.com or at www.Facebook.com/FarmersInsurance.

© Marketwire 2012

Article source: http://www.msnbc.msn.com/id/47479275

Car Insurance Quotes from Multiple Companies ÏXÏ Low Prices – Very Cheap Car Insurance Rates ## – PR

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Dobri’s Ratings
The real credit ratings…
Uncensored analysis commentary…

Article source: http://pr-usa.net/index.php?option=com_content&task=view&id=1188176&Itemid=32

Got A Ticket? Here's How Much Your Car Insurance Premiums Will Increase

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A motor officer writes a traffic ticket for a ...

A motor officer writes a traffic ticket for a motorist caught speeding Photo © by Jeff Dean (Photo credit: Wikipedia)

Among all the factors that determine what a given motorist will pay for car insurance – including age, sex, marital status, address and the make and model of car – the most critical is one’s driving record. The difference between having a clean history and one that’s pockmarked with citations can mean hundreds of dollars or more a year out of pocket. Tack on multiple at-fault accidents and you might be virtually uninsurable.

Depending on the violation, getting just a single ticket can boost an average policyholder’s auto insurance premiums by as much as 22 percent, according to an analysis of over 490,000 policy quotes conducted by Insurance.com.

Being cited for reckless driving was found to boost premiums by the largest margin at the aforementioned 22 percent. For the uninitiated, Nolo’s Plain-English Law Dictionary defines reckless driving as, “Operating an automobile in a dangerous manner under the circumstances, including speeding (or going too fast for the conditions, even if within the posted speed limit) and other careless and dangerous driving behavior.” A first offense for driving under the influence (DUI) was second at a 19 percent increase, followed by driving without a license at 18 percent and careless driving at 16 percent.

These are, of course, all averages for a single incident; penalties may be higher for certain drivers, especially those with various violations on their records. For example, the survey found that (given the vagaries of actuarial data) divorced motorists are often penalized more than single married drivers for given offenses. A divorced person cited for reckless driving might find his or her insurance costs rising by seven percent more than someone who’s single and four percent more than a married driver. Similarly, condo owners are sometimes hit with higher increases after receiving tickets than are renters, single-family homeowners or motorists who live with their parents.

Here’s the full list of how much common tickets will boost auto premiums, on average, as determined by Insurance.com:

  1. Reckless driving: 22 percent
  2. DUI first offense: 19 percent
  3. Driving without a license or permit: 18 percent
  4. Careless driving: 16 percent
  5. Speeding 30 mph over the limit: 15 percent
  6. Failure to stop: 15 percent
  7. Improper turn: 14 percent
  8. Improper passing: 14 percent
  9. Following too close/tailgating: 13 percent
  10. Speeding 15 to 29 mph over limit: 12 percent
  11. Speeding 1 to 14 mph over limit: 11 percent
  12. Failure to yield: 9 percent
  13. No car insurance: 6 percent
  14. Seat belt infractions: 3 percent

Those facing a rate increase following a traffic violation or accident are advised to shop around among multiple carriers to find one that’s willing to offer a lower premium. Some carriers are more or less tolerant of motorists with imperfect driving records than others. Also, exploit all available discounts your company may offer to help negate a premium boost. Most insurers will offer a discount for bundling home and auto insurance policies, for example, and many will grant a rate reduction to policyholders who attend “safe driving” classes and/or have security systems installed on their cars.

Finally, if you find your insurance costs soaring out of reach, consider raising your deductibles for comprehensive and collision coverage, which regard physical damage to your car where another driver is not at fault. According to Insurance.com, boosting these deductibles from $250 to $500 can shave around 30 percent off those sections of your car’s coverage. If you have an older car, consider dropping comprehensive and collision altogether to save even more money.

Better yet, let’s just be careful out there.

Follow Jim Gorzelany on Facebook, Twitter and Pinterest.

Article source: http://www.forbes.com/sites/jimgorzelany/2012/05/17/how-moving-violations-jack-up-your-auto-insurance-rates/

Organizers of Nevada air races where deadly crash happened last year get OK to continue event

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Organizers of the Reno National Championship Air Races cleared a major hurdle Thursday in their bid to continue the annual event this fall, winning approval of a special one-year permit and moving closer to securing the necessary $100 million in insurance in the aftermath of last year’s tragic mass-casualty crash.

The future of the 48-year-old competition has been in question since a modified World War II-era plane crashed at the event in September, killing the pilot and 10 spectators, and injuring more than 70 others on the ground.

The Reno-Tahoe Airport Authority’s board of trustees voted unanimously to renew the permit for at least another year as long as organizers follow all federal safety rules. That will include any new recommendations from the National Transportation Safety Board when it completes its investigation of the crash, something that may not happen until after the races Sept. 12-16.

Besides providing proof of $100 million in insurance, the Reno Air Racing Association must cover any increase in the airport authority’s own insurance premiums under the terms of the permit the board approved Thursday.

“All risk must be borne by the Reno Air Racing Association,” said Ann Morgan, the board’s legal counsel.

The association’s current five-year permit expires in June.

Mike Houghton, the association’s chief executive, noted the racing group must secure the insurance for the fall championships before next month’s pilot training session that is mandatory for all competitors. But he said he was confident he could finalize it next week.

“We’re 99 percent there,” Houghton told The Associated Press. “We’ve been lining up underwriters to take portions of the $100 million.

“I would anticipate that by Tuesday we’ll have them all in place and we’ll be real close to being able to hand an insurance certificate off to the airport.”

But Houghton said other challenges remain.

“It is going to be a continually long and arduous task to get to September,” he said. “Our hurdles, we keep leaping and just barely clearing them. … If anytime in our history we needed community support it is this year.”

Houghton said he expects the association can comply with all the NTSB’s recommendations. He said the one sticking point could be the recommendation that the group “evaluate the feasibility” of pilots wearing special flight suits to reduce the effects of gravitational forces.

If use of the so-called “G” suits proves feasible, the NTSB urged the group to make them mandatory.

Houghton said that directive is “pretty broad and pretty wide open.” He said he’s been talking with pilots about the pros and cons of the suits, which can cost more than $20,000.

Houghton said he plans further discussion with the Federal Aviation Administration and its medical department about whether use of the suits at the competition is “reasonable or feasible.” But he said his best guess is they do not become mandatory.

The National Championship Air Races feature planes flying wingtip-to-wingtip around an aerial track at Reno-Stead Airport, sometimes just 50 feet off the ground at speeds above 500 mph.

Jimmy Leeward, 74, of Ocala, Fla., became the 20th pilot killed at the competition in the Sept. 16 crash, but it was the first time spectators were killed since the races began. He was flying a modified World War II-era P-51 Mustang, dubbed the “Galloping Ghost,” when it slammed nose-first into the edge of the private spectator boxes on the apron of the grandstand.

The impact blasted a crater about 3 feet deep and 8 feet wide and scattered debris across more than two acres.

Article source: http://www.foxnews.com/us/2012/05/17/reno-air-race-organizers-get-ok-to-continue-event/

Backers of health insurance rate regulation edge closer to ballot

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Supporters of a proposed ballot measure seeking tighter regulation of health insurance rates turned in 800,000 signatures statewide, confident that they will qualify for the Nov. 6 election.

In the coming weeks, county election offices and the California secretary of State will determine whether the measure meets the requirement of 504,760 valid voter signatures. The deadline to qualify is June 28.

This initiative is expected to spark an expensive campaign battle over rising health insurance rates, which have angered thousands of California consumers in recent years. This measure would apply to health policies sold to individuals and small businesses. It doesn’t affect plans purchased by larger employers that cover about 15 million Californians.

California Insurance Commissioner Dave Jones joined Consumer Watchdog, the Santa Monica group leading the ballot drive, at the Los Angeles County Registrar-Recorder’s office in Norwalk to drop off boxes of signatures.

“Over 34 states have given the insurance commissioner the authority to reject excessive rates,” Jones said at a news conference. “This isn’t a novel idea. California is behind the rest of the nation.”

The proposed ballot measure seeks to give Jones and the California Department of Insurance the same rate-setting authority over health insurance that they already hold over auto and property coverage. Opponents say that the measure would create a costly new bureaucracy at a time of growing state budget deficits and that it doesn’t address the underlying reasons for escalating premiums.

California’s largest health insurers — Anthem Blue Cross, Kaiser Foundation Health Plan Inc., Health Net Inc., Blue Shield of California and United Healthcare Insurance Co. — are leading the opposition by funding a group called Californians Against Higher Healthcare Costs. The coalition also draws support from doctors, hospitals and various business groups.

“We all agree that controlling healthcare costs is critical, but this flawed measure will do nothing to address the underlying costs driving healthcare premiums and will ultimately limit patients’ access to care,” said Don Crane, chief executive of the California Assn. of Physician Groups.

RELATED:

Insurance initiative gains high-profile backers

Anthem Blue Cross to cut rate hikes for some consumers

Aetna rate hike is deemed excessive by California

Article source: http://www.latimes.com/business/la-fi-mo-health-insure-ballot-20120518,0,5199257.story?track=rss

Michigan CO-OP Awarded $72 Million to Provide Health Insurance Options in 2014

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LANSING, Mich., May 18, 2012 /PRNewswire/ — The Centers for Medicare and Medicaid Services (CMS) today announced its award of $72 million in financing for the new Michigan Consumers Healthcare CO-OP (MCHCO), a member-governed nonprofit health insurance company that will help to control costs while providing accessible healthcare for all residents.

“We’ve been given the opportunity to be pioneers in a new business,” said Bruce Miller, president of the MCHCO Board. “It is an opportunity and an obligation we take very seriously. All of us who have worked to bring a Consumer Oriented and Operated Plan to Michigan will do our very best to make the insurance plan work to the benefit of Michigan residents.”

The goal of health insurance cooperatives such as MCHCO is to make sure consumers have affordable choices when Michigan residents start shopping for government-subsidized health insurance from state insurance exchanges that are set to begin operating in 2014.

The development of MCHCO is part of the federal Affordable Care Act (ACA), which creates a new type of nonprofit health insurer, called a Consumer Operated and Oriented Plan (CO-OP). CO-OPs have member-based boards and are meant to offer member-friendly, affordable health insurance options to individuals and small businesses. Using low-interest and no-interest loans from the U.S. Department of Health and Human Services (HHS), the plan is to ensure that every state will have at least one healthcare CO-OP chartered specifically to make sure insurance is affordable for everyone:

  • CO-OPs will be open to all comers, including independent workers typically shut out of the traditional healthcare market.
  • Americans making less than 400 percent of the Federal Poverty Level (FPL) will be eligible to receive financial support from the government to pay for their CO-OP health plan.
  • The CO-OP will enter the market and compete with private insurers and offer insurance through a state-level marketplace called the Exchange. The state Exchange will be designed to make it easier for consumers to shop for and understand insurance plans.

By Jan. 1, 2014, Michigan residents will have the opportunity to buy health insurance coverage as individuals or families from the Michigan Consumer Healthcare CO-OP. The MCHCO will differ from other insurance companies because it will be governed by its members – the individuals and businesses that purchase the coverage.

“MCHCO will level the playing field for individuals and groups that are often not well served in the current health insurance market,” said Miller, who currently serves as executive director of the nonprofit Northern Health Plan and TENCON Health Plan, which provide basic medically necessary services at little or no cost to more than 10,000 low-income residents in 18 Michigan counties who have no other access to healthcare coverage.

MCHCO was organized by a coalition of 15 Michigan nonprofit corporations that are known as County Health Plans (CHPs). CHPs currently operate in 74 of Michigan’s 83 counties and provide noninsurance coverage to 150,000 Michigan residents. MCHCO hopes to use the existing delivery system to develop a statewide network including the nine counties that are not currently served by a CHP.

The insurance offered by MCHCO will be targeted to people with incomes between about 139 percent and 250 percent of the Federal Poverty Level (roughly $26,000 to $40,000 annual household income depending on family size) – but anyone can buy insurance from MCHCO.

Based on actuarial analysis of the market, MCHCO projects an initial enrollment of about 37,000 members.

“The Consumer Oriented and Operated Plan will use any profits to increase benefits and reduce the price of insurance,” Miller said.

The $72 million CMS loan will be used to develop the subscriber-run plan and support the plan’s reserve requirements. “The entire loan amount must be repaid to the federal government no later than 2033,” Miller said. “Our plan is to repay the loan sooner.”

MCHCO is preparing to apply for a health insurance license from the Michigan Office of Financial and Insurance Regulation (OFIR) in order to begin enrolling customers in October 2013 for insurance scheduled to take effect Jan. 1, 2014.

To date, 11 other organizations have received loans through the CO-OP program. Those organizations are in Iowa, Montana, Nebraska, Nevada, New Jersey, New Mexico, Oregon (two), New York, South Carolina and Wisconsin.

For more information about the Michigan Consumers Healthcare CO-OP, visit www.mchco.org.

Article source: http://finance.yahoo.com/news/michigan-co-op-awarded-72-151200040.html

CHEAP INSURANCE ISN’T JUST THE CHEAPEST, IT’S THE BEST IN ONTARIO – PR

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Dobri’s Ratings
The real credit ratings…
Uncensored analysis commentary…

Article source: http://pr-usa.net/index.php?option=com_content&task=view&id=1187870&Itemid=32

Car Insurance Firm Uses Analytics to Set Premiums

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Car insurance firm insurethebox is using a business analytics appliance to analyse drivers’ habits and set insurance premiums based on how safe they drive using telematics.

The company targets young drivers to encourage safer driving and help reduce the cost of their car insurance. It places a telematics device slightly bigger than a mobile phone under their dashboards and connects it to a GPS and other sensors.

IBM analytics technology is being used to capture the data from these devices and it analyses key aspects of their driving, including how, where, when, and for what duration, the car is being driven.

“Our customers purchase an annual 6,000 mile insurance policy that can be topped up if they run out of miles,” said Mike Brockman, CEO of insurethebox.

“Customers who drive well at responsible speeds and who take breaks on long trips can earn extra miles and apply them to their policies.”

The firm launched its product on a price comparison site in June 2010 and has now sold more than 65,000 policies.

Data on driver activity from the car device is captured in real-time along with demographic customer data. Key statistics on driver journeys are then fed back to individual customers on their online portals. Customers can monitor how well they have driven throughout the month and check the number of bonus miles earned.

One insurethebox customer said she was in a small collision and was called by insurethebox within an hour of the car having the impact, to acknowledge that some form of collision had happened and to see if she was okay and whether she wanted to make a claim.

The IBM Analytics appliance is based on IBM BladeCenter Technology and is optimised for specific industry needs.

The Co-operative Insurance group has a similar product for young drivers, where a telematics solution is used to help adjust premiums depending on driving behaviour.

Endsleigh Insurance recently deployed a cloud-based web analytics tool from IBM to help give it greater visibility of online customer behaviour.

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Article source: http://www.pcworld.com/article/255771/car_insurance_firm_uses_analytics_to_set_premiums.html

Florida Catholic school considers dropping student health plan, on heels of Ohio decision

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On the heels of an Ohio school’s decision to abandon its student health insurance plan, another Catholic university in Florida is considering whether to follow suit over concerns about premium costs associated with the federal health care overhaul, FoxNews.com has learned. 

The school, the private Ave Maria University, is voicing both moral and economic concerns.

Like Franciscan University — the Steubenville, Ohio, school that just announced it is dropping student coverage — Ave Maria officials are opposed to the so-called contraceptive coverage mandate. But for both schools, premium costs associated with new coverage requirements appear to be fueling their anxiety. 

“We’re studying it right now,” Ave Maria University President James Towey told FoxNews.com. “My own sense is, I don’t see … how it makes sense for us to stay in this.” 

University officials plan to meet Monday to discuss their insurance options and potentially make a decision. 

Towey said the school’s insurance provider told them that students would be looking at a premium increase ranging from 65 to 82 percent in the coming year if no changes are made. 

“At a minimum, we’ve got to communicate to students on why they’re going to see a huge spike in insurance,” Towey said. He added, though, “we just might get out of this business.” 

The expected premium increases apparently stem from a requirement in the health care law to restrict annual limits on insurance policies. The change for student plans is expected to be phased in, but the first stage will still require coverage limits to be at least $100,000 – a number that would rise sharply from there in the coming years. 

The reason this change could affect colleges dramatically is that some schools don’t exactly offer comprehensive insurance coverage. So new coverage requirements — as seen with Franciscan and now Ave Maria — can cause a big jump in premiums. 

Towey noted that a lot of students are covered by their parents’ plans, but not all. “Parents who don’t have a health plan — then these students are out there,” he said. 

Franciscan, which already made the decision to drop student coverage, claims to have been in the same boat. It’s unclear how many other schools might follow suit. 

FoxNews.com reached out to a number of other religious-affiliated colleges, which either did not confirm their plans for student coverage or said they did not plan on dropping it. 

Victor Nakas, a spokesman for The Catholic University of America, said the school “has no plans to drop its student medical insurance plan.”                      

Nick Alexopulos, spokesman with Loyola University Maryland, also said, “we are not considering dropping our student health insurance plan.” He said the school continues “to monitor the situation as it unfolds.” 

Towey is a former faith adviser for former President George W. Bush. His school is among those that, separately, are suing the Obama administration over the contraception mandate. 

Towey said his school finds the mandate “repugnant,” but he expressed economic concerns regarding the expected premium increases. He said his school tried to shop around with other major insurers for alternatives, but “they wouldn’t even give us a quote.” 

“These are the unintended consequences of what happens when you hastily pass a 1,000-page bill,” he said.

Article source: http://www.foxnews.com/politics/2012/05/16/florida-catholic-university-considering-dropping-student-health-coverage/

Harris Poll EquiTrend: Brand Equity will be Key to Consumers' Health Insurer Selections

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NEW YORK, May 17, 2012 /PRNewswire/ — While public health care policy and the factors that influence consumer preference and purchasing decisions about health insurance are rapidly shifting, the 2012 Harris Poll EquiTrend® (EQ) study finds that brand equity remains strong among the top-ranked health insurers. EQ is an annual study that measures the perceptions of 38,500+ American consumers about more than 1,500 lifestyle, product, and service brands.

To view the multimedia assets associated with this release, please click: http://www.multivu.com/mnr/44752-harris-poll-equitrend-brand-equity-key-to-health-insurer-selections

(Photo: http://photos.prnewswire.com/prnh/20120517/MM08255)

As the 2014 deadline inches closer for implementation of a number of the health insurance reforms in the federal Accountable Care Act, brand equity has become an important new battleground for health insurers. Health insurers are preparing to compete in new ways to attract a growing number of consumers, who are playing a more influential role in their own health insurance decisions.

“The definition of consumer is ‘one that consumes’,” says Debra Richman, Senior Vice President of Healthcare Business Development Strategy at Harris Interactive, “More than ever before, consumers are paying increased attention to their health care options and selecting products and services they prefer to consume. As a result, positive brand recognition has become and will increasingly be critically important.”

The evolving importance of consumers requires that insurers understand how their customers make health care choices and what expectations they will have of their health insurers, both when choosing a health plan and, importantly, when choosing to remain with a health plan. Richman notes, “Consumer behavior in health care is beginning to mirror how consumers behave when making other purchasing decisions, whether for consumer goods or financial services. Consumers are evaluating brand equity, user experience, convenience, and product or service value.”

Consumers Choices among Health Insurers

Among the ten competitive brands included in the 2012 Harris Poll EquiTrend study, Blue Cross Blue Shield emerges as the top-ranked health insurer. This is the third consecutive year Blue Cross Blue Shield has earned the Health Insurance Brand of the Year accolade. UnitedHealthcare places second and regional insurer, HealthNet, secures third place in this consumer-choice study

“Brand reputation is now one of the key criteria when selecting a health plan—this is especially important in a market where benefits and costs may be similar, which will definitely be the case in an insurance-exchange environment. Those companies with strong brand equity will be well-positioned to take advantage of such market changes and successfully differentiate themselves among competitors,” Richman concludes.

About Harris Poll EquiTrend

Harris Poll EquiTrend® is a leading Brand Equity tracking study conducted by Harris Interactive that measures and compares brand health for more than 1,500 brands. The study was conducted online from January 31 through February 20, 2012 and analyzes the responses of over 38,500 consumers on key measures of brand health – including how well the public knows a brand, how positively they think of the brand and their consideration to do business with or donate to a brand. Each brand is rated 1,000 times among respondents who are familiar with the brand. Harris Interactive has conducted its EquiTrend study regularly since 1989, and can offer yearly trended data from 2005. The Equity Score, a key take-away from EquiTrend, has been validated against financial performance by Georgetown University.

These statements conform to the principles of disclosure of the National Council on Public Polls.

The Harris Poll EquiTrend® study results disclosed in this release may not be used for advertising, marketing or promotional purposes without the prior written consent of Harris Interactive.

Product and brand names are trademarks or registered trademarks of their respective owners.

For a complete listing of all the brands covered in the study, contact Corporate Communications at 212-539-9600 or press@harrisinteractive.com.

About Harris Interactive

Harris Interactive is one of the world’s leading custom and multi-client market research firms, leveraging research, technology, and business acumen to transform relevant insight into actionable foresight. Known widely for the Harris Poll® and for pioneering innovative research methodologies, Harris offers proprietary solutions in the areas of market and customer insight, corporate brand and reputation strategy, and marketing, advertising, public relations and communications research. Harris possesses expertise in a wide range of industries including health care, technology, public affairs, energy, telecommunications, financial services, insurance, media, retail, restaurant, and consumer package goods. Additionally, Harris has a portfolio of multi-client offerings that complement our custom solutions while maximizing our client’s research investment.  Serving clients in more than 215 countries and territories through our North American and European offices and a network of global partners, Harris specializes in delivering research solutions that help us – and our clients – stay ahead of what’s next. For more information, please visit www.harrisinteractive.com.

Press Contact:  
Corporate Communications
Harris Interactive
212-539-9600
press@harrisinteractive.com

Article source: http://finance.yahoo.com/news/harris-poll-equitrend-brand-equity-151600908.html

American Security Insurance Testifies at New York Hearing on Lender-Placed Insurance

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NEW YORK, May 17, 2012 /PRNewswire/ – Representatives of American Security Insurance Co., a unit of Assurant Specialty Property, told New York officials today that lender-placed insurance “fulfills an important need” in the nation’s mortgage system, as a “safety net” protecting homeowners who otherwise would be without coverage.

The New York Department of Financial Services is conducting hearings on the topic this week in Manhattan.  American Security President John Frobose represented the company.

Lender-placed insurance is included in the terms of virtually all home mortgages to ensure continuous insurance coverage, as required by lenders, regulators and mortgage investors.  In the event of a lapse in insurance coverage, if a homeowner does not renew or replace their policy, lenders will place insurance on the property.

In written testimony, American Security noted that lender-placed insurance rates in New York, as in other states, are approved in advance by state insurance authorities, and the company follows a thorough process to ensure that homeowners are alerted multiple times to the possible lapse in their coverage.  Homeowners may cancel at any time simply by providing proof of acceptable coverage.

Lender-placed insurance “is a critical component of the national residential mortgage system,” the company testified. “LPI exists because it meets important needs of homeowners, lenders and investors.”

The company added that the rates, as approved by the New York Department of Insurance, are “more expensive than standard insurance, but the difference in price reflects the greater risk that LPI carriers assume.”  Carriers such as American Security agree to insure each and every property in a lender’s mortgage portfolio on which no other acceptable insurance is in effect, without regard to location, condition, occupancy or other risk factors.

Assurant’s average lender-placed policy costs about two times the cost of the previous policy; customers are informed about the cost in advance of the placement of our insurance.

The company assured the DFS of its continuing cooperation:  “We look forward to a constructive dialogue with the Department, aimed at exploring ways to address any concerns the Department identifies in the course of its investigation.”

About Assurant Specialty Property
Assurant Specialty Property is a leading provider of insurance services in partnership with financial institutions, mortgage lenders, manufactured home sellers, auto finance companies, property managers and their customers.  Services include insurance tracking and management, lender-placed homeowners insurance, and property and personal coverage such as renters, farm and flood insurance. With more than 5,000 employees in 11 locations, Assurant Specialty Property serves clients and customers in all 50 states.

Assurant Specialty Property is part of Assurant, a premier provider of specialized insurance products and related services in North America and select worldwide markets.  Assurant, a Fortune 500 company and a member of the SP 500, is traded on the New York Stock Exchange under the symbol AIZ. Assurant has approximately $27 billion in assets and $8 billion in annual revenue. www.assurant.com.

Article source: http://finance.yahoo.com/news/american-security-insurance-testifies-york-210000280.html

Online Auto Insurance: New Ala. Law Shows Range of U.S. Texting Bans

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Newly approved law brings point penalties against driving record with each offense.

Montgomery, Alabama (PRWEB) May 17, 2012

Alabama’s governor finalized a law this week that restricts texting behind the wheel, highlighting a long-running effort to bring the state in line with most others in the U.S. that prohibit texting while driving in a range of ways, according to Online Auto Insurance.

The state’s ban is unique in that it institutes a two-point penalty to driving records for every offense, meaning insurers can raise insurance rates and premiums on drivers with marked records. A similar ban recently passed in West Virginia mandates that violators be charged three points to their driving record on the third offense, according to the legislation, named SB 211.

Texting bans in some other states are looser and without point-based penalties. For example, cheap car insurance in Texas won’t get any pricier due to texting tickets or citations because the state only restricts texting for school bus drivers with passengers, vehicles in school crossing zones and teenagers under 18 years old. Texas is one of three states prohibiting school bus drivers from texting and one of five prohibiting novice drivers from texting.

In fact, Gov. Rick Perry called a push to ban texting for all drivers statewide “a government effort to micromanage the behavior of adults” when he vetoed last year’s legislation. According to a June 2011 press release on his veto, Perry stated that “the keys to dissuading drivers of all ages from texting while driving are information and education.”

Alabama Gov. Robert Bentley had the opposite take on the state’s recently finalized law when he approved it on May 8, releasing a statement saying, “there is nothing so urgent that it is worth risking your life, or the lives of others, by sending a text message while you are driving down the road.”

Fines under the new law will be $25 on a first offense, $50 on a second offense and $75 for a third and subsequent offense, with each offense bringing the two-point penalty. But the monetary penalties could be higher if Alabama drivers‘ insurance companies catch wind of the offense.

The law goes into effect Aug. 1 and will be enforced as a primary offense, meaning that police can pull over any suspected violator to issue a citation.

Source: http://governor.alabama.gov/news/news_detail.aspx?ID=6435

Text messaging is banned for all drivers in 38 states and the District of Columbia, according to the Insurance Institute for Highway Safety.

Seven states have no statewide texting bans at all: Montana, South Dakota, Ohio, South Carolina, Florida, Arizona and Hawaii. In Hawaii, hand-held and texting bans are instituted at county levels.

Before Alabama’s texting bans, the most recent states to pass similar laws were Idaho and West Virginia, where governors there signed off on legislation last month.

When it finalized its ban, West Virginia also became one of 10 states prohibiting use of any hand-held device while driving. The others are California, Connecticut, Delaware, Maryland, Nevada, New Jersey, New York, Oregon and Washington.

The patchwork of laws and enforcement measures around texting and hand-held device use while driving show that even seemingly simple public safety issues are not a given in the political world.

Alabama’s texting ban was a long-running legislative effort, according to Representative Jim McClendon (R-Shelby), a sponsor of House Bill 2. McClendon said the bill’s finalization came after it spent four years in the House and two years in the Senate.

OAI recommends that motorists research and stay up-to-date on what laws are currently active in their state and municipality, as areas without statewide texting bans may still have some sort of prohibition at county levels.

For more on this and insurance-related issues, head to http://www.onlineautoinsurance.com/texas/ for access to an easy-to-use quote-comparison generator and informative resource pages.

Charles Nguyen
Online Auto, LLC
(909) 784-2473
Email Information

Article source: http://news.yahoo.com/online-auto-insurance-ala-law-shows-range-u-173634306.html

Moneymaxim Re-launch Updated car Hire Insurance Comparison Service with new Features

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LONDON, May 17, 2012 /PRNewswire/ –

The UK’s leading car hire excess insurance comparison website, Moneymaxim has today [Thursday 17 May] re-launched their unique car hire insurance comparison tool with a number of brand new features.

  • New comprehensive car hire excess insurance  comparison service with additional features
  • Users can save up to 20% on car hire insurers standard prices
  • Up to 90% off the price of excess insurance prices compared to buying directly from car rental firms
  • New features also integrated into the UK’s only combined car hire and car hire insurance search engine

The completely revised website allows car renters to find their perfect policies wherever they travel in the world. Users can now specify the country they are visiting and the Moneymaxim service will identify appropriate policies from companies who will cover that country.  

With many insurers having different definitions for their European policies this will give those looking for the best rates on car hire cover a quick and easy way of tracking down policies which will best suit their needs. It will also help those who are looking for policies which might suit friends and relatives coming to the UK as the service now also displays particular features which apply to non UK residents.

Furthermore Moneymaxim are providing more information covering additional features car hire insurers offer. With insurers adding new benefits such as lost key cover, misfuelling cover and enhanced breakdown assistance the company wanted to make it easier for customers to quickly compare policies.

Mark Bower, Managing Director at http://www.moneymaxim.co.uk explains;

“Moneymaxim is proud to present the re-launch of the new and improved online car hire insurance comparison service.

“The new site contains more information than ever before allowing car renters to make the most of their search. Not only can people enjoy the new facilities and access in-depth policy details, but they can also receive a massive discount of up to 20% over insurer’s standard prices!

“This is great news for anyone looking to rent a car in the near future. All our services at Moneymaxim are aimed at helping consumers find great deals at fantastic prices and with a week’s car hire excess insurance in Europe costing from around £15 our car hire insurance service certainly delivers on that goal. Just compare that to the £100 or more that car renters can pay car hire firms for a week’s cover in many European destinations. The disparity is even more stark when compared to the seven annual policies offered through Moneymaxim priced at less than £40 which allow an unlimited number of rentals anywhere in Europe. “

All car hire insurance policies on the Moneymaxim website cover car hire excesses up to £2,000 although higher figures can easily be insured. The company recommend check car hirers check car rental terms and conditions for the exact amount of excess cover required.

Unlike excess policies offered by the vast majority of car hire companies, all listed policies on Moneymaxim.co.uk cover damage to the rental cars wheels, tyres, glass, roof and underbody.

The car hire comparison service also enables users to search for both excess insurance and full Collision Damage Waiver and Liability Insurance products. This allows car renters to have access to a range of fully comprehensive products best suited to their needs.

The technology used is also utilised for Moneymaxim’s car hire comparison service which is the only website in the UK that allows car renters to compare both car hire prices and car hire insurance all within one single search.

This is not only a leading service online, but offline as well. A friendly and helpful customer service team is readily available to address any queries users might have.

Notes for editors

About moneymaxim.co.uk: Launched in 2008 by Mark Bower moneymaxim.co.uk aims to deliver an impartial and independent service both online and through telephone money saving specialists.

Details of car hire excess insurance rates around the world can be obtained from moneymaxim.co.uk

Visit: http://www.moneymaxim.co.uk for more money saving advice and information. The website won The Best Niche Insurance Aggregator Award 2010 from The Money Awards.

For more information contact: Dale Lovell, Search News Media, on 0845-200-1445. E-mail: dlovell@searchnewsmedia.co.uk

Article source: http://finance.yahoo.com/news/moneymaxim-launch-updated-car-hire-070000359.html

Insurance companies paid out $479 million in dog bite claims across the country in 2011

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Dog bites man does not get a lot of attention in the news, but it costs insurance companies hundreds of millions in claims every year.

State Farm Insurance, one of the nation’s largest home insurers, paid more than $109 million on about 3,800 dog bite claims nationwide last year, spokesman Eddie Martinez said Wednesday. In 2010, there were about 3,500 claims and $90 million in payouts.

The Insurance Information Institute estimated that nearly $479 million in dog bite claims were paid by all insurance companies in 2011, spokeswoman Loretta Worters said. In 2010, it was $413 million.

It’s no surprise that California — home to more dogs and people than any other state — led the way in 2011.

Martinez says 527 claims were filed in California and victims received $20.3 million, a jump of 31 percent over 2010.

State Farm is still working to determine reasons for the spike, Martinez said.

About 4.7 million people are bitten by dogs each year and more than half of the victims are children, the Centers for Disease Control and Prevention said. About 800,000 people seek medical attention for the bites. Less than half of those people require treatment and about 16 die, the agency said.

After children ages 5 to 9 years old, the agency said that seniors represent the largest group at risk, followed by letter carriers.

Nationally, about 5,600 U.S. Postal Service letter carriers were attacked by dogs each of the last two years, said Los Angeles spokesman Richard Maher.

In California, a carrier was attacked in March and died of complications four days later after she suffered a stroke likely caused by trauma, Maher said.

Los Angeles carriers recorded the most bites with 83; San Diego was second with 68; followed by Houston at 47; and Cleveland at 44.

Medical expenses from dog attacks cost the Postal Service just over $1 million last year, officials said.

The third full week each May is National Dog Bite Prevention Week and State Farm, the U.S. Postal Service, the American Veterinary Medical Association and CDCP release dog bite statistics and launch campaigns to promote dog safety.

Despite the large number of attacks on letter carriers, the Postal Service decided to focus on children for their campaign because a child is 900 times more likely to be attacked than a letter carrier, Maher said.

Heredity, training, socialization, health, and the behavior of humans around it can all contribute to a dog’s tendency to bite, Martinez said.

The ASPCA predicts half of all children in the United States will be bitten by a dog before 12. The majority of bites will be from the family dog or the dog of a neighbor or friend.

People across the country own about 78.2 million dogs, according to the American Pet Products Association.

State Farm’s figures listed the top 10 states by number of claims, claims paid and claim average.

California was tops in the first two categories, then came Illinois, 309 claims, $10 million; Texas, 219 claims, $5.1 million; and Ohio, 215, $5.4 million.

At the bottom of the claims per state list were Maine, New Mexico, Montana, Hawaii and South Dakota, Martinez said.

The average cost per claim nationally in 2011 was $28,799, Martinez said.

California had a per-claim average of $38,500 but New York came in first because the company paid an average of $45,900 per claim there. Michigan was second with an average $38,700 per claim.

In 2010, California led the way with 369 claims and total payouts of $11.3 million. But the average cost per claim in the state was $30,000, placing it second behind Florida, where the average cost per dog bite claim was $38,400. Florida had 146 claims for a total of $5.6 million.

There are ways to help a child avoid dog bites, the ASPCA says.

A youngster should never stare into a dog’s eyes, tease a dog, approach a chained dog, touch an off-leash dog, run or scream if approached by a loose dog, play with a dog while it is eating or touch a dog while it is sleeping. If a loose dog comes close, children should stand very still and be very quiet. Always ask a dog’s owner for permission to pet it and let the dog sniff your closed hand before you start touching it.

Article source: http://www.foxnews.com/us/2012/05/16/leading-insurer-pays-10m-for-dog-bite-claims/

Survival guide for the uninsured

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Image: Doctor © Biddiboo, Photographer's Choice, Getty Images

One out of four working-age adults in the United States experienced a period without health insurance during 2010, the latest year for which statistics are available, according to the national Centers for Disease Control and Prevention (.pdf file).

The youngest U.S. workers were the most likely to be uninsured. Among adults aged 19 to 25, 41.7% went without coverage for at least part of 2010.

The CDC said:

● More than 60 million U.S. residents of all ages lacked health insurance for at least part of the year.

● Nearly 50 million were uninsured at the time they were interviewed.

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Health insurance horror stories

● Nearly 36 million had been uninsured for more than a year at the time of their interviews.

That’s a whole lot of people exposed to catastrophic losses if they get sick or injured.

Insurance exchanges that could help more Americans find affordable health coverage and tax credits to help most of them pay for it are more than a year away — that is, if the Supreme Court doesn’t gut the health care reform law that would create them in 2014.

Liz Weston

Liz Weston

But some reforms that have already been implemented may help you find coverage — or keep you from losing the health insurance you have. Even if you can’t get insurance, there are ways to still get care.

Four major changes that have already happened:

The end of rescission. Insurers can no longer drop you when you get sick and start costing them real money. Before the ban, the staff of the House Committee on Energy and Commerce found that three large insurers rescinded almost 20,000 policies over five years, saving the companies $300 million in medical claims.

The end of lifetime caps on coverage. If you have health insurance, you don’t have to worry that an illness or accident will leave you exposed to bankrupting bills because your expenses exceed a policy’s limit. Before the change, 105 million Americans had policies with lifetime caps.

Young adults can get coverage through their parents. People under 26 can be added to or remain on their parents’ policies. Before health care reform, insurers could remove children from their parents’ policies when they turned 19. The ranks of uninsured young people have shrunk by 2.5 million people since the change, according to the U.S. Department of Health and Human Services.

The creation of high-risk pools. These pools, formally called pre-existing condition insurance plans, make health coverage available to people who would otherwise be uninsurable. To get coverage, an applicant:

  • Must be a U.S. citizen or legal resident,
  • Must have been denied health insurance because of a pre-existing condition,
  • And must have been uninsured for at least six months.

The pools were expected to help two million people get coverage, said Carolyn McClanahan, a doctor and certified financial planner with Life Planning Partners in Jacksonville, Fla., but they’ve gotten off to a very slow start. After only 22,000 people signed up, premiums were lowered by as much as 40% last May, and the federal government began offering commissions to insurance agents to sell the plans.

“Now they’re paying insurance agents to talk about this,” said McClanahan, who noted enrollment is now more than 56,000.

The details of the plans vary by state, but a 50-year-old living in San Francisco would pay $428 a month for a medical plan with a $1,500 deductible. In Florida, which offers three coverage options, the maximum monthly premium for a 50-year-old is $363.

You can start your search for a high-risk pool at HealthCare.gov.

Article source: http://money.msn.com/health-and-life-insurance/survival-guide-for-the-uninsured-weston.aspx

Long-Term Care Insurance Set to Expand Rapidly as an Employee Benefit

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The private sector is gearing up to protect millions in the workplace, according to a special report from EraNova Institute. Up until now, long-term care insurance has not been one of the most popular employee benefits. That’s about to change, insiders say.

Mountain Lakes, NJ (PRWEB) May 16, 2012

Today the EraNova Institute announces the publication of a special report, The LTC Benefit Battle. Based on interviews with leaders in the insurance, healthcare, and employee benefit fields, the report discounts fears that long-term care insurance (LTCI) as an employee benefit might be on the brink of declining.

“It’s true that some carriers have withdrawn from the group LTCI market,” says Richard W. Samson, author of the report and Director of EraNova. “What’s actually going on is not the death of the benefit but a struggle for dominance between two types.” One type, known as true group, may indeed be losing ground, he explains, but the second type, multi-life, is coming on strong. “And plenty of carriers offer it.”

With multi-life LTC insurance, there is no master policy; individual policies are issued to each insured member, and there is generally greater flexibility in policy design. “It’s a newer form and very much in tune with the times,” says Samson. “That’s why the future for it seems so bright.” Another factor is Washington’s decision to halt implementation of the CLASS Act, a public option for LTCI that was part of the Affordable Care Act. “Now we need to rely totally on the private sector. Multi-life offers the best solution for millions.”

The 12-page report documents a large market potential for multi-life based on its value to all parties. For employees it protects earning capacity as well as retirement assets. For employers it bolsters productivity of an aging workforce. For Uncle Sam and the states, it reduces reliance on Medicaid to pay for care.

The report may be of special interest to employee benefit brokers, human resource managers, executives and company owners, association and non-profit directors, government officials (health and human services), long-term care providers and long-term care insurance carriers, agencies and agents.

Leaders quoted in the report include –

  • Eric Cantrell, President CEO of Collateral Benefits Group, a full-service benefit service organization that helps companies meet their employee benefit program goals.
  • Frank J. Fimmano, Senior Vice President, Elective Benefits Practice for Aon Hewitt, a global leader in human resource and benefits solutions.
  • James M. Glickman, President and Chief Executive Officer of LifeCare, which develops, administers, and reinsures long-term care insurance joint ventures.
  • Mark Goldberg, President of ACSIA® Long Term Care, Inc., a managing general agency that works closely with the long-term care insurance carriers.
  • Peter M. Goldstein, Executive Vice President of Univita Health, Inc., the largest LTC insurance administrator in the country and a national provider of assessments, complex care management and integrated home care services.
  • Bill Jones, President of MedAmerica Insurance Company, a carrier specializing in long-term care insurance.
  • Allen J. Schmitz, Principal and Consulting Actuary for Milliman, Inc., one of the world’s largest providers of actuarial and related products and services.
  • Cameron Truesdell, CEO of LTC Financial Partners, LLC, a national agency specializing in long-term care insurance and education.
  • Brian Vestergaard, Vice President, Product Marketing, for LifeSecure Insurance Company, a provider of long-term care, hospital recovery, and personal accident insurance.

The report is now available exclusively to members of the Long-Term Care Insurance Guild (a service of EraNova), at http://ltcguild.ning.com/page/ltcbb. Non-members may order a copy by first joining the Guild (no membership fee for qualified applicants.)

A shortened version is scheduled to appear this summer in Employee Benefit Adviser, a leading trade journal for human resource and benefits decision makers as well as brokers, advisers and consultants. 

EraNova Institute — http://www.eranova.com/ — is a think tank specializing in business research and public relations.

For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/5/prweb9507741.htm

Article source: http://www.seattlepi.com/business/press-releases/article/Long-Term-Care-Insurance-Set-to-Expand-Rapidly-as-3561497.php

New Cheap Home Insurance Website Launched

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Not only are the best quotes on cheaphomecover.co.uk, but also the cheapest, meaning people do not have to come too far out of their comfort zone financially, and should be able to enjoy total peace of mind and security for just a small extra amount added to their outgoings each month.

(PRWEB UK) 16 May 2012

Home insurance may be an expense that many people feel they just cannot afford and would rather not spend out on each month, but it can be extremely important for peace of mind and also to provide financial protection if something happens to someones home.

Although many people try to be as safe as possible when it comes to their home, making sure it is always securely locked up, fitting fire alarms and burglar alarms, they cannot be completely certain that nothing will ever happen to it and if they have insurance this will at least make them feel more protected in case something does happen.

For anyone that owns their own home, they should look into insuring the entire property against fire, damage or theft. People spend a lot of money making their home just perfect for them, filling it with things that they love to make it the perfect home for themselves and their family and should anything happen to it they will want to get back to normality as soon as possible. With a great insurance plan this will be possible quickly and mean that they don’t have to worry about getting the money together to rebuild what they had already put in place for themselves. Without insurance this could be a long process and may involve simply starting again, which could be the most difficult part of suffering damage to a property.

Even for people that just rent, protecting their belongings is important and will mean that they are able to get their life back in order as quickly as possible. From simple things such as clothes and DVDs, to the larger elements such as electricals and white goods, they will be able to get their home back to normal and feel happy and secure again. If they work from home, or have any expensive items in their home, being able to claim them back on the insurance and buying new things as soon as possible will protect them from having to change their life too radically in case of theft or fire, and will give them back their security.

There are plenty of home insurance options out there, though, and this can be mind boggling for anyone trying to find home insurance for the first time. They may not know exactly what kinds of insurance are available to them, or the range of prices their own situation can give them when it comes to insuring their home and everything in it.

Thankfully, now they can use http://www.cheaphomecover.co.uk, a website dedicated to helping people find the best quotes for them, in a short space of time, and allowing them to compare quotes and rates until they find something that they can afford and fits in with their financial situation. We have searched the web to find the best quotes available and by simply entering their details into our site people can come up with plenty of decent quotes in no time at all!

Not only are the best quotes on cheaphomecover.co.uk, but also the cheapest, meaning people do not have to come too far out of their comfort zone financially, and should be able to enjoy total peace of mind and security for just a small extra amount added to their outgoings each month.

Raman Kaur
Cheap Home Cover
0844 44 88 800
Email Information

Article source: http://news.yahoo.com/cheap-home-insurance-website-launched-111217122.html

Do you qualify for a discount?

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KIRKSVILLE, MO — For Wednesday’s Facebook Story of the day, our viewers wanted to know what you can do to lower your care insurance premium. While car insurance policies are pretty generic compared to other types of insurance, most people don’t even realize the discounts they qualify for.

“A couple different things that affect insurance premiums, the coverage that you have, deductibles, where you drive, what you drive, how old you are, your driving record, and even your credit history. So all those things are a factor in deciding what your insurance premium is. What we recommend is sitting down with a local agent. Each individual, each family is different, unique. But car insurance is pretty generic. So sitting down with someone who does this everyday can give you some insight and make sure we have the right coverage in place for you and your family,” says Kirksville State Farm agent Brian Maijala.

Other things that can give you a discount include young drivers with good grades, multiple cars, and packaging multiple types of insurance together.

It is also important to review your policy yearly as your policy is likely to change as you get older. You could qualify for more discounts or need different coverage.

Article source: http://www.heartlandconnection.com/news/story.aspx?id=754496

State intervenes to help Montana man not paid nearly 2 years after acing hole-in-one contest

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Troy Peissig’s surprise at acing an $18,000 hole-in-one contest at a charity tournament has been replaced by bitter disappointment now that he hasn’t been paid a dime nearly two years after making the 170-yard shot.

Now state authorities are intervening, and issued an arrest warrant last week against the operator of an insurance company they say failed to pay up on a policy purchased by the Missoula tournament.

Peissig, a scratch golfer, said it is a case of “how a good situation can go bad quickly.”

The Montana commissioner of securities and insurance said Kevin Kolenda of hole-in-won.com has been unresponsive in the case and now faces felony charges. The agency said Kolenda also has failed to pay in other cases around the country, and continues to operate the scam without a license to sell insurance even though he has been sanctioned by regulators in Alabama, Connecticut, Massachusetts, Nevada, North Carolina, and Washington.

Montana commissioner Monica Lindeen’s office said it is highly uncommon to file felony charges — with an arrest warrant — against an insurance company. Usually disputes on unpaid claims are handled with fines or other administrative actions.

But the Montana regulators said they moved aggressively in order to stop Kolenda from selling the insurance all over the country, despite not holding a license to do so.

“We want to make sure these companies aren’t getting a gimme when it comes to paying these claims,” said Lindeen, who suggested people check first with regulators that sellers of such insurance are licensed and registered with state authorities.

Kolenda did not return a call Tuesday from The Associated Press seeking comment.

In a letter Kolenda sent to the tournament sponsor denying the claim, he claimed the hole was too short and violated the 165-yard minimum in the policy contract. Kolenda referenced the 130-yard length noted on the Missoula Country Club’s standard score card.

But state investigators and local police determined the Missoula Country Club had indeed lengthened the hole for the tournament. Investigators said Kolenda ignored the witness statements and evidence provided by the tournament host.

Peissig had previously hit three hole-in-ones prior to stepping to the tee box on the 12th hole at the Missoula Country Club in August 2010. He had even nailed one on that exact hole.

The 30-year-old former golf teacher said there were “some ace rumblings” in his group before he hit the 7-iron shot — which landed a couple feet in front of the hole, checked up and rolled in.

“When I made that ace, I was stoked. I was pumped. That was really cool to have that happen,” said Peissig. “Then it all went south.”

The company failed to call the impartial judges to the shot for months, and then misrepresented their statements, Peissig said. The new father said the company even called him in early 2011 to say the money was on the way, only to send a rejection letter several months later.

“The money would be fantastic. My wife and I, we are a young family,” said Peissig, who isn’t counting on getting the money at this point. “At the same time, if there was a way for this hole-in-one company to not do this again to someone else, that would be just awesome.”

Article source: http://www.foxnews.com/us/2012/05/15/man-aces-hole-in-one-contest-but-doesnt-get-paid/

Job Prospects, Health Insurance and Student Loans Are Big Worries for College Students and Grads in 2012

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MOUNTAIN VIEW, CA–(Marketwire -05/16/12)-
According to a national survey sponsored by eHealthInsurance (EHTH), the leading online source of health insurance for individuals and families, this year’s college graduates are not likely to earn anywhere near as much as they think they need in order to be financially secure, and their expectations for getting employer-sponsored health insurance are unrealistic.

The survey, conducted in April 2012 by Kelton Research, found that this year’s college graduates may be in for a harsh reality check when they enter the job market. According to the survey:

  • Today’s college students estimate that they will need to earn an average salary of $81,600 per year after graduation in order to feel financially secure; however, former college students who had graduated in the past three years said that their first job out of college paid only $21,900 per year on average
  • More than eight-in-ten college students (82%) believe their first job out of college is likely to provide them with health insurance; however, nearly six-in-ten recent grads (59%) say that their first job out of college did not provide them with health insurance

The survey also revealed a high level of anxiety about student loans. A strong majority of both current students and recent grads would risk going uninsured rather than default on their student loan payments:

  • Among those with student loans, about six-in-ten current students (58%) and recent grads (62%) are afraid they won’t be able to pay their student loans at some point during their twenties
  • More than seven-in-ten current students (72%) and recent grads (75%) with loans say that they would rather go without health insurance than default on their student loans

Other survey findings on students’ and grads’ expectations for their careers and incomes include the following:

On Job Market Prospects

  • A majority of current college students (62%) are afraid they won’t find a job after graduation; more than half (54%) are afraid they won’t find a job in their chosen field
  • Six-in-ten recent grads (60%) say they have already run into trouble finding a job or are worried that they won’t find a job at some point in their twenties
  • When asked to identify “non-negotiable” employment benefits from a list, students (40%) and grads (38%) say they are more likely to pass on a job that didn’t offer health insurance than any other benefit
  • Over half (51%) of both current students and recent grads think it’s more important for new college graduates to take a job they may not like in order to get health insurance, rather than taking a job they like but that doesn’t provide coverage

On Income Expectations

  • While current students estimate they would need an average annual income of $81,600 in order to feel financially secure after graduation, recent grads say they would feel financially secure with an annual gross income of $61,800 on average
  • The survey suggests that current students don’t really expect to feel financially secure anytime soon, however: they expect their first job out of college will earn them an average annual salary of $37,100
  • Among recent graduates, women believe they need a substantially higher annual income ($80,300 on average) compared to men ($42,300 on average) in order to feel financially secure
  • Among current students, men expect their first job post-graduation to pay substantially more ($41,700 on average) than women envision ($32,200 on average)
  • Both of these are still substantially higher than the average $21,900 that recent grads report their first job out of college actually paid them
  • Parents of current students or recent grads believe their children should feel financially secure with an annual income of $54,200 on average

An analysis of survey results touching on these themes has been prepared by Kelton Research and is available for download through the eHealthInsurance Media Center.

The eHealthInsurance Survey of College Students, Grads and Parents was conducted by Kelton Research between April 13 and April 23, 2012, using an email invitation and an online survey. Kelton Research surveyed a sample of 271 full-time college students ages 18-30, as well as 255 recent college graduates ages 18-30 who are in the workforce now or seeking employment. Kelton Research also surveyed a sample of 550 parents with full-time college students or recent graduates.

To learn more about survey results and survey methodology, please refer to eHealthInsurance’s May 7, 2012 press release.

Additional Consumer Resources:

About eHealth
eHealth, Inc. (EHTH) is the parent company of eHealthInsurance, the nation’s leading online source of health insurance for individuals, families and small businesses. Through the company’s website, www.eHealthInsurance.com, consumers can get quotes from leading health insurance carriers, compare plans side by side, and apply for and purchase health insurance. eHealthInsurance offers thousands of individual, family and small business health plans underwritten by more than 180 of the nation’s leading health insurance companies. eHealthInsurance is licensed to sell health insurance in all 50 states and the District of Columbia, making it the ideal model of a successful, high-functioning health insurance exchange. Through the company’s eHealthTechnology solution (www.eHealthTechnology.com), eHealth is also a leading provider of health insurance exchange technology. eHealthTechnology’s exchange platform provides a suite of hosted e-commerce solutions that enable health plan providers, resellers and government entities to market and distribute products online. eHealth, Inc. also provides powerful online and pharmacy-based tools to help seniors navigate Medicare health insurance options, choose the right plan and enroll in select plans online through its wholly-owned subsidiary, PlanPrescriber.com (www.planprescriber.com) and through its Medicare website www.eHealthMedicare.com.

For more health insurance news and information, visit the eHealthInsurance consumer blog: Get Smart – Get Covered.

Article source: http://finance.yahoo.com/news/job-prospects-health-insurance-student-120000209.html

The insurance policies you don’t need

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By Jeanette Pavini

Award-winning broadcast journalist and author Jeanette Pavini writes the Buyer Beware column for MarketWatch. She wants to hear your stories, questions, problems and complaints. Write to her at
BuyerBewareMKTW@gmail.com

.

SAN FRANCISCO (MarketWatch) — We buy insurance to protect ourselves from liabilities or loss that would be far too expensive to cover on our own. But some policies really don’t offer protection and only add frustration. Which policies are worth paying a premium for?


Click to Play

Test your medicine-chest literacy

Advil or Tylenol for a headache? Antihistamine or decongestant for a terrible cold? Heating pad or ice pack for a sore back? Melinda Beck has a test of your medicine-chest literacy for treating common ailments. Photo: Mike Right.

Last week, I covered some of the top polices to skip and the ones to buy.
Read: Insurance you don’t need: Skip this, buy that.

But the list goes on. Here are a few more you may want to skip and some policies to make sure you get.

Maybe not

Critical-illness insurance: Most of these policies pay out a lump sum and may also offer a monthly payment for policyholders who are diagnosed with a critical illness.

The illness must be on the insurance company’s list of acceptable illnesses. There may be a requirement for the policyholder to survive a minimum number of days from diagnosis. Some policies may not cover outpatient treatments and illnesses that arise from the disease. The insurer may also have specific rules to determine whether a diagnosis is valid. Having a solid medical-insurance policy may be a better place to put your dollars.


Click to Play



Battle over student-loan rates

Extending the low interest rate on student loans
is a hot issue in the presidential campaign, but the impact of such a
proposal would be small, economists say. (Photo: Getty Images.)

Credit cards, credit scores and more

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• The credit cards with the best travel rewards


• When using cash is better than credit



Keep your credit scores from costing you


Save money on gas with credit cards


Shop with credit cards, earn bonus points

More Consumer Advice


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scam alerts

• Smartphones hike your risk of ID fraud


• Here’s how your grandma got scammed



How to spot debt collection scams


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Watch for ATM skimming


• Tips to avoid check fraud

/conga/personal-finance/consumer_seo.html
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Long-term-care insurance: This insurance is designed to help cover the costs if you eventually need long-term care. For folks with an average income or savings, it may make sense. For those with a lot of money or no money, it probably doesn’t. Low-income retirees likely can get Medicaid, which will at least pay the bills. Higher income retirees should try to save enough money in case they do need long-term care. Some policies may offer good coverage but it is expensive.
Read: Your retirement health-care tab will run $240,000.

Disability insurance: These policies can be costly and the coverage can vary. Most require a waiting period of a certain number of days you have to be disabled before you can receive your benefits. Still, about one-third of workers end up on the disabled list, out of work for three or more months, at some point in their careers, so it could be a good idea to find out what coverage you might — or might not — have at work. And these policies can be useful for self-employed people, but read the fine print to understand your coverage. Clarify the insurers’ definition of disability.
Read: How to pick a disability insurance plan.

Buy It

Life insurance: This insurance policy is a must for parents. There are several types of policies and you should meet with a licensed agent to make sure you get the policy that will best meet your needs and the needs of your family.

Earthquake and flood insurance: If you live in an area that is subject to these disasters you should try to take advantage of these policies. Your home is your largest asset. Earthquakes are not covered under standard homeowners or business-insurance policies. That said, earthquake insurance is costly. Flood insurance is provided through insurance companies that participate in the National Flood Insurance Program.

Tips to work with insurance companies

With insurance, the most common consumer complaint is delays in claim handling, according to the National Association of Insurance Commissioners. If you add in complaints related to denials and unsatisfactory settlements, that’s almost half of reported complaints.

Here are some basic tips if you run into problems:

  • File a formal complaint by going to
    this NAIC page

    . States use their complaint data and information from peers in other states to decide whether a particular company or practice is acting outside the law.

  • Check with your state insurance department to find a licensed insurance agent in your area. Call 1-866-470-NAIC or go to
    http://map.naic.org

     .

  • Ask friends for referrals of their insurance agents. Having an agent that knows you, your family and any personal situations will help in finding the best protection and policies for your specific needs. 

Jeanette Pavini is a regular contributor to various publications and Better.TV. She also is the national spokesperson for Coupons.com. Write to her at
BuyerBewareMKTW@gmail.com

.

Article source: http://www.marketwatch.com/story/dont-buy-insurance-you-dont-need-2012-05-16

Insurance.com’s ‘Uh-Oh! Calculator’ Shows That Traffic Violations Boost Auto Insurance Rates

Posted on by admin Posted in Insurance Cheap | Leave a comment


Foster City, CA May 15, 2012; Everyone realizes a ticket is likely
to increase your car insurance rates, but few drivers know by how much.
Insurance.com’s new “Uh-Oh! Calculator” tells you.

Insurance.com’s new interactive “Uh-Oh!
Calculator” allows you to compute the average percentage increase to
your auto insurance rate for 14 common violations. Our analysis reveals
that reckless driving is the most expensive violation among the infractions
we surveyed, with an average rate increase of 22 percent. At the other end
of the spectrum, driving without a seat belt triggers a relatively small 3
percent uptick.

Based on Insurance.com’s analysis of more than 490,000 auto
insurance quotes given to drivers, here’s how much common tickets will
impact your rates on average:

  • 1. Reckless driving: 22 percent
  • 2. DUI first offense: 19 percent
  • 3. Driving without a license or permit: 18 percent
  • 4. Careless driving: 16 percent
  • 5. Speeding 30 mph over the limit: 15 percent
  • 6. Failure to stop: 15 percent
  • 7. Improper turn: 14 percent
  • 8. Improper passing: 14 percent
  • 9. Following too close/tailgating: 13 percent
  • 10. Speeding 15 to 29 mph over limit: 12 percent
  • 11. Speeding 1 to 14 mph over limit: 11 percent
  • 12. Failure to yield: 9 percent
  • 13. No car insurance: 6 percent
  • 14. Seat belt infractions: 3 percent

“We all make mistakes, and doing so while driving will cost you. Of course,
you’ll know immediately how much you owe for your ticket, but often you
won’t know the impact of the ticket on your car insurance rate until you
get your renewal from your insurer,” said Michelle Megna, managing editor
of Insurance.com. “The ‘Uh-Oh! Calculator’ helps ease ticket
trauma by showing how much more you’ll likely pay.”

For more tailored results, use the “Uh-Oh! Calculator”
to enter your own age, type of dwelling, state, marital status, and length
of time you’ve been with your car insurance company. You can also see
how many points are commonly associated with each infraction as well as
other penalties levied under state laws.

See the full article,
“Ticket? Uh-oh! Auto insurance rate increases for common driving
violations” .

Methodology

Insurance.com analyzed more than 490,000 auto insurance quotes
provided to Insurance.com users from 14 carriers between January 2009 and
January 2011. We looked at quotes given to drivers with the 14 most common
infractions recorded and compared them to quotes given to drivers with no
violations. We used a model to estimate the annualized premium expected for
certain combinations of personal attributes (residence, state, time with
prior carrier, marital status and age) along with 14 violations. This
ranking is not inclusive of all possible driving violations. Rates shown
are averages; your own car insurance rates will depend on your personal
factors.

About Insurance.com

Insurance.com is a comprehensive resource of consumer insurance
information and data. The website features articles, news and tools on
auto, home, health and life insurance topics; life insurance quotes; and
guides to help consumers find cheap car insurance . Consumers have access
to free car insurance quotes and guidance on finding the right insurance
policy, saving money and solving claims problems. Insurance.com is owned
and operated by QuinStreet Inc. , one of the largest Internet marketing and
media companies in the world. QuinStreet is committed to providing
consumers and businesses with the information they need to research, find
and select the products, services and brands that best meet their needs.
The company is a leader in visitor-friendly marketing practices. For more
information, please visit QuinStreet.com.

Article source: http://www.theautochannel.com/news/2012/05/15/036256-insurance-com-s-uh-oh-calculator-shows-that-traffic-violations.html

Insurance.com's 'Uh-Oh! Calculator' Shows That Traffic Violations Boost Auto Insurance Rates

Posted on by admin Posted in Insurance News | Leave a comment


Foster City, CA May 15, 2012; Everyone realizes a ticket is likely
to increase your car insurance rates, but few drivers know by how much.
Insurance.com’s new “Uh-Oh! Calculator” tells you.

Insurance.com’s new interactive “Uh-Oh!
Calculator” allows you to compute the average percentage increase to
your auto insurance rate for 14 common violations. Our analysis reveals
that reckless driving is the most expensive violation among the infractions
we surveyed, with an average rate increase of 22 percent. At the other end
of the spectrum, driving without a seat belt triggers a relatively small 3
percent uptick.

Based on Insurance.com’s analysis of more than 490,000 auto
insurance quotes given to drivers, here’s how much common tickets will
impact your rates on average:

  • 1. Reckless driving: 22 percent
  • 2. DUI first offense: 19 percent
  • 3. Driving without a license or permit: 18 percent
  • 4. Careless driving: 16 percent
  • 5. Speeding 30 mph over the limit: 15 percent
  • 6. Failure to stop: 15 percent
  • 7. Improper turn: 14 percent
  • 8. Improper passing: 14 percent
  • 9. Following too close/tailgating: 13 percent
  • 10. Speeding 15 to 29 mph over limit: 12 percent
  • 11. Speeding 1 to 14 mph over limit: 11 percent
  • 12. Failure to yield: 9 percent
  • 13. No car insurance: 6 percent
  • 14. Seat belt infractions: 3 percent

“We all make mistakes, and doing so while driving will cost you. Of course,
you’ll know immediately how much you owe for your ticket, but often you
won’t know the impact of the ticket on your car insurance rate until you
get your renewal from your insurer,” said Michelle Megna, managing editor
of Insurance.com. “The ‘Uh-Oh! Calculator’ helps ease ticket
trauma by showing how much more you’ll likely pay.”

For more tailored results, use the “Uh-Oh! Calculator”
to enter your own age, type of dwelling, state, marital status, and length
of time you’ve been with your car insurance company. You can also see
how many points are commonly associated with each infraction as well as
other penalties levied under state laws.

See the full article,
“Ticket? Uh-oh! Auto insurance rate increases for common driving
violations” .

Methodology

Insurance.com analyzed more than 490,000 auto insurance quotes
provided to Insurance.com users from 14 carriers between January 2009 and
January 2011. We looked at quotes given to drivers with the 14 most common
infractions recorded and compared them to quotes given to drivers with no
violations. We used a model to estimate the annualized premium expected for
certain combinations of personal attributes (residence, state, time with
prior carrier, marital status and age) along with 14 violations. This
ranking is not inclusive of all possible driving violations. Rates shown
are averages; your own car insurance rates will depend on your personal
factors.

About Insurance.com

Insurance.com is a comprehensive resource of consumer insurance
information and data. The website features articles, news and tools on
auto, home, health and life insurance topics; life insurance quotes; and
guides to help consumers find cheap car insurance . Consumers have access
to free car insurance quotes and guidance on finding the right insurance
policy, saving money and solving claims problems. Insurance.com is owned
and operated by QuinStreet Inc. , one of the largest Internet marketing and
media companies in the world. QuinStreet is committed to providing
consumers and businesses with the information they need to research, find
and select the products, services and brands that best meet their needs.
The company is a leader in visitor-friendly marketing practices. For more
information, please visit QuinStreet.com.

Article source: http://www.theautochannel.com/F/news/2012/05/15/036256-insurance-com-s-uh-oh-calculator-shows-that-traffic-violations.html

Catholic university drops student health insurance, cites ObamaCare

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A Catholic university in Ohio said Tuesday it is being forced to end a student health insurance program over increased costs it claims are associated with President Obama’s contraception mandate and other provisions of the health care overhaul.

Franciscan University in Steubensville, Ohio, said it has so far excluded contraceptive services and products from its health insurance policy for students and will not participate in a plan that “requires us to violate the consistent teachings of the Catholic Church on the sacredness of human life.”

A university official told Fox News Radio the students’ basic $600 policy was going to double in cost in the fall and triple next year and that the school’s insurance provider said the increases were the result of the federal Patient Protection and Affordable Care Act. The school cited the contraception mandate, but also a requirement that the maximum coverage amount be increased to $100,000 for policyholders.

“This is putting people in a position where they are having to choose between their faith and their morality, and now an unjust cost,” said Mike Hernon, the school’s vice president of advancement. “These sorts of regulations from the government are forcing our hand in a way that’s really wrong.”

Another consequence is full-time Franciscan undergraduates will no longer be required to carry health insurance, starting in the fall 2012 semester. However, the employee health insurance program will remain unchanged.

“We encourage you to decide how you are going to provide for accidents or illnesses requiring visits to physicians, health clinics or the hospital emergency room while you are a student here,” the school said on its website.

Students now will likely have to be covered through their parents’ policy, though Reuters reported that fewer than 2000 of the school’s 2,500 students had been buying insurance from the university.

Existing student plans expire Aug. 15, and the changes begins in the fall 2012 semester.

The school said students playing inter-collegiate sports and studying for a semester in Austria will be covered under different plans.

The Obama administration continues to face a standoff by Catholic organizations opposed to its mandate that religious-based institutions like hospitals and universities provide birth control coverage in their insurance policies, though the administration said the cost could be shifted to the insurance companies for organizations with religious objections.

The Roman Catholic Church views use of contraceptives as morally wrong. Churches themselves already are exempt from the contraceptive coverage mandate.

Fox News Radio’s Todd Starnes contributed to this report.

Article source: http://www.foxnews.com/politics/2012/05/15/catholic-university-drops-student-health-insurance-cites-obamacare/

Congress threatens health services survey

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The survey provides data about who has health insurance so services can be directed toward specific people and places.

(CNN) — Americans needing health insurance or disability services could be overlooked by their local governments if a bill now being considered by the Senate passes. It would eliminate a survey that some call a vital source of information about health indicators of millions of Americans, but which House Republicans say is too expensive and raises privacy concerns.

It’s called the American Community Survey. The Census Bureau surveys about a quarter of a million Americans every month. Community officials, academics and businesses rely on this information to understand the markets they operate in and the needs of individual localities. The House last week passed a Republican-backed bill that would cut the survey altogether, citing costs and privacy issues.

The survey program, which reaches more than 3 million people annually, could cost taxpayers upwards of $2.4 billion over the next 10 years. Survey supporters say that isn’t much money in the grand scheme of government, but opponents say the survey is needless and unconstitutional.

“Given the intrusive nature of some of these questions, which are mandatory for Americans to answer under penalty of law, it would seem that these questions hardly fit the scope of what was intended or required by the Constitution,” Rep. Daniel Webster, R-Florida, told Congress last week.

But the American Community Survey is vital to state legislators, mayors, city councils and city planners, said Robert Moffitt, professor of economics at Johns Hopkins University in Baltimore. These officials need to know information such as how many families don’t have health insurance, how many people are living in poverty, and how many individuals are disabled, so that services can be directed toward the appropriate number of people in particular places, he said.

Academics who rely on the data for research have been particularly concerned about maintaining the survey, whose data is used in a wide variety of analyses.

“If you’re opposed to the survey, you’re opposed to understanding what’s going on in America,” said MIT economist Jonathan Gruber, director of the Program on Health Care Research at the National Bureau of Economic Research.

The poverty question is particularly important because in areas where poor families are concentrated, problems multiply, and community officials should know where those areas are, Moffitt said. High crime, health conditions and underperforming public schools are all consequences of poverty clusters, according to the Brookings Institution.

And with health insurance, as communities devise health insurance programs for those who are not covered, it’s useful to know exactly where the uninsured live and other facts about them, such as whether they are also unemployed, Moffitt said.

Gruber says the survey is probably the best source of data on health insurance coverage currently available. Health insurance markets are quite different across areas. The survey additionally allows researchers and policy-makers to look for trends among minorities. “If you want to do any local estimates, you need big samples, and that’s what the ACS gets you,” he said.

The Affordable Care Act, whose constitutionality will be decided by the Supreme Court, would require that everyone have health insurance. But irrespective of that, any state doing health care exchanges needs to know about the markets it’s operating in, he said.

In 2008 the American Community Survey began including questions about marriage — for instance, how many times people have been married, and whether they have been married, divorced or widowed in the previous 12 months. This could be used to zoom in on needs surrounding child care and child support for single-parent households, as well as to create and evaluate policies and initiatives relating to the institution of marriage.

The survey is also important to businesses. Joan Naymark, director of market analytics and planning at Target Corporation, said in a video on the Census website that her company uses Census Bureau data to see the characteristics of potential customers who live in communities throughout the United States. Target’s director of guest insight, Kate Whittingon, said in the video that Target looks at the American Community Survey for information about family structure and household size.

Educational attainment and workforce age are two statistics from the survey that are valuable to the Greater Houston Partnership, a nonprofit geared toward building economic prosperity in Houston.

As examples of the intrusiveness of the survey, Webster cited questions that ask if respondents have difficulty dressing, concentrating and making decisions, how long it takes them to get home from work, and what their emotional condition is. He also said that failure to answer the survey can result in a $5,000 fine.

But Martin Gaynor, professor of economics and public policy at Carnegie Mellon University, called concerns about privacy “very foolish.” “People volunteer all kinds of far more intimate, sensitive information online without a thought about who is watching,” he said.

And there’s a harsher penalty for Census Bureau employees who identify individuals filling out the surveys: five years in prison or $250,000 in fines, or both, according to the Census website. All employees take an oath of nondisclosure, and the information is kept private.

The American Community Survey has been administered since 2005. Before that, there was a long-form questionnaire that accompanied the general U.S. Census, which is given out every 10 years. “There was a general sense in the statistical community that there was a burden and people objected to it,” said Margo Anderson, professor of history at the University of Wisconsin-Milwaukee.

Supporters of the cost-cutting bill won the vote to kill the survey 232-190 in the House. But it’s far from being a law — the Senate hasn’t voted on it yet, and White House has suggested it would veto such a bill.

“I think the issue really is: The Republican House right now is looking for ways to cut the federal budget,” Anderson said.

“What’s likely to happen is: There’s now going to be a much more robust public debate about whether (cutting it) is prudent or not.”






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Article source: http://www.cnn.com/2012/05/15/health/american-community-survey/index.html?eref=rss_politics

Research and Markets: Commercial Insurance for Small Businesses Market Assessment 2012

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DUBLIN–(BUSINESS WIRE)–

Research and Markets (http://www.researchandmarkets.com/research/qqz69q/commercial_insuran)
has announced the addition of the “Commercial
Insurance for Small Businesses Market Assessment 2012″
report
to their offering.

This Key Note Market Assessment covers the market for commercial
insurance for small businesses in the UK. It examines the profitability
of the market for commercial insurance, with particular regard to
insurance for small businesses, as well as looking at trends within
premium rates.

This report outlines the principles involved in commercial insurance,
discusses the types of insurance offered and analyses trends between
2007 and 2011, both in the general insurance market and in the
commercial insurance market specifically. The figures Key Note has used
cover net written premiums, claims and the underwriting result.

Also provided is an international perspective of the insurance market,
as well as profiles of the leading commercial insurers to the UK market.
Key Note has also forecast likely trends in the market between 2012 and
2016.

Small businesses (for the purposes of this report, Key Note has used the
statistical definition which is defined as those which employ between 0
and 49 people) encompass in excess of 99% of all enterprises in the UK.
Therefore, small businesses dominate the commercial insurance market by
virtue of its size.

Economic recovery after the recession has proved to be slow and
faltering, at least in the UK. The legacy leftover from the financial
crisis has had a strong negative effect on the ability of small firms to
maintain cash flow, not least due to a severe lack of lending to such
enterprises from banks that were affected by the crisis. Small firms are
often the first to suffer in such conditions and some of the last to see
a recovery and, as such, times have been hard for small enterprises and
are likely to continue to be so for at least the immediate future.

Companies Mentioned

– ALLIANZ

– AVIVA

– AXA

– GROUPAMA

– RSA

– ZURICH

For more information visit http://www.researchandmarkets.com/research/qqz69q/commercial_insuran

Article source: http://finance.yahoo.com/news/research-markets-commercial-insurance-small-144900993.html

CHEAP INSURANCE ANNOUNCES INSTANT ONLINE INSURANCE QUOTES – PR

Posted on by admin Posted in Insurance Cheap | Leave a comment


Dobri’s Ratings
The real credit ratings…
Uncensored analysis commentary…

Article source: http://pr-usa.net/index.php?option=com_content&task=view&id=1185601&Itemid=32

Car black boxes could mean cheaper insurance for young drivers

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Cars in Northern Ireland are now being fitted with so-called ‘black boxes’ that could lead to cheaper car insurance for young drivers, the Belfast Telegraph can reveal.

And the company behind the initiative claims that the new ‘telematic’ technology — whereby a small device is installed in a vehicle — could see huge premiums slashed by up to 55%.

The encouraging news follows figures provided by the AA for the Belfast Telegraph which reveal that annual premiums for people aged under 22 have risen by almost 40% since 2010, and by 37% for those under 29.

Statistics supplied by the motoring body also show that young male motorists aged 17-20 years old now pay, on average, a staggering 3,515 per annum for a small car.

It also found that young men are being charged up to 51% more than their female counterparts (2,330) for insurance. The exorbitant costs for young drivers have come under increasing scrutiny, with industry experts urging people to shop around for the best deals.

Kerr Group Insurance, a local, family-run broker, recently completed a year-long pilot scheme using black box technology with existing customers.

Following a successful outcome, the firm — which is the first in Northern Ireland to use this telematic driver information in practice — began offering lower premiums earlier this month.

“The price of car insurance is a hot topic, particularly for the 17-25 age group where insurance premiums have risen by more than 46%,” said Roland Kerr, the firm’s managing director. “Although the specific reasons for this increase vary, the single largest reported factor is the high frequency of road accidents involving young people.”

Insurance companies normally depend on parameters such as age and experience to determine the level of risk and thus calculate the cost of car insurance.

However, telematic technology allows each motorist’s driving behaviour to be monitored, including their speed, braking and acceleration.

“Every case is different, but a typical young driver could save between 35-55% on a standard insurance premium,” Mr Kerr added.

“We believe this solution will offer a more attainable level of premium for safe drivers and enable more young drivers to afford to keep a car on the road.”

Black box technology is expected to play a role in ending the illegal practice of ‘fronting’, according to industry experts.

The practice occurs when a lower risk driver, such as a parent, insures a vehicle in their name, although it will be primarily driven a higher-risk driver.

Fronting can invalidate a policy, leaving the driver uninsured after an accident and liable for the full cost of repairs to each vehicle, as well as any personal injury awards made in court.

By using the technology to track individual drivers, the broker can more accurately assess the primary user of the vehicle at the same time as moderating the driving behaviour of young drivers.

Fewer than 10% of private cars are currently equipped with black box devices, but the AA said it expects this figure to rise to 50% over the next decade.

An investigation by the Office of Fair Trading recently found that car insurance cover was around 11% higher in Northern Ireland than in the rest of the UK.

Case Study

‘Device focused me on good habits’

Chris Rodden, from Limavady, was one of the first young drivers on the trial scheme over the last 12 months with Kerr Group Insurance.

The 19-year-old student’s car insurance would have been 6,431, but it cost 2,900 — a whopping 55% less — after he agreed to have a black box fitted to his Renault Clio.

His policy also covers his 17-year-old brother Matthew.

He said: “At first, I thought it would be like having ‘Big Brother’ watching me, but finding affordable insurance had been a struggle so it seemed a reasonable compromise to have the box installed.

“At the start I was a little bit annoyed about having it in the car, but after the first week I realised it was helping me maintain the good habits I had learned when I first started to drive.

“It also made me realise that driving recklessly doesn’t benefit anyone in the long-term because any sort of accident or mishap when driving is just going to raise the price of your insurance.

“It has helped me focus on driving safely, my insurance costs me less and my parents know I’m driving responsibly when I’m out on my own.

“The Renault Clio is my first car and the original quote to insure just me was 5,623, but that was reduced to 2,000 with a black box.

“However, my 17-year-old brother Matthew, who is a first-time driver, has also been put under my name on this car. That brought the cost of the policy up to 2,900, instead of 6,431 (without a black box), which I still think is a pretty good deal.”

Analysis

Take TV ad opera singer’s advice

By Claire McNeilly

If you haven’t changed your car insurance provider for a couple of years, you are probably paying far too much.

Rather perversely, we seem to live in a world where customers are penalised for their loyalty rather than being rewarded for it.

But there will always be bargains to be had as companies chase down elusive new clients.

It happens in supermarkets, fitness centres, banks.

But nowhere is it more evident than in the cutthroat world of car insurance, where so-called roll-over contracts tie us into agreements we might not have renewed had we had a choice.

Of course we do have a choice, but it’s so easy to forget to check the available options in time as the end of a contract creeps up. And it doesn’t help if the insurance company doesn’t warn us in advance. But why should they?

It hardly makes commercial sense to alert customers to an escape route.

Sometimes we only find out our premiums have risen — by up to 200 a year in some cases — when the monthly direct debit goes into overdrive.

By then, of course, it’s too late to get out of the new contract — because then there will be a cancellation fee of around 100 to contend with.

The good news is that more firms are insuring Northern Ireland motorists than ever before.

Comparison websites such as moneysupermarket.com, gocompare.com and confused.com are invaluable tools.

Get quotes from them before approaching an insurer or broker independently; you’ll be astounded at the savings. If the insurer wants your custom they will often match the cheapest quote. It is a lucrative enough business without us adding unnecessarily to its bulging coffers.

So take that irritating, mustachioed opera singer’s advice and go compare.

Article source: http://rss.feedsportal.com/c/845/f/10739/s/1f5a7ea6/l/0L0Sbelfasttelegraph0O0Clifestyle0Cmotoring0Ccar0Eblack0Eboxes0Ecould0Emean0Echeaper0Einsurance0Efor0Eyoung0Edrivers0E161582260Bhtml0Dr0FRSS/story01.htm

RI governor signs order to recognize same-sex marriages performed out of state

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Rhode Island’s governor on Monday declared that the state will recognize same-sex marriages performed elsewhere, giving gay couples the same rights as heterosexual ones when it comes to health insurance and a slew of other benefits.

The order signed by Gov. Lincoln Chafee in a Statehouse ceremony directs state agencies to recognize marriages performed out of state as legal and treat same-sex married couples the same as heterosexual ones.

Some gay couples married outside Rhode Island — where civil unions are allowed, but gay marriage is illegal — have not been afforded certain rights because state law is not clear on the subject.

In 2007, then-Attorney General Patrick Lynch issued an opinion in favor of recognizing out-of-state same-sex marriages, but it was nonbinding. Chafee said his signing of the executive order is “following through” on that opinion.

The executive order is expected to have many real-world implications. Same-sex spouses of state employees and anyone covered by an insurance company regulated in Rhode Island will be entitled to health and life insurance benefits, gay rights advocates say.

Both partners in a same-sex couple will be able to list their names as parents on a child’s birth certificate, and same-sex couples will be entitled to sales tax exemptions on the transfer of property including vehicles.

Speaking to an audience that included many gay married couples who cheered loudly when Chafee entered the room, Martha Holt Castle described the disappointment that she and her wife, Patricia, felt when they weren’t able to list both their names on their son’s birth certificate when Martha gave birth to him in 2010. They were married in neighboring Massachusetts.

“I was devastated,” she told The Associated Press before the ceremony. She said Patricia ultimately became the boy’s legal parent through what’s known as a second-parent adoption.

“For our next child, we won’t have to go through the same kind of turmoil,” she said.

Six states — all in the Northeast except for Iowa — and the District of Columbia have legalized gay marriage. Thirty states have adopted a ban on it.

A spokesman for the state chapter of the National Organization for Marriage, which opposes same-sex marriage, said in a statement that his group is deeply concerned about Chafee’s action.

“To issue an executive order recognizing same-sex marriage flies in the face of the clearly expressed actions of the legislature and the people,” said Christopher C. Plante, regional coordinator for the group.

Fierce opposition from some people last year prompted the Legislature to abandon a bill that would have legalized gay marriage and approve civil unions instead. Plante also said it appears Chafee is trying to override a 2007 high court ruling that a lesbian couple married in Massachusetts could not get divorced in Rhode Island because state law only contemplated divorce between a husband and wife.

Ray Sullivan, campaign director of the group Marriage Equality Rhode Island, which supports gay marriage, called the executive order “significant” and “bold.”

“It’s important because all families deserve equal protection and recognition under the law,” he said. “Gov. Chafee, by doing this today, is affirming that idea.”

Sullivan said that because there hasn’t been clarity on whether the state recognizes gay marriages performed elsewhere, some state agencies “haven’t done the right thing.”

Chafee called his order an important step but said he would continue to press for Rhode Island to enact gay marriage.

“We’re overdue, way overdue,” he said.

Chafee said President Barack Obama’s announcement last week that he now supports gay marriage is positive momentum. But he said he did not expect gay marriage to pass in Rhode Island this legislative session.

Article source: http://www.foxnews.com/us/2012/05/14/gov-ri-recognizing-out-state-gay-marriages/

Ill. governor mulls executive order on exchange

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CHICAGO (AP) — Illinois Gov. Pat Quinn may use an executive order to establish a health insurance exchange, a website where consumers could comparison shop for insurance that’s a key piece of President Barack Obama‘s health care law, according to Quinn’s chief health care adviser.

Michael Gelder, the governor’s adviser, said the Legislature’s workload on Medicaid and pension reform makes it unlikely lawmakers will be able to pass legislation authorizing an insurance exchange during the current session, which is scheduled to end later this month.

Looming federal deadlines leave the governor with two choices: calling the Legislature back into special session or issuing an executive order, Gelder said.

But Republicans said an executive order would be inappropriate, especially before the U.S. Supreme Court rules on the Affordable Care Act. A decision is expected in June.

“The issuance of an executive order to establish a health insurance exchange by Gov. Quinn at this time is premature on a number of levels,” said Sen. Bill Brady, a Bloomington Republican who co-chaired a legislative study committee on the health insurance exchange. “We expect the U.S. Supreme Court to issue a ruling on Obamacare in just a few weeks.”

An executive order would undercut the legislative process and cut out stakeholders who’ve been involved so far, Brady said.

“There is no consensus, but the governor should let that process play out,” he said.

An executive order is needed, Gelder said, to secure federal grants and meet a deadline to prevent the federal government from running an insurance exchange in Illinois. States have a Jan. 1, 2013, deadline for Washington to approve their plans or risk the federal government coming in to run things.

Only two states have established insurance exchanges by executive order: New York and Rhode Island. Another 10 states and the District of Columbia have passed laws establishing exchanges since Obama signed the law. Massachusetts also has a state-run health insurance exchange.

Last fall, an Illinois legislative study committee failed to form a bipartisan consensus about how the exchange would be governed. An executive order could address that.

Brian Imus of the nonpartisan Illinois Public Interest Research Group said Quinn should use Rhode Island’s executive order as a model rather than New York’s because it includes more consumer protections and rules against conflicts of interest. Rhode Island Gov. Lincoln Chafee’s executive order sets up a governing board free of insurance industry members, for example.

“Rhode Island is just much more proscriptive and makes clear that the governing board has representatives of consumers and small businesses,” Imus said.

An executive order could create a governing structure, but legislation still would be required to set up ways to pay for the exchange.

The state-based health insurance exchanges are meant to create more competition and reduce administrative costs as they offer one-stop shopping for health coverage. They are a linchpin to expanding coverage under Obama’s health law.

Illinois officials estimate nearly 800,000 uninsured residents will get public or private health insurance through the exchange in 2014, climbing to more than 1 million by 2020.

Most people buying insurance through the exchanges will likely be eligible for taxpayer-financed subsidies, and the exchanges will help people who qualify enroll in Medicaid. Participating insurance plans would have to take all applicants, regardless of prior health problems.

The Illinois exchange could even include a calculator that could determine a consumer’s insurance cost after their tax credit.

Article source: http://news.yahoo.com/ill-governor-mulls-executive-order-exchange-194521835–finance.html

R Street Institute, Heartland Insurance Spin-off, ‘Will Not Promote Climate Skepticism’

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Heartland Institute

WASHINGTON — The Heartland Institute’s insurance research project, formerly the Center on Finance, Insurance and Real Estate, which on Friday announced its split from Heartland, “will not promote climate change skepticism,” according to Ray J. Lehmann, the project’s director of public affairs.

The departure comes just a week after the institute launched a radical attack on climate science in the form of a billboard campaign that compared a belief in global warming to the psychology of mass murder.

Lehmann wrote in an email to personal contacts that the renamed group, the R Street Institute, will continue to focus on “catastrophe insurance, regulatory transparency, credit union deregulation, reform of the National Flood Insurance Program and federal crop insurance, ending environmentally destructive subsidies, [and] reevaluating public health risks.”

The letter then adds, “one thing that will certainly change from ending our association with Heartland: R Street will not promote climate change skepticism.”

The announcement is part of a larger defection from Heartland that kicked off in the wake of the launch of its Chicago billboard, which featured Ted Kaczynski, aka the Unabomber, along with the words, “Do you still believe in global warming? I do.”

On Monday, following pressure from a coalition of groups that includes Forecast the Facts, Sierra Club, 350.org, SumOfUs, the League of Conservation Voters and Greenpeace, pharmaceutical maker Eli Lilly (LLY), BBT Bank (BBT) and PepsiCo (PEP) confirmed that they will cease to fund the Heartland Institute.

Other sponsors that have jumped ship are the United Services Automobile Association, beverage giant Diageo (the parent organization to Guinness, Smirnoff, Johnnie Walker and Moet Chandon) and automobile insurance company State Farm, which said in a simple statement on Tuesday, “State Farm is ending its association with the Heartland Institute. This is because of a recent billboard campaign launched by the Institute.”

The full letter from Lehmann follows:

As you may or may not be aware, Eli Lehrer, Deborah Bailin, Christian Camara, Julie Drenner, Alan Smith and myself will be leaving the Heartland Institute, effective May 31.

On June 1, we in the former Center on Finance, Insurance, and Real Estate will be launching a new, independent nonprofit educational foundation (“think tank”) that will be known as the R Street Institute, or just simply “R Street.” We will initially be working on much the same portfolio of issues we already have been — catastrophe insurance, regulatory transparency, credit union deregulation, reform of the National Flood Insurance Program and federal crop insurance, ending environmentally destructive subsidies, reevaluating public health risks — but that group of issues may grow as we build our project.

We will continue to operate out of the same offices here in Washington, D.C., and we will continue to have the same operating mantra of “deep focus, broad coalitions and rapid response” to guide our work.

There is one thing that will certainly change from ending our association with Heartland: R Street will not promote climate change skepticism.

I hope to continue to work with any and all of you as R Street rolls out. We are in the process of building our web site and product portfolio and should have more details about both in the weeks ahead.

Earlier on HuffPost:



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Article source: http://www.huffingtonpost.com/2012/05/14/heartland-institute-climate-r-street-institute_n_1515746.html?ref=mostpopular

Cornelis Matthiesen

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Car Insurance Comparison Sites Takes Number of Insurers Compared to Over 120

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Car insurance website aims to provide car owners with access to as many providers of car insurance as possible.

Stoke on Trent, Staffordshire (PRWEB) May 14, 2012

Car Insurance Comparison Sites is a price comparison website that aims to provide car owners with on-line access to as many car insurance companies as possible. That could give the customer every opportunity to obtain one of the best deals possible in the highly competitive car insurance market place. In the current economic climate any saving that can be made is most welcome.

K9 Media Ltd own and run the website in parallel with a number of other very successful insurance based price comparison websites that they have operated since 2008. Many satisfied customers have obtained their car insurance through Car Insurance Comparison Sites.

Andy Biggs, founder and CEO of K9 Media Ltd, said “Car Insurance Comparison Sites may not currently be as well known as some other price comparison car insurance sites that advertise on television, cable and radio but, now with access to over 120 car insurers, we continue to move in the right direction. We have seen a steady, measured growth in the number of car insurers that our website, via our partner, provides access to.

“Our customers will be re-assured to note that the car insurance companies that they can access through this site are FSA approved. Many of our customers are, quite naturally, price sensitive but the feedback that we also receive from a significant number of them is that they also appreciate having a quality product that provides them with the benefits that they require.”

Andy Biggs added, “We are aware that, in this hectic world that we live and work, leisure time is at a premium. People do not want to spend hour after hour shopping around either in the high street, on the phone or on the internet getting dozens of quotes for car insurance and then reading through the features, benefits and optional extras of every one.

“Car Insurance Comparison Sites provides on-line access, via our partner, to a quotation request form that is both simple and quick to complete that will compare car insurance from over 120 companies to provide a tailored list of potential insurers that meet your requirements. Once you have made your choice of provider you can either complete the rest of the process on-line or do so on the telephone directly with the insurance company-so, within minutes you can have the cover you require. “

About Car Insurance Comparison Sites

Car Insurance Comparison Sites, through its price comparison website, provides access to over 120 car insurance companies to give you an excellent opportunity of obtaining one of the best deals available in what is a highly competitive market-place.

K9 Media Ltd, who operate and own this website, have many years experience of running other successful insurance based price comparison websites.

For more information visit http://www.carinsurancecomparisonsites.com

Andy Biggs
Car Insurance Comparison
+44 796 000 3186
Email Information

Article source: http://news.yahoo.com/car-insurance-comparison-sites-takes-number-insurers-compared-070324679.html

Be wary of the American Psychiatric Association

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The American Psychiatric Association (from which I resigned in protest, some time ago) is at it again—making up, then retracting, new diagnoses that their committees generate and debate.  It’s as if though those committees have some sort of microscope trained on humanity, identifying new pathologies and yelling, “Voila!  We have found another illness!  Behold the mind malady on the slide!”

In this case, while preparing to publish its big seller (and huge profit center), the Diagnostic and Statistical Manual of Mental Disorders V (DSM-V)—organized psychiatry’s compendium of known psychiatric illnesses—the powers that be at the APA have decided to remove from its latest revision of the manual a few diagnoses they thought they would include:  “attenuated psychosis syndrome” and “mixed anxiety depressive disorder.” They are, however, sticking with their notion of jettisoning from the DSM-V, the diagnosis of Asperger’s Syndrome, while picking up one they call, “Autism Spectrum Disorder.”

This would be really funny, if it weren’t really dangerous.  The DSM-V will be used by hundreds of thousands of clinicians who may think that they are understanding their patients better, or treating them more expertly, by labeling them with one of 300 or so disorders listed in it, then matching medications to those supposedly genuine labels.  But those labels aren’t driven just by science, but by political, economic and commercial forces within the American Psychiatric Association that may have nothing to do with the wellbeing of patients – or with reality.  

The labels in the DSM-V (like the Diagnostic and Statistical Manuals that came before it) have really become little more than the roadmap by which psychiatrists chase both insurance reimbursement and applause from special interest groups who lobby—sometimes very effectively—for one diagnosis to be included, or another to be removed.  

See, without a numbered diagnosis—such as number 312.30 Impulse-Control Disorder Not Otherwise Specified or number 307.47 Nightmare Disorder (formerly Dream Anxiety Disorder)—insurance companies won’t write a check to social workers, psychologists or psychiatrists who help people who have terrible outbursts or can’t sleep.  Without a numbered diagnosis, pharmaceutical companies can’t get an FDA indication to use a particular medicine for that diagnosis.  And without a numbered diagnosis, psychiatric wards can’t get paid to treat patients who hear voices or see visions or are dependent on heroin.

Never mind that splicing and dicing the range of human experience into a recipe book of contrived illnesses does damage to the miraculous healing power of empathy, which just happens to be psychiatry’s birthright.  Never mind that creating aconstantly-evolving dictionary of disorders wrenches the wonderful tools of psychotherapy and psychiatric medications into a realm of fiction that can paralyze them—like, for instance, the time that the American Psychiatric Association removed Ego-Dystonic Homosexuality from the DSM, essentially making the case that people who have sexual impulses they themselves dislike and wish to resist need no help at all and are pretty much normal.  Similarly, now, for those with Asperger’s Disorder, which no longer exists as a distinct entity because someone on some committee convinced other people on that committee that it just doesn’t.  

So, there.  Take two of those, and call me in the morning.

Mind you, this is the same organization purporting to represent American psychiatrists while refusing to say just what percentage of those psychiatrists belong to it.  It is the same organization that has presided over the near decimation of insight-oriented psychotherapy—still far-and-away the best technique, in capable hands, that we have to truly heal those suffering with mental disorders.

We in America face an epidemic of fiction—manipulations of the truth on a scale never before known, fueled by technology and media.  This epidemic threatens to rob us of ourselves—what we truly think and truly feel and truly know as fact.  And this epidemic has clearly infected the American Psychiatric Association, which puts them on the wrong side of Truth, and puts patients at needless risk.

Dr. Keith Ablow is a psychiatrist and member of the Fox News Medical A-Team. Dr. Ablow can be reached at info@keithablow.com.

Article source: http://www.foxnews.com/health/2012/05/14/be-wary-american-psychiatric-association/

Health insurance a life changer for Danville women

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Rosetta Jones, 62, lost 47 pounds and no longer has to walk with a cane, as exercise improved her knees over the past two years. Now, she dances and never misses her work-out times with daughter Kim Berly, 41, at Curves on Trade Street.

“I’m happy with myself now,” Jones said. “My insides are happy and I just feel good.”

Berly’s high blood sugar put her on the brink of a diabetic coma, doctors said when they diagnosed her and removed her thyroid. Now, she’s lost more than 30 pounds and wants to drop weight so she can stop taking so many pills and to be around to see her kids and grandkids grow up.

“Diabetes is nothing to play with,” Jones added. “And you know what makes it real bad? Your weight.”

Jones, who lives on disability benefits, and her daughter, who is a mother back in college, wouldn’t have had the money to see Danville dietitian and diabetes educator Jennifer Dietz or to visit Curves without the help of the Virginia Premier Health Plan, Inc., which contracts with the state to operate a Medicaid health plan. Virginia Premier also picks Jones up and takes her to Curves.

While some health insurance plans in the region cover visits to a dietitian, not all do, Dietz said. Dietitians provide guidance on healthy heating and how to manage chronic conditions. Many people in Danville need the help and accountability, but can’t afford it, she said.

Dietz, nationally registered dietitian, hopes a push next legislative session by the Virginia Dietetic Association to license dietitians would encourage insurance companies to cover their visits.

Diet matters to Jones and Berly, who need to manage their blood sugar. They said they’ve cut out the soda, sweets and fried foods and replaced them with healthier alternatives like whole grains and veggies.

Jones just wants people to know she loves her health insurance benefits and hopes other carriers will follow suit, especially as she knows one in three adults in Danville is obese and that the lack of jobs is taking not just a financial, but also a health toll.

“My life has made a great big change,” Jones said. “I enjoy life.”

 

Article source: http://www2.godanriver.com/news/2012/may/13/health-insurance-changes-life-danville-women-ar-1912296/

Insurance: What and how much do you need?

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Insurance in its purest sense is protection against a financial loss / uncertainty which includes the risk of illness, disability, damage to property, and the most final of them all – one’s demise. The value of your loved one’s life is a very sensitive issue as your loved ones are priceless. But it becomes necessary to evaluate a human life in terms of money, in order to safeguard from problems caused by under-insurance.

Human Life Value (HLV) of an earning member in the family could be defined as the amount that the family would require to retain the same standard of living in the absence of the earning member. This would be the maximum amount for which a person can seek insurance protection. The amount of insurance you require can be calculated in a few different ways -but a comprehensive method of calculating this is the PersonalFN’s HLV method.

How to calculate HLV

The first step towards calculation of HLV would be to determine the net annual income of the person after deducting the amount spent by him for his personal use. This amount will be the amount that he affords to his family annually.

For Example:

Mr. Sinha, aged 40 years, earns  15,00,000 per annum and spends  4,50,000 per annum on himself. Hence, he earns a net income of  10,50,000 p.a. for his family. Therefore, as income replacement, his family would require  10,50,000 p.a. for 1 year of life expenses. Each year, with inflation, the family’s expenses would proportionately increase, which must also be taken into account.

The calculation will also include specific goal related expenditure.

For example, suppose Mr. Sinha has a son and a daughter both of whom would require  10 lakhs for their educations i.e. a total of  20 lakhs. In Mr. Sinha’s absence, this amount is still required such that the children’s educations do not suffer. Hence this goal amount can be added to the financial value of Mr. Sinha’s life.

Once the HLV has been calculated, the next step is to choose the appropriate insurance product to cover your needs. There are a number of insurance products available in the market today – from term plans to ULIPs to endowment plans and so on. It is important to assess the available products and select the right insurance for your needs.

Term Plans

A term policy is a simple pure life insurance which provides a sum assured in case of the policy holder’s unfortunate demise. Most people are not in favour of a term policy, as there is only a death benefit. Also, it is believed that since the insurance is available only for a particular term after which there is no cover, it is not a comprehensive policy.

But the reality is that term policies are the purest form of insurance available today. They are very cheap compared to other insurance policies.

Endowment Policies

These are traditional policies floated by Insurance companies.

An endowment policy covers risk for a specified period, at the end of which the sum assured is paid back to the policyholder, along with the bonus accumulated during the term of the policy.

The returns on endowment policies are typically very low – approximately 3% to 4% per annum – and often do not beat inflation.

Unit Linked Insurance Plans

These are insurance policies with an investment component. In these policies, the policy holder pays regular premiums (or a single premium) of which part of the money is invested and another part goes towards providing the life insurance cover.

ULIPs therefore combine insurance protection with wealth creation opportunities.

What should you opt for?

It is recommended to always opt for a pure insurance product rather than combining insurance with investments such as what is done by way of marked linked insurance policies i.e. ULIPs etc.

Also, it is seen that traditional policies such as endowment policies and money back policies provide very poor returns, giving a yield of less than 5% per annum over the entire term. This does not even match inflation and hence it is not recommended to take these products. Products like ULIPs and the like have hidden charges and high commissions, which lead to an inefficient use of your funds which could otherwise have been invested. Until these products become transparent, it is not advisable to opt for them.

It is also advisable to opt for the following policies, in addition to your term policy:

• Health Insurance (Mediclaim) – this is a must have for every family member. It can be taken as an individual policy or as a family floater. This will cover regular hospital expenses in case of any hospitalization.
• Personal Accident Policy – this will cover you from loss of income in case of an accident. This is a common policy for those who are employed as the policy partly covers you from loss of income.
• Critical Illness policy – this will pay out a lump sum upon diagnosis of any critical illness from the defined list of illnesses stipulated. This policy can be opted for by any member of the family – it is not meant only for people who are employed as a critical illness might strike anyone, and costs incurred in case of such illnesses can be very high.

It is advisable to opt for insurance because it is a cover from risk – and while you might believe that something will not ‘happen to you’ – that is often exactly what your neighbor is thinking. In case of an unfortunate circumstance, insurance can be a financial boon to you or your family members.

PersonalFN is a Mumbai based Financial Planning and Mutual Fund Research Firm.

  

Article source: http://www.moneycontrol.com/news/insurance/insurance-whathow-much-do-you-need_703525.html

Classics Car Insurance’s Tips To Save Money On Premiums

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There are several ways of saving a bob or two on your classic car insurance premiums if you know how to go about it and the team from http://www.ClassicsCarInsurance.co.uk explains how to do just that!

Stoke on Trent, Staffordshire (PRWEB) May 13, 2012

Through its comparison website, Classics Car Insurance has been connecting classic car owners with suitable insurers for some time with a view to them saving money on their insurance premiums. The panel of insurers have been specially chosen for their service levels, the features and benefits of their classic car insurance policies and the premiums they charge.

K9 Media operate and own, not only this website, but also several other highly successful comparison price websites.

Andy Biggs, who is CEO of K9 Media , said: ” If you think about it, there are numerous ways that you can save money on your classic car insurance but here are some to be going along with: –

1. Comparison Sites – yes, you can get your local insurance broker to do some research for you and obtain quotes or you can pull out the Yellow Pages or go on the Internet and contact a number of insurance companies direct yourself. However, why not save some of that precious commodity known as time and, instead, visit one or two specialist websites, like ours for instance. Key in the required information and you could be presented with a number of classic car insurance quotes normally listing the cheapest quote first from the insurers on the panel. You can also look at most insurance companies’ product particulars to make sure the cover provides you with exactly what you are looking for. You can then make your choice of insurer and, in many instances, you can complete the proposal form on-line.

2. Classic Car Owners Clubs-many insurers offer a discount if you are a member of one of these clubs so, as well as receiving numerous other benefits from being a member, you may also be able to save some money on your insurance premiums.

3. Mileage- be realistic about the number of miles you will drive in the vehicle. If you do less than say 1,500 miles per annum there is no point insuring the car for up to say 5,000 miles per annum as your premiums will be higher.

4. Valuation- a realistic Agreed Valuation is sensible. If your classic car‘s true value is £50,000 why insure it for £90,000 and have to pay a higher premium.

5. Voluntary Excess – if you are prepared to pay more towards the cost of any repairs than the normal excess then this will reduce your premiums.

6. Security – if your car has an alarm or tracking device fitted and is locked in your

garage whenever it is not being driven your premium is likely to be lower.”

About Classics Car Insurance

Classics Car Insurance puts the owners of classic cars in touch with a select number of insurance companies, through its comparison website, with a view to getting an excellent deal on their classic car insurance here in the UK.

For more information about Classics Car Insurance, visit the website at http://www.ClassicsCarInsurance.co.uk

Andy Biggs
Classics Car Insurance
+44 796 000 3186
Email Information

Article source: http://news.yahoo.com/classics-car-insurance-tips-save-money-premiums-070414040.html

Insurers must credit ObamaCare when giving new round of rebates, feds say

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Health-insurance companies must tell customers who get a premium rebate this summer that the check is the result of the Obama administration’s health-care law, according to federal guidelines released Friday. 

The move is the latest sign the Obama administration is trying to draw attention to the law’s benefits before the fall elections, even though the law faces an uncertain future. The Supreme Court is expected to decide in June whether its central plank-a mandate that everyone carry insurance-violates the Constitution. Mitt Romney, the presumed Republican presidential nominee, has pledged to wipe out the law if elected. 

Under the 2010 legislation, insurers that don’t spend a specified amount of revenue on actual medical care — as opposed to administrative costs — must refund the difference to customers. The nonpartisan Kaiser Family Foundation has projected refunds would total about $1.3 billion and go to roughly 16 million people who buy their own policies or get them through an employer. 

Kaiser estimates checks would range from an average of $72 for those with insurance through a large employer to an average of $127 for those who bought individual policies. 

Rules finalized by the Department of Health and Human Services on Friday instruct insurers to notify recipients of rebates in the first paragraph of the mailing by writing: “This letter is to inform you that you will receive a rebate of a portion of your health insurance premiums. This rebate is required by the Affordable Care Act-the health reform law.” 

Republicans predicted the letters would do little to sway public opinion of the law. They cited the fact that Medicare prescription-drug rebates under the law went to millions of seniors, and public opinion on the law remains stuck. 

Click here to continue reading at The Wall Street Journal.

Article source: http://www.foxnews.com/politics/2012/05/13/insurers-must-credit-obamacare-when-giving-new-round-rebates-feds-say/

Congress may get tough medicine from health bill

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No matter how the case turns out, one group of Americans is assured of getting quality health insurance when the Supreme Court rules on President Obama’s Affordable Care Act in June: members of the court itself.

The Supreme Court, which is expected to issue its decision in June, gets its health insurance through the same plan available to members of Congress and other federal employees — and though benefits have been trimmed in recent years, it remains among the best.

In one little-known feature of the law, however, members of Congress would have to leave the generous federal plan and obtain their coverage through online insurance exchanges, or markets, if the law is upheld. The law mandates the establishment of exchanges in each of the states as a means for consumers to shop for health coverage, comparing costs and features of competing plans.

“It is more of a gesture to show that members of Congress are willing to experience what ordinary Americans are willing to accept,” said Mark Pauly, professor of health care management at Wharton, referring to the requirement that Congress exit the federal employee health plan.

The federal government spends some $50 billion a year to provide health care coverage to eight million federal workers, retirees and their independents under the Federal Employee Health Benefits Plan. Expanding it to include nonfederal workers has been touted as a way to fix the nation’s twin health care ills of spiraling costs and growing numbers of uninsured. A total of 225 health insurers and health maintenance organizations participate.

“The actuarial value of these plans is very good,” said Walt Francis, an economist and program analyst who writes the Consumers’ Checkbook guide to federal health care coverage, a website that compares costs for federal employees in every region of the country. “In years past, it [the federal health care plan] was arguably inferior on average to large employer plans. But those have been cutting back and now the two are very comparable on average.”

The fact that members of the Supreme Court have health insurance should come as no surprise, nor does it have any legal bearing on the complex issues before the court. The case, brought by 26 Republican attorneys general and the National Federation of Independent Business against the Obama administration, hinges on whether the federal government has the power to require individual citizens to obtain health insurance or pay a penalty to the IRS, as part of a larger plan to extend coverage to millions of uninsured Americans.

But the controversial law illustrates the political and policy complexities that face lawmakers and executive branch officials trying to extend coverage to the uninsured. Jurists also face difficult choices sorting through the competing arguments.

“They are pretty decent plans,” said Pauly, of the federal health insurance plan. Pauly asserts one reason federal health plans offer relatively generous benefits, and stack up well against those in the private sector is that federal workers on average are paid less than private sector employees; the difference is made up in benefits.

Depending on the type of plan, out-of-pocket costs for federal employees in the Washington area, which would include members of the Supreme Court, range from $2,410 to as much as $7,930 for a family of four, including deductibles and co-payments. The Checkbook website estimates that a basic Blue Cross plan would cost the typical family of federal workers about $4,300 a year, including deductibles of $25 for visits to the doctor and hospitalizations with $150 a day deductibles.

The coverage typically resembles plans provided to private sector workers, and with good reason. Participants in the federal plan include some of the nation’s largest private insurers, Aetna, Blue Cross and Kaiser Permanente, among others, who also contract with large private employers.

Under the basic Blue Cross option, there is no overall deductible. But, the plan imposes penalties on patients who fail to abide by its cost-cutting strategies such as obtaining advance approval for a hospital admission. Failure to get such an approval, for example, could result in a $500 charge. And if a patient chooses a hospital outside of the insurer’s network, the patient risks paying the entire cost of the hospitalization out of pocket.

Because the federal health insurance plan has been successful in holding down costs, it also has been touted by liberals and conservatives as a potential vehicle for providing coverage to the nation’s uninsured, now totaling around 50 million. When he ran for president in 2004, Sen. John Kerry (D., Mass.) proposed opening the program to uninsured Americans who could not afford to purchase coverage on their own but earned too much to qualify for Medicaid, the government-financed health care program for the poor.

The federal employees health insurance plan, which served as a model for the exchanges, would not be impacted if the Affordable Care Act is upheld. The only change would be the requirement that members of Congress exit the plan and obtain coverage from the exchanges. The exact details of how members will purchase insurance, and from which exchanges, have yet to be worked out.

But Joseph Antos, a health care policy analyst at the American Enterprise Institute, a conservative think tank based in Washington, said that language was inserted by Republicans to make a point.

“The reason that provision was adopted was purely political,” Antos said. “It was purely for Republicans to say to Democrats that if you like this so much, you should live with it too.”

Contact Chris Mondics at 215 854 5957 or cmondics@phillynews.com

Article source: http://www.philly.com/inquirer/business/20120513_Congress_may_get_tough_medicine_from_health_bill.html

Classics Car Insurance’s Tips To Save Money On Premiums

Posted on by admin Posted in Insurance News | Leave a comment

There are several ways of saving a bob or two on your classic car insurance premiums if you know how to go about it and the team from http://www.ClassicsCarInsurance.co.uk explains how to do just that!

Stoke on Trent, Staffordshire (PRWEB) May 13, 2012

Through its comparison website, Classics Car Insurance has been connecting classic car owners with suitable insurers for some time with a view to them saving money on their insurance premiums. The panel of insurers have been specially chosen for their service levels, the features and benefits of their classic car insurance policies and the premiums they charge.

K9 Media operate and own, not only this website, but also several other highly successful comparison price websites.

Andy Biggs, who is CEO of K9 Media , said: ” If you think about it, there are numerous ways that you can save money on your classic car insurance but here are some to be going along with: –

1. Comparison Sites – yes, you can get your local insurance broker to do some research for you and obtain quotes or you can pull out the Yellow Pages or go on the Internet and contact a number of insurance companies direct yourself. However, why not save some of that precious commodity known as time and, instead, visit one or two specialist websites, like ours for instance. Key in the required information and you could be presented with a number of classic car insurance quotes normally listing the cheapest quote first from the insurers on the panel. You can also look at most insurance companies’ product particulars to make sure the cover provides you with exactly what you are looking for. You can then make your choice of insurer and, in many instances, you can complete the proposal form on-line.

2. Classic Car Owners Clubs-many insurers offer a discount if you are a member of one of these clubs so, as well as receiving numerous other benefits from being a member, you may also be able to save some money on your insurance premiums.

3. Mileage- be realistic about the number of miles you will drive in the vehicle. If you do less than say 1,500 miles per annum there is no point insuring the car for up to say 5,000 miles per annum as your premiums will be higher.

4. Valuation- a realistic Agreed Valuation is sensible. If your classic car‘s true value is £50,000 why insure it for £90,000 and have to pay a higher premium.

5. Voluntary Excess – if you are prepared to pay more towards the cost of any repairs than the normal excess then this will reduce your premiums.

6. Security – if your car has an alarm or tracking device fitted and is locked in your

garage whenever it is not being driven your premium is likely to be lower.”

About Classics Car Insurance

Classics Car Insurance puts the owners of classic cars in touch with a select number of insurance companies, through its comparison website, with a view to getting an excellent deal on their classic car insurance here in the UK.

For more information about Classics Car Insurance, visit the website at http://www.ClassicsCarInsurance.co.uk

Andy Biggs
Classics Car Insurance
+44 796 000 3186
Email Information

Article source: http://news.yahoo.com/classics-car-insurance-tips-save-money-premiums-070414040.html

Rapid Products In auto insurance quotes

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You may never need car insurance again

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Image: Car keys on insurance form ©Exactostock, SuperStock, SuperStock

Depending on where you live, you may be able to cruise the streets without auto insurance — and you won’t be breaking any laws.

In some states — such as California, Tennessee, Washington, Texas and Ohio — it’s perfectly legal to skip carrying car insurance if you can prove you have the financial ability to cover liability costs if you get in a wreck. And if you live in New Hampshire, you don’t even need to prove your financial fitness.

New Hampshire is always contrary to other states,” says James Van Dongen, a spokesman for the New Hampshire Department of Safety. “The Legislature has never felt that they should compel people to buy insurance.”

Although you are not required to have auto insurance in New Hampshire, if you’re uninsured and at fault in an accident, you will be required to post a bond or cash equal to the amount of damage you caused in that accident.

Which cars are considered high-risk on insurance?

Which cars are considered high-risk on insurance?

Options if you don’t buy car insurance: Deposits, bonds

In other states, you need to either purchase car insurance or prove you can cover your costs.

California businessman Michael Reza went the latter route for more than a decade, as he spent his vacations traveling in Europe and purchasing cars in various countries. Because the cars were built to different standards than those sold in the California market, it also made them unique and difficult to replace. They were virtually impossible to insure, Reza says. Insurers couldn’t compute a replacement cost for the cars, so they refused to provide coverage for them.

California requires drivers to have liability insurance, with a minimum of $15,000 in coverage for the injury or death of one person, $30,000 for more than one person, and $5,000 for property damage. In lieu of that, a California driver who doesn’t want to buy car insurance can make a $35,000 cash deposit with the California Department of Motor Vehicles, post a surety bond for $35,000 or get a self-insurance certificate from the DMV.

Reza had no problem registering the vehicles, which included a Porsche from Germany and a Ferrari from Italy, but because he couldn’t purchase auto insurance, he posted a $35,000 surety bond.

Typically, you can obtain a surety bond by paying a fee based on a percentage of the bond amount, and the issuer will extend credit, guaranteeing the full amount. You won’t have to pay the full bond amount unless you’re in a wreck and need to cover the liability costs. Fees for surety bonds vary greatly, depending on your credit history and state laws, among other things. But in general, they range from 1% to 4% of the surety bond amount if you have good credit. If you paid 4% for a $35,000 surety bond, it would be $1,400.

Reza primarily drove vehicles made for the American market, and the imports were cars he used on occasion, racking up a couple thousand miles per year. While he had some concern about being in an accident with such valuable vehicles, “I was more concerned about liability and other people,” he says. “It makes you cautious.”

Jan Mendoza, a spokeswoman for the California DMV, says the state doesn’t keep track of the number of motorists who don’t purchase auto insurance.

Individuals who don’t buy car insurance have the financial ability to meet the $35,000 requirement, while corporations with 25 or more vehicles find it more cost effective to self-insure, Mendoza says.

Don’t want to buy car insurance? Move to Ohio

Ohio is another state where you can choose between auto insurance and demonstrating the financial ability to cover liability if you’re involved in a wreck.

If you choose not to carry auto insurance you must have one of the following:

  • A $30,000 bond issued by a surety or insurance company.
  • Money or government bonds worth $30,000 on deposit with the state treasurer.
  • A certificate of bond issued by the Ohio Bureau of Motor Vehicles worth $30,000 and signed by two people who own real estate with equity of at least $60,000.

The state randomly selects about 5,400 vehicles each week to verify that they’re insured, says Ohio BMV spokeswoman Lindsey Bohrer. Vehicle owners are mailed a notice requiring them to prove they have insurance. Those who don’t respond or don’t provide adequate proof of insurance can have their licenses suspended and may be prohibited from registering vehicles in the state.

Iowa insurance laws: Know the details

While Iowa’s law doesn’t mandate compulsory auto insurance, in reality drivers must buy car insurance or prove financial responsibility, says Mark Lowe, the director of the Iowa Motor Vehicle Division.

You can register a car in Iowa if you don’t have insurance. But if you’re stopped by a law enforcement officer, you must have proof of insurance, Lowe says.

If you don’t have liability insurance, you must post a certificate of deposit or bond with the secretary of state that shows you have the financial resources to cover $55,000 in injuries and property damages if you’re involved in an accident, he says.

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Only a handful of individuals choose that option, he says. Typically a big company, such as a car rental agency, will decide to self-insure.

It’s a different story in New Hampshire, where no liability insurance is required unless you’ve been in an at-fault accident. Van Dongen says the state doesn’t record how many motorists have decided to go without insurance, but it’s a small percentage of the population. He says those who go without “tend to be people with lower incomes, or they’re young kids.”

Because of that, if you’re hit by an uninsured driver, the driver usually is “judgment-proof because he or she doesn’t own anything,” and instead your uninsured motorist coverage foots the bill, Van Dongen says.

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Article source: http://money.msn.com/auto-insurance/never-buy-car-insurance-again-insurance.aspx

Distaff combatants: How the war on women is playing among women themselves

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Wanda Ramey stood on the University of Colorado campus, cane in one hand, “Close The Pay Gap” sign in the other. The rally for equal pay among women in the workplace was the 65-year-old spitfire’s second stop in a day of meetings and protests.

A registered independent, Ramey’s top priorities this election year aren’t necessarily directly related to the “war on women” that Democrats have accused Republicans of waging. She worries about the future of her grandchildren, their education and whether they’ll find jobs one day.

But when she read about a proposal in Virginia to mandate a vaginally invasive form of an ultrasound before an abortion, she emailed friends to sound the alarm. And when she learned of the equal pay protest, she decided, broken pelvic bone and all, to stand shoulder-to-shoulder with dozens of other women, sign held high in the air.

“Men are talking about my uterus? I have a voice. I can talk,” she said. “And I think that’s what they’re finding out.”

Everybody, it seems, is talking about women in this campaign — what they should do, how they should act, who they should be in society. But do women see themselves reflected in the dialogue — or is the mirror of political rhetoric distorting their concerns? How, exactly, is all this talk about women playing among women?

You could hear these issues play out on a recent day in this key presidential swing state — first, at the equal pay protest, but later at a hotel near Broncos stadium, where five conservative women led a panel discussion to strategize about reframing the rhetoric and working to woo more women voters to their camp this year. There was passion, but there was also irritation. Some women said talk about contraception was a distracting sideshow; others said the preoccupation of some politicians with abortion showed they were out of touch.

“They really must not know what exactly is going on,” said a university student with friends who’ve had both babies and abortions. “They” are the male politicians who still outnumber women at all levels of elective office, but also the two men running for president who keep trying to one-up each other in reaching out to this vital, but hardly monolithic, voting bloc.

The upshot: Whether seen as real or manufactured, something about the so-called “war” is resonating among American women who could well make the difference on Election Day. Many are acting out and speaking up. Many are, in fact, girding for battle, in one way or another.

As Ramey put it: “They’ve woken a sleeping giant.”

___

Glimpse a few Facebook pages these days, and you’ll find an abundance of exasperation. There is the “Angry Conservative Women” page, which insists: “The only war on women (and on freedom) is being waged BY THE LEFT!” Then there’s “One Million Pissed Off Women,” which warns: “We have HAD IT. … We are no longer willing to be compromised or thrown under the bus.”

It all follows four months of headline-making salvos that, to some women at least, have begun to feel like a bombardment of sorts. Think: Susan G. Komen ending cancer-screening grants to Planned Parenthood (quickly reversed). And disputes over laws designed to protect women against wage discrimination (Wisconsin Gov. Scott Walker last month signed a repeal of his state’s equal pay law, while a U.S. Senate candidate in Michigan called a federal equal pay law a “nuisance.”)

And there’s the ongoing fight over abortion. After Republicans made historic gains during the tea party-driven “red tide” of 2010, abortion was back on legislative agendas with a vengeance. In 2011, 24 states enacted a record 92 provisions restricting access to abortion services in some way, according to the Guttmacher Institute, a pro-abortion rights organization that tracks such proposals.

This year dozens more provisions were introduced in state legislatures nationwide. A measure in South Carolina, for example, would eliminate a woman’s ability to get an abortion through the state health plan if she’s a victim of rape or incest. Georgia and Arizona have banned most abortions after 20 weeks of pregnancy; Utah increased to 72 hours the waiting period required before an abortion; Mississippi now requires doctors performing abortions at a clinic to be a certified OB-GYN with admitting privileges at a local hospital.

Not all of these actions have received as much attention — or inspired as much controversy and derision — as the Virginia proposal to mandate a transvaginal ultrasound before an abortion. Hundreds of women converged on the state Capitol in Richmond; Jon Stewart said the bill required a “TSA pat-down inside their vagina.” The governor eventually signed a pared-down law requiring abdominal ultrasounds instead.

There was also the battle over whether religious-affiliated employers should have to cover birth control in insurance plans. When law student Sandra Fluke, prevented from testifying before Congress on the issue, spoke instead to a Democratic panel to advocate payments for contraceptives, Rush Limbaugh set off a firestorm by calling her a “slut.”

Karen Teegarden saw the congressional hearing from which Fluke was excluded, and saw the all-male witness table. And within days this 56-year-old wife, mother and marketing specialist from Birmingham, Mich., had launched UniteWomen.org. Its mission statement: “Help defend women’s rights and pursuit of equality.”

Using social media and the Internet, Teegarden’s group organized protests in cities all across the country on April 28. All told, hundreds marched in places like Phoenix, where coat hangers were on display featuring a plea: “Keep Abortion Safe Legal.” And Austin, where a Democratic state representative took to the microphone to quote a famous phrase: “Heed our warning. Hell has no fury like a woman scorned.” And Ohio, where women at the state Capitol hoisted signs that read: “‘Sluts’ Over Nuts” and “My Vagina. My Choice.”

The rallies came a day after Republican Speaker John Boehner took to the floor of the U.S. House to lambast Democrats for politicizing issues that he said should transcend partisan politics. He brought up the “so-called war on women,” calling it something “entirely created by my colleagues across the aisle for political gain.”

“Give me a break,” Boehner roared as his fellow Republicans cheered.

Said Teegarden, a supporter of President Barack Obama: “If you don’t want to call it a war, that’s fine. We are fighting something. It’s not just us having ‘emotions.’ We are fighting very specific legislation.”

It’s worth considering the landscape in which all of this is happening.

This year is the 20th anniversary of what became known as the “Year of the Woman,” an election year in which the number of women serving in the U.S. Senate tripled and in the U.S. House went from 28 to 47. Many of those newly elected women were driven to run after watching the 1991 hearings in which an all-male Senate Judiciary Committee questioned Anita Hill about sexual harassment claims against then-Supreme Court nominee Clarence Thomas.

Political consultant Mary Hughes sees parallels between then and now.

“There were a number of things percolating in ’91 and ’92, just as I think there has been a number of things percolating last year and this year … that made it appear that women needed to do more on their own behalf. There are similar indignities,” said Hughes, who directs The 2012 Project, a nonpartisan campaign to increase the number of women running for office. The project’s website features a video with these stark statistics: “While women make up 51 percent of the population, 83 percent of members of the U.S. Congress and 76 percent of state legislators … are men. And of the 50 governors in the United States, only six are women.”

“Don’t get mad. Get elected,” reads the organization’s motto.

Statistics like those, coupled with what Rutgers political science and gender studies professor Susan Carroll calls the “retro” debate over women’s issues going on now, are inspiring some of these head-scratching, sign-waving, “What do we do now?” responses.

“It all seems very ’50s and ’60s,” said Carroll, citing in particular some of the positions espoused by Rick Santorum during the lengthy GOP primary battle. Those included supporting a constitutional amendment to ban abortion in all cases and saying states should be free to ban contraception.

Presumptive GOP nominee Mitt Romney’s views aren’t as extreme — he says that Roe v. Wade should be reversed by a future Supreme Court and that state laws should guide abortion rights. But the debates “raised all of these issues … that I think a lot of people thought were settled. And it’s given the Democratic Party something to pounce on,” Carroll said.

Certainly, what may have started as a war of words among the parties and pundits has become much more than that. In Virginia, a newly created political action committee called Women’s Strike Force is raising money to defeat politicians who supported that state’s anti-abortion proposals. Local groups at places ranging from Harvard University to a Cleveland community center to a synagogue in New York have presented panel discussions delving into how to better fight on behalf of women’s issues.

Conservative women, just as fired up, are battling what they see as Democratic pandering that paints all women with the same brush. The conservative group Smart Girl Politics last month launched a “They Don’t Speak for Us” campaign that includes a video focusing on unemployment rates and the cost of gas and groceries.

ShePAC, a political action committee working on behalf of conservative women candidates, promises in another ad that “2012 won’t be a war on women, it will be a war by women.”

In an opinion piece penned for CNN.com after the brouhaha over Democratic consultant Hilary Rosen’s comment that Ann Romney “never worked a day in her life,” the women co-chairs of ShePAC said “more and more women like Ann Romney are standing up and speaking out. … Those women aren’t victims, they are fierce warriors who fight for their principles.”

For better or worse, the debate over gender politics has launched a new national dialogue that reaches beyond the campaign trail and cable networks.

To see it, simply look to Colorado — and a single day in the trenches.

___

At the Equal Pay Day rally, Wanda Ramey recalled growing up in the ’60s — hearing about friends who’d received illegal abortions, seeing firsthand the battle for an Equal Rights Amendment and, later, waging her own battles as a woman in a mostly male work environment.

“Back in the ’60s, we fought hard. And we didn’t have Facebook. We didn’t have the Internet,” said Ramey, who supports Obama. “We’re older now and we have the time to research, and we’re not going to be led around anymore.”

As the equal pay protesters dispersed, a man orating about religion soon took to the pavement of the university commons. When marketing major Sasha Luinstra stopped to watch, she remarked that “I should get out there and preach.” A male student standing next to her replied: “What are you going to preach about? Makeup?” Luinstra didn’t bother responding.

It’s those kinds of comments, along with the many different statements about women that she has heard so far this campaign season, that both rile and baffle the 21 year old.

How, for example, can Americans in 2012 still be debating the virtues of stay-at-home moms versus those who work? To Luinstra, it’s a non-issue. She recalls her graphic designer mom in tears when she would drop her at day care. Her mother eventually quit and stayed home full time, and instilled in her daughter the idea that “I’m free to make any choice I want.”

Luinstra feels the same principle should apply to abortion. She has friends who are now parents but who have also terminated their pregnancies, and said she’s grateful those women could choose for themselves what path to take.

Over the summer, she plans to volunteer for Students for Obama. “He backs up my values,” she said of the president.

By evening, as a group called 9to5 gathered at a local bar to talk women’s wage issues, another 30 or so men and women — members of the Denver chapter of the Coalition for a Conservative Majority — convened at the Hotel VQ for a panel discussion by five Republican women about the so-called war on women.

These women — a lawyer, a former options trader, a businesswoman who tracks government spending, a stay-at-home mom who started a conservative advocacy group and a legislative aide whose mother is a state lawmaker — discussed how conservatives could work to reach out to women voters, especially the independents who are key in Colorado.

Several suggested a move away from the debate over contraception — whether it’s framed as a reproductive rights or a religious freedom issue.

“Gas or groceries. That’s the real war on women,” said Lori Horn, 50, who co-founded the group R Block Party. “We have to feed our families. We have to decide whether we need to forgo a few things because we need to put gas in our cars. So take that contraception argument away from them, and come up with some … different words about what the real war on women looks like for us.”

For Horn, a mother of two girls, discussions about contraception have become “noise,” a distraction that could prove harmful to the Republican candidates she supports.

“I’m all for birth control. I use it,” she said in an interview. “Jobs and the economy, creating the security that families and single women need, that’s the most important thing. I’m a powerful woman. … I can take care of those other issues.”

Moderating the panel, lawyer Linda Hoover cited a March USA Today/Gallup poll of swing states, including Colorado, that showed women favoring Obama over Romney by 18 percentage points.

“It’s absolutely frightening how quickly, once they launched that (war) narrative … the polling data changed. I’m hoping it was a short-term bounce, but let’s not assume that,” said Hoover, 60, who has been working voter registration booths to do her part in enticing more women voters.

The women gathered on this night may know better than most the power of the gender vote. They saw it in action in 2010 when, despite sweeping GOP victories elsewhere, a Democrat edged out a tea party-backed candidate in Colorado’s U.S. Senate race. Republican Ken Buck was targeted as “anti-woman” in advertisements and mailers — first for joking that voters should pick him over a female GOP primary opponent “because I don’t wear high heels” and then for favoring a constitutional ban on abortion. (He had also opposed exceptions in cases of rape or incest.) In the end, exit polls showed that women voters went for the Democrat by 17 percentage points.

That gender gap can make a significant difference in presidential elections as well. According to the Center for American Women and Politics at Rutgers, the number of female voters has exceeded the number of male voters in every presidential election since 1964. And, in every presidential election since 1980, a gender gap has been apparent — with a greater proportion of women choosing the Democratic candidate over the Republican.

Come November, said Rutgers professor Carroll: “It’s very likely that women’s votes — whether they go strongly for Obama or whether Romney’s able to minimize the gender gap — will make the difference.”

All across Denver, women themselves seemed to clearly recognize that. So did a few men.

As the conservative panel began to wrap up, audience members took turns offering their take on how to win the war, and one unidentified man took the microphone to impart these thoughts: “We’ve had a lot of women’s movements. I think soccer mom was the last … but this election is the ‘economic woman.’ What women want now are jobs for their husbands, jobs for themselves, jobs for their teenagers. … It’s the ‘economic woman’ that’s going to dominate this election.

“And all you women have to get on board and all these men in here have to get on board, or we’ll lose the argument.”

Horn, Hoover and the other women on hand that night believe firmly that the “war” is little more than political gamesmanship. But make no mistake: They’re fighting, too.

And as night fell and the ballroom emptied, they headed home, battle-ready.

___

Pauline Arrillaga, a Phoenix-based national writer for The Associated Press, can be reached at features(at)ap.org.

Article source: http://www.foxnews.com/us/2012/05/12/women-ponder-how-became-campaign-issue/

New Health Insurance Infographics From HealthCompare Help Educate Consumers On Recent Health Insurance Hardhips

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HealthCompare, a health insurance comparison site, releases Infographics to help consumers understand complex data regarding health insurance difficulties.

Orange, CA (PRWEB) May 12, 2012

HealthCompare, a nationally recognized health insurance comparison site, is releasing new tools in their attempt to help Americans who are in search of health insurance. HealthCompare, who consistently displays concern for consumers, asks visitors that come to their site to ask themselves a series of questions before attempting to find health insurance coverage. These questions are designed to help shoppers decipher what type of coverage is best for them in terms of cost and type of policy.

The questions that HealthCompare encourages consumers to ask themselves are:

What are the consumers current health care needs? Do they currently require medication? Does the consumer have a pre-existing condition? Or are they seeking to start a family in the near future?

Does the financial state of the shopper allow for a lower deductible, thusly giving them a higher monthly premium? Or would having a high deductible (and therefore lower monthly premium) be more beneficial?

Is the consumer’s physician a factor? If they prefer to continue seeing their doctor of choice, HealthCompare helps them decide what policies allow that.

Are there any other health insurance options for the shopper, such as spouse or parent plan?

Once consumers get their quotes, HealthCompare then helps them narrow their decisions by prompting them to ask further questions, like:

How much will the policies being compared cost them from their pocket when considering deductibles, co-insurance, and co-pays?

What will the policies being compared offer in terms of maximum out-of-pocket expense?

Will the consumer’s office visits be covered?

Do any of the policies up for comparison offer maternity?

Is prescription drug coverage an option?

How much will the consumer pay for emergency services and ambulances?

Will the current primary physician and local hospitals be accepted under any of the policies being considered?

Health insurance costs are much more involved than mere premiums and buyers must carefully consider all out of pocket expenses to understand what their policies will ultimately cost them. That is why HealthCompare generated these infographics.

Infographics are unique graphics that are growing in popularity across the web are known for utilizing images and colors to help make complex data from scientific reports, demographics, and studies to make them more easily understood by the casual reader. Reports such as the ones used in scientific studies often use jargon and unnecessary language that makes deciphering results difficult for those without the background for these terms. Infographics compress and compile numbers and meanings into aesthetically pleasing arrangements that illustrate rather than tell. They can also functionally layout arguments for debates, complex concepts or any other topic that could otherwise be considered difficult to understand.

These new graphics explain hardships that can effect consumers when it comes to medical coverage. HealthCompare is nationally recognized for caring about patient knowledge and choice. They want consumers to understand as much as possible when it comes to making decisions regarding coverage that suits their needs.

The infographics released are:

Affordable Medical Insurance For The Masses – Designed to educate how consumers can get affordable medical insurance

Health Insurance Comparison Done Right – Designed to explain how some people make health insurance comparisons wrong

Why Self Employed Health Insurance Is So Important – So many self-employed people skip health insurance because they believe they can’t afford it

Is Low-Deductible Health Insurance A Good Option – Designed to help people understand why low-deductible insurance may not be a good idea for them

Other infographics can be found here.

About Health Compare:

HealthCompare was launched in 2009 to work with brokers and carriers to help individuals and families easily research, compare, buy, and enroll in the right health insurance plan at the right price. Based in Orange, Calif., it delivers accurate, customized, health insurance quotes for the country’s diverse population.

Through a unique partnership with its sister company, CONEXIS, HealthCompare has the ability to quickly reach thousands of COBRA-qualifying consumers and provide them with COBRA alternatives at the moment they become eligible for COBRA benefits. This provides these consumers with an opportunity to enroll in individual or family plans and potentially save hundreds to thousands of dollars on COBRA premiums and, at the same time, rewards referring brokers with referral fee income for the life of each policy.

For more information, visit http://healthcompare.org/ or call 888.748.5152.

Michelle Ruble
REV Media Marketing
(562) 972-6842
Email Information

Article source: http://news.yahoo.com/health-insurance-infographics-healthcompare-help-educate-consumers-recent-040245189.html

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