When the ACA goes bankrupt, how will you pay your bills?

The Affordable Care Act has made a lot of promises to people who have lost their jobs.Now, it’s time to get real about the realities of being able to pay your own bills and make ends meet.Here’s how it works.(Alice Li/The Washington Post) The ACA requires people to get coverage for at least three months […]

When it comes to auto insurance, Ohio’s insurance landscape looks like it could get a whole lot worse

When the state’s insurance commissioner announced that insurers would have to lower the rate for most policies, the market response was muted.But as the market continues to tighten, Ohioans are starting to see a lot of new insurance options on the market, and many of them are not covered by the state.In fact, most Ohioans […]

U.S. insurers face $600 million in Obamacare penalties over health care law breach

The insurer that was sued by President Donald Trump’s administration for misleading consumers about the Affordable Care Act has agreed to pay a $600,000 fine, an insurance administrator said Friday.U.S., state and local governments have been sued for failing to comply with a law that requires them to offer coverage that is comparable to plans […]

Which company has the best rate in the country?

Geico homeowners Insurance has its best rates in the US, according to a report from insurer Geico.The company reported its results in a report to investors and analysts on Thursday.The Geico Insurance Company, a subsidiary of the insurance giant, said its total policy coverage jumped 23% from December to December of this year.It has the […]

Ohio insurer faces Obamacare repeal challenge

The insurer that’s been targeted by Republicans in the wake of President Donald Trump’s healthcare overhaul is looking to fend off a possible repeal of the law.Ohioans will soon be able to buy private insurance through the Affordable Care Act’s insurance marketplaces, and insurers will no longer be required to cover people with pre-existing conditions.But […]

When is the next big auto auction?

The 2018 Chevrolet Bolt EV sedan has received a $945,000 price tag, the first time the vehicle has been listed on eBay since its launch in May of last year.The auction is expected to go live around midnight ET (4 p.m.ET) Wednesday.The price includes $250,000 in down payment, and the seller has a 20 percent […]

How to save money on insurance coverage in the Obamacare market

As the nation’s insurance market enters a second year of uncertainty, the stakes for consumers are higher than ever.That means the stakes are even higher for those with existing coverage.Here are the top five things to know to help you make the most of your options and make sure you get the coverage you need.1.You […]

How to avoid expensive ‘reinsurance’ and other catastrophic risks

A comprehensive insurance policy that covers all of your medical costs can be a lot of fun.But with a hefty premium, it can also be a costly and stressful experience.The key is to ensure you are in the best possible position to pay your medical bills.If you do not have a comprehensive policy you will […]

The new wave of insurance fraud: a warning from the US insurance industry

A series of data-driven studies, published by The New York Times on Monday, raise concerns that the US is in the midst of a new wave to fraudulently cover pets, a situation that could result in serious financial losses for owners and, potentially, for insurers.The data is based on data from US insurers that was […]

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