Photo WASHINGTON — America’s health insurance marketplace closes on Monday night, the deadline for most people to obtain coverage or face a penalty. The confusion and uncertainty of the last six months appear likely to continue as consumers, including some who have never had insurance, begin using new policies […] Click here to view original […]
Archive | Consumer Insurance Information
The ValChoice blog is the best source for independent, unbiased consumer insurance information. Our information is unbiased and trusted because we do not sell insurance. Our mission is to help consumers get good insurance at a good value.
Health Insurance Deadline Comes with Wiggle Room
Posted first by NPR We’re just five days away from the March 31 deadline to sign up for individual health insurance under the Affordable Care Act. For weeks, administration officials, including the president, have insisted that there would be no extensions to the scheduled end of the six-month open enrollment period. But now there’s some […]
Sweet 16 – Auto Insurance Madness
Sweet 16 – Auto Insurance Madness was Inspired by the excitement of the 2014 men’s college basketball tournament, the original auto insurance comparison company Answer Financial® Inc. shares how the hometowns of the sweet 16 teams fare when you compare insurance prices*. Sweet 16 Regions South First seed Florida Gators were given 4:1 odds of heading home […]
Obamacare Shoppers Confused
Amid the final frenzy for Obamacare enrollment, a new survey shows that many consumers may be ill-equipped to shop for health insurance. This was reported by the Los Angeles Times on Monday. Obamacare Shopper Confusion The study in the Proceedings of the National Academy of Sciences found that 42% of people surveyed could not describe […]
Obamacare – Available Care Act, It’s Not!
In a stroke of marketing genius, Obamacare was not called the “Available Care Act.” I learned this first hand when evaluating how a transition to Obamacare would impact my family. For just a moment, let’s ignore the cost of health insurance – we will cover cost in a future post – and focus on what matters […]
How to Boil a Frog…
Do you know that the insurance industry has mastered the art of how to boil a frog? Let me explain by using a recent example. Last week Perr & Knight reported, “Auto and Homeowners Rates Increase Moderately in 2013.” Using that title from their press release I did a quick web search and found: The […]
Certainties – Death, Taxes and Higher Insurance Rates
Yesterday we gave you the good news, today you are getting the bad news. Unfortunately the good news wasn’t very good. It was that auto insurance rates are increasing at 2x the rate of inflation. Now for the bad news: in 2013 home insurance rates went up 3.4x the rate of inflation. Higher Insurance Rates […]
Auto Insurance Rates Increasing at 2x Inflation Rate
With the economy still sputtering like an old car on a cold winter morning, most costs remain low, except insurance. The chart attached shows the auto insurance rates increasing at two-times the inflation rate, based on the Consumer Price Index (CPI), over the last two years. Auto Insurance Rates Increasing Defies Logic The following trends […]
Medical Deductibles and You
Have you noticed that insurance companies denying medical treatments and prescriptions is closely aligned to the time of year? For example, getting a treatment or filling a prescription in February is no problem. When you go to get the same treatment or prescription in November your insurance company denies the claim. The frustration is of […]
Oshie Takes on Sochi!
The U.S. vs. Russia Men’s Hockey game this weekend was fantastic in every regard. It was evenly matched, well-played and a nail biter with a sudden death overtime, and even eight rounds of shootout. Making the game even better was that the team I was rooting for won, the U.S. Men. And to top it […]