Car insurance has increased in cost over the past decade by a significant amount. There are multiple reasons for this. One is the abundant number of fraudulent cases which have been reported. This fraud has equated to an increase in the price of monthly premiums not just for a select group but everyone in general. Whilst the country attempts to get back to its feet economically, car insurance is an industry which could make a positive step forward through cost savings. Freeing up disposable income to spend elsewhere would have a major impact.
The Obama administration issued final rules Friday for the birth control mandate under the Patient Protection and Affordable Care Act, an area of the massive health overhaul that generated some of the greatest opposition.
The mandate — effective Aug. 1, 2012 — requires most employers to cover a range of birth-control methods in their health plans without charging a co-pay or a deductible.
Religious groups have strongly opposed the rule, and dozens of lawsuits against the federal government followed. Meanwhile, the administration — as well as women’s rights advocates — continued to praise the contraception mandate, saying it gives women control over their health care.
The world’s second-largest reinsurer, Swiss Re, reports “that natural catastrophes and man-made disasters cost the insurance industry $77 billion in 2012.”
The report noted this figure covered “more than 300 catastrophes and disasters caus[ing] the loss of 14,000 lives and $186 billion.” These disasters included many of the 112 events for which the Federal Emergency Management Agency (FEMA) issued a declaration and provided aid.
Last fall’s Hurricane Sandy, the report said, “accounted for $35 billion of insured losses.” For perspective, the disaster relief package approved by Congress allocated over $60 billion, nearly twice as much as the entire privately insured payment.
“Proponents of government competition in a “national health insurance exchange” claim that it would enhance personal choice and health plan competition. That is highly unlikely. Rather, such a system would impose federal control over virtually every aspect of private health insurance, rendering it virtually indistinguishable from government insurance except for its direct financing. Congress would become increasingly prescriptive over benefits, the adoption of medical technology and new medical procedures, the pricing of these items, and the mechanism that plans may or may not use to manage health care risks. In other words, hardly any aspect of private health plans’ business operations would be free from government regulation and control. That is not a prescription for health care choice or competition.”
Lisa Alvarado needs headache medicine for her specific personal problems. *And Lisa, we’re sorry your name is misspelled in the video banner! Our poor public school education has caught up with us once again.