[unable to retrieve full-text content]The Perfect Storm in Home Insurance | Econofact The Issue: The Los Angeles fires, perhaps the costliest weather-related event in U.S. history, started just a few months after Hurricane Helene which ranked among the top 10 costliest hurricanes to batter the United States. And while hurricanes and wildfires command the most attention, severe convective storms (those traditional hailstorms […] The post Homeowner Insurance Catastrophe...
Read More »Health insurance killing: Economics does have something to say
from Dean Baker I’m not one to generally tout the wisdom of the economics discipline, but it actually does offer some useful insights into the likely motive for the murder of Brian Thompson, the CEO of United Healthcare (UHC). According to media accounts, the suspect, Luigi Mangione, was angered by his own and others’ experiences being turned down when submitting claims for healthcare service. United and other insurers make a profit by restricting the claims they pay, so their profit...
Read More »CMS ramps up suspensions of health insurance agents registered with HealthCare.gov
CMS finally clamping down on agents plan switching, assigning existing enrollees to themselves. CMS requires agents seeking to act on an existing account with a different Agent of Record or with no AOR to: – either conduct a three-way call with the client and the marketplace center. The client authorizes the new agent to act on their behalf, or – have the client click the final button after an agent makes changes to the account using a...
Read More »IPA’s weekly links
Guest post by Jeff Mosenkis of Innovations for Poverty Action. IPA is offering funding for research on ideas about “Peace and Recovery” very broadly defined – looking to test new ideas for counteracting violence (including state and electoral), helping refugees, recovery from humanitarian crises, or countering extremism, and is accepting proposals from Ph.D. students. (The photo above is from research in a Colombian FARC demobilization camp). Expressions of Interest are due NEXT FRIDAY...
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