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Healthcare premiums for Wisconsinites to skyrocket in 2026 if Republicans fail to extend Affordable Care Act tax credits

October 28, 2025

Tony Evers, together with Office of the Commissioner of Insurance Commissioner Nathan Houdek, released 2026 plan year rates for Wisconsin's individual marketplace that show healthcare coverage costs are expected to skyrocket for Wisconsinites if President Donald J. Trump and Republicans in Congress fail to extend the Affordable Care Act enhanced…

Insurers should cover overdose meds, General Assembly panel says

October 28, 2025

Virginia should require health insurers to cover medications that prevent opioid overdoses, the General Assembly's Joint Commission on Health Care says. The commission, which makes recommendations for legislation to the General Assembly, voted unanimously last Wednesday to support a measure directing health insurers to cover at least one nasal spray…

Amid tariffs, costs and prices are increasing, Cleveland Fed says

October 28, 2025

Many economists predicted that they would raise costs and prices, and that seemed to be confirmed by two reports produced recently by the Federal Reserve Bank of Cleveland. The bank is one of 12 in the United States, and its region includes all of Ohio and adjacent parts of Pennsylvania, West Virginia, and Kentucky. It uses them to inform its contributions to the…

Proposed Bill Aims to Strengthen Insurance Protections for Breast Reconstruction

October 28, 2025

The legislation would broaden insurance coverage to encompass diverse breast reconstruction options, codify protections for all approved procedures, and mandate coverage for modern reconstructive techniques.

GOVERNOR MOORE UPLIFTS STATE-BASED HEALTH INSURANCE RESOURCES AND SUPPORT AMID FEDERAL GOVERNMENT SHUTDOWN

October 28, 2025

The following information was released by the office of the Governor of Maryland:. But in Maryland, we will continue to stand in the gap, fight for our families, and bring costs down, "said Gov. Moore. "Donald Trump has driven our country into a partisan shutdown as notices of higher health care premiums are on their way to mailboxes in Maryland and around the country,"…

Hawaii jobless claims hint at shutdown fallout

October 28, 2025

The first batch of 381 state unemployment insurance claims filed by idled or unpaid workers offers a glimpse of the effects of the federal government shutdown on Hawaii families as food banks are already feeling the pressure. The Pantry, based in Kalihi, held its first food giveaway specifically for people affected by the shutdown on Oct. 20 and expects more…

Expert: Cut Medicare overbilling to offset Obamacare rate hikes

October 28, 2025

–Obamacare premiums are expected to rise about 30% next year, adding pressure on Congress as Democrats continue to block a Continuing Resolution to reopen the federal government over the issue. The Congressional Budget Office estimates that health insurers will overbill the federal government by $124 billion over the next decade through Medicare…

When Will U.S. Health Insurance Cover Medical Cannabis?

October 28, 2025

Medical cannabis has become a fixture in the healthcare conversation, with millions of Americans using it to manage chronic pain, epilepsy, PTSD, and a range of other conditions. Yet, despite expanding legalization and widespread patient demand, the question of insurance coverage remains largely unanswered. For now, most patients are left paying out of pocket —…
The post When Will U.S. Health Insurance Cover Medical Cannabis? appeared first on PRISM MarketView.

Best’s Market Segment Report: Credit Fundamentals in Canada’s Property/Casualty Sector Remained Stable in 2024, Despite Record Catastrophe Year

October 28, 2025

However, Canada’ s insurers continue to navigate significant challenges, including persistent climate-related risks, challenges in the personal auto sector, partly from rising accident frequency, in addition to economic volatility.“ These pressures are testing the industry’ s resilience and demand continual refinement of underwriting strategies and…

SBLI Announces New Term Life Application and Submission Process to Align with Agent and Consumer Preferences

October 28, 2025

SBLI is pleased to announce a new application and submission process for its OmniTrak and EasyTrak term life insurance products that addresses consumer demand for more immediate and convenient purchasing experiences. SBLI brought its EasyTrak Term to financial professionals earlier this year, providing a modern, seamless purchasing experience that…

Republicans gutted health care, and Illinoisans are about to pay for it

October 28, 2025

Only this year is different.President Donald Trump and congressional Republicans are making big changes in your health care. If Republicans in Congress allow these tax credits to expire in the coming weeks, which at this point seems more than likely, more than 20 million Americans will see their health insurance premiums skyrocket starting Jan. 1.

IGI Appoints Malcolm Barnes as Head of Specialty Treaty

October 28, 2025

Malcolm, who has more than 35 years’ experience in the London market, joins IGI from Amlin Syndicate 2001. “We are excited to bring Malcolm on board as part of our reinsurance team,” said IGI Chief Underwriting Officer Mr. Chris Jarvis.“ He comes with significant underwriting experience and will be a strong fit as IGI continues to build its treaty reinsurance…

Alliant Private Client’s Daniel Strozberg and Willy Hammond Honored at 2025 PRMA Summit

October 28, 2025

Daniel Strozberg, First Vice President, Claims Manager, and Willy Hammond, First Vice President, Senior Loss Control Consultant at Alliant Private Client, a division of Alliant Insurance Services, have been named recipients of prestigious awards at the 2025 Private Risk Management Association Summit. The awards were presented during a ceremony held on…

One Inc Brings Embedded Digital Payments to Canadian P&C Insurance Market, Extends Strategic Partnership with Guidewire

October 28, 2025

FOLSOM, Calif.& SAN MATEO, Calif.—- One Inc, a leading digital payments network for the insurance industry, today announced the introduction of its flagship solution, ClaimsPay ® to the Canadian property and casualty market. The solution will be available as a Guidewire integration in Fall 2026 in the Guidewire Marketplace, marking an extension in the Guidewire…

Quality, cost of Medicare coverage vary by state, report finds

October 28, 2025

Indiana ranked 32nd out of the states and the District of Columbia. The Commonwealth Fund, a research nonprofit focused on health care, on Thursday released a report grading how well Medicare works for people in each state and the District of Columbia. "In some states, beneficiaries can see doctors quickly and afford their prescriptions," Gretchen Johnson, vice…

Sen. Rand Paul floats bipartisan commission amid Affordable Care Act subsidies battle

October 28, 2025

In an interview on "Fox News Sunday," the libertarian senator suggested Democrats agree to reopen the government for a one-month period, during which the commission would formulate proposals to address the enhanced Affordable Care Act tax credits set to expire at the end of the year and raise health insurance premiums for millions of Americans.

Loss of Affordable Care Act tax credits would affect East Texans, but critics push other reforms

October 28, 2025

The loss of federal health insurance tax credits could have an outsized impact on East Texas, where enrollment in the Affordable Care Act is high. Most Republicans in Congress don’ t want to extend the tax credits because they say the credits actually cause health insurance costs to rise by subsidizing the insurance industry. Democrats, meanwhile, insist on…

As insurers drop Medicare Advantage plans, seniors scramble for coverage

October 28, 2025

For 18 months, a Medicare Advantage plan from the health insurer Anthem has been covering a prescription medication for Richard Godek of Winchester. Citing decreased federal payments and rising health care costs, the private health insurers Martin’ s Point, UnitedHealth and Anthem are pulling their Medicare Advantage plans from New Hampshire in 2026..

Study of wine tariffs shows consumers will pick up part of Trump's tab

October 28, 2025

–A study from Duke's Department of Economics found that consumers ultimately paid more than the tariff cost on European wines during a 2019– 21 trade dispute, a finding that could have significant implications for U.S. consumers as a fresh wave of tariffs around the globe affects prices. "The bad news is that our estimates suggest consumer cost increases…

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