0:08
is Sten Vegas with live insurance
0:09
news.com bringing you the major
0:11
headlines from this weekend insurance
0:13
News Flood insurance rate increases
0:16
anger homeowners recent natural
0:18
disasters in New York are having a Major
0:20
impact on Flood insurance causing
0:28
frustra insur jump from 00 a year to as
0:32
much as 000 a year New York City Mayor
0:36
Michael Bloomberg Has submitted
0:38
proposals to make Flood insurance more
0:40
accessible by mitigating its
0:42
costs Health insurance rates could Spike
0:45
in florid insurance Commissioner Kevin
0:47
mccarty is warning that Health insurance
0:49
premiums in the state could Rise for
0:51
small businesses and individuals due to
0:53
the impact of the Affordable care Act
0:56
the Commissioner suggests that rates for
0:58
small groups could r by 20% with rates
1:01
for individs growing by 40% due to
1:04
federal regulation the state Health
1:06
insurance exchange could help alleviate
1:08
this problem but Commissioner mccarty
1:10
remains wary of the exchange and the
1:12
fact that it will be operated by the
1:13
federal government Health insurance
1:16
exchange in Maryland loses Etna plans
1:19
Etna has announced That it is backing
1:21
out of Mary's Health insurance exchange
1:23
the insur suggest that the rates for
1:25
plans approved by lawmakers are not
1:27
feasible claiming that these rates would
1:30
cover the cost of the PL being offered
1:32
through the exchange with backing out of
1:34
the exchange consumers in Maryland will
1:36
have fewer Options When it comes to
1:38
receiving coverage through the exchange
1:39
itself Health insurance provision Delay
1:42
could be a costly measure the
1:43
congressional budget Office has released
1:45
a new report concerning The Delay of
1:47
certain provisions of the Affordable
1:49
care Act the report suggests that the
1:51
delay of a certain provision could cost
1:53
a country approximately billion and
1:56
leave more than 1 million consumers
1:58
without coverage Vision That was delayed
2:00
by the Obama administration requires
2:02
small businesses to provide Health
2:04
insurance coverage to full-time
2:06
employees beginning in 2014 The Delay
2:09
pushes this requirement back to 2015
2:12
small business Health insurance exchange
2:14
may be coming to Mississippi Mississippi
2:16
insurance Commissioner Mike chany has a
2:18
new plan concerning the state's health
2:20
insurance exchange the Commissioner
2:22
intends to establish and operate a
2:24
Health insurance exchange that will
2:26
Cater exclusively to small businesses
2:28
Commissioner CH is currently awaiting
2:30
approval for his plans from The
2:32
department of health and human Services
2:35
without this approval the Commissioner
2:36
will not be able to form this exchange
2:38
That's it for this week's News Roundup
2:40
be sure to visit Live inss for Active
2:43
coverage of the issues that matter to
