Insurance Sector

California Proposes Very Humble Rate Hikes for Obamacare in 2015

California Proposes Very Humble Rate Hikes for Obamacare in 2015

Going against the general trend of high rate hikes the officials of California said that the consumers of the state-run Obamacare insurance exchange which sum up to more than 1.2 million can expect a humble rise in price by 4.2% on average sometime in 2015.

Silicon Valley Billionaire purchases the most expensive life insurance

Silicon Valley Billionaire purchases the most expensive life insurance

The most expensive life insurance policy has been purchased by an unnamed billionaire in the Silicon Valley.

National Disability Insurance Scheme Proving Costly Affair

National Disability Insurance Scheme Proving Costly Affair

The national disability insurance scheme is proving a costly affair. The cost of care and support plans with regard to the scheme in its first three months has come out to be $46,290.

The amount is said to be more than 32% than the average cost predicted in the model designed by the Productivity Commission.

39 Members of Democratic Party Voted in Favor of a Republican bill

39 Members of Democratic Party Voted in Favor of a Republican bill

As per recent reports, it has been unveiled that 39 members of the Democratic Party have voted in the favor of a Republican bill in the House of Representatives.

Health Insurance Enrollees Number too Low

Health Insurance Enrollees Number too Low

The Department of Health and Human Services has come up with a report in which it has unveiled about number of Americans selected for health plan through exchanges, i. e. 106,185 Americans from October 1 to November 2. The report has unveiled that majority of people have been signed up through the government run website that is available in 14 different states.

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