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Best's Review contributor Ojusvi Chauhan is an advocate who practices law in New Delhi, India, focusing on insurance dispute resolution and representing some of the world's largest insurers and reinsurers [...]

Byline: Piper Hutchinson, The Louisiana Illuminator With Louisiana residents facing sky-high auto insurance premiums, state lawmakers are scrutinizing astate lawthat many say has prevented full transparency in jury trials on [...]

Byline: Louisiana Illuminator Louisiana homeowners will no longer have the assurance of holding onto their longtime property insurance policies after a damaging storm. And they could start seeing increases in [...]

Byline: The Center Square Louisiana lawmakers heard Thursday about the state's high auto insurance rates and discussed possible solutions. Sen. Kirk Talbot, R-Jefferson, said Louisiana ranks number one in cost [...]

Byline: Kevin Oklobzija New York is taking steps to eliminate what officials say are discriminatory practices by insurance providers when it comes to affordable housing coverage. Insurers are now prohibited [...]

Byline: CityBusiness Guest Perspective Affordability and availability of homeowners insurance in Louisiana was top of mind for lawmakers in the 2024 regular legislative session, and several bills have crossed the [...]

Byline: Wesley Muller, The Louisiana Illuminator The Louisiana Legislature repealed a decades-old law Monday that prevents homeowner insurance policy cancellations. House Bill 611, sponsored by Rep. Gabe Firment, R-Pollock, received [...]

Byline: The Center Square Proposals involving surcharges by Louisiana's insurer of last resort and insurance carriers expecting profit exceeding 10% have been deferred. Lawmakers are grappling withinsurance carriers leaving a [...]

Byline: Wesley Muller, The Louisiana Illuminator Two bills to repeal a consumer protection law in Louisiana that stops insurance companies from canceling homeowner policies without good reason are nearing final [...]

When CPA financial planners ask clients who are otherwise financially prepared for retirement when the clients plan to retire, they often hear that health insurance coverage is the deciding factor. [...]

Objective: To estimate the effects of Children's Health Insurance Reauthorization Act (CHIPRA), a policy that provided states the option to extend Medicaid/CHIP eligibility to immigrant children who have not been legal residents for five years or more, on insurance coverage, access, utilization, and health outcomes among immigrant children. Data Sources: Restricted use 2000-2016 National Health Interview Survey (NHIS). Study Design: We used a difference-in-differences design that compared changes in CHIPRA expansion states to changes in non-expansion states. Data Collection: Our sample included immigrant children who were born outside the US, aged 0-18 with family income below 300% of the Federal Poverty Level (FPL). Subgroup analyses were conducted across states that did and did not have a similar state-funded option prior to CHIPRA (state-funded vs. not state-funded), by the length of time in the US (5 years vs. 5-14 years), and global region of birth (Latin American vs. Asian countries). Principle Findings: We found that CHIPRA was associated with a significant 6.35 percentage point decrease in uninsured rates (95% CI: -11.25, -1.45) and an 8.1 percentage point increase in public insurance enrollment for immigrant children (95% CI: 1,26, 14.98). However, the effects of CHIPRA became small and statistically not significant 3 years after adoption. Effects on public insurance coverage were significant in states without state-funded programs prior to CHIPRA (15.50 percentage points; 95% Cl:8.05, 22.95) and for children born in Asian countries (12.80 percentage points; 95% CI: 1.04, 24.56). We found no significant changes in health care access and utilization, and health outcomes, overall and across subgroups due to CHIPRA. Conclusions: CHIPRA's eligibility expansion was associated with increases in public insurance coverage for low-income children, especially in states where CHIPRA represented a new source of coverage versus a substitute for state-funded coverage. However, we found evidence of crowd-out in certain subgroups and no effect of CHIPRA on access to care and health. Our results suggest that public coverage may be an important tool for promoting the well-being of immigrant children but other investments are still needed. KEYWORDS child, emigrants and immigrants, Medicaid, medically uninsured What is known on this topic * Children's Health Insurance Program Reauthorization Act of 2009 provided states the option to extend Medicaid/CHIP eligibility to immigrant children who had not resided in the US for five years (i.e., the 'five-year bar'). * Studies found CHIPRA was associated with a 10 percentage point decrease in the uninsured rate of immigrant children. * Existing work focused on the earliest CHIPRA adoption states and found there is no evidence that later adopting states had higher uninsured rates or that program effects were persistent. What this study adds * The effect of CHIPRA was strong during the first three years of adoption but diminished with time. * States that covered immigrant children under the five-year bar prior to CHIPRA experienced smaller effects than states that did not have pre-existing programs., 1 | INTRODUCTION Nearly 2.5 million children in the United States are foreign-born. (1) Immigrant children face several barriers to health care access including economic status, language difficulties, acculturation pressures, [...]

A well-crafted Buy-Sell agreement is a prerequisite for all closely held businesses that have two or more owners. Regardless of how an entity is organized and operated, whether it is [...]

The tax insurance market is rapidly evolving and its benefits are becoming more widespread, especially in the area of mergers and acquisitions. To find out more about what's happening in [...]

Louisiana Gov. Jeff Landry recently signed a raft of four bills aimed at stabilizing the state's property insurance market, including one that allows carriers to nonrenew up to 5% of [...]

Objective: To examine factors associated with accurate reporting of private and public health insurance coverage. Data sources: Minnesota health plan enrollment records provided the sample for the Comparing Health Insurance Measurement Error (CHIME) study, a survey conducted in 2015 that randomly assigned enrollees to treatments that included health insurance questions from the American Community Survey (ACS) or the redesigned Current Population Survey Annual Social and Economic Supplement (CPS). Study design: Reverse record check study that compared CHIME study survey responses to enrollment records of coverage type (direct purchase on and off the Marketplace, Medicaid, or MinnesotaCare), service use, subsidy receipt, and duration of coverage from a major insurer. Data collection methods: Using matched enrollment and CHIME survey data and logistic regression, we examined correlates of accurate insurance type reporting, including characteristics of the insurance coverage, the covered individual, respondent, and family. Principal findings: Reporting accuracy across treatment and coverage type is high (77%-84%). As with past research, accurate reporting of public insurance is higher for people with characteristics consistent with eligibility for public insurance for both survey treatments. For the ACS treatment, reports of direct purchase insurance are more accurate for enrollees who receive a premium subsidy. Conclusions: Given the complexity of health insurance measurement and frequently changing policy environment, differences in reporting accuracy across treatments or coverage types are not surprising. Several results have important implications for data editing and modeling routines. First, adding premium and subsidy questions in federal surveys should prove useful given the finding that subsidy receipt is associated with reporting accuracy. Second, across both survey treatments, people whose opportunity structures (race, ethnicity, and income) match public program eligibility are accurate reporters of this coverage. This evidence supports using these commonly collected demographic variables in simulation, imputation, and editing routines. KEYWORDS American Community Survey, Current Population Survey, health insurance, Marketplace, Medicaid, reporting accuracy What is known on this topic * Identifying factors associated with accurate health insurance reporting may help refine models that account for measurement error and boost confidence in insurance coverage estimates. * Past research on correlates of reporting accuracy is limited to Medicaid, precedes the Affordable Care Act (ACA), and precedes the redesign of the Current Population Survey Annual Social and Economic Supplement (CPS). * Medicaid reporting accuracy varies by survey, characteristics of enrollees (e.g., age, administrative record reports of health care use, and duration of coverage), and respondent characteristics (e.g., income, education, and employment). What this study adds * Explores correlates of reporting accuracy among people with public and private coverage (including Marketplace coverage) after full implementation of the ACA. * Contrasts accuracy of reporting for the Comparing Health Insurance Measurement Error (CHIME) survey respondents receiving the health insurance questions series adapted from the American Community Survey (ACS) and the redesigned CPS. * We find that correlates of accurate reporting of public and subsidized Marketplace insurance are associated with program eligibility, which provides credibility to commonly applied data editing routines and simulation models., 1 | INTRODUCTION Errors in reporting health insurance coverage are well documented in validation studies, (1-4) as is variation in the magnitude of measurement error by coverage type (5-7) and [...]

The term 'Split-Dollar Life Insurance' is a bit of misnomer. On the surface, it sounds like a specific type of a life insurance policy (for example: Whole Life Insurance, Term [...]

When a company faces a catastrophe and a wave of potential civil cases, John 'Jack' Delany and Kristen Worley, co-chairs of Marshall Dennehey's catastrophic claims litigation group, said they look [...]

Teresa Chan once helped Native Americans improve economic opportunities and worked to develop renewable energy programs for them. She assisted in creating business plans and raised funds to facilitate business [...]

The CIC Services (1) decision recently handed down by a federal district court in Tennessee has drawn the attention of those involved in microcaptive insurance transactions, other taxpayers engaged in [...]

IN 2021, CONGRESS PASSED THE BIPARTISAN INFRASTRUCTURE LAW AND MADE THE LARGEST FEDERAL INVESTMENT IN PUBLIC TRANSIT IN THE NATION'S HISTORY. Between new investments and reauthorizations, the legislation committed $89.9 [...]

The bill would allow the Missouri Farm Bureau to offer personalized policies, providing preventive care, hospitalization and emergency services, to its members. A GAO report cautions about potential consumer risks [...]

While insurance is decentralized and regulated at the state level in the United States, the Federal Reserve is tasked with providing additional oversight on some of the largest U.S.-based companies. [...]