Archive for July, 2011

Kentucky Medicaid Firms Chosen

Jul 25, 2011 | by Stephen Murphy | No Comments »

The governor of Kentucky, Steven Beshear, has announced the new Medicaid contracts that hope to save residents a lot of money in general funds.  It’s estimated to save taxpayers about $375 million in general funds and $1.3 billion in all funds in the next three years.  Kentucky health insurance needs these savings to stay competitive and offer the right benefits to Medicaid eligible residents.

The article “Three Firms to Run Most of Kentucky Medicaid Plan” by Deborah Yetter on Citizens-Times.com discusses some of the details behind the decision.  Beginning October 1, the three companies will handle health care for approximately 560,000 Medicaid beneficiaries under 3 year state contracts.  Other r Read more…

Health Insurance: Should Birth Control Be Free?

Jul 19, 2011 | by Stephen Murphy | No Comments »

Many health insurance companies cover the cost of birth control pills, but not all of them.  This has been a big debate in health care for many years and the argument continues with health care reform.  A recent report for the US government from the Institute of Medicine recommends that women receive free prescription birth control.  This is part of an official report for the US Department of Health and Human Services which also includes eight other services to help support women’s well being.  Of the recommendations, free birth control is spurring the most controversy, which is to be expected.

The article “Women Should Get Free Prescription Birth Control, Report Says” by Catherine Paddock, PhD on Medical News Today goes into the details of the report.  This rep Read more…

One Beacon Auto Insurance Reports High Dividend Growth

Jul 18, 2011 | by Christopher Allen | No Comments »

One Beacon Auto Insurance is one of 14 companies marked as high dividend growth stocks for earnings this month by Seeking Alpha.  On their website they included details with interactive charts and price indexes to help readers see the impact these companies are having overall.  The Kapitall interactive charts are truly fascinating as you press a “play” button to compare changes in analyst ratings over the past two years.

Specifically speaking One Beacon reported earnings for their surety and title insurance industry.  The market cap was $1.26B while official earnings are to be released at the end of July.  Dividend yield is at 6.27%, a payout ratio at 11.91%, and a current year dividend per estimated at $1.53 vs TTM dividend per at $.84.  This h

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Auto Insurance Company Rewarding Teens

Jul 17, 2011 | by Christopher Allen | No Comments »

Auto insurance companies are always competing to win business, but MetLife had more in mind when they started their new “Teens on the Road to Safety Program”.  This program is specifically designed to encourage young drivers to make safe driving a priority.  The press release on Business Wire details how the program is expected to work.

MetLife Auto Insurance knew something needed to be done to reign in the number of accidents being caused by teenagers on the road.  One in three teenage deaths occur in car crashes and MetLife believes that can be prevented through education and awareness.  The program encourages young drivers to stay safe on the road by offering drivers who go a full year without accidents, claims or moving violations a $50 gift card from American Express.  If the Read more…

The basic rules for motorcycle insurance

Jul 13, 2011 | by admin | No Comments »

motorcycle insuranceMay be you commented your friend’s buying, and he told you hat it was very cheap. At the same moment you began thinking it must be of poor quality. People in general incline to associate the word cheap with a lower quality, and that’s exactly why insurance companies prefer to use different words!

Companies want to show you that their product is accessible, and they want you to know it was projected for a usual man in the street, but they do not want to imply that quality has been compromised.

The fact is, if you are looking for a cheap motorcycle insurance you have many results, it’s not important how insurance companies describe their products, it is cheap to insure motorcycle. Read more…

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