Insurance Blog

Tuesday, March 20, 2012 9:00 am
By Jay MacDonald · Bankrate.com

The latest analysis from the nonpartisan Congressional Budget Office on the likely economic impact of health care reform offers a measure of validation to supporters and opponents both as the landmark 2010 law nears its day of reckoning in the U.S. Supreme Court. The CBO estimates that the Affordable Care Act will cost the government

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Friday, March 16, 2012 9:00 am
By Jay MacDonald · Bankrate.com

If you find the prospect of buying long-term care insurance daunting, you ought to try selling it these days. Beginning in 2011, an estimated 77 million baby boomers born between 1946 and 1964 started turning 65 and will continue to do so at a rate of 10,000 per day for the next 18 years. By

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Friday, March 9, 2012 10:00 am
By Jay MacDonald · Bankrate.com

Tomorrow, the feds will unveil a new consumer-friendly Medicare billing statement that officials hope will mobilize their largest fighting force in the war against Medicare fraud: America’s 36 million Medicare recipients. If you think that’s a lot to ask of a mere paperwork redesign, consider its promo material: “You can make a difference! Last year

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Tags: Medicare
Tuesday, March 6, 2012 10:00 am
By Jay MacDonald · Bankrate.com

Talking or texting while driving is a dangerous highway habit that contributes to an estimated 3,000 deaths annually. Research has shown that its cognitive and response impairments are similar to drunk driving. Last year, the National Transportation Safety Board had seen enough of the carnage to call for a nationwide ban on the use of mobile

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Friday, March 2, 2012 10:00 am
By Jay MacDonald · Bankrate.com

It was deja fury all over again in the Midwest this week, where devastating tornadoes seemed to pick up where they left off last spring. Hardest hit were Branson, Mo., where twisters killed three, injured 32 and caused heavy damage to its popular country music theaters, and Harrisburg, Ill., which reported six dead, more than 100 injured

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Friday, February 24, 2012 10:00 am
By Jay MacDonald · Bankrate.com

Would you waive the right to sue your doctor for malpractice? If a nascent bill just approved by the Florida Senate Judiciary Committee gains traction, Sunshine State residents may be required to do just that before the nurse can say, “The doctor will see you now.” The plan would allow doctors and other health care

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Tuesday, February 21, 2012 11:00 am
By Jay MacDonald · Bankrate.com

Oscar-winning actress Marisa Tomei could use a little help from a crafty New York lawyer to settle an insurance lawsuit brought by a notably eccentric neighbor in her Greenwich Village apartment building. If this sounds like the setup for an outrageous John Waters movie, you’re half right: the notably eccentric neighbor in question is none other than the pencil-thin-mustachioed

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Friday, February 17, 2012 10:00 am
By Jay MacDonald · Bankrate.com

One year ago, Hillsborough County in Florida’s Tampa Bay had 775 staged accidents, the second highest in the nation behind New York City. The $15.5 million price tag for those bogus medical claims drove auto insurance premiums in the county up $350 or more, according to the National Insurance Crime Bureau, or NICB. First, county

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Friday, February 10, 2012 10:00 am
By Jay MacDonald · Bankrate.com

My recent blog, “Ending the doctor gravy train,” that explored how health care reform plans to make transparent the commonplace practice of doctors accepting gifts of food, money and junkets from pharmaceutical companies really hit a nerve with doctors out there. Here’s a sampling: Doc: This article is ridiculous. Virtually all gifts and freebies that

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Tuesday, February 7, 2012 10:00 am
By Jay MacDonald · Bankrate.com

As President Barack Obama’s historic health care reform inches toward its final exam before the Supreme Court next month, a second front led by leaders of the Catholic Church has been growing against the Affordable Care Act. Unlike the legal challenge by 26 states to the act’s “individual mandate” that requires all Americans to purchase health

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