Exact(4)
Premiums will double for new policyholders and many old ones within three or four years under the new law.
Under Obama, the insurance industry, which has frequently torpedoed reform, accepted new regulations, including a ban on denying coverage to new policyholders with preëxisting medical conditions, in exchange for the individual mandate, which required Americans to buy their products.
Mitchelson loves how tough Mercury is on new policyholders.
This should also be checked for accuracy, especially in advance of applying for coverage, since 90% of the companies that sell homeowner's insurance and 85% of auto insurers use this information when considering new policyholders.
Similar(56)
While provisions are to be made to try to keep the cost of coverage steady for current policyholders, new customers may have to pay higher premiums, the consumer advocates say.
Now permitted in all states except Montana and Colorado, gender-distinct pricing will not affect Genworth's current policyholders, only new applicants.
The Louisiana Supreme Court upheld two new state laws giving policyholders more time to sue their insurers or file claims over damage from Hurricanes Katrina and Rita.
Lobbying groups representing some care providers accepted those reductions during the health care debate, and in exchange they got the law's mandate for nearly all individuals to have insurance, which meant that providers and insurers would have millions of new paying patients and policyholders.
Life insurers constantly offer new features to maximize policyholders' income potential and retirement security.
Insurance providers are constantly coming up with new products to sell to policyholders.
Life companies found themselves unable to pay policyholders out of new money.
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