Tuesday, April 20, 2010

Insurance news: Some insurers to cover adult kids early, millions in travel claims, and lots of coverage on our extreme fraud case

Several large health insurers - including UnitedHealthcare, Humana, Kaiser Permaanenet and WellPoint - have said they'll start some of the health reforms early, letting adult kids stay on their parents health plans until age 26. According to Kaiser Health News, the companies said they're changing rules now to prevent young adults from falling into a coverage gap.

For the most part, travel insurance companies are paying claims from the volcanic ash fallout. Of course there are exclusions, but you could be in luck if you had non-refundable prepaid travel. According to the New York Times, stranded passegers who qualify can get paid $150 to $250 a day up to $1,500. The industry expects to see millions in claims from travelers. Something to think about when you're planning your summer safari...
Read the full story.

And finally, Here's some coverage on our release about an extreme fraud case out of Kelso, Wash.:

Puget Sound Business Journal: State: Kelso woman scammed $200k in insurance fraud
-Longview Daily News: Kelso woman sentenced for filing dozens of fraudulent insurance claims
-KBKW: Long string of “accidents” turns out to be insurance fraud
-Seattle Weekly

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