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Thursday, September 8, 2011 @ 10:09 AM
posted by admin

You may be feeling less financially secure than before the Great Recession began. Your retirement accounts may have rebounded, but your savings have dwindled. You may have found a new job, but at a lower salary. Some days you might feel like it’s all you can do to put food on the table and keep a roof over your head.

But what would happen if you died tomorrow?

“No one wants to think in those terms, but given that many of us are still in the financial rebuilding stage, you need to ask yourself, ‘Would my family be OK financially without me in the picture?’” says Lenny Robbins, Independent Life Insurance Agent with LifeNet Insurance Solutions of Calabasas, California.

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Thursday, August 25, 2011 @ 06:08 PM
posted by admin

There’s a heartbreaking moment in the HBO documentary on Orange County’s motel kids where Dylan Hayes is asked to name a wish for the summer. “To re-do my life,” he says.

Dylan, 11, and his younger siblings Deanna, 9, and Daniel, 5, spent two and a half years living in an Anaheim motel with their father, David, after the children’s mother died. They were featured in “Homeless: The Motel Kids of Orange County,” which premiered last year.

“I want to get a job when I’m a teen,” Dylan said. “If I have a job, I can help out and help my dad buy groceries. And I can buy video games if I save up.”

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Tuesday, April 19, 2011 @ 02:04 PM
posted by admin

Across all income levels, single parents are the group who are least likely to have life insurance, says a recent study by Genworth.The 2011 Genworth Financial LifeJacket Study showed many single parents–69% of those with children living at home and 59% of those who don’t have children living at home–have no life insurance. The study showed 45% of married couples with children in the household have no life insurance.

Approximately half of the U.S. population is without life insurance, according to the study. Single people, with or without children, are 36% below the national average of coverage.

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Monday, April 4, 2011 @ 06:04 PM
posted by admin

  • MARCH 21, 2011, 3:51 P.M. ET

WellPoint Anthem To Cut, Delay Calif Rate Increase – Official

WellPoint Inc.’s (WLP) Anthem Blue Cross of California has agreed to delay and reduce its 2011 rate increases for individual health plans, a move that will save customers in the state at least $40 million, the state’s insurance commissioner said Monday.

Anthem Blue Cross, the state’s largest health plan, projected it will lose money on individual health-insurance coverage in California this year after losing some $110 million there in 2010. The losses, however, are anticipated to be less than the $40 million in savings that the commissioner referenced, the company said, without giving a specific projection.

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Sunday, February 6, 2011 @ 05:02 PM
posted by admin

Dear Liz: I’m 26 and got married in August. For our honeymoon, we went to my hometown. We went for a hike through the hills and I got bitten by a rattlesnake.

After I spent the night in a hospital, we got a bill for just under $20,000. I don’t have health insurance (big mistake, I know). Because our combined income is more than $24,000, we were told we were not eligible for any discount. The woman I spoke with about the bill told me my options were to pay off the bill at $550 a month for the next three years, which is more than we pay for rent; pay the bill in full and get a 10% discount, which I do not have the money for; or file for bankruptcy.

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Friday, January 28, 2011 @ 11:01 AM
posted by admin

Three of California’s largest health insurers — Anthem Blue Cross, Aetna and Pacificare — have agreed to hold off on planned rate increases for 60 days, California’s new Insurance Commissioner Dave Jones said today.

“The state’s largest health insurers have submitted multiple premium increases for early 2011, and I am very concerned about the impact these increases will have on policyholders, especially since I have not had sufficient time to review these filings,” Jones said.

A new state law, SB 1163, requires Jones’ office to review the reasonableness of health insurance rate increases, but he does not have the power to deny rate hikes.

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Thursday, December 9, 2010 @ 07:12 PM
posted by admin

We are excited to introduce 11 new Individual products, available to sell today with a first effective date of December 10, 2010. These familiar plan designs are compliant with the Patient Protection and Affordable Care Act (PPACA) mandated benefits and continue to offer a broad choice of coverage to help meet your  needs. These plans supplement our PPO Share 3500 and 7500 and HMO plans that were previously approved.

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