Swiss Required to Buy Health Insurance Since 1996

The individual mandate is, by far, the most complained about portion of the Affordable Care Act. As I write this blog, we are waiting to hear the Supreme Court’s ruling about it. Conversely, the Swiss government has required people to purchase health insurance since 1996. You probably haven’t heard about that, though, because the Swiss didn’t get outraged about it. In 1996, the Swiss government created federal laws that were designed to control the costs of health insurance and to ensure equitable coverage for everyone. One of the requirements that went into affect made all Swiss residents purchase health insurance … Continue reading

Insurance Blog Week in Review – May 27 – June 2, 2012

The Insurance Blog Week in Review provides you with a quick and easy way to “ketchup” on all the blogs that appeared here in the past week. There can be anywhere between twelve and fourteen different blogs that go up. What did you miss? Lloyd’s of London Denied Coverage for Bill Paxton The insurer that is well known for approving of all kinds of strange insurance policies denied a request made by Bill Paxton for life insurance. CalPERS Will Offer Coverage for Same-Sex Couples The California retirement fund for state employees will now be able to offer long-term care insurance … Continue reading