The Franciscan University of Steubenville had made the announcement that it will drop health insurance coverage for students. This cancellation of student health insurance will begin this fall. The University is doing this to save money and to avoid having to cover birth control in student health insurance plans. Around 60 years ago, the Franciscan University of Steubenville, which is located in Ohio, was founded. It is ranked as one of the top-tier private colleges in the Midwest. The University’s website describes the school as “passionately Catholic”. It has about 2,800 students. Less than 200 of those students have been … Continue reading →

I recently was approved for a health insurance policy. Unfortunately, the plan came with premiums that were about $130 higher than what I was expecting them to be, based on the information at HealthCare.gov. Today, I am going to officially cancel the health insurance that I cannot afford to keep. So far, my attempts to find affordable health insurance have been a bit of an emotional roller coaster ride. First, something happens that gives me hope. It is always quickly followed by something that ensures that those hopes are dashed. It seems to be a situation of good news / … Continue reading →

It’s official! The rules about what insurance companies can, and cannot, include as part of the “medical loss ratio” have been decided. Government regulators worked together with the National Association of Insurance Commissioners to come up with what is allowed, and what is forbidden. How does this affect consumers like you? People who have health insurance must pay premiums. Often, these premiums are paid monthly. New regulations that begin in 2011 require insurance companies to pay between 80% and 85% of the money they get from their customers on medical claims, or on activities that will improve the health of … Continue reading →