Sentences with phrase «of insurance premium increase»

The most common and well - known cause of insurance premium increase is the rise in the number of car accidents that cause severe injuries to persons and properties involved.

Not exact matches

The lack of a dramatic year - over-year increase in health insurance monthly premiums is a good thing for anyone considering a move to the District.
Like many employers, van Dam has seen annual double - digit increases in health insurance premiums over most of the past decade.
After debacles in the rollout of the law, many Americans are accepting penalties versus buying insurance due to the increases in health insurance premiums.
The Healthcare Reform Law, including The Patient Protection and Affordable Care Act and The Healthcare and Education Reconciliation Act of 2010, could have a material adverse effect on Humana's results of operations, including restricting revenue, enrollment and premium growth in certain products and market segments, restricting the company's ability to expand into new markets, increasing the company's medical and operating costs by, among other things, requiring a minimum benefit ratio on insured products, lowering the company's Medicare payment rates and increasing the company's expenses associated with a non-deductible health insurance industry fee and other assessments; the company's financial position, including the company's ability to maintain the value of its goodwill; and the company's cash flows.
Plus, as a result of previously passed measures, automatic tax increases are scheduled in the years ahead — such as an extra $ 5 billion in Employment Insurance premiums to be collected annually until 2015.
Recent legislation places tighter controls on workers» compensation medical costs and ensures that insurance carriers» requests for rate increases receive a high level of scrutiny to tackle recent increases in premiums.
After filing just one claim, car insurance premiums increase by an average of 41.81 %, according to an annual study -LSB-...]
The Senate tax bill would substantially increase premiums in the individual market for health insurance, and middle - class families would bear the brunt of the price hike.
About half of the year - over-year increase in budgetary revenues was attributable to higher personal income taxes, Goods and Services (GST) revenues and employment insurance (EI) premiums.
In this Update, the Minister of Finance again scooped the Canada Employment Insurance Financing Board (CEIFB) by announcing that the employee premium rate for 2012 would increase by 5 cents, rather than the 10 cents assumed in the June 2011 Budget.
Filing too many claims can result in increased cost of premiums and in some cases, even an insurance company to drop a policyholder.
This profile reflects in part the operations of the employment insurance (EI) program, with premium rates increasing to 2016 and falling thereafter, as the deficit in the EI Operating Account is «paid off».
The incremental fiscal stimulus of about $ 2 billion for increased employment insurance benefits and limiting the rate increase in EI premium rates to 5 cents in 2011 saved 5,000 jobs (no wonder increases in EI premium rates are called job killers).
The premiums of a term life insurance policy remains fixed for the length of its term, after which it will increase by a pre-specified amount.
In their 2015 election platform, the Trudeau Liberals identified a number of items related to Employment Insurance (EI) that they would change: reversing the Harper EI reforms defining «suitable work»; reducing the waiting period for EI benefits; reducing EI premiums; introducing more flexible parental leave; providing better access to compassionate care; and increasing funding for employment and training programs managed by provinces, territories and Aboriginal labour market organizations.
The higher revenues primarily reflect higher employment insurance premium revenues in the short term and increased personal income tax revenues in the last two years of the forecast period.
Of the $ 3.2 billion year - over-year improvement, budgetary revenues were up by $ 3.9 billion, primarily due to higher personal income tax revenues (up $ 3.4 billion, reflecting increases in employment and average wages) and employment insurance premiums (up $ 1.6 billion reflecting higher premium rates and an increase in maximum insurable earnings).
You'll have an upfront mortgage insurance premium for 1 % of the loan amount, as well as an annual premium for 1.1 % - 1.15 % of the loan amount (these were increased in April 2011).
Although the payment of the insurance premiums is not tax deductible, any increase in the cash value of the insurance policy due to investment gains is not taxed until you begin to withdraw the money after you retire.
The payment of GST on insurance premiums has boosted those components of CPI inflation over the past year; the method of measurement based on premiums net of claims means that the recorded price of insurance in the CPI has increased by more than the GST rate.
When it became apparent that the cost - sharing subsidies to the insurers would be cut off, state insurance regulators and insurance carriers concentrated the premium increases to their silver plans instead of spreading the premium increase across all their marketplace plans.
Traditional term life insurance is the best option for most families because of how affordable it is; however, if you can afford to regularly pay the increased ROP premiums without fail, then it's something to be considered.
ART premiums start out lower than that of level term life insurance, but because they increase significantly, we typically do not recommend ART.
Our $ 10 - a-day child care program would really make a difference for Coquitlam families who are feeling squeezed after years of increasing hydro bills, skyrocketing car insurance rates and rising medical service premiums
You can use these dividends to increase your life insurance protection or reduce your out - of - pocket premiums, or you can simply take them in cash.
Regular term life insurance is the best option for most families because of how affordable it is; however, if you can afford to regularly pay the increased ROP premiums without fail, then it's something to be considered.
For 2011, the Minister of Finance rejected the recommendation of the Canada Employment Insurance Financing Board (CEIFB) to increase employment insurance (EI) premium rates by 15 cents (employee rate) but instead capped the increase toInsurance Financing Board (CEIFB) to increase employment insurance (EI) premium rates by 15 cents (employee rate) but instead capped the increase toinsurance (EI) premium rates by 15 cents (employee rate) but instead capped the increase to 5 cents.
This means that the cost of home ownership in the immediate affected areas could be higher, as homeowner's insurance premiums may increase because of the catastrophe.
Employment Insurance (EI) premiums were up $ 1.0 billion over the first seven months, reflecting increases in the contribution rates (the employee premium rate increased from $ 1.83 per $ 100 of insurable earnings in 2012 to $ 1.88 in 2013 and 2014) and a 3.3 % increase in the base to which the premium rates apply.
With title insurance premiums representing a relatively stable percentage of home price over time, title insurers enjoy a steadily increasing revenue stream as home prices appreciate.
If some one is fat lazy slob who smokes your insurance premiums increase due to the risk in the insurance pool you are a part of goes up do to that individuals choices to not exercise, not smoke, not eat health.
The societal costs borne of poor nutrition are absolutely staggering and they come right out of my pocket — why do I pay increasing insurance premiums (not to mention medicare and medicaid) if I'm healthy and don't burden the insurance system?
In the event of mitigating circumstances such as nonexistent or poor health insurance coverage that would increase your costs significantly, the surrogate may be willing to settle for a lower base compensation because you pay her insurance premiums.
But even if the returns to RSML end up amounting to no more than $ 20 million per annum, the total take will be in excess of $ 1 billion over the lifetime of the contract if increases in the levy merely tracks inflation in insurance premiums over the last decade.
«Mr. Maragos was also one of the first to ring the alarm when health insurance companies proposed crippling premium increases earlier this year.»
New Yorkers who sign up for insurance under the Affordable Care Act exchanges for individuals will see their premiums rise by an average of 14 percent, now that the Cuomo administration has approved rate increases for insurers in the exchanges.
Both contracts guard against increases in the percentage of premium cost - sharing for health insurance.
«Majorities of Upstate New York voters clearly despise President Trump, House Republicans and their collective effort to pass a health care bill that would have increased premiums and kicked people off their health insurance.
Instead of grandstanding on this issue, he should have the courage to speak up for the millions of Americans who have lost their health insurance or are facing massive increases in their premiums because he cast a deciding vote in favor of Obamacare.
# 13 is believed to have been added to the average bill as a result of Chancellor George Osborne's increase to insurance premium tax last November.
The requirement would fundamentally alter New York's exchange, which is among the most successful of the state run marketplaces, and could cripple newly formed insurance companies, drive doctors out of networks and increase premiums on the state's exchange by as much as 30 percent.
Increased Retiree Health Insurance Premium - Sharing: While most employers — public and private — do not reimburse retirees for the cost of Medicare Part B premiums, New York State pays for the standard premium and the Income - Related Monthly Adjustment Amounts (IRMAA) levied on high - income retirees (couples with incomes in excess of $ 170,000 per year).13 Under the Governor's proposal, the State would cap the amount retirees are reimbursed at current levels and discontinue IRMAA reimbursements for those most able to afford the costs of health iInsurance Premium - Sharing: While most employers — public and private — do not reimburse retirees for the cost of Medicare Part B premiums, New York State pays for the standard premium and the Income - Related Monthly Adjustment Amounts (IRMAA) levied on high - income retirees (couples with incomes in excess of $ 170,000 per year).13 Under the Governor's proposal, the State would cap the amount retirees are reimbursed at current levels and discontinue IRMAA reimbursements for those most able to afford the costs of health insuranceinsurance.
Average premiums in the nongroup market would increase by about 10 percent in most years of the decade (with no changes in the ages of people purchasing insurance accounted for) relative to CBO's baseline projections.
The ACA's tactic was, rather than reducing premiums to make them lower than how much a person would pay without insurance, to increase the cost of not getting insurance to make it higher than premiums.
The Health Insurance Service Providers Association of Ghana is demanding an increase in premiums paid by National Health subscribers.
The CBO says the Senate bill could increase the number of people without health insurance nationally to 22 million by 2026 and could triple health care premiums for the elderly by 2026.
«By expanding driver's licenses to all New Yorkers regardless of immigration status, our campaign can improve the lives of some of the most vulnerable New Yorkers, ensure that everyone can be properly licensed and certified with an inspected and insured vehicle, and will drop insurance premiums for everyone and result in increased revenue for the state,» stated NYIC Executive Director Steven Choi.
ALBANY, NY (12/28/2011)(readMedia)-- A coalition of CSEA, PEF, UUP, NYSCOPBA, NYSTPBA, NYSPIA, and AFSCME Council 82, unions representing virtually all of New York State employees have filed lawsuits in federal court challenging the Cuomo Administration's unilateral increase in the percentage of health insurance contributions required of state retirees.The legal challenge applies to changes made by the administration this fall and covers state employees who have retired and seen their share of health insurance premium increase beyond the level at which they retired.
The savings would come from a lack of broad - based salary increases, plus health care givebacks such as an increase in the share of insurance premiums paid for by workers and retirees.
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