Below are some recent Ohio insurance new bits:
There is some resistance to making health exchanges in Ohio from Governor Kusich’s office. The risk is that the state may not get money from the Feds. The head of insurance for Ohio does not agree with the Presiden’t reform and has been vocal about this disagreement. Her and the state adminstration feel that it would hurt job creation and burden employers . Consumer groups are trying to sway them to get started creating an exchange. The feds have received resistance from more than one state regarding this issue. For more on this story go here.
Jobless folks in Ohio (more than 70,000) are hoping that unemployment insurance payments can continue in 2012. They are waiting for the Federal government to make a decision on whether they will continue to pay. So far from both parties have seemed to be in agreement with continuing assisance. Read on here.
Concerned about buying a new home and then watching the equity decline? There is a new insurance product that has been introduced in Ohio that was established to ease this worry. Its called home value protection. It is set up to hedge a bad real estate market. This policy type would bascially would pay the difference between what the homeowner initially paid for the home and what they were able to sell it off for later if it went down to a bad local market. More details here.