Factors Influencing 2019 Premiums in the Individual Market

| February 25, 2018

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Health insurance providers are already starting the process of making decisions about market participation, product offerings, and pricing for the 2019 plan year. The individual market faces challenges including high premiums and high premium increases, fewer plan choices for many consumers, lower-than-projected enrollment, and risk pool challenges in certain states and markets. Members of Congress and the Administration have a short opportunity to enact legislation that would put strong downward pressure on premiums in 2019, 2020 and beyond.

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Direct General

Direct Auto & Life Insurance was founded under the belief that everyone should be able to get the coverage they need, the services they want, and the respect they deserve, regardless of their driving, insurance or credit history. Headquartered in Nashville, TN, Direct has rapidly expanded across the Southeast. Direct provides consumers with as variety of products and services, which include Auto and Life Insurance, Emergency Protection Plans and Roadside Assistance.

OTHER ARTICLES

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How Are Chatbots and Artificial Intelligence Are Adding Value To The Insurance Sector

Article | April 7, 2020

Chatbots are capable of providing one-on-one consultancy to website visitors, customers, as well as internal employees. In the insurance industry, this is vital, as it is a large, complex industry that customers and employees alike may have questions about. Where do chatbots fit in within the insurance industry? One of our chatbot experts has crafted a list of key areas for chatbots in the insurance industry.

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Will Digital Overload Turn Consumers Away From Insurtech Products?

Article | February 14, 2020

Despite consumers never having had so much choice of technology, media and telecommunications (TMT) products and services, many UK households are becoming overwhelmed by the prospect of switching provider, which is leading to apathy among consumers. This kind of weariness with online tech could well hamper new insurtech start-ups, looking to win over new customers who are already browsing their fave websites and apps.

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Spotlight

Direct General

Direct Auto & Life Insurance was founded under the belief that everyone should be able to get the coverage they need, the services they want, and the respect they deserve, regardless of their driving, insurance or credit history. Headquartered in Nashville, TN, Direct has rapidly expanded across the Southeast. Direct provides consumers with as variety of products and services, which include Auto and Life Insurance, Emergency Protection Plans and Roadside Assistance.

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