An insurance trade group today announced a “series of steps” to expand the number of Americans who have health insurance. “The proposals, approved by a board of the industry’s main trade group, would make it harder for insurers to cancel policies or deny coverage to people with pre-existing medical conditions. The steps would also limit the premiums that could be charged for such people.” The trade off? “The trade group also called on states to provide individual coverage for people who were likely to incur very high medical bills.”
Kids who spin yo-yo waterballs around their heads can get them wrapped around their necks, leading to tales of temporary blindness, blackouts, and neck scars. Today New Jersey voted 71-to-7 to ban sales of the toy. [Newsday]
Where are the affordable real estate markets in your state? Oh, we don’t know. It’s a good thing BusinessWeek does. They’ve made a list of the most and least affordable markets in each of these United States.
States are beginning to enact protections for subprime borrowers, reacting to the absence of a national solution from Washington. North Carolina last week became one of one of several states to clamp down on the adjustable-rate mortgages that have fueled the subprime meltdown.