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I’ve got $3,600 at stake in Obamacare subsidy rulings

Retired airline worker Michael Wall has $3,600 at stake in the debate over Obamacare subsidies.

Michael Wall has $3,600 at stake in the debate over Obamacare subsidies.

Wall is one of the 4.7 million Americans closely watching dueling court decisions released Tuesday on whether the government can subsidize premiums for people who bought health insurance under the Affordable Care Act.

Wall pays $657 a month on premiums for Obamacare health coverage. The government would subsidize about $300 a month, or $3,600 a year. Americans like him are anxiously waiting to see how it all plays out in court.

Anything could

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6.8 million Americans will get an average refund of $80 from their health insurers

Thank Obamacare for your refund.

More than 6.8 million Americans will get a refund from their health insurer this summer.

Total value of the rebates will be $332 million, with an average of $80 going to each family. They’ll be issued by August 1.

Thank the Affordable Care Act for the windfall. Under one of the law’s provisions, insurers must issue refunds if they spend more than 20% of what customers pay in premiums on administration and marketing expenses, instead of medical care.

Related: Thankful for Obamacare

Insurers were first required to issue these refunds in 2012, shelling out a

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3 factors that will drive your life insurance premiums through the roof

What you’ll pay for a life insurance policy can vary dramatically; men pay higher premiums than women, older policyholders pay more than younger ones and smokers pay more than non-smokers.

But just how much does your age, gender or smoking habit cost you? InsuranceQuotes.com evaluated life insurance premiums for the top 25 carriers in the nation to find out.

Men pay an average of 38% more than women for the same coverage.

Here’s one area where women have a financial edge. Men are at a greater risk of cardiovascular disease, various cancers and accidental injuries and that makes them more

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Big student loans? Consider life insurance

If you’re co-signing big student loans for your child, you may want to buy a life insurance policy while you’re at it.

While no one wants to imagine the death of their child, taking out insurance on your son or daughter — or asking them to purchase their own plan — will protect you from being hit with mountains of debt should tragedy strike.

And the policies are pretty cheap. A basic plan with up to $250,000 in coverage can cost as little as $15 a month for a young, healthy college student or recent graduate. That’s a whole lot

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3 reasons why Californians shun earthquake insurance

Even though 90% of the earthquakes that strike the United States are located in California, only about 10% of homeowners there have earthquake insurance. What gives?

Here are three reasons why many quake-prone Californians shun insurance:

1) Quake damage rarely exceeds deductibles.

Some argue the insurance is not worth the money for homeowners. Earthquake insurance generally comes with a deductible of 15% of the home’s value, according to John Rundle, a professor of physics at the University of California, Davis.

“Most homeowners will never exceed the deductible even if they do get damage,” he said.

Related: Natural disaster —

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