8:30 LRN Newscast

Several new laws go into effect today including one the Louisiana Department of Insurance says establishes a simple, clear timeline for when a claim should be paid. River Ridge Senator Kirk Talbot says the measure also gives insurance companies an additional 30 days to pay a claim following a natural disaster…
cut 14 (12) “….30 days’
Talbot says this legislation seeks to reduce unnecessary litigation.

The personal finance website Wallethub has found Louisiana residents are least diligent with their credit. Wallethub’s Cassandra Happe says there is a large percentage of Louisiana adults who have collection agencies going after them for money that is past due…
cut 8 (09) “…payment”

Beginning August 1st both Medicaid and private insurers are required to cover for the care or treatment of menopause and perimenopause in Louisiana. New Orleans Democratic Representative Aimee Freeman says physicians asked her to author the bill because even though many of the medications they prescribe are generic they were often rejected by Medicaid.
Cut 4 (12) “…as needed.”
Medications to treat symptoms like hot flashes, bone loss, and night sweats will be covered, and patients won’t have to wait for prior approval from their insurer.

Texas and Oklahoma officially join the Southeastern Conference today. SEC Associate Commissioner Herb Vincent says one of the challenges of increasing their membership to 16 schools is football scheduling…
cut 11 (12) “…finalized”