Representatives from the state-established Louisiana Citizens Property Insurance Corporation told the State Bond Commission on Thursday that if they operated like a regular insurance company and another storm hit, they’ll be insolvent.
The state Supreme Court hears arguments Tuesday in a case against the statewide school voucher program.
At issue is whether private school tuition can be paid for with the funds that would otherwise go to struggling public schools.
At Hosanna Christian Academy, the tuition is being used in the battle to bring voucher students up to grade level. Hosanna's intervention strategies were inspired by the turnaround efforts at public Winbourne Elementary.
Governor Jindal’s tax overhauls, presented to the legislature Thursday morning, include nixing almost 200 exemptions, and tweaking a few others – like the Motion Picture Industry Development Tax Credit.
Some members of the industry are worried the incentives will be at risk during upcoming debate in the legislature.
The state legislature’s Joint Insurance Committee met Wednesday to discuss the Affordable Care Act and two crucial, yet voluntary, measures: setting up state health insurance exchanges and expanding Medicaid.
At that meeting a representative from the Public Affairs Research Council said Louisiana doesn’t have enough information to make a truly informed decision on implementing the healthcare reform law.
PAR’s Principle Health Advisor Don Gregory recently authored a study about the research done so far on the implications of expanding Medicaid in Louisiana. He says other states have worked to figure out not just the costs, but also the benefits of insuring the uninsured.