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Marketplace Morning Report

A moment of bipartisan agreement on government spending

Marketplace Morning Report

Marketplace

News, Business

4.5927 Ratings

🗓️ 17 January 2025

⏱️ 8 minutes

🧾️ Download transcript

Summary

From a new so-called Department of Government Efficiency to an incoming Republican Congress, deep cuts to the federal government are promised this year. Among areas to be reviewed are Medicaid and Medicare. But that spending is popular among voters — Republicans and Democrat alike, according to a new poll from the health research organization KFF. But first, California officials are launching a new effort to help people navigate the insurance maze this weekend.

Transcript

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0:00.0

New data show Republicans and Democrats tend to like money for Medicare.

0:08.2

I'm David Brancaccio, first with surveys not complete.

0:11.7

Authorities count about 12,000 structures destroyed in the Southern California wildfires.

0:17.4

Rehousing and rebuilding involves insurance in most cases, and these disasters came at a time

0:22.6

the insurance market in that state was in flux. This weekend, California officials are launching a

0:27.7

new effort to help people navigate the insurance maze. Ricardo Lara is California's insurance

0:33.5

commissioner. He spoke with my colleague, Nova Saffo. The claims process, that's top of mind right now.

0:39.5

What can people expect? What we are looking at is making sure that the claims are paid fully,

0:45.5

fairly, and as quickly as possible. That is my goal. And we've put insurance companies unnoticed

0:51.8

to do the right thing during this crisis and support their

0:55.1

customers that many of whom have been with them for years, paying their premiums fully and on

1:00.0

time. You're going to see insurance companies either reaching out personally to their consumers

1:05.6

and also setting up disaster vans to be able to access their consumers as well. We are working on these

1:11.9

insurance workshops. And this is really important because these are one-on-one with wildfire

1:16.8

survivors. We do appointments with them and we connect them to their insurance representatives

1:21.9

that are all in one room so that we can get the claims process quickly moving and hopefully get them paid

1:28.9

as quickly as possible.

1:30.3

So we're urging people to call us at 1-800-927-4357 to make an appointment.

1:37.1

We'll take walk-ins.

1:38.1

But we really want to have people call our department so we can assess their policy, make sure

1:43.2

they've got the documents they need.

1:44.6

If now we can get those so that we again get them through the trains process as seamlessly as

...

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