Category: Political News

The political arena is ripe with news from the insurance industry – 2012 being a presidential election year, as well as other changes, have made for one of the hottest news topics we have.

Obama administration announces delay to health insurance provision

S.Vagus
U.S. Health Insurance

Health insurance provision for large businesses delayed A major development has emerged in the U.S. concerning the Affordable Care Act. The federal law has been a major source of controversy since its passage in 2010, but the law’s various provisions have yet to be dismantled by any challenger. Thus far, the Obama administration has been the only party capable of introducing any significant changes to the federal law, many of which have been funneled through the Department of Health and Human Services. This week, however, the Obama administration announced a…

Read More

Health insurance landscape shifts in Montana

Marc
montana Health insurance

Montana sees major transition in health insurance sector Montana has taken a major step in the field of health insurance. The state’s Insurance Commissioner, Monica Lindeen, has granted her approval for the sale of Blue Cross of Montana, the state’s largest private health insurance provider. Blue Cross of Montana is being sold to the Health Care Service Corp., which is based in Chicago, Illinois. The sale comes with numerous conditions, however, which are meant to benefit state residents to some degree. Sale of Blue Cross of Montana has been approved…

Read More

Libraries to promote health insurance awareness in the US

Logan B.
Health Insurance book report law

Government taps libraries to promote health insurance awareness The U.S. federal government is currently involved in an ambitious campaign to promote the Affordable Care Act. Though the federal law has been upheld by the Supreme Court and faces relatively few legislative hurdles, it must still win over a population that either has a poor view of health care reform or does not know anything about the law. In order to see this campaign reach as many people as possible, the federal government has enlisted a promising ally with strong connections…

Read More

Health insurance plans will be offered by six insurers in Iowa

G. Turner
Iowa stopgap health insurance plan

Half a dozen providers have already applied to be able to offer their plans on the state’s exchange. Although six health insurance companies have already applied to be able to sell their policies on the Iowa exchange, having made their submissions to do so by the deadline last Sunday. However, the largest insurer in the state was not among those who opted to participate in the marketplace. The largest health insurance company in Iowa, Wellmark Blue Cross/Blue Shield, currently has about 2 million policyholders in that state and South Dakota.…

Read More

Health insurance major requirement delayed by Obama

Julie Campbell
health insurance news care reform

The president has unexpectedly announced a delay to the law requiring many businesses to offer coverage. President Obama shocked the nation with an announcement that was made in a significant concession to business groups, as the administration allowed for a delay in one of the central health insurance components of the healthcare law. This change was to a deadline for one of the components at the heart of the healthcare reform law. Now, many businesses that would have been required to offer health insurance to their employees as of January…

Read More