Tag: aca

Humana intends to step out of Affordable Care Act insurance exchanges

Nordstrom
affordable care act health insurance coverage

The health insurer announced that it would no longer be selling individual plans on the public marketplace in 2018. Humana announced that it would no longer sell health insurance through the exchanges created through the Affordable Care Act. It will be withdrawing from the marketplace in 2018. With this withdrawal comes the first exit from the exchanges by a major health insurance company. As could be expected, President Trump grabbed the opportunity to tweet about the Affordable Care Act. He said Humana’s withdrawal was further evidence that The ACA needed…

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209,000 California insurance jobs could disappear from ACA repeal

G. Turner
california insurance jobs

The state has hired former U.S. Attorney General Eric Holder as outside counsel to overcome this challenge. As the Republican party launches its efforts to deconstruct the Affordable Care Act (ACA), a recent study suggests massive damage to California insurance jobs. In fact, the research indicated that the state could see losses of over 200,000 insurance and health care positions from an ACA repeal. Repealing the federal health care reform could also slash an annual $20.5 billion from the California economy. These forecasts were produced by the UC Berkeley Center…

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Iowa Insurance Commissioner Gerhart to step down before the end of the year

H. Cutner
Iowa Insurance Commissioner Gerhart , Nick

The governor’s office has announced that the commissioner will be leaving his post as of December 23, 2016. The Iowa Governor’s Office has announced that Insurance Commissioner Gerhart has resigned. It stated that the resignation of Nick Gerhart will become effective as of December 21, 2016. The outspoken commissioner said in an interview this week that he had opted not to pursue another term. Commissioner Nick Gerhart has held the position in Iowa since February 1, 2013. Insurance Commissioner Gerhart’s wife, Jessica, is expecting their first child, who is due…

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Health insurance policies aren’t stopping people from using the ER

Logan B.
emergency health insurance policies medical technology

Among the predicted benefits of the Affordable Care Act was that people would stop using this last resort care. When the Affordable Care Act went into effect, one of the advantages was supposed to be that health insurance policies would reduce the use of hospital emergency rooms. That said, despite the fact that many millions of people are now covered, they’re still headed to the ER. This is problematic as emergency room medical care is among the most expensive types of health care. The belief was that because people would…

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Will higher health insurance rates keep insurers in the exchanges?

Nordstrom
health insurance rates

Regulators across the country are allowing insurance companies to make health plans more expensive. State regulators across the nation have been steadily giving the nod to increased health insurance rates. In fact, many have made it possible for those insurers to raise premiums more than the companies had requested. This may appear to be in opposition to the goal of keeping rates as low as possible for consumers. However, a data analysis conducted by USA TODAY suggested a different purpose for these decisions. The national newspaper indicated that the regulators…

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