Live Insurance News

Health insurance for children sees slowing in expansion

March 27, 2013April 30, 2013

The broadening of the medical coverage for kids in Florida may be stalling out. Now that the legislative session in Florida is already a third complete, a bill that would work to shrink the health insurance coverage gaps for children in the state has been passed only one committee and looks as though it will not completely pass. The bill is designed to help to cover children who have lost other forms of medical coverage. Rep. Gayle Harrell (R-Stewart) presented the HB 689 proposal that was designed to help kids…

New health insurance rule to go into effect in the US

March 9, 2013March 6, 2013 Logan B.

New rule targeting health insurance being introduced January 1, 2014, is rapidly approaching, and that means that the Affordable Care Act is on the verge of becoming fully enacted. This also means that health insurance companies throughout the U.S. are scrambling to make sure they comply with the federal law. This has proven very difficult, however, due to the fact that the federal government continues to change many of the provisions of the law. The government continues to issue new rules concerning the Affordable Care Act that require health insurance…

Health insurance rate shock may be coming to the US

February 28, 2013February 27, 2013 Logan B.

Health insurance costs spark worry among states Rate shock is becoming a common term in the U.S., especially in the world of insurance news. The term refers to a steep increase in insurance premiums, an increase that policyholders are both unprepared for and unable to accommodate. Rate shock is most often related to the issue of health insurance and the Affordable Care Act. The controversial federal law will take full effect in 2014, and U.S. insurers have been warning that rate shock may be one of the unintended consequences of…

Health insurance subsidized by employers is becoming steady

February 25, 2013February 25, 2013 G. Turner

The rate of employees receiving coverage through their employers is starting to even out. According to the results of a survey that were released on Friday, less than half of American adults were taking part in a health insurance plan through their employers last year. The survey showed that the market is now indicating that it is stabilizing after a period of solid decline. Though workers haven’t reached the point where even half of them are able to receive their health insurance coverage through their employers, after three solid years…

Health insurance exchange may not draw as many employers as hoped

February 19, 2013March 15, 2014 Logan B.

Businesses are expected to opt out, which could lead the cost to rise for those who are participating. Both state and federal officials, as well as consumer advocates, are now beginning to voice concerns that businesses that have workers that are relatively young and healthy will choose to opt out of the health insurance marketplace. This will be done to help to avoid the minimum standards for coverage as prescribed by the healthcare reforms. Though these businesses may choose to try to avoid this health insurance regulation in order to…