Live Insurance News

Open enrollment for health insurance exchanges is coming to an end

January 15, 2016January 13, 2016 Marc

Deadline for consumers to purchase coverage is rapidly approaching For those without health insurance coverage, time is running out to acquire coverage in the United States. The open enrollment period for insurance exchanges will come to an end on January 31 this year. After the enrollment period is over, consumers will no longer be able to use exchanges to purchase health insurance coverage, except in some special cases. Currently, those without coverage can find policies through HealthCare.gov, the exchange system established by the federal government. Uninsured consumers will face a…

Legal battle erupts over broken health insurance exchange

August 28, 2014August 26, 2014 S.Vagus

Oregon has filed a fraud and breach-of-contract lawsuit against Oracle Late last week, Oregon filed a lawsuit against software company Oracle and several of its top executives. The state is accusing the company of fraud and breach-of-contract that may have cost Oregon a veritable fortune while leaving many of the state’s residence without access to a working health insurance exchange. Oracle was contracted by the state to develop the software that would manage the exchange, but internal problems have left the exchange inoperable and it has yet to see an…

Oracle sues Oregon over failed health insurance exchange

August 14, 2014August 11, 2014 S.Vagus

Oracle has issues a breach-of-contract lawsuit against the state of Oregon Acclaimed computer technology company Oracle has issued a lawsuit against Oregon. The lawsuit concerns the state’s health insurance exchange and the exchange’s use of the company’s technology. According to Oracle, the state government is using its technology despite standing disputes. These disputes have to do with some $23 million in unpaid bills from Oracle. The breach-of-contract lawsuit is seeking to recover the money that Oracle may be due but has not yet received. Lawsuit aims to recover more than…

Insurance exchange in Oregon leads to breach of contract lawsuit

August 13, 2014August 11, 2014 G. Turner

Oracle Corp. has now sued the state, alleging that the software it created is still being used regardless of disputed bills. The technology company behind the original insurance exchange in Oregon has now filed a breach of contract lawsuit against the state, saying that officials from that government are continuing to use Oracle Corp. software, even though there remain $23 million in disputed bills. The lawsuit was filed by Oracle at the very end of last week, in a Portland federal court. According to the filing, Oracle claims that state…

Federal prosecutors descend on Oregon health insurance exchange

May 26, 2014May 24, 2014 S.Vagus

Prosecutors issue subpoena targeting Cover Oregon and Oregon Health Authority U.S. federal prosecutors have issued a subpoena to the state of Oregon, requesting official records concerning Cover Oregon, the state’s problematic insurance exchange. The exchange has been crippled by technical problems that have made it impossible for many people to enroll for the health insurance coverage that they need. Because the exchange has failed to live up to the standards of consumers and the federal government, federal officials are keen to find out where blame can be placed for the…