Live Insurance News

HHS announces that 8.2 million people have acquired health insurance during open enrollment period

December 29, 2015December 27, 2015 Logan B.

HHS data shows that millions of consumers have acquired coverage through HealthCare.gov The U.S. Department of Health and Human Services (HHS) has announced that as many as 8.2 million people have signed up for health insurance coverage through HealthCare.gov. Of these, 2.1 million were below the age of 35, which has become one of the most sought after demographics for the insurance industry. This is significantly higher than the estimated 6.4 million people who used HealthCare.gov during last year’s open enrollment period. Majority of consumers receive coverage through federal exchanges…

50,000 Kansas residents sign up for health insurance coverage through exchange

December 24, 2015December 21, 2015 Logan B.

HHS shows that thousands of consumers have managed to find coverage through federal insurance exchange The U.S. Department of Health and Human Services has reported that some 50,000 Kansas residents have signed up for health insurance coverage through the state’s exchange as of December 12. The state’s exchange is managed by the federal government, as are most exchanges operating in the United States. Consumers can access the exchange through HealthCare.gov, which was recently revamped to provide better service to consumers that need to purchase insurance coverage. Open enrollment is set…

Nevada residents are slow to embrace state’s health insurance exchange

December 9, 2015December 8, 2015 S.Vagus

HHS data shows that enrollment in insurance exchange is sluggish this year Those living in Nevada have been slow to sign up for coverage through the state’s health insurance exchange. A new report from the Department of Health and Human Services has found that relatively few people have purchased coverage through the state’s exchange, called Nevada Health Link. Enrollment numbers were quite low during the first month of the open enrollment period, which began on November 1. Overall, enrollment throughout the country has been sluggish. Approximately 23,000 consumers have enrolled…

Health insurance premiums for HealthCare.gov policies are set to rise

November 23, 2015November 22, 2015 S.Vagus

Insurance premiums for HealthCare.gov policies to rise by an average of 15% next year Those with health insurance coverage through HealthCare.gov are likely to see higher premiums next year unless they switch policies, according to a report from Kaiser Family Foundation. Consumers with insurance coverage through the federal exchange marketplace have been encouraged to shop around for new policies, as this would allow them to save some money. On average, Kaiser predicts that those not shopping around for different policies will see an increase in their premiums of approximately 15%.…

More North Carolina businesses are offering health insurance coverage

November 19, 2015November 18, 2015 Nordstrom

Releigh, Capital of North Carolina homeowners insurance rates

Employer-sponsored coverage is becoming more common, but only slightly More businesses in North Carolina have begun to offer their employees health insurance coverage, but this has only increased by a slight degree since 2010. In North Carolina, nearly half of all consumers below the age of 65 currently receive employer-sponsored insurance coverage. Since 2010, this has risen by less than 1%, while other states have seen a greater increase in employer-sponsored health insurance coverage. A new report from the Department of Health and Human Services has highlighted this issue. Number…