Health insurance competition low in South Carolina

South Carolina Health Insurance

South Carolina health insurance market lacks competition A new report from the American Medical Association suggests that South Carolina may have one of the least competitive health insurance marketplaces in the U.S. The state falls behind Alabama, Hawaii, Michigan, Delaware, and Alaska in terms of a lack of competition in its insurance market. Despite the existence of the state’s health insurance exchange, competition among insurers remains low, limiting the options that state residents have regarding the coverage they have access to. Blue Cross Blue Shield boasts of majority of the…

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Hawaii sets minimum health insurance benefits for exchange program

Hawaii Health insurance company

Hawaii Governor announces minimum health insurance benefits Insurance news from Hawaii may be welcome for residents awaiting affordable health insurance. The state government has determined the minimum insurance benefits consumers will receive through a state-run health insurance exchange. The announcement was made by Governor Neil Abercrombie early this week. In choosing the minimum health insurance benefits consumers will receive through new policies, Hawaii moves one step closer to compliance with the Affordable Care Act and establishment of a comprehensive health insurance exchange system. States have opportunity to determine minimum level…

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Health care reforms receive more federal money for IT

health insurance healthcare reform

Many state insurance exchanges to benefit from more grant funds to expand their capabilities. The Department of Health and Human Services (HHS) have just released the latest information regarding funding for the health care reform, which shows that several states will be receiving over $765 million in total grant money. These funds are intended to boost the state health insurance exchanges on the IT level. The states that will be receiving the grants will include Connecticut, California, New York, Hawaii, Vermont, Maryland, and Iowa. This money will provide the states…

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