Tag: health care insurance

Health care reform leads Kathleen Sebelius to step down

Julie Campbell
Healthcare Reform - Kathleen Sebelius, Secretary of the Department of Health and Human Services

The HHS secretary will now be leaving her post and the OMB director will be replacing her. The Health and Human Services Secretary, has announced in recent health care reform news that she has resigned from her post, bringing an end to a turbulent tenure as the primary voice for the Affordable Care Act. President Obama spoke at a Rose Garden ceremony, to nominate his budget director to succeed Sebelius. Obama stated that “After five years of extraordinary service to our country, and seven and a half million Americans who’ve…

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Health insurance policies throughout US could face cancelation

Logan B.
Health Insurance policies

Affordable Care Act may cause mass cancellation of health insurance policies In the U.S., the Affordable Care Act is meant to make health insurance coverage more available to a wider range of consumers. The federal health care law initially received strong praise for its provisions that would allow consumers to find the health insurance coverage they needed without being met with staunch rejection from private insurance companies. The problem, however, is that the law’s provisions may actually lead to many people losing their health insurance coverage as the law takes effect in…

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States seek alternative to Medicaid health insurance expansion

Logan B.
health insurance exchanges

Lawmakers continue to wrangle with health insurance requirements The Affordable Care Act will become fully enacted next year, leaving states throughout the U.S. relatively little time to comply with the federal law’s numerous provisions. One of these provisions, in particular, has been somewhat controversial in several states. That is the mandatory expansion of Medicaid. While the Medicaid program is, technically, overseen by the federal government, each state has its own division of the program which they are required to govern. Per the Affordable Care Act, all states must expand their…

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Supercomputer Watson to take on the health insurance industry

Marc
Health Insurance IBM Watson

Watson making an entry into health insurance The Watson supercomputer, one of the most advanced computers on the planet, has made an entry into the insurance industry. Since 2011, IBM, makers of the advanced artificial intelligence computer, has been using Watson to improve the health care industry. The supercomputers capabilities have drawn a great deal of acclaim in this field and has helped modernize many of the computer systems that govern health care. Now, Watson is graduating from the medical world to take on health insurance. Supercomputer will help assess…

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Wal-Mart looks into private health insurance exchange

Nordstrom
Walmart Health Insurance

Wal-Mart begins seeking alternative health insurance solutions Health care overhaul seems to be an unstoppable force in the U.S., and that has put many parties, such as employers, in a somewhat difficult position. As part of the Affordable Care Act, states are being required to host health insurance exchanges. One of the problems concerning these exchanges is that they are designed with consumers in mind, not businesses. Thus, a public exchange system may not be viable for large companies that provide their employees with health insurance benefits. Wal-Mart is among…

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