Tag: health care law

Obama announces policy rollback concerning health insurance plans

Marc
Obama Health Insurance

Federal health insurance policy shifts Many health insurance plans in the U.S. are set to be canceled by January of 2014. These policies do not comply with the standards established by the Affordable Care Act and, as such, cannot remain active. Unfortunately, this means that those who have had their policies cancelled must purchase new policies in order to comply with federally mandated insurance coverage. This has caused significant controversy and has placed a great deal of pressure on President Barack Obama, who may have a plan to resolve the…

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Health insurance fix for cancelled plans announced by President Obama

H. Cutner
President Obama health insurance Obamacare

In a televised speech, insurers were allowed to offer their current plans for an additional year. President Obama has now announced a fix for the widespread problems regarding cancelled health insurance plans, as the date for the full implementation of the healthcare reforms draws ever closer. This gives the insurers the chance to maintain their current plans for a year, even if they don’t comply with the law. The fix was announced by the president in order to help to stop the tremendous trend that health insurance companies have started…

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Health insurance exchanges still causing confusion among consumers

G. Turner
Health insurance exchange awareness

Officials and governments are struggling to provide the public with the information it needs about the marketplace. State government, healthcare, and health insurance officials are facing a considerable struggle to provide consumers with the education that they need regarding the requirements of the Affordable Care Act and the way in which the exchanges will be used when they open in October of this year. Millions of Americans will be using these marketplaces to shop for their coverage plans. These plans will be necessary to conform to the individual mandate, which…

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Illinois looks to raise awareness of health insurance exchange

Logan B.
Health Insurance Illinois

Federal grant to help popularize state health insurance exchange Last week, Illinois received a $115 million federal grant designed to help the state build and promote a functioning health insurance exchange for residents. The exchange is a mandatory part of the Affordable Care Act, which rules that all states must have a working exchange in place by 2014. Several states have opted to oppose this provision of the controversial health care law, in which case the federal government has taken the responsibility of establishing an exchange program in these states.…

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US Health and Life Insurance in the Next 5 Years

Guest Author
Life Insurance

Taking out life insurance is an important decision that provides your beneficiary with a benefit at the moment of your death. However, when it comes to thinking of the future, health care is a factor that does not only contribute to your wellness, but that will be connected to changes in life insurance terms now that the Obama administration is moving forward with the health care law. The health care law that presumes to provide equal opportunities to all American citizens to receive medical attention and get insured regardless if…

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