Live Insurance News

Health care reform enrollments met January targets

February 17, 2014February 15, 2014 H. Cutner

Obama reacting to the health care reform in 2010

Last month represented the first time since the exchanges opened in October that signups met expectations. It is no secret that the health care reform had a rocky start, but now that the numbers are in for January, the success of the insurance exchanges seems to be picking up as the number of people who have enrolled is now finally meeting the targets that have been set by officials. The federal and state exchanges have now brought coverage to a total of about 3.3 million Americans. Across the United States,…

California health insurance exchange for small businesses taken down

February 17, 2014February 15, 2014 G. Turner

The SHOP marketplace in the state is now no longer available for businesses shopping for coverage. The most populous state in the country has now decided to take down the California health insurance exchange that was meant for small businesses, likely only temporarily, only four months after it had opened its doors in the first place. This could be seen as yet another blow to the health care reform law for keeping costs down for employers. Officials in the state revealed that they would be suspending enrollments occurring online through…

California faces a new problem with health care reform

January 31, 2014January 29, 2014 Logan B.

New health insurance issue erupts in California A new health insurance problem has emerged in California and several hundred consumers have already been affected by it. Late last year, many people throughout the state received notifications from their insurance provider informing them that their coverage would be canceled due to the health care reform law. Many of those with cancelled policies went to the state’s insurance exchange in order to find new coverage. In most cases, consumers were able to find less expensive coverage with better benefits, but now many…

Health care reform may be finding success

January 17, 2014January 14, 2014 Logan B.

Number of people enrolling in exchanges increases Over half of the 2.2 million people that have purchased health insurance coverage from federal and state-run exchanges are over the age of 45, according to data released by the Department of Health and Human Services (HHS). According to the agency, some 1.2 million people enrolled for private insurance coverage through an exchange between October 1 and December 28 of 2013. That number has grown in January, suggesting that health care reform may be accomplishing its goal of making insurance coverage more accessible…

CVS Caremark seeks to address issues concerning cancelled health insurance coverage

January 7, 2014January 4, 2014 S.Vagus

Cancelled policies could cause a problem for those on medication Many people throughout the U.S. have lost their health insurance coverage because of the provisions of the Affordable Care Act. These policies were cancelled because they do not comply with the standards established by the federal law. While a significant portion of those that had substandard policies will be able to continue receiving coverage from these policies, insurers have opted not to revive policies that have already been cancelled. CVS Caremark has decided to address the issue for the sake…