Health care reform enrollments met January targets

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,…

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Health care reform may be finding success

Health care Reform News

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…

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Pennsylvania health insurance enrollments reach 81,000

Pennsylvania health insurance exchange

The government figures that were released this week show that there has been a sharp increase in sign ups. According to recent news data released by state officials, Pennsylvania health insurance enrollments have been climbing rapidly since the figures that were released at the end of November. At that time, the number of enrollments had been only 11,800 people within the state. This week, the government provided the latest figures, which show that more than 81,000 people have now signed up to receive Pennsylvania health insurance plans through the exchange.…

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Healthcare reforms in California are doing far better than federal changes

California Health Insurance exchange popularity

Although the rollout of the HealthCare.gov site has experienced massive struggles, CoveredCA.com is thriving. As the federal government continues to struggle with problems and errors related to its healthcare reforms, particularly in the HealthCare.gov website, California has been sailing along with a great deal of successes with its own exchange site, CoveredCA.com. The problems with which many Americans have been struggling with the federal site are absent in California. Citizens in California have been able to take advantage of the better side of the healthcare reforms, as their state set…

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Health insurance could cause a shutdown of the federal government

Health insurance industry news federal government

Health insurance remains a divisive issue Complete enactment of the Affordable Care Act looms in the U.S., but the controversy surrounding the federal law has yet to dissipate. Since the law was passed in 2010, politicians throughout the country have been working to repeal it. Those opposing the law typically align with the Republican Party and have expressed concerns that the federal law will make the cost of health insurance and medical care skyrocket. The issue has become so problematic that it has threatened to shut down the federal government…

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Health insurance costs in U.S. are lower than anticipated

Health Insurance Affordable Care Act Cost

Forecasts are beginning to show that the costs of the coverage aren’t as high as predicted. According to data from the Department of Health and Human Services, the cost of health insurance is considerably lower than it anticipated for small businesses and consumers, as the healthcare exchanges start to come together. This is promising news for President Obama and his supporters, as the exchanges are the heart of his signature law. The health insurance exchanges in each state are central to the Patient Protection and Affordable Care Act. Their ultimate…

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Affordable Care Act stirring rage in California

health care reform

Affordable Care Act spurs insurers to raise rates Since the passage of the Affordable Care Act in 2010, health insurance companies have been warning of a nationwide rate increase that could introduce new financial pressures to consumers throughout the U.S. Insurers claim that the provisions of the health care law are responsible for the possibility of higher rates. The law requires insurance companies to take more aggressive measures on the types of coverage they provide, the administration of the companies themselves, as well as expand the eligibility of insurance coverage.…

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Health insurance fee may be added to reforms

Health insurance rates

The healthcare overhaul may include a new expense that could reach the wallets of consumers. The overhaul of the health insurance system may now involve a new $63 per person fee that is designed to help to pad the cost of providing coverage to individuals who have a pre-existing medical condition. This additional charge was worked into a recent regulation that was created for the system. According to employers, who are greatly displeased with the health insurance fee, it could lead to tens of millions of dollars for the biggest…

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Health insurance rules from healthcare reforms generate $1.5 billion in savings

President Obama health insurance

Regulations put into place from the system wide overhaul have customers spending less. The results of a study by the Commonwealth Fund, a research institution, have now been released, indicating that the health insurance rules that have been put into place by the healthcare law reforms have caused system wide improvements in efficiency that saved Americans almost $1.5 billion last year. The law’s provision says that insurers must spend at least 80 percent of collected premiums on medical care This is the case among insurers selling plans to individuals and…

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Health insurance exchange plan in Minnesota costlier than expected

Health Insurance Minnesota Governor Mark Dayton

The state’s bill for the program at the heart of the healthcare reforms is higher than predicted. According to Governor Mark Dayton’s administration, the cost of operating the health insurance exchange in the year 2015 is now predicted to be around $54 million. Previous forecasts had placed the expense at between $30 million and $40 million for the state. That said, Minnesota will not need to obtain those funds until that year, when the state health insurance exchanges are required to be able to sustain themselves, financially. The same projections…

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