The Department of Health and Human Services has awarded more than $220 million to 13 states working toward building their own health insurance exchanges. The money is part of the Affordable Insurance Exchanges program which funnels money to states in order to help them adhere to the federal mandate. The money will give these states more flexibility when it comes to building an exchange, allowing them to explore alternative management systems and ways to make the exchange program more efficient. Exchanges are part of the Affordable Care Act and each…
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American Medical Association seeks open market-style health insurance exchanges
The American Medical Association has started to apply pressure to the states in order to send the system in a direction that would permit all health insurance companies of meeting the minimum standards to take part in the insurance exchanges that will be created by 2014 as a part of the healthcare overhaul. This significant doctors organization has announced that it will be putting its full support behind the health insurance exchange structure that allows for an open marketplace instead of the “active purchaser” style alternative. That latter technique would…
Read MoreU.S. Supreme Court to review Obama’s healthcare overhaul
The U.S. Supreme Court has decided to perform a review of the healthcare overhaul by the Obama administration in order to determine if it is constitutional. This debate will no doubt be a topic that will help to decide the shape of the presidential election in 2012, and will help to determine how much power the federal government will have over healthcare and insurance. The Supreme Court justices have said that they will be considering the constitutionality of the healthcare overhaul’s requirement that all Americans must purchase health insurance by…
Read MoreHealth insurance marketplace clambers to prepare for state exchanges
The entire health care system is facing a massive change with the upcoming implementation of the state insurance exchanges which are the heart of the overhaul to the system made by the Obama administration. Businesses ranging from pharmacies to insurance companies, and from therapists to doctors and virtually any healthcare-related industry are now being forced to prepare for the new shape of the insurance marketplace and are all coming up with their own unique opinions based on the circumstances in which they are finding themselves. Among all of those different…
Read MoreWest Virginia continues to work toward a health insurance exchange backed by recommendations from state regulators
Despite the controversy and vague fate of the Affordable Care Act, West Virginia will be continuing to adhere to one of the provisions of the federal law. State lawmakers have determined that a health insurance exchange would serve the needs of the state well and, earlier in the year, tasked state regulators with researching the steps necessary to make the initiative a reality. Regulators have issued a series of updates to lawmakers, bringing them up to speed on what must be done and where money is needed most. A great…
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