Following the voicing of concerns by several Republican senators, insurance officials from Missouri have taken a step back away from intentions to begin spending millions of dollars from the federal government on an investment into the computer technology that would be required to put a central element of the new federal health care law into place. In August, Missouri had been awarded a federal grant of $21 million to be applied to the preparation for the health insurance exchange to be created and run by the state and would allow…
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New York legislators reject federal funding for health insurance exchange
New York has long stood as a bastion for what the federal government stands for. The state boasts of one of the most populated and diverse cities in the world where the shortfalls and accolades of the government are highlighted in stark contrast. The state is also home to more than 2.6 million uninsured residents, most of whom cannot afford health insurance. Given the high number of those living in the state without insurance coverage, it would seem that lawmakers in New York would be welcoming to federal health care…
Read MoreWhat will health and auto insurance have in common in 2014?
By far, the most sensitive element of the Affordable Care Act is that it requires the majority of Americans to obtain health insurance coverage. Making health insurance just like car insurance, mandatory and required by law, for most. In response to this requirement, there are currently a total of 26 different federal lawsuits working to try to reverse the law. The very foundation of this battle is the “individual mandate”, around which there is significant debate as to whether or not it is constitutional. That said, many experts are agreeing…
Read MoreSouth Carolina rejects federal money that would help build insurance exchange
Reeling from the impact of Hurricane Irene, South Carolina has not lost sight of opposing federal health care reform. Tony Keck, head of the state’s Health and Human Serviced Department, announced Thursday that the state would be rejecting millions of dollars in federal grants that would have been used to help the state build a health insurance exchange. The exchange would have helped residents of the state find affordable insurance coverage and, theoretically, reduce the overall cost of insurance policies within the state as insurers fought for customers. South Carolina…
Read MoreStudy finds that health care reform will bring more insurance coverage to many, but at higher cost
Last year’s health care overhaul continues to be the most controversial legislations passed championed by the current administration. Confronted with concerns that the nations health care system was unbalanced and on the verge of cataclysmic collapse, President Obama and his compatriots sought to make changes that would improve the system overall. Though the health care reform aims to increase the number of people that have access to insurance coverage, how such a feat will be accomplished remains something of a mystery. Last year, soon after the notorious Affordable Care Act…
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