health insurance cancellations Archives

Nevadans caught in health insurance limbo

November 25, 2013November 25, 2013 S.Vagus

Nevada health insurance commissioner State Legislature Building

Some 25,000 in Nevada receive health insurance cancellation notices Many consumers in Nevada are currently in a state of limbo concerning their health insurance coverage. Approximately 25,000 people throughout the state have received cancellation notices from their insurance providers, but whether or not these cancellations will actually occur is still up for debate. Policyholders are currently waiting on state officials to determine if these cancellations will bear any weight and whether health insurance plans that do not comply with federal standards should be allowed to remain active. Regulatory shift could…

Obama announces policy rollback concerning health insurance plans

November 18, 2013November 18, 2013 Marc

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…

Health insurance cancellations reach 250,000 in Colorado

November 12, 2013November 9, 2013 Logan B.

Cancelled health insurance policies cause frustration throughout state The number of people in Colorado who are likely to see their health insurance policies cancelled has reached 250,000. These cancellations are causing frustration for many consumers in Colorado and several other states throughout the U.S. According to the Colorado Division of Insurance, 23 insurance providers are opting to cancel policies due to federal regulations introduced through the Affordable Care Act. The majority of these policies are expected to expire in January and February of next year. Insurers opt to cancel policies…

Health insurance policy losses lead to Obama apology

November 11, 2013November 9, 2013 G. Turner

The president stated that “I’m sorry” that Americans are losing their coverage. Despite reported claims that the president made, promising that Americans would not be losing their existing health insurance plans under the new healthcare reforms, many have indeed lost their coverage, leading Obama to apologize for this occurrence. Though he did not apologize for having made the promise, he did say that he was sorry that this is occurring. The president spoke on the subject, saying that “I am sorry that they are finding themselves in this situation based…