Colorado lawmakers look to increase oversight of state’s health insurance exchange

Colorado Health Insurance

New legislations aim to introduce more oversight on insurance exchange Colorado may be placing its health insurance exchange under more scrutiny. The state’s Senate had granted approval for two bills that are designed to increase oversight of the exchanged, called Connect For Health Colorado. The exchange has managed to attract a large number of enrollees, all of whom are looking for affordable health insurance coverage. The recent success of the exchange has been praised by lawmakers, but past failures have also called into question how the exchange is operated. First…

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State of Your Health Insurance While Traveling

You’re soon to be off on an exciting trip out of the country. Your plans are made, your flight is booked, your passport is current, and now all you can do is count down to the day of your flight. Before you pack your bags and board you plane, you should make sure that your insurance will cover any unforeseen medical expenses while traveling. Whether you are an American or an Australian citizen, health insurance agents from insurance companies like GMF Health in Australia can help you determine if you…

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How the New Health Insurance Laws of 2014 Will Affect Businesses

Health care has always been a hot topic. Historically health insurance was too expensive for many smaller businesses and individuals to have. Unfortunately the failure to obtain that insurance could result in very high medical costs when hospital, doctor, or dental visits were required. The Affordable Health Care Act known by many as ObamaCare will come into full effect in January of next year. It is meant to reform health care as we know it. There will be many changes that businesses and employees should be aware of. Overall Health…

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Loophole could help health insurance companies avoid Affordable Care Act

Health Insurance book report law

Health insurance companies may find major benefit in loophole in federal law Health insurance companies throughout the U.S. have been working to find ways to avoid the costly implications associated with the federal Affordable Care Act. There are several provisions associated with the federal law that are expected to have a major impact on the cost of health insurance coverage, largely due to the fact that these provisions institute more regulations on insurers. Some health insurance companies seem to have found a possible way to avoid complying with the federal…

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Health insurance change goes unnoticed by many small businesses

Health Insurance book report law

Small, yet significant change to health insurance mandate made late last year Small businesses throughout the U.S. have been bracing for the financial impact of new health insurance regulations that will go active in 2014. Projections suggest that the health insurance policies that these companies offer to employees will become significantly more expensive when these regulations go live. In late December, 2012, amidst debates concerning the “fiscal cliff” that the country had been facing, an amendment to these federal regulations was introduced that went mostly unnoticed by small businesses. Regulation…

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Affordable Care Act could bring financial trouble to 6 million

transaction account guarantee program

Report suggests Affordable Care Act provisions may create some financial stress for consumers Analysts from the Congressional Budget Office have released a new report concerning the effects that the Affordable Care Act will have on U.S. citizens. The health care law has been the subject of controversy for the past two years due to provisions that some states consider to be unconstitutional. Though the health care law has been challenged and upheld, those opposing the law are still looking for alternatives, claiming that the law will bring with it profound…

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Mississippi Insurance Commissioner Chaney finds a way to build a health insurance exchange

Florida Health Insurance

Commissioner Chaney faces down political disparities Per the Affordable Care Act, all states in the U.S. are required to build health insurance exchanges. For the majority of the country, this is no longer an issue of politics, but one of finance. For the 26 states that sought to dismantle the federal health care law, however, building a health insurance exchange will be a difficult issue to deal with. Mississippi Insurance Commissioner Chaney, for example, is facing the problems of establishing an exchange in a state that continues to oppose the…

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