Health insurance plans to be rated based on size of network

health insurance exchange

The Obama administration will now use the number of included doctors and hospitals in the ratings. In response to complaints from consumers with respect to the way health insurance plans are rated on the exchanges, the Obama administration has now said that it will provide a rating for each plan based on the number of hospitals and doctors that are included within that plan’s network. Equally, there will also be an increase to the maximum annual out-of-pocket amount that consumers can pay. For individuals, the maximum out-of-pocket expenses for health…

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Health insurance exchange in California awards grants worth $37 million

health insurance promotion

There have been 48 grants for 16 winners whose names have now been announced in the state. The Sacramento Employment and Training Agency, and the UC Davis Center for Reducing Health Disparities has joined a list of nearly fifty other organizations that are the recipients of a total of $37 million in grants from the health insurance exchange in California. This was a part of an education and outreach grant program by Covered California. There were a total of 16 winners of the grants that totaled millions of dollars from…

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Health insurance exchanges still causing confusion among consumers

Health insurance exchange awareness

Officials and governments are struggling to provide the public with the information it needs about the marketplace. State government, healthcare, and health insurance officials are facing a considerable struggle to provide consumers with the education that they need regarding the requirements of the Affordable Care Act and the way in which the exchanges will be used when they open in October of this year. Millions of Americans will be using these marketplaces to shop for their coverage plans. These plans will be necessary to conform to the individual mandate, which…

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Health insurance exchange in California to be the largest in the country

California health insurance

The Golden State is getting ready to provide the largest marketplace in the United States. California is steaming ahead with its plans for implementing its health insurance exchange, which is going to be an important accomplishment in the country simply because it is set to be the largest marketplace among all of the states. This particular exchange is among those that will be state run, which will also be notable due to its size. Though California has claimed that it was the first to begin its health insurance marketplace, there…

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