Live Insurance News

Health insurance premiums for exchange policies to remain stable

May 22, 2014May 19, 2014 S.Vagus

Report highlights the stability of premiums for policies sold through state and federal exchanges The Urban Institute and the Robert Wood Johnson Foundation have released a new report concerning the premiums of insurance policies sold through exchange networks in the U.S. The report notes that policies sold through these exchanges were less expensive than had been anticipated this year. For some time, insurers had suggested that insurance premiums would skyrocket due to the provisions of the Affordable Care Act, but this has not yet been seen. Premiums are not expected…

Health insurance subsidies hit a roadblock in the US

May 21, 2014May 19, 2014 Nordstrom

Some people may be receiving more subsidies than they are due U.S. consumers may be receiving more subsidies from the federal government than they are due to receive under the Affordable Care Act. The federal law offers financial assistance to those that fall within a certain range of poverty, as defined by the government. Subsidies are meant to offset the cost of health insurance policies, making them more affordable and more widely available to consumers throughout the country. Some people may be abusing the availability of these subsidies, however. Some…

Health insurance companies partner to examine medical costs

May 21, 2014May 19, 2014 S.Vagus

Rising medical costs encourage companies to come together to shed light on the issue Three of the largest health insurance organizations in the United States have agreed to come together for the sake of a new research initiative that is meant to help develop a digital tool that could shed some light on the costs of medical care. These costs have become a major issue for many people and businesses throughout the U.S. and are somewhat shrouded in mystery. It is no secret that medical costs have been on the…

Health insurance navigators may be held to a higher standard in Louisiana

May 20, 2014May 17, 2014 S.Vagus

agent staff health insurance jobs navigator

New legislation seeks to increase the regulation of insurance navigators working in the state Health insurance navigators in Louisiana may need to receive special permits from the state government in order to work with consumers. New legislation, called House Bill 764, has been introduced that would require navigators to live up to a higher regulatory standard. The organizations managing these navigators would also have to receive special permits as long as they continue to accept money from the federal government. The legislation has managed to attract some support from the…

Health care reform causes some turbulence in California

May 19, 2014May 17, 2014 Logan B.

Californians are finding that they no longer have access to their favorite doctors Consumers in California are learning that they are no longer able to see their old health care providers because changes to their health insurance coverage. With the launch of the state’s insurance exchange, called Covered California, many people throughout the state purchased new insurance policies. While many of these policies came from the companies they had been patrons of for several years, these policies did not include the same coverage networks. In other cases, health care organizations…