Federal health insurance exchange enrollment tally passes 1.1 million

Health Insurance exchange

A massive surge of signups in December and the improved website have brought the marketplace’s numbers up. When the federal health insurance exchange finally got its website up and running smoothly at the end of November, it opened the door for Americans to finally be able to sign up for the plans that they needed in order to comply with the individual mandate of the Affordable Care Act, and the people came in droves to do just that. The Obama Administration has revealed that the site has now enrolled 1.1…

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Arkansas lawmakers approve funding for health insurance exchange

New funding will allow state to continue managing exchange alongside federal government Lawmakers in Arkansas have approved funding that will allow the state to continue operating its own health insurance exchange. The funds, some $10.6 million, were approved by the Arkansas Legislative Council during a heated voting session. Many legislators opposed the initiative, suggesting that the Affordable Care Act remains flawed and that the federal law could potentially damage the state’s insurance market. Others claimed that the funding was needed in order to ensure that Arkansas has some degree of…

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President creates new health insurance loophole

health insurance

Loophole formed within the Affordable Care Act President Obama has vowed to resolve the issues that have beleaguered the federal insurance exchange network, which was established by the Affordable Care Act. In what some are calling the first major step to actualize this vow, the President has opened up a new legislative loophole in the federal law. This loophole will allow some people to be exempt from financial penalties imposed by the federal law on those that do not have active health insurance coverage beginning on January 1, 2014. Financial…

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Healthcare law loophole opened by President Obama

health insurance news care reform

The hardship exemption is designed to put a delay in place for tax penalties for lack of coverage. At the very last minute, the Obama administration has announced that it would be opening up a loophole to the healthcare law that will provide some Americans with an exemption to tax penalties for lack of health insurance coverage if they had previously had a plan which was then cancelled because it did not meet the minimum benefit requirements of the Affordable Care Act. The opposition has taken the opportunity to state…

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Health insurance exchange launch day was a rough one, to say the least

Federal Health Insurance Exchange website problems

The opening day for the online marketplaces faced tremendous struggles with a closed government and web traffic jams. What was meant to be a smooth transition into the next phase of the healthcare reforms was a constant battle for the health insurance exchanges which went on to open despite the shutdown of the U.S. government, only to face technical glitches preventing access to many of those who wanted to take part. Web traffic snarls and glitches in websites stopped many Americans from using the exchanges on the first day. The…

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