Live Insurance News

Health insurance nonprofit doesn’t make it into the exchange

August 13, 2013August 10, 2013 G. Turner

Health insurance industry news federal government

The federal government provided the organization with millions in low interest loans, but it didn’t meet the requirements. A nonprofit organization based in Westerville, Ohio, was the recipient of almost $130 million in low interest loans from the federal government, in order to assist it in developing health insurance plans that would provide consumers with additional choices while shopping on the state exchange to purchase their coverage for 2014. However, the group did not manage to complete all of the requirements to be able to sell coverage in Ohio. The…

Healthcare reforms in China simplify process for patients, not providers

July 31, 2013July 29, 2013 H. Cutner

Hospitals are finding that this new system is not working out as well for them as for the people using them. According to the latest data that has been issued by analysts, while the Chinese government has intentions to lower the bills, and its healthcare reforms have been applauded by the industry, it is lacking in details that are needed to correct the hospital finance shortfalls. The government has made the effort to reduce the size of medical bills central to its massive overhaul. The central government has made its…

Abortion insurance ban considered for some NC policies

July 24, 2013July 22, 2013 G. Turner

Health insurance care reform confusion debate

The state is looking into stopping private health plans from being able to provide this coverage. The state of North Carolina is weighing a proposed law that would stop abortion insurance coverage from being included in the health plans that are sold within the online exchange starting in October 2013. This would not be a regulation for all insurers in the state, but only those who plan to sell over the public marketplace. Limiting the private abortion insurance coverage is permitted under the federal healthcare reform laws that require nearly…

Obama administration announces delay to health insurance provision

July 9, 2013July 6, 2013 S.Vagus

Health insurance provision for large businesses delayed A major development has emerged in the U.S. concerning the Affordable Care Act. The federal law has been a major source of controversy since its passage in 2010, but the law’s various provisions have yet to be dismantled by any challenger. Thus far, the Obama administration has been the only party capable of introducing any significant changes to the federal law, many of which have been funneled through the Department of Health and Human Services. This week, however, the Obama administration announced a…

Health insurance major requirement delayed by Obama

July 3, 2013July 3, 2013 Julie Campbell

The president has unexpectedly announced a delay to the law requiring many businesses to offer coverage. President Obama shocked the nation with an announcement that was made in a significant concession to business groups, as the administration allowed for a delay in one of the central health insurance components of the healthcare law. This change was to a deadline for one of the components at the heart of the healthcare reform law. Now, many businesses that would have been required to offer health insurance to their employees as of January…