Health insurance may be a costly burden for consumers in Idaho

health insurance cost medical

Open enrollment begins and health insurance premiums are on the rise Open enrollment has begun in Idaho and throughout the United States. Your Health Idaho, the state’s health insurance exchange, has begun offering policies for those looking for coverage. Consumers will be able to use the exchange to renew the policies they purchased through the exchange during the last enrollment period and they will be able to find new policies as well. The issue, however, is that health insurance premiums are on the rise, which may become a problem for…

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Idaho makes changes to its health insurance exchange

Idaho health insurance

State health insurance exchange has been improved to better serve consumers The Idaho health insurance exchange, called Your Health Idaho, is expected to be prepared for business on November 1, when the next open enrollment period begins. The state has been working to reprogram the infrastructure of the exchange, introducing various tweaks and new features that are expected to improve the exchange shopping experience. The exchange has been working to test the changes that have been made for several months in order to ensure that the insurance exchange will be…

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Health insurance premium requests issued in Idaho

Idaho health insurance

Insurers want to raise premiums by an average of 25% in the state Health insurance companies in Idaho are seeking rate increases from state regulators. On average, these insurers are seeking an increase in premiums of 25%, which would go into effect in 2016. Insurers cite the growing cost of medical care and changes in the utilization of medical services as the justification for higher rates. Over the past year, medical costs have grown exponentially, which has lead to financial losses for health insurance companies doing business in the state.…

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Health insurance exchange in Idaho boasts of high enrollment numbers

Idaho health insurance

Idaho is ranked fourth in terms of enrollment in insurance exchange Idaho’s health insurance exchange has proven to be successful. The exchange is ranked fourth in the nation in the number of people enrolled per capita. Many people living in the state have managed to find the health insurance coverage they need through the exchange. A significant portion of these people are receiving subsidies from the federal government, which help them afford the coverage that they have purchased through the state’s exchange, called Your Health Idaho. Exchange manages to find…

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Idaho health insurance exchange is off to a good start

Idaho health insurance

State officials make note of the exchange’s strong performance Idaho officials claim that the state’s health insurance exchange is off to a good start. Your Health Idaho, the state’s exchange, has reported that it has received 74,689 enrollments since the begin of the open enrollment period through December 14. Enrollments are a combination of new applicants and those renewing the coverage they found last year through the exchange. The state’s efforts to promote the exchange seem to have been successful thus far. Idaho exchange manages to recover from the technical…

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Idaho officials warn of health insurance fraud

Idaho health insurance

Fraud activities cause concern for health insurance regulators Idaho residents are being warned by the state’s Department of Insurance to be cautious of fraud concerning the Affordable Care Act. State regulators are suggesting that some consumers may be targeted by malicious groups that seek to exploit the confusion surrounding the federal law. This exploitation could lead to major financial disturbance for some consumers and leave them without adequate health insurance coverage. The Department of Insurance has begun working to inform consumers of what they can look for in order to…

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Idaho health insurance exchange will not be run by the Government

Idaho health insurance

Idaho will operate its own health insurance exchange Updated Article: Contrary to recent reports, the Idaho health insurance exchange will not be operated by the federal government in 2014. Previous reports had suggested that the state’s health insurance exchange would fall under federal jurisdiction due to the state’s failure to meet federal deadline concerning plans for the exchange. According to the Idaho Health Insurance Exchange, however, this is not the case. The exchange will be operated by the state and will begin open enrollment in October of this year. State…

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