individual health insurance Archives ~ Live Insurance News

Aetna health insurance backs out of Iowan individual exchange

April 10, 2017April 7, 2017 Nordstrom

A second large insurer has announced its intention to step out of the state, leaving residents in a lurch. Aetna health insurance has revealed its intentions to withdraw from the Iowa individual marketplace. This raises concerns that residents will not have any coverage options available for 2018. Tens of thousands of Iowans who purchased health plans through the insurance exchange may be out of luck. The Aetna health insurance exchange withdrawal will be effective as of January 2018. The insurance company informed state regulators that it has chosen to cease…

Insurance plans are being dropped by many small businesses

October 3, 2014September 30, 2014 G. Turner

The health care reform is making some company owners believe that they cannot afford to continue coverage. The latest wave in the health care reform appears to be a withdrawal of a number of small employers from offering insurance plans to their employees, as some have discovered that they will be facing notably higher premiums than they have previously paid. This rise in the price of health plans is causing a number of small business owners to forego coverage next year. Instead, these companies are frequently choosing to pay their…

Insurance news of fines isn’t great for the wealthy

July 28, 2014July 26, 2014 Julie Campbell

Americans in higher tax brackets could find themselves paying a penalty almost $2,500 for being uninsured. The IRS has released an insurance news statement that indicated that the penalty that will be paid by individuals who have failed to comply with the individual mandate of the heath care reform and who have not purchased coverage will be up to $2,448. At the same time, there could be a fine of up to $12,240 for uninsured families with five or more members. The same penalty will not apply to everyone. It…

Health insurance rates will rise for some in Massachusetts

May 13, 2013May 25, 2013 G. Turner

The cost of the coverage will be rising by an estimated 2.5 percent, on average, this summer. Policies that are purchased or renewed by individuals and small businesses, as of July 1, in Massachusetts, will be facing an increase in their health insurance rates at an average of 2.5 percent. This is a lower increase than the rate hike that was seen for the policies renewing in the current quarter. The increase that was experienced by health insurance policyholders who renewed or purchased during the current quarter had been an…

A Guide to Health Insurance for the Self-Employed

April 21, 2013April 21, 2014 Guest Author

The self employed face obstacles and tackle challenges that those employed by others rarely think about…doing budgets, growing the business and, of course, health insurance. Think about it…the cost of individual health insurance for the self employed has gone up substantially over the past decade and policies that used to cost somewhere around $100 a month can run upwards of $500 a month today. Not just that…co-pays and deductibles have gone up…covered services have gone down. But there are options available that can help reduce the cost of health insurance…

Get health insurance quotes to avail a cheap policy!

March 18, 2013March 15, 2014 Guest Author

Healthy lifestyle helps but so does a cheap policy Life has gotten so fast-paced that we seldom have the luxury of time to include exercise. A few health enthusiasts, although, always manage time for exercise, thus keep a fine shape. Lack of exercise makes us more vulnerable to some common illness like high blood pressure, blood sugar, arthritis etc. And then, attack of serious illness can’t be predicted in advance. The best course of action for us is to adopt some proactive measures so that we get a feel of…

New York health insurance exchange begins acquiring policies

February 6, 2013February 5, 2013 S.Vagus

New York health insurance companies being tapped by exchange program The New York Health Benefit Exchange has begun reaching out to private insurance companies throughout the state in order to populate itself with health insurance policies. The health insurance exchange was established as part of the Affordable Care Act and New York legislators decided that the state will run this insurance program rather than the federal government. Per the federal health care law, the exchange is meant to be a marketplace where consumers can find affordable coverage. Lawmakers aim to…

Health insurance to be offered to Costco members by Aetna

January 29, 2013January 28, 2013 H. Cutner

The insurer has now unveiled a new program for individual coverage in California. Aetna has just announced the unveiling of a new health insurance program in California through which they will be offering individual plans to members of Costco. This program is geared toward meeting the needs of Costco members in an affordable way. The coverage is called the Costco Personal Health Insurance program. It includes five different types of plans, which are broad major medical benefits, a number of assistance services, a large provider and hospital network, dental options,…

Health insurance costs have risen by 62 percent

December 15, 2012April 30, 2013

Family coverage has skyrocketed since 2003, showing the increasing expense for those paying for plans. According to the latest health insurance data from the Commonwealth Fund in a recently released report, the total cost for a family plan – for both employers and for employees – broke the $15,000 mark last year, which represented an increase of 62 percent since 2003. Wages, on the other hand, increased by only 11 percent during that same period of time. The cost of commercial health insurance has undergone an increase in its price…

Aetna provides individual health insurance policies to Illinois Costco members

April 26, 2012April 30, 2013

Aetna has announced a new individual health insurance plan for members of Costco in Illinois. Aetna has just unveiled its latest individual health insurance product which is now being offered to residents of Illinois with a Costco membership. The product is called the Costco Personal Health Insurance program, and it offers five different types of policies from which its members can choose. These offer a wide doctor and hospital network, a range of different major medical benefits, as well as a spectrum of useful services, information, and tools that are…