Tag: insurance exchange

Extended health insurance enrollment deadline is today

Logan B.
health insurance enrollment

Last Thursday, federal officials announced the extension of the open enrollment period, but it’s nearly over. On Thursday night, federal officials announced an extension to the health insurance enrollment period. This gave consumers until today to sign up for health plans that would start their coverage on January 1. The extension will continue at the Affordable Care Act marketplaces until tonight at midnight. This lengthening of the period in which consumers could sign up is the second consecutive year this has happened. Last year, federal officials granted an extension to…

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Americans are shopping outside health insurance exchanges for coverage

H. Cutner
Group Health Insurance Exchanges

Millions of people are buying health plans off the marketplaces to avoid massive rate hikes. As premiums are headed skyward at many health insurance exchanges, people are looking for alternatives. Many Americans have decided to stop shopping in those official markets. Instead, they are purchasing health plans through insurance companies off the exchanges. The purpose is to try to avoid being faced with the rate hikes that are often in the double digits. The Obama administration is working to reverse this trend. The goal is to make health insurance exchanges…

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Kentucky insurance exchange loses another health insurer

G. Turner
Kentucky insurance exchange health insurers

Baptist Health Plan has announced that it will no longer be selling its policies in the state in 2017. Baptist Health Plan has announced that it will be leaving the Kentucky insurance exchange next year. This will mean that approximately 7,000 people across the state will need to find new coverage for 2017. The health insurance company is the fourth largest in the state and notified officials of its decision via letter. The president of the insurance company, James S. Fritz, shared the reason for leaving the Kentucky insurance exchange…

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California Insurance Commissioner supports state-level public option

Nordstrom

As large insurers step out of many of the federal exchanges, the state is looking to lead the way with alternative options. California Insurance Commissioner Dave Jones supports a new state-level strategy that could enhance health insurance marketplace competition. The intention is to implement a public option within the state which could possibly make California a guinea pig for launching similar ideas in the rest of the country. “I think we should strongly consider a public option in California,” said Jones. California Insurance Commissioner Jones explained that the state is…

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Health insurance coverage is growing, says Census Bureau

Marc
Covered California exchange health insurance coverage

A new report has just been released and has showed that there continue to be fewer uninsured Americans. The Census Bureau has now released its Health Insurance Coverage in the United States for 2015 report. It revealed that last year saw greater progress in reducing the number of people who are uninsured. This maintained a trend that was recorded the year before when there was a considerable plummet in the number of people without a health plan. Last year, the rate of uninsured people fell to 9.1 percent after having…

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