Virginia health insurance to lose Anthem next year

portsmouth virginia health insurance commissioner

The insurer announced it will officially leave the state’s exchange for the 2018 marketplace. Anthem recently announced its intentions to step out of the Virginia health insurance marketplace for 2018. Moreover, it has also revealed that it will be reducing the number of health plans it sells in Bristol, as well as Washington and Scott counties. The withdrawal from the insurance exchange occurred after Republicans failed to repeal the Affordable Care Act. This news was also made on the heels of President Trump’s threat to slash healthcare subsidy payments which…

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Anthem health insurance plans leaving Ohio exchange in 2018

columbus ohio anthem health insurance

The insurer announced that it will not participate in the state’s ACA marketplace next year. One of the largest insurers in the United States, Anthem health insurance, announced its intention to exit the Ohio ACA exchange next year. While the company is large, very few people will be affected by the departure. Only about 10,500 Ohioans have health plans with Anthem, residing in only one fifth of the state’s counties. While the Anthem health insurance exit from the exchange is a small one when all is said and done, it…

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Aetna health insurance withdrawing from ACA exchanges next year

Aetna Health Insurance bubble burst ACA

The company has announced its departure from all marketplaces across the country in 2018. A number of large insurers have stepped out of certain specific marketplaces, but Aetna health insurance is backing out of the entire country. The health insurance company had already withdrawn from certain states, but this move is nationwide. Aetna health insurance will be taking on a complete removal from the Affordable Care Act’s marketplaces next year. It recently announced its decision as a result of ongoing financial losses. The insurer also cited uncertainty as to the…

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Will 1.4 million people lose their health insurance plans in 2017?

health insurance plans

As insurers withdraw from many exchanges, many Americans may find themselves scrambling for new coverage. A new study revealed that the impact of insurers stepping out of the Obamacare marketplaces could leave many Americans without health insurance plans. In fact, as many as 1.4 million people could lose their coverage and have to replace it by 2017. The states expected to be affected the most by insurance company withdrawal are North Carolina and Florida. Over the last few months, a rash of large health insurance companies have stepped out of…

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Kentucky insurance exchange loses another health insurer

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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Alabama health insurance rates under scrutiny for first time since ACA

Alibama Health Insurance Costs

The state has not undergone this process since it first implemented the Affordable Care Act. Alabama health insurance companies will face a new wave of scrutiny from state regulators when they seek to increase the rates they charge in 2017. This is the first time they will have undergone scrutiny for rate changes since the insurance exchange launched there in 2013. Obamacare’s regulations were meant to encourage states to implement insurance rate reviewing systems. The purpose of the reviews is to provide states with a means by which to consider…

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Georgia insurance exchange will not include UnitedHealthcare

Georgia Health Insurance exchange

Officials in the state have said that the health insurer will not be selling its plans over the marketplace for 2017. Georgia officials have now stated that UnitedHealthcare will no longer be selling its health plans over the state’s insurance exchange after this year, and the insurer has now become the only one that has said it won’t be continuing forward on the marketplace. The insurance department in the state has said that UnitedHealthcare is the only one no longer selling on the exchange. In the state, over 500,000 residents…

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State-run health insurance exchanges contain security flaw

health insurance website problem security alert computer

An investigation has discovered that the California, Vermont and Kentucky sites left personal data vulnerable. In a recent investigation of state-run health insurance exchange websites, “significant cybersecurity weaknesses” were discovered in California, Vermont and Kentucky, according to federal officials. These flaws in the websites may have left the personal information of residents of those states open to hackers. The Government Accountability Office (GAO) discovered the vulnerabilities. This independent agency functions as a watchdog organization over Congress. The investigation it conducted looked into the health insurance exchange websites of the individual…

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Top California health insurance barriers include premiums and eligibility

California Health Insurance

The results of research conducted throughout 2014 showed that there were very specific reasons for remaining uninsured. A new study conducted by researchers at the Center for Labor Research and Education at the University of California, Berkeley, as well as the UCLA Center for Health Policy Research has determined that among the individuals without California health insurance coverage in 2014, two out of every three were deemed eligible but chose not to enroll as a result of the cost. The other third of the uninsured residents of the state were…

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Massachusetts health insurance is popular but confusingly complex, study

Massachusetts Health Insurance

Despite the fact that this exchange currently leads the country, many consumers still struggle with medical costs. The results of the annual Center for Health Information and Analysis survey have been released and show that Massachusetts health insurance, while still leading the nation in terms of the percentage of state residents who are insured, still faces certain considerable struggles. The state also leads in terms of health care costs rising faster than income growth and inflation rates. What the survey determined was that about one in every six residents of…

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