Health insurance exchange contractor gets the axe in Maryland

health insurance exchange problems

The company behind the hugely costly but highly defective online marketplace has been fired. The state of Maryland has now fired the contractor that was behind the creation of the expensive health insurance exchange online marketplace that was supposed to allow the state to be able to comply with the federal health care reform. The defects in the site are extensive enough that Maryland may have to abandon part or all of the system. Despite the fact that the health insurance exchange creation came with a tremendous price tag, it…

Read More

Health care reform enrollment goal reached in Maryland, after all

Maryland Health insurance

A research error had made the success of the state’s exchange look unlikely until it was finally identified. Since the start of the implementation of the health care reform in Maryland, it has looked like the state would only just barely meet its enrollment goals – if it would actually reach them at all. However, recent reports have shown that the first goal that was set was actually based on inaccurate data. As it turns out, since the data upon which the original health care reform enrollment goal was established,…

Read More

Maryland health insurance computer glitch leaves thousands uninsured

Maryland Insurance

A problem with the exchange in the state may have left up to 5,000 enrollees without coverage. An issue that has been identified with the Maryland health insurance exchange has made it possible that a few thousand people in the state who believe that they have fully enrolled for the coverage required to comply with the individual mandate have not actually done so successfully. The state’s governor has acknowledged this issue, although a specific number of affected people is not known. Governor Martin O’Malley spoke on the subject of Maryland…

Read More

Maryland launches marketing campaign for health insurance exchange

Maryland Insurance

Campaign highlights services of state’s health insurance exchange Maryland has launched an aggressive marketing campaign to raise awareness of its health insurance exchange. The exchange will begin open enrollment in October of this year, but many residents remain unaware of the services they can find through the state-based marketplace. Moreover, many people in the state have expressed confusion concerning the other aspects of the federal Affordable Care Act and how it may impact their lives. Maryland officials believe that the new marketing campaign will help dispel this confusion and boost…

Read More

Health insurance exchange in Maryland loses Aetna plans

Maryland Insurance

The giant insurer has announced that it is withdrawing its policies from the state marketplace. Aetna has revealed that it feels that the approved rates in Maryland are not feasible, as it scrutinizes the offerings it has across the rest of the United States, and has now canceled its intentions to sell health insurance within that state’s exchange. The marketplace is slated to open on October 1, 2013 in order to comply with the federal healthcare reforms. The intention to sell health insurance plans as a part of the new…

Read More

Health insurance rates increases of extreme levels may be premature

Health Insurance rate increases

Consumers are cautioned not to take estimates of hikes in premiums seriously, just yet. As the health insurance marketplaces are just being established and the very first estimates are starting to be released regarding the impact of these exchanges on the cost of the coverage, experts and officials are cautioning consumers not to take the numbers at face value, just yet. There are many different factors to consider, and they have not yet all been applied to the estimates. For example, in April, Maryland released the premiums that would be…

Read More

Health insurance rate proposals throughout US show troubling trend

Maryland Health insurance

Maryland makes public health insurance rate proposals from insurers Last month, Maryland became one of the first states in the U.S. to make public the rate increases health insurance companies are planning to institute next year through the Affordable Care Act. State officials have noted that health insurance companies are planning to raise rates on coverage by an average of 25% throughout the state. This has caused some discomfort with Maryland residents that are not eager to pay more for the coverage they are receiving, and this sentiment may be…

Read More