Live Insurance News

Health insurance navigators are coming back to Montana

September 25, 2014September 23, 2014 Logan B.

Federal government issues funding for insurance navigators once again The federal government will again provide funding for health insurance navigators that will help people enroll for insurance coverage through state exchanges. In Montana, funding will be provided for navigators that will highlight subsidized insurance coverage. The federal government is offering to offset the cost of insurance coverage through subsidies in order to ensure that a greater number of people have access to insurance policies they need. This year, the navigators will also have a focus on Native American consumers living…

New legislation could impact health insurance in Kansas

March 4, 2014March 1, 2014 Logan B.

Legislation seeks to place federal funding under the control of the state Legislature and governor New legislation is being considered in the Kansas Legislature and it may create some problems for people seeking financial aid for their health insurance coverage. The legislation aims to place all funding provided by the federal government for health care services under the control of the state’s lawmakers and governor. Insurance Commissioner Sandy Praeger has warned Kansas residents that the legislation could make it much more difficult for them to receive the federal financial aid…

Health insurance issues place regulators in a difficult position

November 26, 2013November 25, 2013 Logan B.

Health insurance regulations continue to cause problems Insurance Commissioners throughout the U.S. have been placed in a difficult situation. Earlier this month, President Obama announced that insurance companies could continue to honor substandard health insurance policies rather than cancelling these policies because they do not comply with the standards of the Affordable Care Act. This is meant to create a transition period wherein consumers can have a reprieve from cancellations and insurers can better prepare to comply with federal law. The problem, however, is that many Insurance Commissioners have been…

Montana releases estimates concerning costs of health insurance exchange policies

August 22, 2013August 20, 2013 Nordstrom

State provides estimates concerning cost of health insurance policies sold through exchange Montana has become the latest state in which estimates concerning the rates for policies sold through the state’s health insurance exchange have been released. The state’s Office of the Commissioner of Securities and Insurance has released these estimates in order to give state residents a glimpse at what they could be paying for coverage purchased through the federally-operated insurance exchange. The exchange is meant to provide Montana residents with access to affordable health insurance coverage and is a…

Health insurance landscape shifts in Montana

July 5, 2013July 3, 2013 Marc

Montana sees major transition in health insurance sector Montana has taken a major step in the field of health insurance. The state’s Insurance Commissioner, Monica Lindeen, has granted her approval for the sale of Blue Cross of Montana, the state’s largest private health insurance provider. Blue Cross of Montana is being sold to the Health Care Service Corp., which is based in Chicago, Illinois. The sale comes with numerous conditions, however, which are meant to benefit state residents to some degree. Sale of Blue Cross of Montana has been approved…