Open enrollment is up and running on the health insurance exchange

health insurance exchange

The third ever open enrollment has started across the country for people buying coverage for 2016. It’s that time of year again, when the health insurance exchange open enrollment begins so that consumers across the United States can shop for, compare, and purchase the coverage they need for 2016 in order to comply with the individual mandate of the Affordable Care Act. The open enrollment period for buying the health plans officially started on Sunday, November 1. Initial reports showed that consumers were already using the online marketplaces across the…

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Affordable Care Act could struggle due to insurance policy cancellations

affordable care act

Some customers have decided that they can’t afford subsidized coverage and are letting it expire. The new open health insurance enrollment period will be beginning under the Affordable Care Act on November 1, and while this means that campaigns are soon going to launch in full force to encourage the remaining 10.5 million eligible uninsured people to purchase coverage, dropouts are working against that effort. The insurance exchanges are now needing to focus on keeping their current customers as well as attracting new ones. This is a new trend since…

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Health insurance exchange open enrollment period is about to start in the US

uninsured health insurance exchange

Open enrollment period begins on November 15 this year, running through February, 2015 The next open enrollment period for U.S. health insurance exchanges begins on November 15 this year, but many people may still be uncertain about what they need to do to be covered by January 1, 2015. The open enrollment period will run through February 15, 2015, but in order for coverage to begin in January, people will have to purchase policies from exchanges before December 15. The Alliance of Insurance Services has been taking steps to raise…

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Insurers take the business approach to Obamacare

Insurers are finding ways to omit Obamacare from their marketing The Affordable Care Act, often called “Obamacare,” has become a hyper-politicized issue within the U.S. While consumers and politicians throughout the country are arguing the merits of the federal law and how to fix its faults, insurance companies are looking at the issue from the perspective of business. Insurers throughout the U.S. are preparing for a public relations barrage, which will target the estimated 7 million new customers that could find coverage through health insurance exchanges. Insurers are expected to…

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Obama Care – What it Means to You, From Insurance Medics

health insurance mandate

FORT LAUDERDALE, Fla., Sept. 28, 2013 (GLOBE NEWSWIRE) — Obama Care is finally here. That can mean different things to many people. For instance, some individuals will be able to keep their current health plan and not worry about finding a new one. While others can keep their plan until it expires sometime in 2014. Then for some, obtaining health insurance during open enrollment will be the first time receiving health coverage in their life. For those that purchased a plan prior to March 23, 2010, individuals can keep that…

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Aetna report shows that consumers are confused about insurance terms

Aetna Inc. has released the results of a new consumer survey as open enrollment for employer-offered insurance plans comes to a close. The results of the survey show that more than half of insured adults in the U.S. find the terms of their insurance policies confusing. This presents a major problem for both insurers and consumers as these adults general tend to accept any terms they are given as they believe that any insurance coverage, even if it is not appropriate to their needs, is better than no coverage at…

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Medicare open enrollment deadline approaching fast – things you should know!

Many seniors are being forced to change this year due to about 13% of Medicare Advantage plans are being phased out. Studies show that year after year, 80% of enrollees have not changed, even when unhappy, but this year 3.5 million people do not have a choice. Change can be unsettling but there are many avenues of information that can help, here are a few: 1. Ask your doctor’s office if they’re equipped with staff educated in the recent changes. They have your medical history and some have put in place…

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