Insurance News Daily

The state House did not move forward a proposal to use Medicaid funds to purchase private policies. A proposal in Arkansas faced the House but failed to pass as it proposed to use Medicaid money in order to purchase private health insurance to provide coverage to residents of the state within the lower income brackets. The legislation fell short of the votes that it would have required in order to…

Medicaid offers nearly identical level of coverage As health insurance in the U.S. continues to be a controversial issue, the Government Accountability Office, the investigative arm of Congress, has released a new report concerning the much-debated Medicaid program. Under the Affordable Care Act, which was passed in 2010, states are required to expand the accessibility of their Medicaid programs. These states are meant to receive some degree of aid from…

Lawmakers in California are pushing a new bill that would grant the state’s insurance regulators the authority to either reject or approve rate increases imposed on health insurance policies. The issue of rate hikes is not a new one in California. Several months ago, some of the state’s biggest insurers proposed rate increases by as much as 40%. The debate raged until the insurers withdrew their proposals, but the turbulence…