Consumers may need to shop around to find the best deal on their health insurance coverage

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Insurance premiums are growing and consumers may be paying too much if they stick with their current policies With health insurance exchanges now open for business throughout the United States, consumers are being urged to shop around for the insurance coverage that they need. Insurers offering policies through exchanges will be increasing premiums for 2016 coverage. Some will be doing so by a significant margin, while others will be raising premiums by a modest degree. In order to find the best coverage at affordable rates, Sylvia Burwell, secretary of the…

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HHS Secretary calls for expansion of health insurance programs

health insurance healthcare reform

Secretary Burwell wants insurance programs expanded in 19 states Department of Health and Human Services Secretary Sylvia Burwell is calling for the expansion of Medicare and Medicaid in 19 states. Burwell suggests that expansion of these programs could provide millions of people with access to health insurance coverage. The 19 states that have decided not to expand these programs account for approximately 4 million uninsured people. Utah is currently the only state in the nation that has not yet decided whether it should expand these programs. Medicare and Medicaid have…

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Massachusetts insurance refunds will total $15 million

Massachusetts Health Insurance

Consumers in the state will be issued the rebates in some form by August 1 by their insurers. According to the latest data from the U.S. Department of Health and Human Services, Massachusetts insurance customers who purchased or renewed their health plans in 2013 were able to save $4.1 billion on their premiums, that year. This year, the health care reform will bring over $15 million in refunds to those same consumers. The Massachusetts insurance rebates will be the second largest among all of the states in the country. The…

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Insurance news made as health care reforms now include new marketplace CEO

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The Obama administration has now announced the creation of a new position to oversee the federal exchange. Among the latest pieces of insurance news to be released regarding the health care reform is the creation of a new chief executive position by the Obama administration which will be responsible for overseeing the federal health plan exchange where residents of 36 states purchase their coverage. This health care reform announcement was made as one of a series of management changes. The insurance news announcement was made by Sylvia Burwell, the U.S.…

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