Tag: Texas health insurance

Health insurance company to put its individual PPO plans to rest

Marc
Texas health Insurance companies

Blue Cross Blue Shield of Texas will begin phasing out its PPO coverage Blue Cross Blue Shield of Texas has announced that it will be phasing out its PPO coverage for individuals. The health insurance providers is doing so because it believes that offering this coverage is no longer financial sustainable. Those with PPO coverage from the insurer will have to switch to HMO plans as a result. Notably, the company’s PPO plans will continue to be offered to employers and group PPO plans will still be available. Cost of…

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Health insurance gap remains large in Texas Hispanic population

G. Turner
insurance gap uninsured

A new study has shown that this ethnic community still finds costs to be prohibitively high. According to the outcome of the research conducted by a team at the Baker Institute from Rice University, the health insurance gap among the middle aged, lower income, and Hispanic populations. Affordability was cited among the top reasons that many people in those communities remained uninsured. The research team from the Baker Institute worked along with the Episcopal Health Foundation in order to prepare a number of briefs that would provide a better understanding…

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New health insurance legislation passed in Texas

Marc
Texas Health Insurance Program

Health insurance cards for policies sold through state exchange will have a QHP label New legislation in Texas will place a special label on all health insurance cards for those that have purchased plans through the state’s exchange. This label — QHP — will be affixed to insurance cards to denote that policyholders have purchased coverage through the state’s exchange. The label stands for “qualified health plans,” which are policies that are approved to be sold through the health insurance exchange marketplace. This may serve as a “teachable” moment for…

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People seek out health insurance on the last day of open enrollment

Nordstrom
Texas health Insurance companies

Open enrollment has ended, but many sought coverage at the last minute There has been a swell in activity among those looking for health insurance coverage through state-based exchanges on the last day of the open enrollment period. Open enrollment for exchanges ended on February 15, and many people flocked to HealthCare.gov and visited the physical office of their exchanges in order to acquire coverage. With the open enrollment period now over, consumers will not be able to find health insurance coverage through exchanges, apart from certain circumstances. Texas experiences…

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The majority of insurance companies aren’t transparency law compliant

Julie Campbell
Texas health Insurance companies

Texas has become unable to determine whether or not the plans are meeting the needs of consumers. Texas recently implemented a new regulation for health insurance companies that required them to have to submit reports to the state Department of Insurance in order to help to protect consumers against unfairly high medical bills, but many insurers have been ignoring this requirement, so far. At the same time, officials in the state haven’t done very much to help to improve compliance. Under the new regulations, insurance companies are supposed to be…

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