Live Insurance News

Georgia insurance exchange will not include UnitedHealthcare

April 14, 2016April 13, 2016 H. Cutner

Officials in the state have said that the health insurer will not be selling its plans over the marketplace for 2017. Georgia officials have now stated that UnitedHealthcare will no longer be selling its health plans over the state’s insurance exchange after this year, and the insurer has now become the only one that has said it won’t be continuing forward on the marketplace. The insurance department in the state has said that UnitedHealthcare is the only one no longer selling on the exchange. In the state, over 500,000 residents…

Aetna steps out of America’s Health Insurance Plan

January 11, 2016January 10, 2016 G. Turner

The third largest and powerful healthcare plan provider in the country has stepped out of the group. The third largest medical insurer in the United States has now announced that it will be quitting America’s Health Insurance Plan, which is the powerful lobbying group in the industry that has been standing behind Obamacare. This is the second large health insurance company to leave the group, following the departure of UnitedHealthCare. Back in June, UnitedHealthCare announced that it was to be the first insurer to leave America’s Health Insurance Plan (AHIP).…

Health insurance education sessions to be hosted by UnitedHealthcare

July 9, 2015July 7, 2015 Logan B.

Insurer aims to dispel the confusion that surrounds health insurance coverage The East Central Regional Enrollment Network, which provides assistance for those interested in enrolling in both private and public health insurance plans, has announced that UnitedHealthcare, one of the nation’s largest insurance providers, will be offering education opportunities. The insurer will be hosting educational sessions concerning the policies it offers through the Wisconsin health insurance exchange. The sessions are meant to dispel confusion among consumers and ensure that they have the information they need in order to acquire the…

Health insurance rates may be going up in Alabama

June 4, 2015June 2, 2015 Nordstrom

Insurers seek rate increases Health insurance premiums for policies sold through the Alabama exchange could be rising by a significant margin. Blue Cross Blue Shield of Alabama, which sells policies through the exchange, is requesting a rate increase averaging 28%. This rate increase would affect individual plans. For the Blue Choice Platinum – Individual plan that the insurer offers, rates could go up as much as 71%. The rate increases are expected to affect some 175,000 people. Average cost of UnitedHealthcare plans could grow by 24.5% Another insurer is also…

State agency modifies health insurance rate increase proposals

October 13, 2014October 11, 2014 Logan B.

Connecticut Insurance Department modifies some proposals, rejects others The Connecticut Insurance Department has modified rate proposals from health insurance companies for policies that will offer coverage in 2015. The agency has modified rate proposals from some of the state’s largest insurers, including Aetna and UnitedHealthcare. Some rate proposals were rejected, while insurers were required by the agency to change their proposals in order to reduce the financial pressure that consumers experience from the coverage. Some of the rate proposals that the agency has modified have to do with policies that…

New health insurance company expanding into New Jersey

September 30, 2014September 27, 2014 Marc

Oscar Health Insurance will offer coverage through the state’s insurance exchange for the next open enrollment period New Jersey residents that will be shopping for health insurance through the state’s exchange will have more options beginning on November 15 this year. Oscar Health Insurance, a startup that was launched last year in New York, has announced that it is expanding to New Jersey. The insurer covers some 16,000 people in New York and has won praise from its customers. The insurer will be participating in New Jersey’s insurance exchange when…

Connecticut regulators deny rate proposals from two health insurance companies

August 5, 2014August 2, 2014 S.Vagus

Regulators deny insurers the ability to raise rates on 2015 policies The Connecticut Insurance Department has denied rate increase proposals from two insurance companies that had sought approval to raise premiums by at least 12% in 2015. One of the companies seeking an increase in premiums was Anthem Blue Cross, which had wanted approval to increase its rates by an average of 12.5%. State regulators have deemed this request “excessive” and denied the proposal, requiring the insurer to submit a new rate proposal for policies it plans to sell in…