Live Insurance News

Federal health insurance exchange site goes live

November 14, 2014November 12, 2014 S.Vagus

HealthCare.gov is back and may be better than before HealthCare.gov, the federal health insurance exchange gateway, has gone live once again. Though the website is not officially selling policies until November 15, the Department of Health and Human Services is eager to show off the new site and highlight that changes that have been made to it. The federal agency is keen to avoid the technical missteps that were made during the last open enrollment period, which prevented many thousands of people from actually acquiring health insurance coverage through exchanges.…

Health insurance rates could spike in small states

November 13, 2014November 12, 2014 Nordstrom

Baby boomers relying more heavily on medical care could lead to a surge in spending Baby boomers are entering their “golden years” and this may have a significant impact on health insurance premiums for everyone else. An estimated 76 million people from the baby boomers generation are expected to create a surge in spending on prescription medications, health care, and hospice car. This may become a major financial issue for insurance companies, with insurers like UnitedHealth and WellPoint seeing few other options than raising rates. For some states, premiums may…

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

November 11, 2014November 8, 2014 S.Vagus

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…

Aetna to acquire health insurance exchange technology developer Bswift

November 6, 2014November 5, 2014 Logan B.

Trumpcare health insurance investigation

Aetna announces acquisition of Bswift, developer of exchange technology Aetna, one of the largest insurers in the United States, has announced that it has reached a deal to acquire a privately held company responsible for developing technology used in health insurance exchanges. The company, called Bswift, creates cloud-based technology that helps people shop for coverage through state-based exchanges. This technology is meant to be used by employers and exchanges alike and is designed to be consumer friendly rather than have a specific focus on businesses. Company’s technology used to help…

Federal health insurance website has been revamped

November 6, 2014November 5, 2014 S.Vagus

HealthCare.gov has been refurbished and may be better than it was last year HealthCare.gov has been refurbished ahead of the beginning of this year’s open enrollment period. Last year, the site sought to offer people throughout the country with access to inexpensive health insurance policies they could find through their state’s insurance exchange. As is often the case, ambitious concepts tend to fail to live up to expectations and the site struggled to accomplish its goal. Severe technical difficulties rendered the site unusable for some people, which left them without…