Tag: Washington insurance

Major change to Washington health insurance exchange could benefit consumers

Nordstrom
seattle washington health insurance rates industry

Consumers will now pay premiums directly to insurance providers Those purchasing health insurance coverage through the Washington exchange have begun paying their premiums directly to insurers. Previously, consumers were paying premiums to the exchange itself, which then issued these premiums to insurance companies. The change may be a boon for consumers, as many have reported problems in with premiums payments in the past. Trouble paying premiums has lead to some consumers having complications with their coverage and the state is looking to resolve this issue effectively. Many had reported problems…

Read More

Washington approves 136 health insurance plans to be sold on state’s exchange

Logan B.
seattle washington health insurance rates industry

New insurers have been approved to sell coverage to participate in the state’s insurance exchange The Washington Office of the Insurance Commissioner has announced the approval of some 136 individual health insurance plans that will be sold through the state’s insurance exchange. The plans come from 12 insurance companies, which had requested for rate increases of 5.4%. State regulators have approved an increase in premiums of 4.2% for these insurers, however. Consumers will be able to purchase these plans during the exchange’s upcoming open enrollment period, which begins in November…

Read More

Health insurance is now more accessible in Washington than ever before

Logan B.
seattle washington health insurance rates industry

Affordable Care Act has been a major success in Washington Health care reform may have been a major success in Washington, according to the state’s Insurance Commissioner, Mike Kreidler. This week, Keridler spoke to a Congressional subcommittee, highlighting the benefits that the Affordable Care Act has brought to his state. Most notable among these benefits is the impact that the law has had on the uninsured population. According to Kreidler, Washington now has the lowest rate of uninsured people it has seen since 1987. State’s uninsured population drops to 8.5%…

Read More

170,000 people sign up for the Washington health insurance exchange

S.Vagus
washington health insurance exchange

More people find the coverage they need through the Washington insurance exchange An estimated 170,000 Washington residents have purchased health insurance coverage through the state’s exchange marketplace, according to information provided by the state. This is an increase in the number that purchased health insurance through the exchange during the first open enrollment period. Many people were able to take advantage of a special enrollment period, which offered consumers more time to sign up for coverage through the state’s exchange before they filed for taxes. Special enrollment period proves to…

Read More

Washington health insurance exchange enrollment is growing quickly

S.Vagus
washington health insurance exchange

State exchange reports 22,500 new people signed up for insurance coverage, with 70,000 renewals Washington’s health insurance exchange is performing quite well during this open enrollment period. According to reports from the exchange, approximately 22,500 new people have signed up for coverage through the exchange marketplace. Another 70,000 people have renewed the coverage that they purchased through the exchange during the last open enrollment period. Washington residents may have run out of time to purchase coverage that will go into effect on January 1, 2015. Policies purchased after Tuesday will…

Read More