Author: Nordstrom

Penalties for those without health insurance are on the rise

Nordstrom
health insurance penalty

Federal fines will be placing more pressure on uninsured consumers next year Health insurance premiums for those seeking coverage through exchanges in the United States are growing next year. For many consumers, higher costs may discourage them from actually keeping their coverage due to financial pressure. If they go without coverage, however, they will face penalties from the federal government. Next year, those penalties will be more costly, as they are designed to serve as an incentive to encourage consumers to purchase health insurance coverage. Report shows that the average…

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Health insurance scams are targeting consumers in Texas

Nordstrom
Texas health Insurance companies

Texas consumers are facing a new wave of scams that could leave them exposed to risks Low-income individuals living in Texas are being targeted by scams that seek to profit off their enrollment in the state’s health insurance exchange, as well as enrollment in HealthCare.gov. Enroll America, a non-profit organization offering free information concerning the enrollment process, has noted that there has been an increase in the sales tactics used to target low-income consumers. The organization suggests that many of these practices could actually be illegal as scammers are charging…

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Arizona health insurance co-op will be closing at the end of the year

Nordstrom
Arizona Health Insurance Exchange

Meritus Health Partners is struggling to find any financial success Arizona’s health insurance co-op, a non-profit organization meant to ensure state residents have access to insurance coverage, will be shutting down on December 31 this year. Meritus Health Partners, which provides coverage to nearly 60,000 Arizona residents, has suffered from financial complications over the past year, leaving it in a very troubling situation. The co-op’s governing board has determined that the best course of action will be to close down the co-op, with those affected by the closure having to…

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Aetna and Anthem show faith in health insurance exchanges

Nordstrom
Health insurance rates

Insurers see promise in exchange marketplaces throughout the United States Amidst concerns that health insurance exchanges in the United States may be bad marketplaces for insurers, Aetna and Anthem have begun working to reassure investors that this is not the case. Recently, many insurers have been reporting losses due to their participation in insurance exchanges. These losses have lead UnitedHealth, the country’s largest health insurance provider, to exit from all exchanges throughout the country. This has caused a great deal of worry for those receiving coverage through exchanges as well…

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More North Carolina businesses are offering health insurance coverage

Nordstrom
Releigh, Capital of North Carolina homeowners insurance rates

Employer-sponsored coverage is becoming more common, but only slightly More businesses in North Carolina have begun to offer their employees health insurance coverage, but this has only increased by a slight degree since 2010. In North Carolina, nearly half of all consumers below the age of 65 currently receive employer-sponsored insurance coverage. Since 2010, this has risen by less than 1%, while other states have seen a greater increase in employer-sponsored health insurance coverage. A new report from the Department of Health and Human Services has highlighted this issue. Number…

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