Technology Is Changing the Insurance Industry

Note From The Editor
insurance industry technology

Technology is beginning to play a major role in the lives of people everywhere. People are beginning to use mobile devices and traditional computers more frequently, and this is having an effect on their daily lives. Businesses are also beginning to become more reliant on various forms of technology, including those in the insurance industry. The advent of technology is having a major impact on the industry and how it operates in three ways. Accessible Information Technology is making information much more accessible than it has been in the past.…

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Health insurance coverage will require many to confirm immigration status

Julie Campbell
health insurance news

In Texas, alone, there are about 53,000 people who need to clarify their status in order to keep their policies. Over 300,000 across the United States have now been sent letters from the federal government that requires them to answer certain questions with regards to their immigration status in order to make certain that they are entitled to keep their health insurance under the Affordable Care Act. Only legal residents and citizens are allowed to purchase policies that qualify for subsidies on premiums. Among those who have received the letters,…

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Health care reform tax credits could impact overall refunds

G. Turner
health insurance disclosure tax penalty

Americans are being advised to review a bit of their tax information to make sure there will be no unwelcome surprises. Many people across the United States look forward to a tax refund, every year, but this is the first time that the credits from the health care reform will come into play, and many experts are now recommending that individuals review some of their information to make sure that they won’t be receiving less than expected – or miss out on a potential opportunity for more. Americans need to…

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Special health insurance enrollment period launched in Washington

Marc
washington health insurance exchange

Insurance Commissioner launches special enrollment period for some consumers in Washington Following several months of consumer complaints regarding Washington’s health insurance exchange, Insurance Commissioner Mike Kreidler is taking action on the matter. The state’s exchange has been crippled for some time by technical problems and billing issues that have left many consumers without insurance coverage. Some of the exchange’s problems have been resolved, and Commissioner Kreidler has launched a special enrollment period in order to ensure that some consumers have adequate access to the health insurance services that they need.…

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Health insurance prices are falling in Arkansas

S.Vagus
Health Insurance rates and care

Policies sold through state’s insurance exchange may be less expensive next year Health insurance premiums for policies sold through state-based exchanges are expected to rise in many parts of the U.S. next year. New regulations and insurers adapting to the provisions of the Affordable Care Act are part of the reason behind growing premiums. In Arkansas, insurance premiums for policies sold through the Arkansas Healthcare Insurance Marketplace are not expected to rise. Coverage sold through the exchange next year is likely to have lower premiums than policies that went into…

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