Live Insurance News

DC officials take a bold step to promote health insurance

August 19, 2013August 17, 2013 Marc

DC commits funds to community organization to drive up health insurance coverage District of Columbia officials have awarded grants to several community organizations in order to help those without insurance coverage find policies through the District’s health insurance exchanged, called DC Health Link. The exchange is meant to begin open enrollment this year and will do so on schedule barring any significant unforeseeable problems with its structure. Currently, the services available through the exchange are not well known and many consumers that currently have no insurance coverage may miss out…

Idaho health insurance exchange will not be run by the Government

August 15, 2013August 16, 2013 Logan B.

Idaho will operate its own health insurance exchange Updated Article: Contrary to recent reports, the Idaho health insurance exchange will not be operated by the federal government in 2014. Previous reports had suggested that the state’s health insurance exchange would fall under federal jurisdiction due to the state’s failure to meet federal deadline concerning plans for the exchange. According to the Idaho Health Insurance Exchange, however, this is not the case. The exchange will be operated by the state and will begin open enrollment in October of this year. State…

Aetna backs out of Georgia health insurance exchange

August 8, 2013August 7, 2013 Marc

Aetna and Coventry pull out of state health insurance exchange Aetna, one of the largest health insurance providers in the U.S., has dropped out of Georgia’s health insurance exchange. The insurer is also taking its recently acquired subsidiary, Coventry, out of the state’s insurance exchange as well. With the two companies leaving the exchange, five insurers remain to offer coverage through the state’s exchange program. While the insurers will not be participating in the exchange, they will still be offering coverage beyond the confines of the program. Federal law seeds…

Health insurance provision delay could be a costly measure

August 5, 2013August 3, 2013 Marc

Health insurance provisions of the Affordable Care Act could cost the country money The Congressional Budget Office has released a new report concerning the delay of certain provisions of the Affordable Care Act. Early in July, the Obama administration decided that a number of key provisions of the Affordable Care Act would be delayed in order to allow businesses to better prepare for the financial implications of the federal law. The delayed provisions are focused on small businesses, requiring them to provide health insurance coverage to full-time workers. Small businesses…

Health insurance rates could spike in Florida

August 2, 2013July 31, 2013 S.Vagus

Health insurance rates are set to rise, warns Florida commissioner Health insurance rates could see a dramatic rise in Florida, according to Insurance Commissioner Kevin McCarty. The commissioner claims that health insurance rates for small businesses and individuals will rise as a result of the Affordable Care Act. Rising rates are being linked to the formation of an insurance exchange within the state. Florida will not operate its own health insurance exchange, the presence of the exchange and the provisions of the Affordable Care Act could make coverage significantly more…