Whole of Alabama could be covered by health insurance plans The entirety of Alabama is expected to be covered by the state’s health insurance exchange when it becomes operational at the beginning of 2014. The state’s exchange system is to be managed by the federal government, but state officials have been fielding proposals from health insurance companies concerning the policies that will be available through the exchange. Several of these insurers have come forward with expansive health insurance plans, with a few even offering to provide coverage to the entirety…
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Health insurance coverage available in every Alabama county
The state has announced that it will have plans available through its exchange for all of its regions. Alabama has announced that no counties will be left out of its health insurance exchange, which will be federally operated, because there have been proposed plans put forward by three different companies, two of which are willing to provide coverage to the entire state. This has left Alabama in a better situation than some of the other states located nearby. Both United Healthcare and the largest health insurance provider in the state,…
Read MoreAlabama State Employees Insurance Board facing “fiscal cliff”
State Employees Insurance Board foresees problems with the Affordable Care Act Alabama is facing a serious “fiscal cliff,” according to William Ashmore, CEO of the State Employees Insurance Board. Ashmore’s concerns largely revolve around the Affordable Care Act and what impact it may have on the health insurance being provided to employees of the state. Next year, the law is expected to enact new changes to the health insurance market, with some of those changes targeting the health insurance plans of state workers. These changes are expected to bring about…
Read MoreAlabama health insurance exchange nixed
Alabama health insurance exchange plans put to rest by Governor Bentley Alabama will not build its own health insurance exchange, according to Governor Robert Bentley. The Governor released a short press release this week detailing his views on the exchange program and why the state will not build its own. The state is required to host a health insurance exchange per the Affordable Care Act. The state can, of course, opt out of building its own exchange, but the federal government will be responsible for building the Alabama health insurance…
Read MoreAlabama’s SEHIP may be facing economic troubles
SEHIP executives predict financial turmoil for 2013 fiscal year The Alabama State Employee’s Health Insurance Plan (SEHIP) may be heading for economic turmoil. SEHIP executives announced this week that they expect the insurance program to spend more money than it collects in the 2013 fiscal year. The plan currently covers 51,000 active and retired public workers, giving them access to affordable health insurance coverage. If the plan faces economic troubles in the future, the cost of the coverage it provides to these consumers may become more expensive, if it is…
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