More health insurance options are coming to Alabama

health insurance industry

New policies are expected to be made available through state’s exchange later this year Alabama residents are set to have more options when it comes to purchasing insurance coverage through the state’s exchange later this year. The Alabama Department of Insurance has announced that United Healthcare has submitted plans to participate in the state’s exchange. These plans are currently being reviewed and are expected to be sold through the exchange during the next open enrollment period, which will begin on November 15 of this year. United Healthcare wants to participate…

Read More

Flood insurance may be set for reform in Alabama

flood insurance

New legislation seeks to address problems with insurance coverage New legislation in Alabama could have a major impact on flood insurance throughout the state. Currently, homeowners throughout the state must rely on the National Flood Insurance Program in order to find the protection that they need. The program, however, is riddled with debt and has come under fire for its inability to pay claims effectively. Moreover, coverage through the federal program is becoming significantly more effective for many people throughout the country. The problems with the federal program have lead…

Read More

Entirety of Alabama to be covered by health insurance exchange

online health insurance technology exchange

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…

Read More

Alabama State Employees Insurance Board facing “fiscal cliff”

Alabama Employees Insruance

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 More

Alabama health insurance exchange nixed

Health Insurance rates and care

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 More