Live Insurance News

Health insurance through state exchanges still not a firm deal for many Americans

June 6, 2013June 4, 2013 H. Cutner

Two out of three people still haven’t decided if they will insure themselves under the new law. Even though it is full steam ahead for the Affordable Care Act, many Americans still don’t entirely understand what they need to do in order to comply with it or they simply have not yet decided whether or not they will choose to purchase the health insurance that is needed under the so-called individual mandate. A recent study has indicated that almost two thirds of Americans has not yet made its decision. The…

Health insurance shows 84 million Americans uninsured or underinsured for a span of 2012

April 29, 2013April 27, 2013 G. Turner

health insurance uninsured and underinsured survey

The survey revealed that there was a very large group that spent part of last year without coverage. According to research conducted by the Commonwealth Fund, there were 84 million people – that is, almost half of all American adults of working age – who either went insured for a span of time in 2012, or who had to pay medical costs that were so great that they were considered to be underinsured. The survey also discovered that the coverage level increased among young adults from 2010 to 2012. The…

Loophole could help health insurance companies avoid Affordable Care Act

April 11, 2013April 10, 2013 Logan B.

Health insurance companies may find major benefit in loophole in federal law Health insurance companies throughout the U.S. have been working to find ways to avoid the costly implications associated with the federal Affordable Care Act. There are several provisions associated with the federal law that are expected to have a major impact on the cost of health insurance coverage, largely due to the fact that these provisions institute more regulations on insurers. Some health insurance companies seem to have found a possible way to avoid complying with the federal…

Health insurance exchange for small businesses to be delayed

April 4, 2013April 2, 2013 H. Cutner

Health insurance for small business health care costs

Though promised by the healthcare reforms, it looks like there may be another year to wait. Employees of small businesses may need to wait an extra year before they will be able to take advantage of the health insurance exchange that was promised to companies of that size, as the Obama administration has announced a delay in the implementation of an important provision to the Affordable Care Act. These workers were supposed to have access to coverage through the marketplace as of January 2014. This would have applied to small…

Health insurance for children sees slowing in expansion

March 27, 2013April 30, 2013

The broadening of the medical coverage for kids in Florida may be stalling out. Now that the legislative session in Florida is already a third complete, a bill that would work to shrink the health insurance coverage gaps for children in the state has been passed only one committee and looks as though it will not completely pass. The bill is designed to help to cover children who have lost other forms of medical coverage. Rep. Gayle Harrell (R-Stewart) presented the HB 689 proposal that was designed to help kids…

New health insurance rule to go into effect in the US

March 9, 2013March 6, 2013 Logan B.

New rule targeting health insurance being introduced January 1, 2014, is rapidly approaching, and that means that the Affordable Care Act is on the verge of becoming fully enacted. This also means that health insurance companies throughout the U.S. are scrambling to make sure they comply with the federal law. This has proven very difficult, however, due to the fact that the federal government continues to change many of the provisions of the law. The government continues to issue new rules concerning the Affordable Care Act that require health insurance…

Health insurance rate shock may be coming to the US

February 28, 2013February 27, 2013 Logan B.

Health insurance costs spark worry among states Rate shock is becoming a common term in the U.S., especially in the world of insurance news. The term refers to a steep increase in insurance premiums, an increase that policyholders are both unprepared for and unable to accommodate. Rate shock is most often related to the issue of health insurance and the Affordable Care Act. The controversial federal law will take full effect in 2014, and U.S. insurers have been warning that rate shock may be one of the unintended consequences of…