Access to federal exchange has been restricted Federal health insurance exchanges in the U.S. were meant to offer coverage options for small groups and businesses, but this feature of the exchange initiative has been put on hold until 2015, at the earliest. The decision to postpone this aspect of federal exchanges is meant to provide the exchange network with more time to iron out the multitude of technical problems it has been having over the past month. The problem, however, is that this means many small groups and businesses that…
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Three large insurers opt out of California health insurance exchange
Health insurance companies choose to opt out of exchange program California’s health insurance exchange, called Covered California, is beginning to take shape as it inches closer to becoming fully active at the end of this year. The exchange has been accepting policy applications from numerous health insurance companies throughout the state, all of which seem eager to participate in the exchange system. Three of the state’s largest insurers, however, have decided to opt out of the exchange program, at least for the first year of its operation. Decision could limit…
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