Tag: Congressional Budget Office

Health insurance premiums for exchange policies to remain stable

S.Vagus
Health Insurance Premiums Rise

Report highlights the stability of premiums for policies sold through state and federal exchanges The Urban Institute and the Robert Wood Johnson Foundation have released a new report concerning the premiums of insurance policies sold through exchange networks in the U.S. The report notes that policies sold through these exchanges were less expensive than had been anticipated this year. For some time, insurers had suggested that insurance premiums would skyrocket due to the provisions of the Affordable Care Act, but this has not yet been seen. Premiums are not expected…

Read More

Health insurance plans are being snatched up with the deadline looming

Julie Campbell
Health Insurance exchange marketplaces

The end of the 2014 open enrollment period for the health care reform is only just over a week away. The Obama administration announced earlier this week that over 5 million people have now enrolled for health insurance under the Affordable Care Act, which suggests that the number of people signing up has picked up speed as the deadline for this year rapidly approaches. In the first half of this month, alone, an estimated 800,000 people signed up for coverage on the exchanges. Officials released a blog post that provide…

Read More

Health insurance exchanges may fall short on enrollment

S.Vagus
Health Insurance exchange marketplaces

Exchanges continue to struggle with technical problems Ongoing problems with the federal insurance exchange network in the U.S. may mean that the enrollment goals for HealthCare.gov may be impossible to meet. Exchanges throughout the country began operation on October 1, 2013, but relatively few people have been able to apply for coverage through exchanges managed by the federal government. Severe technical issues crippled HealthCare.gov in its early weeks, making it impossible for many people to apply for health insurance coverage through the federal exchange network. Agency lowers estimates concerning enrollment…

Read More

Health insurance provision delay could be a costly measure

Marc
health insurance

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…

Read More

Health insurance rate increase in California lower than anticipated

Logan B.
California Health Insurance

Health insurance rates expected to spike throughout the US For the past year, insurers throughout the U.S. have been warning that health insurance rates would grow at an alarming rate due to the Affordable Care Act. These warnings have come from some of the country’s largest insurers, many of whom had suggested that consumers would be unprepared for higher rates in the future, leading to a phenomenon known as rate shock. In California, however, health insurance rates have yet to show signs that support the warnings coming from insurance companies.…

Read More