The state will become the first in the country to offer federally subsidized plans only through private brokers. The Georgia health insurance system will make the state the first one in the country to offer its residents fully subsidized plans exclusively through private brokers. This will occur as a result of a new plan under approval by the Trump administration. Another portion of this plan will offer Medicaid to certain adults in the lowest income bracket. This new Georgia health insurance rule will mean that able-bodied adults will have access…
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Georgia insurance exchange will not include UnitedHealthcare
Officials in the state have said that the health insurer will not be selling its plans over the marketplace for 2017. Georgia officials have now stated that UnitedHealthcare will no longer be selling its health plans over the state’s insurance exchange after this year, and the insurer has now become the only one that has said it won’t be continuing forward on the marketplace. The insurance department in the state has said that UnitedHealthcare is the only one no longer selling on the exchange. In the state, over 500,000 residents…
Read MoreHealth insurance premiums see modest rise in Georgia
State’s insurance rates remain steady despite fears of major increases The cost of coverage from Georgia’s health insurance exchange have remained steady, according to a study from the Urban Institute. Many had feared that premiums for policies sold through the state’s exchange would increase at a rapid pace, but this has not been the case. The exchange sells plans in Bronze, Silver, Gold, and Platinum categories, with each tier offering their own level of coverage benefits, with Platinum being considered the most comprehensive. Silver tier plans are, by far, the…
Read MoreAetna backs out of Georgia health insurance exchange
Aetna and Coventry pull out of state health insurance exchange Aetna, one of the largest health insurance providers in the U.S., has dropped out of Georgia’s health insurance exchange. The insurer is also taking its recently acquired subsidiary, Coventry, out of the state’s insurance exchange as well. With the two companies leaving the exchange, five insurers remain to offer coverage through the state’s exchange program. While the insurers will not be participating in the exchange, they will still be offering coverage beyond the confines of the program. Federal law seeds…
Read MoreHospitals move to form their own health insurance company in Georgia
Health insurance concerns spur hospitals to take drastic step Small businesses are not the only ones that have been voicing concerns over the Affordable Care Act in the U.S. The federal health care law has been raising worries among hospitals throughout the country, many of which claim the Affordable Care Act will have a drastic and problematic impact on health care and health insurance. In Atlanta, Georgia, two hospitals are beginning to work together in order to circumvent the problems they foresee regarding the Affordable Care Act. New health insurance…
Read MoreHealth care reforms hit a wall with the Georgia Governor
Gov. Nathan Deal has rejected the opportunity to have a state-run insurance exchange. Governor Nathan Deal of Georgia has made the insurance news announcement regarding the health care reforms in the state, and that they will not be building or implementing their own health plan exchange to comply with the Affordable Care Act. The governor has said that lack of flexibility, unknown costs and lack of state control made his decision. Though the Supreme Court said that states could opt out of the expansion of their Medicaid programs, they upheld…
Read MorePre existing condition health insurance reduces HIV drug wait list
Plan cuts the waiting time significantly. Georgia’s wait list statistics in January was the longest in the country for individuals who needed government pre existing condition health insurance drug assistance for HIV. Back then, there were 1,348 people in the state who wanted to enroll in the AIDS Drug Assistance Program. Today, despite the fact that less than six months have passed, the wait list for ADAP has been reduced to about a third of its previous length, at 490 people (as of June 7, 2012). The program is designed…
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