Live Insurance News

Health care reform insurance program has been extended

January 17, 2014January 15, 2014 Marc

Government announces extension of health insurance program Those in the U.S. that had been receiving coverage through the Pre-Existing Condition Insurance Plan will continue receiving coverage through this program. The Pre-Existing Condition Insurance plan was initially designed as a temporary program through which those with pre-existing medical conditions could find affordable health insurance coverage. The plan is connected to the controversial health care reform law, which had made it illegal for insurance companies to deny coverage to those with pre-existing medical conditions. Program to continue offering coverage to those with…

Health care reform may be finding success

January 17, 2014January 14, 2014 Logan B.

Number of people enrolling in exchanges increases Over half of the 2.2 million people that have purchased health insurance coverage from federal and state-run exchanges are over the age of 45, according to data released by the Department of Health and Human Services (HHS). According to the agency, some 1.2 million people enrolled for private insurance coverage through an exchange between October 1 and December 28 of 2013. That number has grown in January, suggesting that health care reform may be accomplishing its goal of making insurance coverage more accessible…

Health care reform draw enrollees over 45 years old

January 16, 2014January 14, 2014 G. Turner

Newly released records have shown that most of the signups for insurance coverage are over that age. Among all of the 2.2 million people who have purchased insurance on the federal and state exchanges as per the requirements of the health care reform during the last three months, over half are in the age group of 45 years or older. Should this health insurance enrollment trend continue, it could throw the figures off the predictions. The health care reform forecasts were based on a much larger participation from individuals in…

Federal health insurance exchange enrollment tally passes 1.1 million

December 31, 2013December 30, 2013 Julie Campbell

A massive surge of signups in December and the improved website have brought the marketplace’s numbers up. When the federal health insurance exchange finally got its website up and running smoothly at the end of November, it opened the door for Americans to finally be able to sign up for the plans that they needed in order to comply with the individual mandate of the Affordable Care Act, and the people came in droves to do just that. The Obama Administration has revealed that the site has now enrolled 1.1…

Healthcare law loophole opened by President Obama

December 23, 2013December 21, 2013 Julie Campbell

The hardship exemption is designed to put a delay in place for tax penalties for lack of coverage. At the very last minute, the Obama administration has announced that it would be opening up a loophole to the healthcare law that will provide some Americans with an exemption to tax penalties for lack of health insurance coverage if they had previously had a plan which was then cancelled because it did not meet the minimum benefit requirements of the Affordable Care Act. The opposition has taken the opportunity to state…