Pennsylvania’s Department of Insurance is urging lawmakers to pass laws concerning the building of a health insurance exchange. The department has begun noting the benefits of such a program, claiming that it will help residents find affordable coverage and help bring more competition to the state’s insurance market. The advocacy from the department comes at the end of a lengthy study conducted by regulators and state legislators concerning the benefits of an exchange program. Insurance Commissioner Michael Consedine, backed by Governor Tom Chorbett, made use of a $1 million government…
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President Obama`s healthcare law and the Supreme Court
The United States and the healthcare industry were shaken up with the federal statute entitled the Patient Protection and Affordable Care Act. Before it was passed, during the discussions and voting and even today, there is much debate on whether or not this statute is unconstitutional. While there have been numerous cases going through the appellate courts in different areas of the country, the findings are typically mixed. The Supreme Court has the ability to pick and choose the cases it takes on. In March of 2012, there are over…
Read MoreWyoming looks to build its own health insurance exchange
Wyoming has taken its first tentative steps in building its own health insurance exchange. The state has launched the Wyoming Health Benefits Exchange Steering Committee. The members of the committee are tasked to examine the benefits and failings of an exchange program and determine how the state can successfully implement such system. While the federal health care law is shrouded in uncertainty as it awaits a constitutionality ruling from the Supreme Court, Wyoming legislators are not willing to spend more time speculating on the exchange. According to federal law, each…
Read MoreAmerican Medical Association seeks open market-style health insurance exchanges
The American Medical Association has started to apply pressure to the states in order to send the system in a direction that would permit all health insurance companies of meeting the minimum standards to take part in the insurance exchanges that will be created by 2014 as a part of the healthcare overhaul. This significant doctors organization has announced that it will be putting its full support behind the health insurance exchange structure that allows for an open marketplace instead of the “active purchaser” style alternative. That latter technique would…
Read MoreHealth insurance regulation receives growing support
Though the public still continues to debate over the benefits of the new mandate that will require all Americans to have health insurance, a new CNN/ORC International Poll has suggested that the support for this central element to the 2010 healthcare reform legislation has been increasing since June 2011. The results of this survey were released just as the Supreme Court has taken on the decision of whether or not the massive healthcare system changes by President Barack Obama, which was passed by a Democratic Congress, is indeed constitutional. It…
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