Live Insurance News

Health insurance exchanges could have had serious security issues in the past

March 3, 2014March 1, 2014 S.Vagus

New information shows that exchanges were developed hastily by the federal government Health insurance exchanges in the U.S. could have been plagued by serious security issues as they were being formed, according to information from the House Oversight and Government Reform Committee. Several states had opted to allow the federal government to develop insurance exchanges rather than building these exchanges themselves. Because the federal government faced a serious deadline concerning getting these exchanges up and running. As such, the government may have left some aspects of the exchange network vulnerable.…

Health insurance exchange contractor gets the axe in Maryland

February 28, 2014February 25, 2014 G. Turner

The company behind the hugely costly but highly defective online marketplace has been fired. The state of Maryland has now fired the contractor that was behind the creation of the expensive health insurance exchange online marketplace that was supposed to allow the state to be able to comply with the federal health care reform. The defects in the site are extensive enough that Maryland may have to abandon part or all of the system. Despite the fact that the health insurance exchange creation came with a tremendous price tag, it…

Health insurance cancellation letters return: are you next?

February 27, 2014February 24, 2014 Julie Campbell

A new wave of letters are expected to be issued soon as plans fail to comply with the health care reform. Last year’s massive wave of letters that swept the country to inform previously covered Americans that their health insurance plans were being cancelled is about to be seen again. The question doesn’t appear to be whether or not this will happen, but how many will be affected. While some have predicted that the final tally could be rather low, others have said that there could be up to 20…

Health care reform enrollment goal reached in Maryland, after all

February 27, 2014February 24, 2014 H. Cutner

A research error had made the success of the state’s exchange look unlikely until it was finally identified. Since the start of the implementation of the health care reform in Maryland, it has looked like the state would only just barely meet its enrollment goals – if it would actually reach them at all. However, recent reports have shown that the first goal that was set was actually based on inaccurate data. As it turns out, since the data upon which the original health care reform enrollment goal was established,…

Maine legislators set sights on health insurance issues

February 26, 2014February 24, 2014 S.Vagus

Network coverage problems attract the attention of state lawmakers Maine lawmakers are beginning to look into an issue involving insurance companies and network coverage. Insurers typically have a network of hospitals and health care providers that are approved for coverage under the policies they provide to consumers. This is meant to form a symbiotic relationship between insurers and hospitals, but it can also be somewhat problematic for consumers, especially when network changes are made and the doctors they have been visiting for years are no longer a part of a…