Live Insurance News

Health insurance exchange site failure warnings made in March

November 20, 2013November 19, 2013 H. Cutner

health insurance website problem security alert computer

Consultants hired for the website cautioned federal officials about the site’s weaknesses early in the year. Documents that were recently released by congressional Republicans have revealed that the White House and the U.S. Department of Health and Human Services received notification from the consultants hired by the federal government that the health insurance exchange website was at risk of failure. These warning notices were received by the federal government as early as March, this year. The warnings were made by McKinsey & Co., consultants that the federal government had hired.…

Insurance news made as D.C. replaces its ousted commissioner

November 19, 2013November 18, 2013 H. Cutner

After the sudden firing of the official in the District of Columbia, a new acting commissioner has been named. Following the surprising insurance news that occurred when William P. White, the previous commissioner in Washington D.C., was ousted, a new acting commissioner has now been named. This naming has occurred only days after the firing of the previous official. White was removed from his position the day after President Obama made his announcement of the fix that was going to be put into place for the problem regarding the cancelled…

Health insurance fix for cancelled plans announced by President Obama

November 15, 2013November 14, 2013 H. Cutner

President Obama health insurance Obamacare

In a televised speech, insurers were allowed to offer their current plans for an additional year. President Obama has now announced a fix for the widespread problems regarding cancelled health insurance plans, as the date for the full implementation of the healthcare reforms draws ever closer. This gives the insurers the chance to maintain their current plans for a year, even if they don’t comply with the law. The fix was announced by the president in order to help to stop the tremendous trend that health insurance companies have started…

Health insurance policy losses lead to Obama apology

November 11, 2013November 9, 2013 G. Turner

The president stated that “I’m sorry” that Americans are losing their coverage. Despite reported claims that the president made, promising that Americans would not be losing their existing health insurance plans under the new healthcare reforms, many have indeed lost their coverage, leading Obama to apologize for this occurrence. Though he did not apologize for having made the promise, he did say that he was sorry that this is occurring. The president spoke on the subject, saying that “I am sorry that they are finding themselves in this situation based…

Healthcare reforms website to be repaired by private contractor

October 29, 2013October 26, 2013 Julie Campbell

Federal Health Insurance Exchange website problems

HealthCare.gov has a brighter future ahead and will be working by the end of November. The HealthCare.gov website – a central element of the healthcare reforms – is expected to be up and running at full steam before the end of next month now that Quality Software Systems, a private contractor, has been hired to operate the site. The site has been hounded by problems since the day that it launched at the start of this month. To help to rescue the struggling heart of the healthcare reforms – the…

Healthcare reforms with greatest simplicity proving most successful

October 25, 2013October 22, 2013 Julie Campbell

The states that began at the smallest levels for their exchanges are the ones winning the most so far. The federal healthcare reforms may have been experiencing a lot of hiccups over the last three weeks in getting the health insurance exchanges off the ground, but what has been discovered is that among all of these online marketplaces, it is those that have started small that appear to be running the most smoothly out of the gate. With every passing day, the sites are doing a little bit better as…

Health insurance exchanges too popular for their own good

October 14, 2013October 12, 2013 Julie Campbell

The marketplace websites were not expected to be used as heavily as they have been from the start, causing a rocky beginning. Following extensive surveys and studies that indicated that the majority of Americans hadn’t even heard of the health insurance exchanges, it wasn’t entirely expected that they would arrive by the millions on these various state marketplace websites to enroll and shop for the coverage that they will require in order to comply with the Patient Protection and Affordable Care Act. Though these millions of people are keen to…