Tag: health insurance costs

Health insurance rates expected to jump in California

Nordstrom
Health Insurance Rates California Expected to Rise

Health insurance may soon get more expensive for individuals Californians can expect to see major changes to their state’s health insurance market next year as the Affordable Care Act becomes fully enacted. Covered California, a non-profit, pseudo-government group that will be managing the state’s health insurance exchange, has released a new study concerning the effects the health care law may have on the individual market. The study suggests that prices for health insurance coverage in the individual market are going to experience some volatility in the coming year, with some…

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Study claims health insurance rate shock may be coming

S.Vagus
Health Insurance benefits

Health insurance rates suspected to rise due to federal law Over the past few months, health insurance companies throughout the U.S. have been warning of the impending rate shock that could be spurred by the Affordable Care Act. Rate shock implies rapidly rising health insurance premiums that consumers throughout the country may not be prepared to deal with. While insurers have been warning that rates may spike in the coming year due to the federal health care law, federal legislators have suggested that this will not be the case. A…

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Health insurance exchange in Minnesota moves one step closer to reality

S.Vagus
Minnesota Health Insurance

Lawmakers in Minnesota continue to wrestle with health insurance exchange initiative With the Affordable Care Act looming, lawmakers in Minnesota continue to wrestle with the issue of a state-run health insurance exchange. Those that support the federal health care law argue that it will lead to a dramatic decrease in the costs of health insurance throughout the state, especially if Minnesota decides to operate its own health insurance exchange. Opponents of the law argue that the federal government is overstepping its boundaries. This week, those supporting a state-run health insurance…

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Health insurance through Florida KidCare program receives more attention

Dan
Children’s Health Insurance Program

Sacred Heart raises awareness for KidCare health insurance program Florida’s Sacred Heart Children’s Hospital has launched a new campaign to raise awareness for the Florida KidCare health insurance program. The federally-funded program offers health insurance coverage to those below the age of 19. According to Sacred Heart, the program has seen relatively low usage over the past few years due to consumers thinking that their children are not eligible for the coverage it provides. The organization is keen to see enrollment in the program grow in order to ensure that…

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Health insurance rate shock may be coming to the US

Logan B.
Health Insurance benefits

Health insurance costs spark worry among states Rate shock is becoming a common term in the U.S., especially in the world of insurance news. The term refers to a steep increase in insurance premiums, an increase that policyholders are both unprepared for and unable to accommodate. Rate shock is most often related to the issue of health insurance and the Affordable Care Act. The controversial federal law will take full effect in 2014, and U.S. insurers have been warning that rate shock may be one of the unintended consequences of…

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Health insurance proposal could make coverage more expensive in California

Logan B.
California health Insurance payment

New proposal could make health insurance premiums spike A new proposal facing the California Legislature could split the state into six new financial regions that could have a profound impact on the cost of health insurance throughout the state. While state lawmakers have been working to make insurance coverage more affordable, the proposal may derail these efforts by making coverage considerably more costly for many consumers, according to the state’s Department of Insurance. Insurance Commissioner Dave Jones warns that introducing these new zones could make coverage nearly unattainable for a…

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Health insurance exchange in Connecticut gets some branding

Logan B.
Connecticut health Insurance

Connecticut officially names health insurance exchange Connecticut is one of the few states that is working to build its own health insurance exchange. The state will operate this exchange itself, rather than have that authority fall to the federal government. The exchange is meant to help address many of the health insurance issues that exist in Connecticut, namely people’s access to affordable coverage. This week, state officials announced that the exchange has been given an official name and will now be called Access Health CT. State-run exchange may be better…

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