Four companies have now expressed their interest in selling policies over the state’s online marketplace. The Arkansas Insurance Department has announced that there are now four health insurance companies that intend to be able to sell their policies over the state’s exchange, which is expected to serve over 500,000 residents. The department said that the insurers submitted their letters by the deadline, which was last Monday. The department explained that the health insurance companies each met the deadline in order to indicate their interest in participating in the Arkansas exchange,…
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Health insurance through state exchanges still not a firm deal for many Americans
Two out of three people still haven’t decided if they will insure themselves under the new law. Even though it is full steam ahead for the Affordable Care Act, many Americans still don’t entirely understand what they need to do in order to comply with it or they simply have not yet decided whether or not they will choose to purchase the health insurance that is needed under the so-called individual mandate. A recent study has indicated that almost two thirds of Americans has not yet made its decision. The…
Read MoreOpt in before Mandatory Health Insurance Hits
With the Affordable Care Act set to be fully implemented in January of 2014 how much thought have you given to how the law will affect you? Starting January 1st Americans will be required to purchase health insurance or pay a tax penalty. Before you get defensive or incited, take a moment to think about your options. The numbers Some people are already saying that they would rather choose to pay the penalty instead of buying health care coverage for themselves. Here’s the skinny on that penalty. For the 2014…
Read MoreHealth insurance exchanges become subject of political attacks
Health insurance exchanges are gaining more attention The Affordable Care Act has been a major point of contention in U.S. politics since 2010. The federal law seeks to make significant changes to health insurance and the country’s health care structure, with a strong focus on making health insurance coverage more available to consumers throughout the country. One of the primary provisions of the federal law tasks states with playing host to health insurance exchange programs. These exchanges are meant to serve as marketplaces where consumers can find the affordable coverage…
Read MoreHealth insurance concerns worsen in Mississippi
Mississippi health insurance exchange is the source of worry for regulators Health insurance continues to be a controversial issue in the U.S. and Mississippi Insurance Commissioner Mike Chaney has begun expressing strong concerns over the Affordable Care Act’s ability to provide affordable coverage to consumers. The Commissioner has begun to voice his doubt as to whether people will actually be able to receive health insurance coverage when they enroll in the state’s health insurance exchange in October of this year. The state is had sought to operate its own exchange…
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