Live Insurance News

Health insurance premiums set to grow in Tennessee

February 3, 2016February 2, 2016 Marc

BlueCross Blue Shield intends to raise rates for 2017 coverage BlueCross BlueShield of Tennessee is preparing to request for additional rate hikes in the coming months. The company is the largest health insurance provider in the state and is looking to raise premiums in an effort to overcome financial losses. The insurer has estimated that it will have lost $150 million by providing insurance policies through exchange marketplaces. Exchanges were designed to make coverage more accessible, something which they managed to accomplish quite well. Insurers are fighting financial losses by…

Alaska health insurance regulators hope to assuage fears following Moda’s exit

February 2, 2016January 31, 2016 Julie Campbell

These officials are working with lawmakers, the governor’s office and others to draw a new insurer. Regulators for the Alaska health insurance industry have said that they will be working with the congressional delegation in the state, in addition to the state’s lawmakers and the governor’s office. Their goal is to make sure health insurance companies see the appeal of returning to the state. This action from the Alaska health insurance regulators has arrived on the heels of an announcement that Moda Health Plan has been suspended from being able…

Texas health insurance exchange continues to build enrollees

January 5, 2016January 3, 2016 H. Cutner

In the second last week of December, the number of people who signed up in the state rose by 56,000. Texans have recently started to flock to the Texas health insurance exchange and have been signing up for plans that will allow them to comply with the Affordable Care Act’s individual mandate, raising the numbers by a massive 56,000 people within the second last week of December alone. The total number of people who have enrolled in the state has reached just short of 1.1 million. These figures were released…

Tennessee health insurance enrollments have broken records

December 17, 2015December 16, 2015 Julie Campbell

Many residents of the state are finding it easier and more convenient to enroll, regardless of their opinion of their plans. Residents of Tennessee have enrolled in the health insurance exchange in the state in record numbers, in order to comply with the requirements of the Affordable Care Act and in order to have done so by the first open enrollment deadline, which was on Tuesday. By December 5, there had already been 88,007 people in Tennessee who had signed up for health plans. Comparatively, by December 15, 2014 –…

Connecticut officials are warning consumers of health insurance scams

December 15, 2015December 12, 2015 Logan B.

Insurance Department tells consumers to beware of phone scams The Connecticut Insurance Department is warning consumers to beware of phone scams from those claiming to represent health insurance organizations. These scams have become fairly common during the open enrollment season for insurance exchanges. During these times, many consumers are either looking for new policies or to renew their current health insurance policies that they acquired through exchanges. These consumers are being targeted by scams that seek to profit during the open enrollment period. Phone scams are seeking to exploit consumers…