Obama administration announces delay to health insurance provision

U.S. Health Insurance
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Health insurance provision for large businesses delayed A major development has emerged in the U.S. concerning the Affordable Care Act. The federal law has been a major source of controversy since its passage in 2010, but the law’s various provisions have yet to be dismantled by any challenger. Thus far, the Obama administration has been the only party capable of introducing any significant changes to the federal law, many of which have been funneled through the Department of Health and Human Services. This week, however, the Obama administration announced a…

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Health insurance rates will rise for some in Massachusetts

Massachusetts Health Insurance

The cost of the coverage will be rising by an estimated 2.5 percent, on average, this summer. Policies that are purchased or renewed by individuals and small businesses, as of July 1, in Massachusetts, will be facing an increase in their health insurance rates at an average of 2.5 percent. This is a lower increase than the rate hike that was seen for the policies renewing in the current quarter. The increase that was experienced by health insurance policyholders who renewed or purchased during the current quarter had been an…

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Wal-Mart looks into private health insurance exchange

Walmart Health Insurance

Wal-Mart begins seeking alternative health insurance solutions Health care overhaul seems to be an unstoppable force in the U.S., and that has put many parties, such as employers, in a somewhat difficult position. As part of the Affordable Care Act, states are being required to host health insurance exchanges. One of the problems concerning these exchanges is that they are designed with consumers in mind, not businesses. Thus, a public exchange system may not be viable for large companies that provide their employees with health insurance benefits. Wal-Mart is among…

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Snyder reveals his healthcare plan to send Obama’s reforms to a non-profit

Governor Rick Snyder (Michigan) has unveiled his plans for implementing one of the primary healthcare reforms from the Obama administration – the statewide affordable health insurance marketplace for consumers – by proposing legislation that would turn the task over to a non-profit organization. Snyder made the announcement in his first major speech about healthcare, in which he made a call for the forming of the MIHealth Marketplace. This would be a non-profit group that would supervise the sale of health insurance to small businesses struggling to be able to offer…

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