health insurance marketplace Archives

Health insurance companies can’t use AI for Medicare

February 23, 2024February 22, 2024 Logan B.

Newly released federal guidelines say that artificial intelligence can’t make all the choices. The Centers for Medicare and Medicaid Services (CMS) have released new guidance for health insurance companies to protect Medicare Advantage (MA) against bias from artificial intelligence (AI). The CMS is the federal agency overseeing Medicaid, Medicare and other programs CMS oversees the Children’s Health Insurance Program (CHIP), the Health Insurance Marketplace, Medicare and Medicaid. It recently issued a policy memo to insurers in which it banned them from using algorithmic systems or AI exclusively to decide on…

Health insurance exchanges have at least one offering in every U.S. county

August 29, 2017August 26, 2017 Marc

The Affordable Care Act was previously threatened by possible bare patches in plan availability. Earlier in 2017, it appeared as though the health insurance exchanges in several states would suffer bare counties in the 2018 open enrollment period. That said, the situation has turned around and every county continues to have a minimum of one option available. Though President Trump had claimed that the insurance marketplaces were failing, they appear to be healing. President Trump had been pointing to the problem of counties without plans available through the health insurance…

Will health insurance exchanges crumble under Obamacare repeal?

January 9, 2017January 6, 2017 Logan B.

According to a number of industry experts and analysts, the marketplaces may just survive. In under a handful of days into the start of 2017, the Republicans made it clear that the repeal of the Affordable Care Act and its health insurance exchanges would be among the first moves of the year. Some predictions have stated that health insurance companies will start withdrawing from the marketplaces. The concern is that the instability brought by the Affordable Care Act repeal could make the health insurance exchanges too much of a risk…

Health insurance exchange enrollment is nowhere near predictions

August 31, 2016August 29, 2016 H. Cutner

In fact, current statistics show that participation is less than half of what it was expected to be by now. Health insurance exchange enrollment is currently less than half of initial predictions. The lack of participation in the health care law as predicted has caused these marketplaces to undergo a considerable shift. Several major insurers have stopped selling their health plans due to the expense associated with them. Recent Kaiser Family Foundation forecasts indicate that consumers will have far less choice next year. Health reform analyst from the Kaiser Family…

Health insurance cost is leading concern for consumers

August 17, 2016August 15, 2016 Logan B.

Choice is not as high up on the importance list when it comes to health plan shoppers. A federal analysis revealed the top concern as health insurance cost among consumers shopping for coverage. Millions of people purchase their health plans on the insurance exchanges in order to comply with the Affordable Care Act. Their top goal when buying health insurance is to be able to save money on the plan they purchase. Several different factors were taken into consideration when examining the issues that mean the most to consumers. Health…

Federal health insurance exchanges break previous enrollment records

December 21, 2015December 20, 2015 G. Turner

According to President Obama’s recent announcement, the marketplaces have seen 6 million applications. At the close of last week, President Obama announced that there had already been almost 6 million enrollments in the federal health exchanges in order to purchase coverage through health plans that would be effective in 2016. Officials from the Obama administration believe that this trend is a true indicator of the success of the Affordable Care Act. Analysts had expressed some worry over increased deductibles and premiums. They were concerned that this might present a barrier…

The health insurance deadline for enrollment extended through MNsure

December 18, 2015December 16, 2015 Julie Campbell

Minnesota Health Insurance Trump Administration Lawsuit

Consumers in Minnesota will now have until December 28 to purchase the coverage they need for next year. The health insurance deadline for purchasing coverage through MNsure and insurers in Minnesota has now been extended in order to allow consumers a longer open enrollment period in which to purchase plans that will become effective as of 2016. Shoppers who have waited until the last moment can now buy a policy as late as December 28. The announcement from both MNsure and the insurers for the health insurance deadline has meant…