Tag: health insurance marketplace

Health insurance exchange in Connecticut is moving forward

G. Turner
Connecticut health Insurance

The healthcare reforms in the state are now well under way, making it one of the furthest along. Connecticut has been one of the states that is moving forward with its health insurance marketplace at the fastest race, allowing it to take one of the lead positions in preparing to enroll residents in October through the new online exchange. Though the state’s efforts are progressing well, it has learned that there are some challenges with being first. The team at the state’s health insurance exchange – a quasi-public marketplace –…

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Health insurance plans in Kentucky move forward

Logan B.
Kentucky insurance exchange health insurers

Kentucky establishes new agency to manage health insurance exchange While many states throughout the U.S. have decided to abandon their efforts concerning a health insurance exchange, Kentucky is one of the few that has decided to build and operate its own. State officials chose for the state to run its own exchange in the hopes that it will better address some of the health insurance concerns that are specific to Kentucky residents. State officials have now formed the Office of the Kentucky Health Benefits Exchange, a new agency that will…

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Half of US opts out of health insurance exchanges

Logan B.
health insurance market stability

Half the country decides not to run health insurance exchanges The U.S. Department of Health and Human Services has announced that the federal government will officially be operating health insurance exchanges in approximately half the states in the country. These exchanges are part of the Affordable Care Act, the federal health care law that has been very unpopular in some states. These states have shown continued opposition to the federal law, suggesting that it violates people’s constitutional rights and claiming that it will have a catastrophic impact on the nation’s…

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Healthcare reforms in Illinois approved

H. Cutner
Health care Reform Update

Federal officials have given their conditional approval to the health insurance exchange in the state. Illinois has just received the conditional approval from the federal government for the healthcare reforms that it is making in terms of establishing a health insurance marketplace that will open for thousands of residents of the state starting on October 1 in order to allow for the purchase of coverage that will begin on January 1, 2014. This is a major step in the state for its ability to carry out the Affordable Care Act…

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Health insurance exchange may not draw as many employers as hoped

Logan B.
Health Insurance time decision

Businesses are expected to opt out, which could lead the cost to rise for those who are participating. Both state and federal officials, as well as consumer advocates, are now beginning to voice concerns that businesses that have workers that are relatively young and healthy will choose to opt out of the health insurance marketplace. This will be done to help to avoid the minimum standards for coverage as prescribed by the healthcare reforms. Though these businesses may choose to try to avoid this health insurance regulation in order to…

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