Health insurance regulators are combating a tide of fraud Health insurance exchanges throughout the U.S. have proven popular with consumers, but many people may be at risk of falling victim to fraud and misleading tactics by those that seek financial gain. The New Hampshire Insurance Department has sent a cease and desist letter to an insurance brokerage based in Arizona this week. The company is being accused of misleading New Hampshire residents into thinking that it represented the state’s health insurance exchange. The company’s website has since been taken down,…
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Health insurance may not be popular among the young and healthy
Young people may not be interested in health insurance Health insurance will become mandatory by federal law in the U.S. beginning on January 1, 2014, per the Affordable Care Act. Despite the law’s requirement, however, many young people throughout the country are expected to forgo purchasing health insurance coverage simply because they do not need it. Healthy consumers have little use for health insurance as they consider it to be an unnecessary expense. The problem, however, is that these young people may be losing access to federal subsidies if they…
Read MoreInsurance news is made by top celebrities backing Obamacare
Huge names from Lady Gaga to Olivia Wilde are Tweeting to Americans to use the health insurance exchanges. Some of the top celebrities in the country are making insurance news headlines by showing their support over Twitter to encourage people to enroll in the online marketplaces at the center of the healthcare reforms. More notables include Amy Poehler and Pharell, who are urging people to join and spread the word. The healthcare reforms weren’t without their own insurance news headlines, last week, as they got off to a rough start.…
Read MoreHealth insurance scams may emerge as exchange pick up momentum
Consumers warned to be cautious of health insurance scams Health insurance exchanges have officially launched throughout the U.S. as part of the Affordable Care Act. The exchanges are meant to provide people throughout the country with access to affordable health insurance plans. So far, these exchanges have been quite popular, with consumers flocking to the virtual marketplaces to find policies. In New York’s exchange, more than 10 million people attempted to purchase coverage through the state’s exchange on its first day. While these health insurance exchanges seem popular with consumers,…
Read MoreHealthcare reforms supported by a topless Nina Dobrev
The actress known for her role in “Vampire Diaries” is attracting a lot of attention for the health insurance exchanges. Nina Dobrev has joined many other celebrities who have been tweeting in order to encourage people to learn more about the healthcare reforms and to take part in the health insurance exchanges where they can purchase their plans under the Affordable Care Act, but she has taken a rather unique tack to make sure that people are paying attention. The actress tweeted “#GetCovered, Because w/o it, you’re naked” and posted…
Read MoreHealth insurance exchange launch day was a rough one, to say the least
The opening day for the online marketplaces faced tremendous struggles with a closed government and web traffic jams. What was meant to be a smooth transition into the next phase of the healthcare reforms was a constant battle for the health insurance exchanges which went on to open despite the shutdown of the U.S. government, only to face technical glitches preventing access to many of those who wanted to take part. Web traffic snarls and glitches in websites stopped many Americans from using the exchanges on the first day. The…
Read MoreHealth insurance exchanges open their doors today despite gov. shutdown!
After all of the controversy and planning for the central element of the Affordable Care Act, the day has arrived. Following considerable controversy and attempts to put a stop to the healthcare reforms, the most public-facing portion of the Patient Protection and Affordable Care Act, President Obama’s crown jewel, has now arrived for Americans in the form of health insurance exchanges that are opening their doors for enrollment in every state across the country. Regardless of the government shutdown, Obama has announced that millions of Americans can begin shopping for…
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