The marketplace websites were not expected to be used as heavily as they have been from the start, causing a rocky beginning. Following extensive surveys and studies that indicated that the majority of Americans hadn’t even heard of the health insurance exchanges, it wasn’t entirely expected that they would arrive by the millions on these various state marketplace websites to enroll and shop for the coverage that they will require in order to comply with the Patient Protection and Affordable Care Act. Though these millions of people are keen to…
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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 MoreHealth insurance navigators are helping raise awareness of federal law
Navigators are not only focusing on health insurance in the US With health insurance exchanges going active throughout the U.S., the role that navigators play in these systems is beginning to attract more attention. Navigators are meant to help consumers find the best policies available through state-based insurance exchanges. These navigators have no affiliation with insurance companies and can only be hired through non-profit organizations. While navigators have been helping people find insurance policies that suit their needs, many of these navigators are reporting that they are acting more like…
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,…
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