Live Insurance News

New York health insurance exchange hit by technical difficulties

October 8, 2013October 5, 2013 Logan B.

Health insurance exchange website encounters problems New York’s health insurance exchange has begun open enrollment on schedule, but the exchange’s website has been experiencing some technical difficulties. The site is meant to serve as the face for the exchange and functions as the marketplace through which state residents can purchase health insurance policies. The site is quite similar to those that exist in other states, but New York officials have found that there are some glitches that escaped discovery when the site was being tested last month. Site upgraded to…

Health insurance companies express worry over profits

October 7, 2013October 5, 2013 S.Vagus

Health insurance providers predict impact to profits Despite the partial shutdown of the U.S. federal government, the Affordable Care Act will continue to be enacted on schedule. This has created some worry among some health insurance companies and their ability to make a profit. Large companies have warned since 2010 that the federal health care law would cause a spike in health insurance rates due to provisions calling for higher expenditure on administration and requirements for insurers to spend the majority of the money they collect through premiums on improving…

Health insurance navigators may get more training in Texas

October 4, 2013October 1, 2013 S.Vagus

Texas could require health insurance navigators to receive an additional 40 hours of training Health insurance navigators in Texas may be required to complete 40 hours of training over the extensive instruction they receive from the federal government. Governor Rick Perry has ordered the state’s Department of Insurance to ensure that navigators receive a minimum of 40 hours of training in order to better serve Texans looking for coverage through the state’s health insurance exchange. Federal health care officials claim, however, that the measure is simply creating more barriers for…

Health insurance exchange launch day was a rough one, to say the least

October 2, 2013October 1, 2013 Julie Campbell

Federal Health Insurance Exchange website problems

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…

Illinois releases information on health insurance exchange

October 1, 2013September 30, 2013 Logan B.

Data released concerning state health insurance exchange Open enrollment for health insurance exchanges throughout the U.S. is about to begin and more states are beginning to release information concerning the policies sold through these exchanges. Illinois is among the latest states to provide new information for its health insurance exchange. The information primarily focuses on the premiums associated with the state’s exchange but also highlights the various services offered by the system and promotes awareness concerning the availability of federal subsidies designed to offset the cost of coverage. Rates to…