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…
Read MoreTag: health insurance news
Health insurance could cause a shutdown of the federal government
Health insurance remains a divisive issue Complete enactment of the Affordable Care Act looms in the U.S., but the controversy surrounding the federal law has yet to dissipate. Since the law was passed in 2010, politicians throughout the country have been working to repeal it. Those opposing the law typically align with the Republican Party and have expressed concerns that the federal law will make the cost of health insurance and medical care skyrocket. The issue has become so problematic that it has threatened to shut down the federal government…
Read MoreNew health insurance company aims to revolutionize health care in New York
Newly formed health insurance company will debut with New York’s insurance exchange A new health insurance company is set to make its debut when New York’s insurance exchange, called New York State of Health, begins open enrollment on October 1. The company is called, simply, Oscar, and aims to take a new approach on how coverage is offered to consumers throughout the state. The company was founded by Josh Kushner, Kevis Nazemi, and Mario Schlosser, all of whom have participated in entrepreneurial ventures in the technology industry. Company aims to…
Read MoreHealth insurance exchange considered too complex in Louisiana
Commissioner Donelon criticized state’s health insurance exchange Health insurance exchanges throughout the U.S. will begin open enrollment next week, but that does not mean that the controversy surrounding these exchanges will be put to rest, at least not in Louisiana. The state’s Insurance Commissioner, Jim Donelon, claims that consumers will not be able to access enough information to make adequate decisions concerning their health insurance coverage. The Commissioner suggests that the exchanges are designed to be too complex, which could create extreme confusion among those looking to purchase coverage from…
Read MoreIowa may have lowest health insurance rates in the US
State releases data concerning health insurance exchange The Iowa Insurance Division recently released data concerning the state’s health insurance exchange, suggesting that the state may be home to some of the lowest insurance premiums in the country. Iowa already boasts of relatively low premiums when compared to its neighbor states, but insurance regulators believe that the state’s exchange could offer even lower rates to many people. As in other states throughout the country, the Iowa health insurance exchange is set to begin open enrollment on October 1, giving thousands a…
Read More