Live Insurance News

Sam’s Club to launch its own health insurance exchange

October 29, 2014October 27, 2014 S.Vagus

Retailer has announced plans to launch a private insurance exchange for small businesses Next month, open enrollment for U.S. health insurance exchanges will begin, granting consumers throughout the country new access to relatively inexpensive, yet comprehensive policies once again. Sam’s Club, a prominent retailer in the U.S., has announced that it is entering into the insurance market by launching its own exchange. The company’s exchange will have a focus on small businesses, which accounts for the majority of the retailer’s market. Through the private exchange, small business owners may be…

Health insurance mid-year financial checkups on their way

July 24, 2014July 21, 2014 H. Cutner

Individuals who purchased their plans from the official exchanges might want to look into their tax credits. Among the primary draws of purchasing health insurance through the state and federal exchanges was the opportunity to take advantage of the premium tax credit, but it is important for consumers to make sure that they continue to qualify for this advantage. Eligibility criteria could have changed since the time at which the health plan was first purchased. The health insurance tax credit was put into place to make sure that people with…

Health insurance companies in Louisiana seek rate increases for 2015

July 18, 2014July 16, 2014 Logan B.

Insurers are looking to raise rates for their coverage beginning in 2015 Some health insurance providers in Louisiana have submitted rate increase proposals that have raised red flags among the state’s regulators. The rate increases are for policies that will be sold through the state’s exchange in 2015. Consumers will be able to purchase these policies beginning on November 15, when the exchanges latest open enrollment period is scheduled to begin. The rate increase proposals coming from insurers are to be reviewed by the state’s insurance regulators. Blue Cross and…

Health care reform in Massachusetts brings uninsured rate to nearly zero

June 12, 2014June 12, 2014 G. Turner

The latest statistics from the state have revealed that nearly all of its residents now have insurance. Among the latest insurance news headlines to come from Massachusetts is the recent publication of statistics that have shown that following the health care reform, the number of residents in the state who are uninsured has dropped to nearly zero. This is the closest that a state has ever come to making sure that all of its residents have health insurance. Massachusetts already had a bit of a head start when it came…

Health care reform subsidy sizes vary from state to state

May 7, 2014May 5, 2014 H. Cutner

Depending on where people live, they may be receiving greater assistance for purchasing health insurance. Among the main elements of the health care reform is the subsidizing of the purchase of private insurance coverage for many Americans, in order to help to make sure that the coverage remains affordable for these individuals and families. However, all subsidies are not created equal, and people in some states are receiving more of them than others. Approximately 85 percent of the people who used the health care reform exchange websites in order to…