Live Insurance News

Health insurance policy losses lead to Obama apology

November 11, 2013November 9, 2013 G. Turner

The president stated that “I’m sorry” that Americans are losing their coverage. Despite reported claims that the president made, promising that Americans would not be losing their existing health insurance plans under the new healthcare reforms, many have indeed lost their coverage, leading Obama to apologize for this occurrence. Though he did not apologize for having made the promise, he did say that he was sorry that this is occurring. The president spoke on the subject, saying that “I am sorry that they are finding themselves in this situation based…

Canceled health insurance policies may be due to the interests of insurers

November 6, 2013November 4, 2013 S.Vagus

Health insurance policies are being canceled throughout the US Controversy concerning the U.S. Affordable Care Act has reached new heights as several individual health insurance plans were canceled in late October and the beginning of November. Many individual policies throughout the U.S. have been canceled due to certain provisions of the Affordable Care Act. These provisions require insurance companies to provide coverage for 10 essential benefits, as outlined by the federal government. Policies that did not meet this standard were cancelled, but policyholders were also given an opportunity to purchase…

Low cost health insurance through aggregation

October 18, 2013April 19, 2014 Guest Author

Finding low cost health insurance doesn’t have to be a major challenge Health insurance in the U.S. is changing and these changes are somewhat dramatic in some cases. With the emergence of exchange programs, people’s access to health insurance coverage has become broader and many have become encouraged by the promise of affordable coverage through such exchange. Low cost health insurance is not only available through state-based exchanges, of course. One of the primary goals of the exchanges is to create competition within the insurance market, forcing private providers to…

Health insurance exchanges too popular for their own good

October 14, 2013October 12, 2013 Julie Campbell

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…

Health insurance rates in Arkansas to remain stable

September 4, 2013September 1, 2013 S.Vagus

Health insurance companies announce plan to keep rates stable Three of Arkansas’ largest health insurance companies have announced that they will keep rates for individual policyholders steady through the first year of the Affordable Care Act. The federal health care law has raised many concerns regarding the growing costs of health insurance coverage. Many people believe that the law will cause rates to spike in the individual and group markets and these concerns are often stoked by insurance providers. In many states, however, rates are expected to increase by a…