Live Insurance News

California health insurance exchange off to a strong start

October 15, 2013October 12, 2013 Logan B.

California Health Insurance exchange popularity

Health insurance exchange shows strong results in first week of operation California’s health insurance exchange has been open for over one week and has been showing impressive results. The exchange, called Covered California, was one of the first to take form in the U.S. after the Affordable Care Act was passed in 2010. California has been a strong advocate for the health care law since then, working to aggressively promote the law’s provisions and enact its regulations on the health insurance industry. State officials suggest that the performance of Covered…

Nevada releases estimates for health insurance policies sold through exchange system

September 10, 2013September 7, 2013 Logan B.

Nevada health insurance commissioner State Legislature Building

Division of Insurance releases estimates concerning health insurance rates The Nevada Division of Insurance has released estimates concerning the policy premiums for plans sold through the state’s health insurance exchange, called the Silver State Health Insurance Exchange. The state agency notes that the exchange will begin open enrollment next month and believes that issuing rate estimates will help consumers better understand the financial aspects of policies sold through the exchange and prepare themselves accordingly. Policies sold through the exchange will become active on January 1, 2014. Estimates account for individual…

Health insurance reaches almost 1.3 billion in China

July 23, 2013July 20, 2013 G. Turner

At the same time, however, there are still many Chinese poor who are neglected by the healthcare system. China has been making considerable reforms to its health insurance system and has now reached the point that about 95 percent of its population – approximately 1.3 billion citizens – have coverage with some kind of plan. This, according to the latest figures that have been released by the Chinese government. This level of health insurance coverage throughout the population represents a considerable amount of progress. This most populous country on the…

Health insurance coverage available in every Alabama county

July 16, 2013July 15, 2013 G. Turner

The state has announced that it will have plans available through its exchange for all of its regions. Alabama has announced that no counties will be left out of its health insurance exchange, which will be federally operated, because there have been proposed plans put forward by three different companies, two of which are willing to provide coverage to the entire state. This has left Alabama in a better situation than some of the other states located nearby. Both United Healthcare and the largest health insurance provider in the state,…

Health insurance concerns arise regarding young adult adoption

July 8, 2013July 6, 2013 G. Turner

Insurers are concerned that raising costs will stop twenty-somethings from purchasing coverage. When the healthcare overhaul goes into full effect on January 1, 2014, most Americans will be required to purchase health insurance or face a tax penalty, but many young adults who are unemployed or under-employed in the current economy are balking when it comes to buying a plan. Some young adults are already planning to choose the penalty over the coverage, raising concerns. Even after the reforms go into full effect and a $100 penalty will need to…

Health insurance landscape shifts in Montana

July 5, 2013July 3, 2013 Marc

Montana sees major transition in health insurance sector Montana has taken a major step in the field of health insurance. The state’s Insurance Commissioner, Monica Lindeen, has granted her approval for the sale of Blue Cross of Montana, the state’s largest private health insurance provider. Blue Cross of Montana is being sold to the Health Care Service Corp., which is based in Chicago, Illinois. The sale comes with numerous conditions, however, which are meant to benefit state residents to some degree. Sale of Blue Cross of Montana has been approved…

Health insurance exchange campaign from HHS underway

June 28, 2013June 26, 2013 Julie Campbell

Considerable efforts from a new call center to a revamped website have been created to educate people about the changes. The Department of Health and Human Services has now launched a new campaign to help to spread the word about the health insurance exchanges, what they’re about, and how they will be used starting in October when the open enrollment begins. This campaign has been launched to make sure that Americans can easily gain all the information they require. In an effort to help to enroll millions of people through…