Live Insurance News

Health insurance marketplace to provide coverage to almost 81,000 N. Pennsylvanians

April 1, 2013March 29, 2013 G. Turner

Many residents in the northeast of the state will be able to take advantage of the assistance it provides. As of a newly released report, it has been estimated that almost 81,000 people in Northeast Pennsylvania will be eligible for purchasing health insurance that is subsidized by the government when the marketplace opens up in the state for coverage next year. The report gave details of exactly who will receive this eligibility in the state when the exchange opens. The name of the report is “Help is at Hand: New…

Health insurance subsidized by employers is becoming steady

February 25, 2013February 25, 2013 G. Turner

The rate of employees receiving coverage through their employers is starting to even out. According to the results of a survey that were released on Friday, less than half of American adults were taking part in a health insurance plan through their employers last year. The survey showed that the market is now indicating that it is stabilizing after a period of solid decline. Though workers haven’t reached the point where even half of them are able to receive their health insurance coverage through their employers, after three solid years…

Health insurance rates to soar in the US

February 18, 2013February 17, 2013 Dan

Humana CEO predicts higher health insurance rates for consumers Throughout the U.S., health insurance companies are issuing calls for consumers and businesses to prepare to pay higher rates for their coverage. Humana, one of the country’s leading health insurance companies, is the latest of these companies to become outspoken about the issue. According to Humana CEO Bruce Broussard, the implementation of the controversial Affordable Care Act will be a “bumpy road” for many and that consumers are the most likely to feel the effects that the health care law will…

Health insurance options limited for thousands of North Carolina residents

February 16, 2013April 30, 2013

A new bill in the state would leave many without choices when shopping for their medical coverage. Thousands of residents of North Carolina within the lower income brackets are being denied health insurance and, as a result of a measure that passed the House this week, they now have very limited coverage options available to them. This bill was drafted by the Republicans in the state with the purpose of helping to control costs. It is currently estimated that there are approximately 1.5 million people in North Carolina who do…

Signs emerge of the growing cost of health insurance

February 4, 2013April 30, 2013

Health insurance may actually become more expensive There is a new trend emerging in the U.S. health insurance sector that may prove that health insurance rates are expected to increase significantly in the near future. Many health insurance companies in the individual market have stopped offering guarantees for a policyholder’s yearly premiums. Insurers throughout the U.S. have been warning consumers that health insurance rates may be going up as a direct result of the Affordable Care Act. This new trend may be the first glimpse of that warning becoming a…

Health insurance in Tennessee denies 1 in 4 applicants

February 1, 2013April 30, 2013

Insurers in the state are declining applications at a rate of 25 percent, according to recent data. Though there remains nearly a full year before the true health insurance impact of the healthcare reforms goes into effect, a coverage issue has developed in Tennessee, which is affecting one in every four applicants for coverage in the state. Within Tennessee, there is a rate of applications denied by insurers of 25 percent. Recent data from the coverage research firm Health Pocket, has identified this trend by health insurance companies to deny…

Health insurance to be offered to Costco members by Aetna

January 29, 2013January 28, 2013 H. Cutner

The insurer has now unveiled a new program for individual coverage in California. Aetna has just announced the unveiling of a new health insurance program in California through which they will be offering individual plans to members of Costco. This program is geared toward meeting the needs of Costco members in an affordable way. The coverage is called the Costco Personal Health Insurance program. It includes five different types of plans, which are broad major medical benefits, a number of assistance services, a large provider and hospital network, dental options,…