Live Insurance News

Health insurance exchange from New Mexico is on its way

January 11, 2013April 30, 2013

The state’s Republican Governor, Susana Martinez has spearheaded the online marketplace. New Mexico, like all other states in the country, will have a new health insurance exchange in place before the end of the year, and within that particular state, the governor has spearheaded the initiative to ensure that consumers will be able to access the marketplace within the next 10 months. These online marketplaces are at the very heart of the federal healthcare reforms from President Obama. The goal of both the federal healthcare reforms and of the design…

International insurance news from China shows rural medical coverage boost

January 8, 2013January 8, 2013 H. Cutner

Health plans for residents of areas outside of urban and suburban zones will receive larger government subsidies. On Monday, China made international insurance news with its latest announcement from the health minister of the country, Chen Zhu, which stated that the government of the nation would be increasing the subsidies that it provides to the medical coverage available to rural residents in 2013. The annual subsidy will be increased by an average of 40 yuan per person. The government subsidy that will now be available to rural residents in this…

Health insurance decisions will need to be made by businesses

January 3, 2013January 3, 2013 H. Cutner

There is now less than a year for companies to decide on the employee benefit options they wish to provide. With New Year’s Day behind us, there is now less than one year before the heart of the healthcare reforms go into effect, causing companies to need to take a serious look at the health insurance benefits that they intend to offer once January 1, 2014 comes around. The overhaul to the system and the coverage laws will reshape the way American employers offer benefits. After the healthcare reforms go…

Affordable Care Act continues to generate controversy

December 31, 2012October 11, 2013 Marc

Affordable Care Act again draws attention from Supreme Court due to contraception provision Through the Affordable Care Act has been upheld by the U.S. Supreme Court, the drama surrounding the federal health care reform tax penalty has yet to dissipate. Several states still stand in opposition to the Affordable Care Act, despite the ruling of the Supreme Court, which is creating significant tension in Congress. Now, the Supreme Court has returned to the controversy surrounding the Affordable Care Act with a new ruling on one of the law’s key provisions.…

Health insurance consumers face confusion over mental illness coverage

December 27, 2012April 30, 2013

Many people are struggling to understand what type of protection they have against mental conditions. Health insurance has been a prime news topic over the last while, as the changes to the Affordable Care Act are implemented, but what many people are still struggling to discover is how they are covered against mental illness. Standard policies will soon provide more protection against that type of condition. However, while it is truly helpful to have a policy that will provide mental illness coverage, all too many practitioners are not accepting that…

Arizona rejects health insurance exchange plans

December 4, 2012November 30, 2012 Dan

Arizona Governor Jan Brewer shuts down exchange efforts Arizona lawmakers have been wrestling with the concept of a health insurance exchange for some time. The state must host an exchange program per the Affordable Care Act, but legislators have been uncertain whether the state should build and operate the exchange itself or leave that burden to the federal government. Governor Jan Brewer has announced that the issue has been settled this week, declaring that Arizona will not be building and operating its own health insurance exchange. Exchanges billed as way…

Health insurance policy changes at Walmart deny coverage to some new employees

December 4, 2012April 30, 2013

This sends the burden of coverage for some workers to the new healthcare system and to Medicaid. The latest updates to Walmart’s company policy have revealed that the largest employer in the United States, Walmart, will not be providing health insurance to its new hires when they will be employed for a workweek that is shorter than 30 hours. The new policy will also allow coverage to be denied to current workers if their weekly hours fall. Employees whose hours drop below the 30 hours per week mark may also…