Live Insurance News

Grad students in Missouri are losing their health insurance subsidies

August 20, 2015August 19, 2015 Marc

Grad students are suffering under some provisions of the Affordable Care Act Grad students from the University of Missouri have lost the health insurance subsidies that they received through the Affordable Care Act. According to the university, grad students are considered by the Internal Revenue Service, which manages federal subsidies for insurance coverage, to be “employees.” As such, many of them are not eligible to receive subsidies from the government. Grad students that have lost access to subsidies may not be able to afford the insurance coverage that they currently…

Health insurance subsidies upheld by Supreme Court

June 30, 2015June 27, 2015 S.Vagus

Supreme Court rules in favor of insurance subsidies through all exchanges The U.S. Supreme Court has issued a ruling on the King v. Burwell case. The case involved certain aspects of the Affordable Care Act that provided subsidies for health insurance exchanges throughout the country. In these exchanges, consumers can find various types of coverage at different price ranges, but most people receive subsidies that offset the cost of this coverage. The case involved whether or not the federal government can provide subsidies in states where in manages an exchange,…

Millions of Americans will keep their health plans subsidies

June 29, 2015June 27, 2015 Julie Campbell

Obama between two ferns health insurance

A new court ruling has meant that consumers across the United States will keep affordable insurance coverage. Consumers across the U.S. who had been struggling to be able to afford their health plans will now be able to sigh a breath of relief as a court has ruled that the federal subsidies will be maintained in the states that do not have their own insurance exchanges. Many were watching the ruling of the U.S. Supreme Court with regards to the health care reform subsidies. The decision made by the top…

States to play larger role in health insurance exchanges

June 18, 2015June 17, 2015 Nordstrom

Pennsylvania, Delaware, and Arkansas will have more control over their exchanges Three states have been granted conditional approval from the federal government to play a larger role in the health insurance exchanges that they established through the Affordable Care Act. Arkansas, Delaware, and Pennsylvania will expand their role in their insurance exchanges beginning in 2016. Currently, the federal government operates the exchanges in these states. Some of the exchange’s functions are managed by the states themselves, but the majority of operations are handled by the federal government through HealthCare.gov and…

Health insurance exchanges may be at risk in some states

May 21, 2015May 20, 2015 Marc

Supreme Court ruling could have a major impact on health insurance coverage Lawmakers in several states are working on ways to ensure that people will keep their health insurance pending a ruling from the U.S. Supreme Court. The court is expected to deliver a ruling on whether or not the federal government can provide subsidies for coverage offered through federal insurance exchanges. The ruling is likely to be delivered in the summer, and it could have a major impact on the availability of insurance coverage for millions of people. Michigan…