Live Insurance News

Health care costs for employees are 130 percent higher than 10 years ago

November 16, 2015November 15, 2015 G. Turner

Health insurance for small business health care costs

Workers are seeing tremendously higher expenses for their insurance plans when compared to a decade ago. According to a recent data analysis that was conducted by Aon Hewitt, employees working for large and medium sized companies in 2015 were paying an average annual $4,700 in health care costs for their plans. Comparatively, back in 2005, the amount being paid by employees with these health plans was $2,001. Mike Morrow, the senior vice president of Aon Hewitt explained that companies are currently looking for ways to help to keep their costs…

Vermont businesses continue to face challenges when it comes to health insurance

November 16, 2015November 15, 2015 S.Vagus

Small businesses continue to experience frustration with state’s insurance system Businesses in Vermont have been having some issues with health insurance for the past few years. Vermont is the only state where businesses with 50 or fewer employees must purchase health insurance plans through a specially designed exchange marketplace. The marketplace is meant to serve as an effective and efficient way businesses can provide their employees with insurance coverage, but it has been quite dysfunctional for small companies. A new insurance exchange system could be a costly issue for the…

California health insurance exchange marketing takes off on bus tour

November 6, 2015November 4, 2015 Julie Campbell

Officials have been using this new method to help to promote the marketplace across the state. On Sunday, the head of the California health insurance exchange boarded a bus in order to tour Los Angeles and spread the word about the benefits that residents of the state can enjoy through the Affordable Care Act. Many people in California have yet to take part in the health care law’s requirements. A large proportion of the people who have not yet been participating in the California health insurance exchange are in the…

Number of health insurance policies available through HealthCare.gov is falling

November 4, 2015November 3, 2015 Marc

obamacare health insurance agent business

Fewer policies will be available through the federal health insurance gateway Those seeking out health insurance coverage through the HealthCare.gov site may find that fewer policies are available to them this year. HealthCare.gov, the federal insurance exchange gateway, will begin offering services in November, with consumers being able to enroll for coverage and find policies that they are interested in. The federal government has been working to improve the site for some time in order to ensure that consumers will be able to find the coverage that they need. Average…

Idaho makes changes to its health insurance exchange

November 2, 2015November 1, 2015 S.Vagus

State health insurance exchange has been improved to better serve consumers The Idaho health insurance exchange, called Your Health Idaho, is expected to be prepared for business on November 1, when the next open enrollment period begins. The state has been working to reprogram the infrastructure of the exchange, introducing various tweaks and new features that are expected to improve the exchange shopping experience. The exchange has been working to test the changes that have been made for several months in order to ensure that the insurance exchange will be…

Health insurance premiums are on the rise for policies sold through federal exchanges

October 30, 2015October 28, 2015 S.Vagus

HHS releases information showing premiums are growing throughout the country Premiums for several popular health insurance plans sold through HealthCare.gov will be going up in 2016. The Department of Health and Human Services has released a “snapshot” of the plans that will be available through the federal exchange gateway, showing that rates are on the rise. On average, rates for the exchange’s most popular plans will be going up by 7.5%, though premiums for some plans will be going up by a larger margin. Some states will see more modest…

Poll shows health insurance industry tactics causes healthcare struggles

October 29, 2015October 28, 2015 Julie Campbell

The research has shown that delays and compromised medical care are resulting from common strategies. According to the results of a poll conducted by the largest advocacy group for emergency physicians in the United States, recent tactics being used by the health insurance industry are causing patients to have to give up on necessary medical care. The poll involved the participation of 1,433 physicians and was conducted by the American College of Emergency Physicians (ACEP). The survey was conducted throughout September 2015 and this nationwide poll’s results revealed that 70…