Live Insurance News

Health insurance has become Walmart’s latest market

October 10, 2014October 7, 2014 G. Turner

The retail giant has made its next move to ensure that it will always have a finger in every pie. The largest retailer in the world has now announced that it has intentions to begin working with DirectHealth.com, an agency and internet health insurance comparison website, in order to give its customers the chance to compare various comparison options, and either enroll in plans in the public exchange as created under the Affordable Care Act, or enroll in Medicare plans. This is only the most recent step that Walmart has…

Cancer insurance is helping to plug some coverage holes

September 17, 2014September 15, 2014 G. Turner

This type of voluntary benefits is among a growing number of gap coverage being purchased by Americans. Employers and individuals, alike, are starting to look into a type of coverage product known as volunteer benefits – such as cancer insurance – which can help to fill the gaps present in some of the most popular health plans. These are rising in popularity as people start to see that a number of critical illnesses can still run up huge expenses. While cancer insurance is far from the only product in the…

Health insurance study shows limited networks don’t hurt

September 12, 2014September 11, 2014 Julie Campbell

Research in Massachusetts has revealed that these strategies don’t cause any harm to patients and they save money. Despite the fact that the majority of patients don’t like hearing that they can’t go to a certain hospital or see a certain doctor because of the limited network of coverage provided by their health insurance, this type of plan is becoming increasingly commonplace. These “limited” network plans (also known as “narrow”) are being seen more often than ever before. The reason is that these health insurance policies are typically cheaper for…

Birth control insurance challenge heard by US appeals court

September 11, 2014September 11, 2014 G. Turner

A lawmaker in Missouri is opposed to the coverage and is now fighting it with the Hobby Lobby. Missouri Rep. Paul Wieland (R-Imperial), and his wife, Teresa, are currently battling the regulation for birth control insurance in state sponsored health plans, and is hoping that the recent Hobby Lobby from the U.S. Supreme Court will provide him with what he needs to decrease the rejection of his legal challenge by the court to the mandate from the Affordable Care Act. Arguments were heard early this week by the 8th U.S.…

Health insurance exchange glitches threaten policies for some consumers

September 1, 2014August 31, 2014 G. Turner

Despite the fact that many people have resubmitted their citizenship and immigration information, problems continue. More than 310,000 people across the United States were recently told that they must resubmit their citizenship or immigration documentation to the government by the end of this week in order to prove that they are eligible for the health insurance coverage that they had purchased through the state or federal exchanges, but now they are facing another threat to their protection. The glitches that remain in the Healthcare.gov site are getting in the way…

Thousands may lose their health insurance later this year

August 15, 2014August 13, 2014 Marc

Inconsistent and missing information may lead to a loss of insurance coverage for thousands of people The Obama administration has announced that several thousand people could lose their health insurance coverage due to inconsistent or missing information. This effects only the policies sold through state-based insurance exchanges. These exchanges have served as a marketplace for those looking for affordable insurance coverage. While some exchanges were unable to effectively meet the needs of consumers, many others were able to provide coverage to thousands of people that had no insurance protection before.…

Health insurance companies work to form massive database in California

August 8, 2014August 5, 2014 Marc

State’s largest insurers are planning to store medical information in a single database The medical information of millions of residents in California may soon be contained in a single, massive database. Two of the state’s largest health insurance companies are currently working to create this database and it may help make health care significantly more efficient. Anthem Blue Cross and Blue Shield of California are behind the initiative and the companies believe that the database will eventually lead to more affordable health care, but it has raised serious privacy concerns…