Tag: health plans

290,000 Michigan residents sign up for health insurance coverage through exchange

Marc
Michigan Health Insurance - State Plan

HHS data shows that 290,439 people have signed up or renewed their health insurance policies The federal Department of Health and Human Services has released information showing that more than 290,000 people in Michigan have enrolled for insurance coverage through the state’s health insurance exchange. The majority of these people will have their insurance coverage go into effect on February first, but consumers will have until February 15 to purchase the coverage they are interested in. Those that do not purchase insurance coverage by February 15 may have to wait…

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Report highlights growing cost of employer-sponsored health insurance

Logan B.
health insurance industry employer work

Workers are paying more for their coverage but are receiving fewer benefits The Commonwealth Fund has released a new report that highlights the growing costs of employer-sponsored health insurance in the United States. While the Affordable Care Act has not lead to a significant increase in insurance premiums for many people, it may not be providing much relief to workers. The report from the Commonwealth Fund suggests that insurance premiums for workers are slowly increasing, while the benefits they receive through this coverage are vanishing. Worker contributions are growing throughout…

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The majority of insurance companies aren’t transparency law compliant

Julie Campbell
Texas health Insurance companies

Texas has become unable to determine whether or not the plans are meeting the needs of consumers. Texas recently implemented a new regulation for health insurance companies that required them to have to submit reports to the state Department of Insurance in order to help to protect consumers against unfairly high medical bills, but many insurers have been ignoring this requirement, so far. At the same time, officials in the state haven’t done very much to help to improve compliance. Under the new regulations, insurance companies are supposed to be…

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Health insurance has made it into the holiday shopping season

Julie Campbell
health insurance industry

Recently released federal data has shown that there are a considerable number of people returning to the exchanges. Aside from enrolling new health insurance customers, one of the most important achievements that the exchanges need to accomplish are to encourage last year’s customers to return in order to purchase their coverage. This holiday shopping season, enrolling through the insurance exchanges is exactly what Americans have been doing. The federal government has recently released data that shows that consumers are returning this year after having used the health insurance exchanges last…

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Health insurance enrollment up by 10,000 in Washington

G. Turner
washington health insurance exchange

The state has now reported this figure, which represents the number of sign-ups over the last few weeks. At the end of last week, the state of Washington released its figures for health insurance sign ups during the first few weeks of open enrollment, and what it said was that there have been about 10,000 residents of the state that have already taken part. In 2013, there were almost 50,000 people who had enrolled for private health plans during the first four weeks. Last year’s open enrollment for buying health…

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Employer-sponsored health insurance is becoming more expensive

S.Vagus
covered care open enrollment

New report finds that workers in the US are paying more for their insurance coverage The Commonwealth Fund has released a new report that has found that the rate of growth in health insurance costs for employer-sponsored coverage has grown significantly since 2010. While the Affordable Care Act has helped mitigate the rate at which insurance premiums and costs have grown, it may not have provided significant financial benefit for individuals receiving coverage through their employers. As such, employer-sponsored insurance coverage is becoming more expensive for workers. Premiums are growing,…

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Small business health insurance exchange is struggling to connect with companies

Logan B.
health insurance exchange

New exchange designed for small businesses is experiencing turbulence HealthCare.gov has launched its small business service, offering employers the chance to purchase health insurance plans for their workers through a federal exchange marketplace. This federal exchange was meant to be made available last year, during HealthCare.gov’s first open enrollment period, but its launch was delayed due to concerns over the financial impact mandatory insurance coverage would have on small businesses. The exchange is now available to small businesses, but reports of mild technical problems has made it difficult for some…

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