Utah health insurance exchange moves forward under state control

Utah flag health insurance

Utah health insurance exchange to be run by the state Utah will move ahead with its own health insurance exchange, according to an announcement made late last week by Governor Gary Herbert. The Utah health insurance exchange will be developed, built, and operated by the state itself, rather than the federal government. State officials are drafting plans for the exchange in the hopes that it will comply with federal standards. Some lawmakers are unclear as to what those standards are, however, because of the lack of guidance coming from the…

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New Jersey health insurance exchange off the table

New Jersey Health Insurance

New Jersey health insurance exchange slammed with veto from Governor Christie Plans for a New Jersey health insurance exchange are off the table due to a veto from Governor Chris Christie. The Governor has become the latest in a long line of state officials that have rebuked the concept of a health insurance exchange in their representative states. The recent veto marks the second time this year that Governor Christie has nixed legislation concerning the New Jersey health insurance exchange. The Governor claims that the federal health care law introduced…

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Health insurance premiums set to rise due to new tax

Health Insurance Premiums Rise

New tax threatens to increase health insurance premiums A tax associated with the federal Affordable Care Act could lead to significantly higher health insurance premiums in the U.S., according to a new report from Oliver Wyman, a leading management consulting firm. The report was commissioned by America’s Health Insurance Plans, one of the leading trade groups in the country’s insurance industry. The tax is linked to health insurance and the report suggests that it could end up making the Affordable Care Act less deserving of its namesake. Affordable Care Act…

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Insurance Commissioners show concern over late release of regulations

Health Insurance book report law

Insurance Commissioners worried that late issuance of regulations could harm implementation of Affordable Care Act After years of criticism for not providing enough guidance in regards to the implementation of the Affordable Care Act, the U.S. Department of Health and Human Services has begun issuing rules concerning the law at a rapid pace. These rules may help some states comply with the federal law in a more comprehensive manner, but their delayed issuance could also be creating some significant problems. Insurance Commissioners throughout the country have begun expressing concerns over…

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Connecticut moves forward with health insurance exchange

Connecticut health Insurance

Connecticut aims to have exchange operational ahead of deadline Connecticut is one of the few states in the U.S. that has made significant progress in establishing its own health insurance exchange. The state is keen to operate the exchange itself in the hopes of providing service to residents that is suited to the needs of the market. Though the state has made major progress over the past two years to build its own exchange program, the Legislature is now working to make the program a reality, hoping to beat the…

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