Many had been set to lose their insurance coverage in 2016, but state officials ensure they will have the policies they need An estimated 64,000 people in with public health insurance coverage in Minnesota were set to lose their coverage in 2016, but the state has decided to extend this coverage into the future. This will ensure that these people have the insurance coverage that they need, allowing them to avoid a federal fine that will be issued to those without active health insurance policies. The 64,000 people that were…
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Texas sees an increase in those enrolling in health insurance exchange
HHS finds that 56,000 people have enrolled in federal insurance exchange last week The number of Texas residents enrolling for health insurance coverage through the state’s exchange has grown last week. The Department of Health and Human Services recently released a report showing that some 56,000 people have enrolled for coverage in Texas through HealthCare.gov as of last week, bringing the total number of Texans signing up with the exchange to approximately 1.1 million. Despite the growth, enrollment in Texas has lagged behind that being seen in other states. Many…
Read MoreHHS announces that 8.2 million people have acquired health insurance during open enrollment period
HHS data shows that millions of consumers have acquired coverage through HealthCare.gov The U.S. Department of Health and Human Services (HHS) has announced that as many as 8.2 million people have signed up for health insurance coverage through HealthCare.gov. Of these, 2.1 million were below the age of 35, which has become one of the most sought after demographics for the insurance industry. This is significantly higher than the estimated 6.4 million people who used HealthCare.gov during last year’s open enrollment period. Majority of consumers receive coverage through federal exchanges…
Read More50,000 Kansas residents sign up for health insurance coverage through exchange
HHS shows that thousands of consumers have managed to find coverage through federal insurance exchange The U.S. Department of Health and Human Services has reported that some 50,000 Kansas residents have signed up for health insurance coverage through the state’s exchange as of December 12. The state’s exchange is managed by the federal government, as are most exchanges operating in the United States. Consumers can access the exchange through HealthCare.gov, which was recently revamped to provide better service to consumers that need to purchase insurance coverage. Open enrollment is set…
Read MoreHealth insurance scams are targeting consumers in Texas
Texas consumers are facing a new wave of scams that could leave them exposed to risks Low-income individuals living in Texas are being targeted by scams that seek to profit off their enrollment in the state’s health insurance exchange, as well as enrollment in HealthCare.gov. Enroll America, a non-profit organization offering free information concerning the enrollment process, has noted that there has been an increase in the sales tactics used to target low-income consumers. The organization suggests that many of these practices could actually be illegal as scammers are charging…
Read MoreHealth insurance premiums for HealthCare.gov policies are set to rise
Insurance premiums for HealthCare.gov policies to rise by an average of 15% next year Those with health insurance coverage through HealthCare.gov are likely to see higher premiums next year unless they switch policies, according to a report from Kaiser Family Foundation. Consumers with insurance coverage through the federal exchange marketplace have been encouraged to shop around for new policies, as this would allow them to save some money. On average, Kaiser predicts that those not shopping around for different policies will see an increase in their premiums of approximately 15%.…
Read MoreMontana residents save $1.5 million by shopping around for health insurance policies
HHS report shows that consumers are saving money by shopping around for coverage Many residents of Montana have saved money by shopping around for health insurance coverage, according to a new report from the Department of Health and Human Services. The federal agency recently urged consumers throughout the country to shop around for coverage. The agency suggested that many consumers may be paying too much for their insurance coverage, largely because they are unwilling to shop around and consider new options. In Montana, many consumers took this urging to heart,…
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