Health insurance rates set to rise in Montana

Trumpcare health insurance investigation

Insurance premiums for Montana residents expected to rise as much as 34% for 2016 coverage Montana residents can expect to see their health insurance premiums rise in 2016. Insurance Commissioner Monica Lindeen has announced that rates will increase between 22% and 34% in 2016, affecting as many as 41,000 people living in the state. The rate increases will not affect those that receive employer-sponsored health insurance coverage or those that receive coverage through HealthCare.gov and receive federal subsidies for these policies. Those in the private market, however, may experiencing a…

Read More

Government to improve its health insurance gateway

Health Insurance exchange marketplaces

HealthCare.gov will be receiving promising upgrades The U.S. government is looking to improve its health insurance gateway, HealthCare.gov, ahead of the beginning of the next open enrollment period in November. The upgrades are expected to improve the services that the site provides to consumers, making it easier to enroll in health insurance plans. In the past, HealthCare.gov has failed to successfully enroll consumers, making it difficult for them to find the coverage that they need. The government has brought many improvements to the site over the years, but the latest…

Read More

Health insurance premiums to see a modest rise in Florida

Florida health insurance

Florida regulators announce rate hikes for policies sold through exchange The Florida Office of Insurance Regulation has announced that it has approved an increase in health insurance premiums for coverage sold through the state’s exchange. Florida’s insurance exchange in managed by the federal government, and consumers looking for policies can find them through HealthCare.gov, the federal exchange network. The rate increases in Florida are more modest than what is being reported in other states and consumers are expected to experience a small increase in premiums for coverage in 2016. Premiums…

Read More

Health insurance exchanges serve as effective safety net

online health insurance technology exchange

Federal data shows that consumers can find coverage through exchanges if they have lost their insurance Health insurance exchanges in the United States are performing well as a safety net for those that lose their coverage. The federal government has released data concerning how exchanges operate as a safety net, which is something that is often overlooked by those involved in the insurance sector. These exchanges were meant to expand the availability of insurance coverage to millions of consumers, but they have also managed to ensure that people have a…

Read More

State-run health insurance exchanges have crippling financial problems

Health Insurance Exchange

States running their own exchanges are having trouble funding themselves State-run health insurance exchanges are having difficulty managing high costs and low enrollment numbers. If such challenges persist, some states may decide to relinquish control of their exchanges to the federal government. Hawaii is one of the states that may soon cede control of its exchange. The state launched its own exchange with the aid of $205 million in federal grants, but it has failed to achieve its enrollment goals. Hawaii’s insurance exchange will rely on HealthCare.gov next year Hawaii’s…

Read More