Consumers who shop for their coverage using the federal exchange will now have another week. Americans who are shopping around for health insurance through the use of the federal exchange website will now be provided with an extension on the previous deadline, as new healthcare reforms have granted them until December 23 in order to sign up on the site and obtain the benefits required to comply with the individual mandate starting on January 1, 2014. This, according to an announcement recently made by the Department of Health and Human…
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Healthcare reforms are about to get a whole lot funnier
The celebrities from the Funny or Die studios in Hollywood are helping to promote the health insurance exchanges and laws. Hollywood is now doing its part to help the country to get itself ready for the implementation of the latest pieces of the healthcare reforms, as the state health insurance exchanges get ready to go live on October 1. Mike Farah and the Funny or Die studios team are coming up with as many as 20 different projects for this purpose. In order to make sure that the healthcare reforms…
Read MoreHealth insurance law putting strain on public unions
Municipalities nationwide are putting the pressure on their unions to accept cheaper benefits. Towns and cities across the United States are now placing pressure on their municipal unions to start accepting cheaper health insurance benefits ahead of an element of the implementation of one of the healthcare reform components that will place a tax on more expensive plans as of 2018. The Affordable Care Act includes a so-called “Cadillac tax”, which was created following the advice of economists. The economists argued that health insurance that was more expensive, in which…
Read MoreAbortion insurance ban considered for some NC policies
The state is looking into stopping private health plans from being able to provide this coverage. The state of North Carolina is weighing a proposed law that would stop abortion insurance coverage from being included in the health plans that are sold within the online exchange starting in October 2013. This would not be a regulation for all insurers in the state, but only those who plan to sell over the public marketplace. Limiting the private abortion insurance coverage is permitted under the federal healthcare reform laws that require nearly…
Read MoreHealth insurance costs in U.S. are lower than anticipated
Forecasts are beginning to show that the costs of the coverage aren’t as high as predicted. According to data from the Department of Health and Human Services, the cost of health insurance is considerably lower than it anticipated for small businesses and consumers, as the healthcare exchanges start to come together. This is promising news for President Obama and his supporters, as the exchanges are the heart of his signature law. The health insurance exchanges in each state are central to the Patient Protection and Affordable Care Act. Their ultimate…
Read MoreNew health insurance regulations introduce changes to Affordable Care Act
Obama administration introduces more health insurance revisions As the Affordable Care Act inches closer to becoming fully enacted in the U.S., the Obama administration is making somewhat unexpected moves on the health care law and its provisions concerning health insurance. The federal law is set to go active in its entirety on January 1, 2014. Once the law has been fully enacted, it will be too late for states throughout the country to comply with its provisions, which is somewhat problematic due to the fact that most states have yet…
Read MoreHealth insurance major requirement delayed by Obama
The president has unexpectedly announced a delay to the law requiring many businesses to offer coverage. President Obama shocked the nation with an announcement that was made in a significant concession to business groups, as the administration allowed for a delay in one of the central health insurance components of the healthcare law. This change was to a deadline for one of the components at the heart of the healthcare reform law. Now, many businesses that would have been required to offer health insurance to their employees as of January…
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