Live Insurance News

Health insurance hits major milestone with US children

February 15, 2013April 30, 2013

Record number of children covered by health insurance A record number of children in the U.S. received health insurance coverage in 2011, according to research from the Carsey Institute at the University of New Hampshire. Researchers note that these children did not receive their health insurance coverage from private companies. Rather, they received their coverage from public services. The research suggests that this is due to the new government policies that have been introduced into the health care sector that has made coverage more available to a wider range of…

Health insurance exchange receives a boost in Chicago from Sebelius visit

February 14, 2013April 30, 2013

The appearance on Wednesday was specifically designed to give the marketplace positive push. Kathleen Sebelius, the U.S. Health and Human Services secretary, made an appearance in Chicago, yesterday, in order to launch the rebranded health insurance exchanges as coverage “marketplaces”. Under this new term, the state level online resources will still be providing the same services. A central element of the healthcare reform law that was first implemented in 2010, these health insurance exchanges are meant to provide individuals and small businesses with an online location where they can compare…

Health insurance exchange in Minnesota is causing funding disputes

February 12, 2013April 30, 2013

The state’s Democratic Farmer Labor party members are disagreeing on the topic of paying for the marketplace. One of the issues that has arisen after a Senate Tax Committee hearing last week has to do with an amendment to legislation regarding the health insurance exchange and the way that it would receive its funding. Among the issues creating controversy is whether or not smokers should be footing the bill. The new health insurance marketplace is set to begin its operations in October of this year. However, there is considerable indecision…

Health insurance exchange plan from Mississippi rejected

February 11, 2013April 30, 2013

Mike Chaney, Mississippi Health Insurance Commissioner

This makes the state the first to have its healthcare reform proposal rejected by the federal government. On Friday, Mississippi became the first among all of the states to have its health insurance exchange proposal rejected by the federal government. According to federal officials, this was due to the opposition that it experienced by the state’s governor. Republican Governor Phil Bryant’s opposition to Mississippi’s health insurance marketplace proposal is being blamed for its eventual rejection by the federal government. The state received a letter from the U.S. Department of Health…

Health insurance exchange in Utah to be partnered with federal government

February 8, 2013April 30, 2013

The state governor has announced that a new offer has been made to Kathleen Sebelius. Governor Gary Herbert of Utah has just announced that he has updated the offer from his state to Kathleen Sebelius, the Secretary of Health and Human Services, saying that half of the health care exchange will be run by the state, and the other half will be run by the federal government. For months, the federal government has been trying to get states to operate their own marketplaces. These health insurance exchanges will provide small…