Live Insurance News

1.2 million people in Florida receive coverage through state’s health insurance exchange

January 19, 2015January 17, 2015 S.Vagus

Florida’s health insurance exchange has successfully enrolled some 1.2 million people Approximately 1.2 million residents of Florida have signed up for health insurance through the state’s insurance exchange. The exchange is managed by the federal government, as Florida opted not to build its own insurance exchange some time ago. The exchange had been relatively successful in making coverage more accessible to consumers during the last open enrollment period, but the latest open enrollment period has proven to be more active, in terms of insurance policies being sold through the exchange.…

Federal law may not be a detriment to employer-sponsored health insurance

January 1, 2015December 30, 2014 Marc

Analysis from Urban Institute sheds some light on concerns regarding Affordable Care Act The Affordable Care Act may not be threatening employer-sponsored health insurance coverage, according to analysis from the Urban Institute. There had been concerns that the federal law would make it impossible for some employers to provide insurance coverage to their workers, while other companies would be forced to pay more money for offering this coverage. As such, employers would be disinclined to offer sponsored coverage to their employees, unless forced to do so by federal law. No…

Health insurance exchanges are performing well throughout the country

December 31, 2014December 29, 2014 Marc

HHS information shows that 1.9 million new customers have been enrolled in federal exchanges The U.S. Department of Health and Human Services (HHS) has announced that this year’s open enrollment period is off to a good start. The federal agency, which is responsible for the deployment of the Affordable Care Act alongside the Centers for Medicare and Medicaid Services, has released information concerning enrollment throughout the country. As of December 19, 1.9 million new customers have enrolled for coverage in exchanges in 37 states. Another 4.5 million people have renewed…

Health insurance has made it into the holiday shopping season

December 29, 2014December 27, 2014 Julie Campbell

Recently released federal data has shown that there are a considerable number of people returning to the exchanges. Aside from enrolling new health insurance customers, one of the most important achievements that the exchanges need to accomplish are to encourage last year’s customers to return in order to purchase their coverage. This holiday shopping season, enrolling through the insurance exchanges is exactly what Americans have been doing. The federal government has recently released data that shows that consumers are returning this year after having used the health insurance exchanges last…

Insurance news in Iowa reveals struggles as state takes over co-op

December 29, 2014December 27, 2014 G. Turner

CoOportunity Health was established under the Affordable Care Act, but it has found itself in financial calamity. A young health insurer in Iowa, CoOportunity Health, which was established under the Affordable Care Act, is now making insurance news as it has been taken over by the state due to considerable financial struggles. The health insurance division of the state has now had to step in as a result of the co-op’s money woes. The insurance news had originally appeared promising for CoOportunity Health, as it had been established as an…