Tag: insurance marketplace

Health insurance industry downgraded by Moody’s

G. Turner
health insurance industry moody's

There were many contributing factors to this rating, one of which was the health care reform. According to one of the latest reports issued by Moody’s, the credit outlook for the health insurance industry’s companies has been downgraded from having been “stable” to what is now seen as “negative”. Among the primary contributors to this change is due to the number of unknown factors this year. Though there was no single factor that led to the downgrading of the health insurance industry’s credit outlook, the health care reform has played…

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Insurance market has appointed its first female CEO

H. Cutner
Inside Look at Lloyds of London Office insurance market

Lloyds of London has announced that Inga Beale will be taking the new top spot after Ward steps down. The giant insurance market, Lloyd’s of London has just announced the appointment of the first female chief executive in the history of the company, who will be replacing the current CEO who had announced in July that he would be stepping down from that position. The position of CEO will be taken on by Inga Beale in January 2014, according to a statement from the company. Ahead of her appointment to…

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California health insurance exchange shows healthy growth

S.Vagus
California Health Insurance Companies

State-run health insurance exchanges are faring better than their federal counterparts Throughout the U.S., relatively few people have enrolled in state-based health insurance exchanges. The majority of these exchanges are managed by the federal government, with only 12 states opting to run their own exchanges. Technical problems with the federal exchange network have kept many people from enrolling in exchanges properly, which is one of the reasons behind low enrollment numbers. States managing their own exchanges, however, have fared better in terms of enrollment, as is the case in California.…

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Health insurance coverage available in every Alabama county

G. Turner
Alabama Health Insurance

The state has announced that it will have plans available through its exchange for all of its regions. Alabama has announced that no counties will be left out of its health insurance exchange, which will be federally operated, because there have been proposed plans put forward by three different companies, two of which are willing to provide coverage to the entire state. This has left Alabama in a better situation than some of the other states located nearby. Both United Healthcare and the largest health insurance provider in the state,…

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Health insurance exchange director hired in Idaho

G. Turner
Idaho health insurance

The position has now been granted to Amy Dowd a former employee of the state department. The new director of the health insurance exchange in Idaho has now been announced, bringing in Amy Dowd as its head in order to guide it toward its official launch on January 1, 2014. Dowd had previously been an employee of the Department of Insurance within the state. This rehiring would bring Dowd back into a position as an official for the state in this industry. The decision to hire her as its executive…

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