Health insurance exchange in Missouri will face voters

Health Insurance

The residents of the state will decide whether the online marketplace will be run by the state or federal government. Next month, when voters head out to cast their ballots, those in Missouri will be asked to address an additional matter, which will involve whether their health insurance exchange will be operated by the state or by the federal government. Some are saying that these votes may not have a large impact on the final decision. It has been suggested that the votes of the citizens in Missouri may have…

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Missouri Legislature overturns Senate Bill 749

Birth Control insurance

Lawmakers dismantle Senate Bill 749 The Missouri Legislature has overridden a veto from Governor Jay Nixon concerning legislation that would have allowed consumers and businesses to opt out of insurance coverage providing benefits for certain types of birth control. The legislation, called Senate Bill 749, could have required employers to provide coverage for abortions, sterilization, and other forms of birth control through their insurance company. The Legislature voted on overriding the legislation this week with a 26-6 vote from the Senate. Bill allows employers and individuals to opt out of…

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Missouri postpones further health insurance exchange efforts

Following the voicing of concerns by several Republican senators, insurance officials from Missouri have taken a step back away from intentions to begin spending millions of dollars from the federal government on an investment into the computer technology that would be required to put a central element of the new federal health care law into place. In August, Missouri had been awarded a federal grant of $21 million to be applied to the preparation for the health insurance exchange to be created and run by the state and would allow…

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Missouri residents in the highest risk group will have lower health insurance rates

Missouri officials have announced that they will be decreasing the rates for the high risk healthcare pool by 23 percent for both current and new participants in the program. In 2010, Missouri created a new health insurance pool for the highest risk group, but though it was anticipated that there would be about 3,000 people who joined the program, less than 600 have done so, as many claim that the premiums are simply too expensive. The reduction in the rates are being made possible by both federal funds and policyholder…

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Analysts: Enrollment in states’ pre-existing conditions insurance plans incredibly low

The health care reform law of 2010 is well known for a number of provisions that have succumb to a seemingly endless tide of controversy. These provisions generally garner the majority of public attention, but it is one provision that has been in effect for over a year now that may point to some fundamental flaws in the federal law. The provision in question is one that originally drew in public acclaim, but has since faded into obscurity. According to the law, each state must have a Pre-Existing Condition Insurance…

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