Health insurance rates set to spike in Ohio

Ohio health insurance

Health insurance rates could be growing due to the Affordable Care Act The Affordable Care Act looms in the near future and stands poised to issue the last of its major changes to the health insurance sector of the U.S. The federal law has been the subject of controversy and harsh criticism since it was passed in 2010, but has not yet been derailed in any significant fashion. The law has already introduced many changes to the health insurance sector, including the introduction of health insurance exchanges, which are meant…

Read More

Health insurance exchange sparks drama in Ohio

Ohio Health Insurance Exchange

Mystery surrounds state’s health insurance exchange In roughly five months, the health insurance exchange in Ohio will begin enrolling residents throughout the states. Approximately 540,000 people are expected to receive coverage through the program, which will be run by the federal government. The problem is that the health insurance exchange is something of a mystery, even to state officials. This is partly due to the fact that the federal government will be in charge of the exchange and the government has not been forthcoming with the particulars of how the…

Read More

Costly Ohio insurance exchange may have to team with the federal government

Independent IT consultants in Ohio were tasked with calculating the cost of an insurance exchange in the state earlier this year. The state is required by federal law to establish an exchange by 2014 in an effort to streamline health insurance. The undertaking is in no way small, as a great deal of digital infrastructure must first be made, the price of which may be daunting. According to the state’s consultants, the technology alone will cost $63 million. The sum is quite high when compounded by the additional expensive associated…

Read More