Tag: Ohio

Health insurance exchange sparks drama in Ohio

Logan B.
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…

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States seek alternative to Medicaid health insurance expansion

Logan B.
health insurance exchanges

Lawmakers continue to wrangle with health insurance requirements The Affordable Care Act will become fully enacted next year, leaving states throughout the U.S. relatively little time to comply with the federal law’s numerous provisions. One of these provisions, in particular, has been somewhat controversial in several states. That is the mandatory expansion of Medicaid. While the Medicaid program is, technically, overseen by the federal government, each state has its own division of the program which they are required to govern. Per the Affordable Care Act, all states must expand their…

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Insurance fraud becoming more prolific in Ohio

S.Vagus
homeowners insurance fraud

Ohio continues to grapple with insurance fraud Insurance fraud hit a high in Ohio last year, according to the state’s Department of Insurance. The state agency has released data concerning the reports of insurance fraud and agent misconduct it had received throughout 2012. Regulators have been working to rein in on fraud throughout the state more aggressively. Fraud is often one of the major contributory factors to rising insurance prices, and regulators are keen to keep insurance rates manageable for consumers throughout Ohio. Agency received 7,274 allegations of insurance fraud…

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Half of US opts out of health insurance exchanges

Logan B.
health insurance market stability

Half the country decides not to run health insurance exchanges The U.S. Department of Health and Human Services has announced that the federal government will officially be operating health insurance exchanges in approximately half the states in the country. These exchanges are part of the Affordable Care Act, the federal health care law that has been very unpopular in some states. These states have shown continued opposition to the federal law, suggesting that it violates people’s constitutional rights and claiming that it will have a catastrophic impact on the nation’s…

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TrueCost plan sparks dispute in Cincinnati

Dan
health insurance rates highest and lowest

TrueCost plan provokes standoff between employees and employers A standoff in Cincinnati, Ohio, between employees and their employers has formed concerning a controversial new health insurance plan called TrueCost. The plan has become very popular for Cincinnati employers, but workers are concerning over the potential the plan has of introducing a variety of new medical costs. So far, nine Cincinnati employers, representing some 5,000 employers combined, have adopted the TrueCost plan, which comes from Custom Design Benefits. Plan allows employers to take control of health care costs According to employers,…

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