Tag: south carolina health insurance exchange

South Carolina will not build its own health insurance exchange

S.Vagus
South Carolina Health Insurance

Governor announces that the state will not build and operate its own exchange South Carolina will not be developing its own health insurance exchange, according to Governor Nikki Haley. The decisions is expected to impact more than 154,000 people living in the state, whom currently receive subsidies from the federal government to cover the cost of their health insurance policies. The state already has an insurance exchange, but it is managed by the federal government. Depending on a ruling from the Supreme Court, subsidies offered through the exchange may no…

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Health insurance policies sold through South Carolina exchange may become more expensive

Logan B.
South Carolina Health Insurance

Department of Insurance believes that insurance policies will increase in cost next year The South Carolina Department of Insurance has predicted that the four health insurance companies that are selling policies through the state’s insurance exchange will again sell these policies during the exchange’s next open enrollment period. These plans will go active next year, but the agency believes that they will be more expensive than they were during the last open enrollment period. The agency will not know for sure if these policies will be more expensive until later…

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Health insurance policies sold through South Carolina exchange may become more expensive

S.Vagus
South Carolina Health Insurance

Department of Insurance believes that insurance policies will increase in cost next year The South Carolina Department of Insurance has predicted that the four health insurance companies that are selling policies through the state’s insurance exchange will again sell these policies during the exchange’s next open enrollment period. These plans will go active next year, but the agency believes that they will be more expensive than they were during the last open enrollment period. The agency will not know for sure if these policies will be more expensive until later…

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South Carolina rejects federal money that would help build insurance exchange

Nordstrom

Reeling from the impact of Hurricane Irene, South Carolina has not lost sight of opposing federal health care reform. Tony Keck, head of the state’s Health and Human Serviced Department, announced Thursday that the state would be rejecting millions of dollars in federal grants that would have been used to help the state build a health insurance exchange. The exchange would have helped residents of the state find affordable insurance coverage and, theoretically, reduce the overall cost of insurance policies within the state as insurers fought for customers. South Carolina…

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South Carolina health care reform change on the way

S.Vagus

South Carolina is taking the first steps to establishing a working health insurance exchange programs. The state is using money it received from the federal government, an initiative to assist in the formation of exchanges, to build a website that will monitor health insurance rate increases. According to state officials, the website will act as a way for consumers to obtain more information on policies. It will also be used to stem the tide of what state officials consider “unreasonable rate hikes.” The state received more than $1 million in…

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