Live Insurance News

Illinois health insurance companies seek to circumvent federal law

August 6, 2013August 3, 2013 Nordstrom

Acts of health insurance providers create drama with state regulators Drama has erupted in the insurance industry in Illinois. The state’s Department of Insurance has taken issue with an action that many of the state’s largest health insurance providers plan to take in order to avoid federal reforms for an entire year. Per the Affordable Care Act, insurers will not be able to charge higher rates for women, those with pre-existing conditions, and other demographics beginning January 1, 2014. In an attempt to sidestep these new regulations, many of the…

Health insurance exchange in Utah to be partnered with federal government

February 8, 2013April 30, 2013

The state governor has announced that a new offer has been made to Kathleen Sebelius. Governor Gary Herbert of Utah has just announced that he has updated the offer from his state to Kathleen Sebelius, the Secretary of Health and Human Services, saying that half of the health care exchange will be run by the state, and the other half will be run by the federal government. For months, the federal government has been trying to get states to operate their own marketplaces. These health insurance exchanges will provide small…

Health insurance exchanges can now partner up to help ease the process

January 15, 2013April 30, 2013

The HHS has announced the first of the approved partnerships between federal and state governments. The Department of Health and Human Services has given their conditional approval to the first of the states that have opted to run health insurance exchanges in a partnership between the federal and state governments. The HHS is hoping that there will soon be additional approvals of this nature to be issued. Arkansas and Delaware have become the first states in receipt of the conditional approval for the operation of health insurance exchanges that are…

Health insurance exchanges for 20 states have received their approval

January 7, 2013January 7, 2013 Julie Campbell

Another eight states have now received the all clear in the form of a conditional federal approval. The U.S. Department of Health and Human Services (HHS) has just announced that an additional eight states have now received their conditional approval for their state based health insurance exchanges, bringing the total number in the country up to 20. These approvals have been coming through since last week and allow those states to begin moving forward. Among the newest additions to the approved list for their health insurance exchanges are Hawaii, Utah,…

Health insurance exchange approval for states

January 2, 2013January 2, 2013 H. Cutner

At the same time that the federal government had a fiscal cliff deadline, it also owed the states its decisions. The start of 2013 brought not only a great deal of attention to the decisions that would be made by the federal government regarding the fiscal cliff, but it also represented the time that the approvals would be given (or denied) to states regarding their plans for health insurance exchanges. The Secretary of Health and Human Services announced whether the proposals made by the states were approved. There are 24…