Live Insurance News

South Carolina will not build its own health insurance exchange

June 5, 2015June 4, 2015 S.Vagus

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…

Health insurance subsidies are at risk in the US

May 14, 2015May 13, 2015 Logan B.

cash money subsidy health insurance deductibles

Supreme Court is set to rule on a legal challenge to the Affordable Care Act The U.S. Supreme Court is set to rule on a legal challenge that has been made against one of the Affordable Care Act’s provisions. The provision in question is one meant to provide subsidies for those seeking coverage through health insurance exchanges. These subsidies are meant to reduce the cost of insurance coverage for many people, making it possible for more people to obtain coverage. Subsidies offered for coverage found through federal exchanges may vanish…

Nearly 9 out of 10 people now have health insurance coverage

April 17, 2015April 16, 2015 S.Vagus

Survey shows that more people have gained access to the insurance coverage that they need Results from the Gallup-Healthways Well-Being Index show that nearly 9 out of 10 people in the United States have health insurance coverage This is due, in part, to the Affordable Care Act, which has expanded access to insurance coverage for many people throughout the country. The survey shows that people are now able to find coverage through expanded Medicaid programs in some states and insurance exchanges that offer either subsidized coverage or relatively low-cost policies.…

Health insurance for children is at risk in the US

March 25, 2015March 23, 2015 S.Vagus

Children’s Health Insurance Program kids

Children could be losing their insurance coverage in the coming year Health insurance for children in the United States may be at risk. Congress has chosen not to reauthorize the Children’s Health Insurance Program (CHIP) and a the King v. Burwell case concerning health insurance subsidies is currently being heard by the Supreme Court. These issues could lead to a significant number of children, as well as their families, losing coverage in the relatively near future. The loss of insurance coverage could place some children at risk, especially if they…

HHS estimates 16 million people have received health insurance coverage

March 19, 2015March 18, 2015 Nordstrom

Health Insurance coverage - uninsured drops

Health care reform increases the accessibility of insurance coverage The Affordable Care Act has helped more than 16 million people in the United States gain health insurance, according to information from the Department of Health and Human Services. A recent survey from Gallup, called the Gallup-Healthways Well-Being Index, suggests that the number is closer to 9 million, however. Whatever the case may be, health care reform has reduced the number of uninsured people throughout the country, which may be a significant victory. Federal law continues to be somewhat controversial The…

Health insurance subsidies are in danger in the US

March 6, 2015March 5, 2015 Nordstrom

Insurance costs could spike in the US if subsidies for health coverage is struck down by the Supreme Court Health insurance costs could skyrocket in the United States, depending on a decision from the Supreme Court. The country’s highest court is set to begin hearing a case by the end of this week regarding the legality of subsidies offered by the federal government. Per the Affordable Care Act, the government offers subsidies that are meant to offset the cost of health insurance coverage acquired through a state or federal exchange.…

Health insurance costs could spike in the US

March 4, 2015March 3, 2015 S.Vagus

Analysis predicts that health insurance rates will grow by an average of 255% Those receiving federal aid for their health insurance coverage in the U.S. could see their insurance premiums rise by a significant margin, pending the results of a Supreme Court case. According to analysis from Avalere Health, an advisory group, premiums for those with subsidized coverage could spike by an average of 255%. Information from the Department of Health and Human Services shows that the vast majority of those receiving health insurance coverage through an exchange currently receive…