Live Insurance News

12.7 million people enroll for health insurance coverage in the US

February 12, 2016February 11, 2016 S.Vagus

online health insurance technology exchange

HHS reports that more people signed up for insurance coverage in 2016 than they did in 2015 The Department of Health and Human Services has released data showing that 12.7 million people throughout the United States have enrolled for health insurance coverage through exchanges for 2016 coverage. Enrollment numbers surged during the last hours of the open enrollment period as consumers scrambled to acquire the health insurance policies they need to avoid a federal penalty. The open enrollment period seems to have been a success, ensuring that more people than…

Health insurance premiums for family coverage are on the rise

September 15, 2014September 13, 2014 S.Vagus

Premiums for family plans offered by businesses are growing Premiums for employer-sponsored family health insurance plans rose for the third consecutive year, according to a survey from the Kaiser Family Foundation and the Health Research & Educational Trust. Insurance rates have been climbing despite certain provisions of the Affordable Care Act becoming active this year. These provisions had been meant to offset the rate at which insurance premiums were increasing, but they have only proven to be moderately successful. Study shows modest increase in cost of family policies The study…

Health care reform leads Kathleen Sebelius to step down

April 15, 2014April 16, 2014 Julie Campbell

Healthcare Reform - Kathleen Sebelius, Secretary of the Department of Health and Human Services

The HHS secretary will now be leaving her post and the OMB director will be replacing her. The Health and Human Services Secretary, has announced in recent health care reform news that she has resigned from her post, bringing an end to a turbulent tenure as the primary voice for the Affordable Care Act. President Obama spoke at a Rose Garden ceremony, to nominate his budget director to succeed Sebelius. Obama stated that “After five years of extraordinary service to our country, and seven and a half million Americans who’ve…

Health insurance exchanges may miss important deadline

June 24, 2013June 22, 2013 Logan B.

Health insurance exchanges are falling behind schedule in the US Throughout the U.S., health insurance exchanges are scheduled to begin open enrollment on October 1 of this year. Each state will have its own health insurance exchange in place, but many of these exchanges are likely to be managed by the federal government. The exchanges have received praise mixed with criticism since the passage of the Affordable Care Act in 2010. The federal health care law makes these exchanges mandatory in each state and has placed a deadline on when…

DC offers glimpse into health insurance prices through exchange

June 11, 2013June 10, 2013 S.Vagus

DC officials aim to provide more insight concerning health insurance exchange Washington D.C. is currently working to establish its own health insurance exchange. Though the District is not actually a state, it is still required by federal law to host a health insurance exchange, through which consumers can find a wealth of affordable coverage options. Exact details concerning the D.C. exchange are somewhat scarce as officials tend to only over some vague insight to the program and how it is being formed. This week, D.C. officials have offered a first…