Tag: US health insurance

US consumers may be able to save $2 billion on health insurance coverage

S.Vagus
health insurance agents websites

HHS suggests people could find less expensive coverage this year through insurance exchanges Consumers throughout the United States may be able to save a large amount of money if they switch health insurance policies this year. According to the Department of Health and Human Services (HHS), more than 70% of consumers enrolled in insurance exchanges could find less expensive policies than the ones they are currently paying for. These policies can be found through HealthCare.gov, which has recently been revamped to be more accommodating of online traffic and offer better…

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Children’s Health Insurance Program funding may be in jeopardy

S.Vagus
Children’s Health Insurance Program kids

Congress has to act on reauthorizing funding for CHIP Congress may need to act quickly if it wants to save the national Children’s Health Insurance Program (CHIP). The program’s funding scheme is set to expire soon and this could leave children throughout the United States without access to health insurance coverage. The program’s current funding will run dry next year, but relatively little has been done to address this issue. The burden of keeping CHIP alive is not for Congress alone, of course. States must begin working with insurers and…

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Small business health insurance exchange is struggling to connect with companies

Logan B.
health insurance exchange

New exchange designed for small businesses is experiencing turbulence HealthCare.gov has launched its small business service, offering employers the chance to purchase health insurance plans for their workers through a federal exchange marketplace. This federal exchange was meant to be made available last year, during HealthCare.gov’s first open enrollment period, but its launch was delayed due to concerns over the financial impact mandatory insurance coverage would have on small businesses. The exchange is now available to small businesses, but reports of mild technical problems has made it difficult for some…

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Report highlights the problems of the small business health insurance exchange network

Marc
Health insurance for small business health care costs

GAO report shows that enrollment in SHOP is not meeting expectations The U.S. Government Accountability Office has released a new report concerning enrollment in the federal Small Business Health Options Program (SHOP). The program is meant to serve as a health insurance exchange catering specifically to small businesses. In most cases, these businesses are required to offer their employees insurance coverage due to the provisions of the Affordable Care Act, but these companies cannot find coverage through conventional insurance exchanges. SHOP was designed to address this issue. Only 12,000 health…

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Nevada updates its health insurance exchange

S.Vagus
Nevada health insurance commissioner State Legislature Building

Nevada Health Link has received an overhaul in an effort to make it perform better than it did last year Nevada is prepared to launch its newly revised health insurance exchange. Officials with Nevada Health Link, the state’s exchange, believe that the exchange’s new website will be able to handle the demand and traffic coming from consumers. Last year, the exchange struggled to provide people with access to health insurance policies and was harshly criticized by many as a failure. This year, state officials are expressing optimism concerning the revisions…

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