Live Insurance News

Health insurance problems could cause coverage shortfalls

December 11, 2013December 9, 2013 S.Vagus

Glitches may mean that certain insurance policies will not become active as scheduled The U.S. Centers for Medicare and Medicaid Services has announced that many people that have signed up for health insurance coverage through the federal HealthCare.gov portal may not actually be covered when the New Year starts. People throughout the U.S. have been trying to sign up for coverage through the federal insurance exchange but have been unable to due to technical problems. While the federal government is busy working to resolve these issues, those that did manage…

Federal health insurance exchange website experiences shutdown over critical weekend

December 2, 2013November 30, 2013 Julie Campbell

Federal Health Insurance Exchange website problems

The HealthCare.gov site went down for a considerable amount of time on Saturday morning. Only hours before the deadline imposed by the Obama administration, itself, for having the federal health insurance exchange website up and running for the “vast majority” of the people who want to use, it the site went down for a huge amount of time early in the morning on Saturday. The official report said that the site was being taken down deliberately for 11 hours. The Centers for Medicare and Medicaid Services took the federal health…

Health insurance costs in U.S. are lower than anticipated

July 22, 2013July 20, 2013 H. Cutner

Health Insurance Affordable Care Act Cost

Forecasts are beginning to show that the costs of the coverage aren’t as high as predicted. According to data from the Department of Health and Human Services, the cost of health insurance is considerably lower than it anticipated for small businesses and consumers, as the healthcare exchanges start to come together. This is promising news for President Obama and his supporters, as the exchanges are the heart of his signature law. The health insurance exchanges in each state are central to the Patient Protection and Affordable Care Act. Their ultimate…

Healthcare study identifies possible savings of $2 trillion over 10 years

January 11, 2013April 30, 2013

The researchers are now calling for a new spending target that may be highly effective. According to a study that was just released on Thursday, the United States would be able to save $2 trillion from its spending on the healthcare system over the next 10 years if the federal government would help to influence the rapidly increasing costs in both the public and private sectors, so that they would more effectively align with economic growth. The study was conducted by the Commonwealth Fund, a nonpartisan group. In the report…

A news study shows the costs of health care are rising as well as uninsured rate

September 8, 2011September 8, 2011 Nordstrom

A new report from the Commonwealth Fund, a nonprofit organization championing a more efficient health care system, shows that as the costs of health insurance rise, the number of people with health insurance plummets. The report cites growing tensions within the economy as consumers struggle to cope with higher costs of living and widespread job loss. In 2010, the organization estimated that 29 million people did not have health insurance, a number that had been 16 million seven years before. Among those losing health insurance coverage are those with jobs.…