washington d.c. health insurance Archives

Health insurance exchange in Washington D.C. sparks more controversy

July 16, 2014July 14, 2014 S.Vagus

D.C. exchange may be illegally collecting fees on supplemental insurance products The Washington D.C. health insurance exchange has fallen into a pit of controversy. A new initiative aims to resolve some of the exchange’s financial problems by allowing it to institute fees on supplemental insurance products. The problem, according to the American Council of Life Insurance, is that these supplemental products are prohibited from being sold through the exchange, according to the Affordable Care Act. As such, they cannot be used as a way to cover the costs of the…

Health insurance brokers in Washington D.C. are still waiting to be paid

July 10, 2014July 8, 2014 S.Vagus

Insurance brokers have yet to be paid for the services they provided and the policies they managed to sell Months after health insurance exchanges began operating in the U.S., many professional insurance brokers are still waiting to be paid for their services. In Washington D.C., this issue is beginning to cause serious problems for these brokers. District officials had gone to great lengths to win the support of insurance brokers that were concerned for their livelihood and how it would be affected by insurance exchanges. A special website and phone…

New tax targeting health insurance products is approved in D.C.

May 12, 2014May 9, 2014 S.Vagus

D.C. Council introduces new tax in order to mitigate financial blow of failed insurance exchange The D.C. Council has approved a new tax that will be placed on all health insurance products that are sold throughout the district. The tax is meant to resolve a specific issue: The financial problems that have been caused by the district’s insurance exchange. The exchange was meant to provide D.C. residents with access to affordable insurance coverage, but it proved quite difficult for these residents to access the exchange due to severe technical difficulties.…

Native Americans may be affected by US health insurance mandate

May 20, 2013May 25, 2013 S.Vagus

Health insurance problems for Native Americans

Health insurance may prove somewhat problematic for Native population The impact that the Affordable Care Act will have on the U.S. health insurance sector is often a matter of heated debate. Those supporting the federal law suggest that it will make health insurance more inclusive for a broad range of consumers, while opponents suggest that it will raise the price of coverage significantly over the next several years. The law’s potential impact is typically focused on what effect it will have on American consumers, but there is a particular demographic…