Washington consumers find the coverage they need through the state’s insurance exchange The open enrollment period for health insurance exchanges has ended and more than 200,000 people have enrolled for coverage in Washington. State officials note that more people may have attempted to acquire coverage through exchanges, but were unable to due to technical difficulties. Those that experienced computer issues are being encouraged to contact Washington Healthplanfinder in order to complete the enrollment process. Though the open enrollment period is over, those with partially completed enrollment applications could be granted…
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Some 11,000 new consumers enroll in Washington health insurance exchange
State health insurance exchange enrolls 11,000 new consumers looking for coverage An estimated 11,000 new people have enrolled in Washington’s health insurance exchange, according to state officials. The state’s exchange has managed to attract numerous new customers who have been looking for insurance coverage. A portion of these consumers were previously uninsured, with others opting to find new policies and move away from the private market, which is becoming increasingly expensive. State officials believe that the exchange continues to see healthy growth as new consumers seek more options when it…
Read MoreModa to exit Washington health insurance market
Moda Health will leave the Washington insurance market, including the state’s exchange Moda Health, a prominent health insurance provider, has announced that it will be leaving Washington’s insurance exchange. The insurer provides coverage to some 47,000 consumers through the state’s exchange and many of these people may have to find coverage elsewhere in 2016. Enrollment for the state’s exchange begins in November, but consumers will no longer be able to find plans from Moda, as the insurers is focusing on other markets following some shortfalls in Washington and other states…
Read MoreMajor change to Washington health insurance exchange could benefit consumers
Consumers will now pay premiums directly to insurance providers Those purchasing health insurance coverage through the Washington exchange have begun paying their premiums directly to insurers. Previously, consumers were paying premiums to the exchange itself, which then issued these premiums to insurance companies. The change may be a boon for consumers, as many have reported problems in with premiums payments in the past. Trouble paying premiums has lead to some consumers having complications with their coverage and the state is looking to resolve this issue effectively. Many had reported problems…
Read MorePennsylvania issues warning to the insurance industry
State has warned insurers not to practice price optimization as it is unfairly discriminatory Pennsylvania has joined seven other states in warning the insurance industry against practicing “price optimization,” a technique that insurers often use to raise premiums for those they deem unlikely to search for better deals. The Consumer Federation of America notes that this practice is unfair and illegal, as it often makes use of socio-economic information that insurers are banned from using to price coverage in some states. The organization suggests that this pricing practice is a…
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