Live Insurance News

Florida organizations receive funding to raise awareness of health insurance

September 11, 2014September 8, 2014 S.Vagus

Three organizations will use federal funding to raise awareness of insurance among consumers Three organizations in Florida are set to receive $7 million in funding to promote health insurance among the state’s residents. The state’s insurance exchange will hold a new open enrollment period beginning in November of this year. During this period, consumers will be able to enroll for insurance coverage, some of which can be subsidized by the federal government. Awareness is currently one of the greatest challenges facing the exchange and the organizations aim to resolve this…

Thousands could lose their health insurance due to website glitches

September 1, 2014August 31, 2014 Logan B.

Federal Health Insurance Exchange website problems

Many people are in danger of losing their insurance coverage because of information discrepancies Thousands of consumers throughout the U.S. are at risk of losing their health insurance coverage due to discrepancies with the information they provided to insurance exchanges. The federal Department of Health and Human Services has been working with many people to ensure that this does not happen, but ongoing problems with state-based exchanges may be making the issue more problematic than it already is. HealthCare.gov is unable to handle consumer information Many of those that have…

Health insurance prices are falling in Arkansas

August 29, 2014August 28, 2014 S.Vagus

Policies sold through state’s insurance exchange may be less expensive next year Health insurance premiums for policies sold through state-based exchanges are expected to rise in many parts of the U.S. next year. New regulations and insurers adapting to the provisions of the Affordable Care Act are part of the reason behind growing premiums. In Arkansas, insurance premiums for policies sold through the Arkansas Healthcare Insurance Marketplace are not expected to rise. Coverage sold through the exchange next year is likely to have lower premiums than policies that went into…

Thousands may lose their health insurance later this year

August 15, 2014August 13, 2014 Marc

Inconsistent and missing information may lead to a loss of insurance coverage for thousands of people The Obama administration has announced that several thousand people could lose their health insurance coverage due to inconsistent or missing information. This effects only the policies sold through state-based insurance exchanges. These exchanges have served as a marketplace for those looking for affordable insurance coverage. While some exchanges were unable to effectively meet the needs of consumers, many others were able to provide coverage to thousands of people that had no insurance protection before.…

Arizona residents are due refunds from their health insurance providers

August 14, 2014August 12, 2014 Marc

Consumers to receive $11 million in refunds in the coming months Many Arizona residents are due to receive refunds from health insurance companies in the coming months. In compliance with federal law, some of the state’s insurance companies are returning $11 million to consumers. According to the Department of Health and Human Services, the average refund a family will receive is $51. Some 350,000 consumers throughout the state are expected to see refunds in the near future coming from their insurance providers. Insurers are unable to comply with federal health…

Health insurance companies accused of making medication too expensive for consumers

August 11, 2014August 9, 2014 S.Vagus

AIDS Institute files complaint against several large insurance companies The AIDS Institute, a non-profit and advocacy organization in the U.S., has filed a complaint with the Department of Health and Human Services. The complaint suggests that health insurance companies are making medications for HIV and AIDS prohibitively expensive for patients and exploiting some of the provisions of the Affordable Care Act. The issue itself is something that those with chronic health conditions have had to deal with for several years, as medication for such conditions are typically very expensive for…

More Californians have access to health insurance coverage than ever before

August 5, 2014August 2, 2014 Marc

Survey shows that insurance coverage is becoming more accessible The number of Californians without health insurance coverage has dropped dramatically since the state’s insurance exchange began operating in October of last year. According to a survey released by the Kaiser Family Foundation, 60% of those that did not have insurance coverage before the exchange began accepting enrollees now have insurance coverage. Those that remain uninsured may be a problematic issue to deal with, however, when the exchange begins another open enrollment period in November of this year. 80% of those…