Live Insurance News

Federal health insurance exchange opened for previews yesterday

October 26, 2015October 25, 2015 G. Turner

Over the weekend, the marketplace website opened its doors for window shoppers to have a look. Consumers living in the 38 states that are served by the federal health insurance exchange are now able to have an advance look at how the website works and what it will have to offer when the open enrollment period begins with the start of November. This will allow them to get a feel for the new site’s navigation and calculate what out of pocket costs would be. Officials from the Department of Health…

Health insurance exchange deadline approaches

March 15, 2014March 15, 2014 Note From The Editor

As deadline looms, acquiring insurance coverage is becoming more important The time is coming when the open enrollment period for insurance exchanges in the U.S. will no longer accept new enrollees. The open enrollment period ends on March 31 and many people throughout the country have begun scrambling to enroll for coverage through both state-run and federal exchanges before then. Exchanges offer services that cannot be found in the private market, such as offering access to subsidies from the federal government that are meant to offset, if not eliminate, the…

Health insurance exchanges have yet to scoop up the uninsured

March 10, 2014March 8, 2014 H. Cutner

Two surveys have revealed that Americans without coverage aren’t flocking to the marketplaces. With the end of open enrollment on March 31 drawing rapidly near, surveys are now revealing that the health insurance exchanges aren’t yet enrolling the number of uninsured Americans that would be necessary to consider the health care reform a roaring success. The first survey suggested that only 1 in 10 uninsured individuals have completed their private plan enrollment. Although these online health insurance marketplaces are now seeing consistent use, they are not drawing the number of…

New legislation could impact health insurance in Kansas

March 4, 2014March 1, 2014 Logan B.

Legislation seeks to place federal funding under the control of the state Legislature and governor New legislation is being considered in the Kansas Legislature and it may create some problems for people seeking financial aid for their health insurance coverage. The legislation aims to place all funding provided by the federal government for health care services under the control of the state’s lawmakers and governor. Insurance Commissioner Sandy Praeger has warned Kansas residents that the legislation could make it much more difficult for them to receive the federal financial aid…

Health insurance: the most and least expensive U.S. markets

February 20, 2014February 17, 2014 H. Cutner

health insurance rates highest and lowest

The cost associated with buying coverage varies widely across the country. Although the health care reform included the development and implementation of exchanges that were designed to allow consumers to be able to compare and purchase the right health insurance at the most affordable price, the varying cost of coverage across the country has remained as present as it ever was. Depending where the plans are being purchased, policyholders may find themselves paying more or less. There are many different factors that are considered when it comes to calculating health…

Health care reform draw enrollees over 45 years old

January 16, 2014January 14, 2014 G. Turner

Newly released records have shown that most of the signups for insurance coverage are over that age. Among all of the 2.2 million people who have purchased insurance on the federal and state exchanges as per the requirements of the health care reform during the last three months, over half are in the age group of 45 years or older. Should this health insurance enrollment trend continue, it could throw the figures off the predictions. The health care reform forecasts were based on a much larger participation from individuals in…

Health insurance plans purchased by over one million Americans

December 24, 2013December 21, 2013 G. Turner

According to Obama, much of this figure came from the over 500,000 who signed up on the federal site this month. According to a statement made by President Barack Obama, over one million people have now purchased their health insurance plans on the exchanges across the country, with over half of that number coming from the federal HealthCare.gov website, throughout the month of December. Despite a very rocky start, it does look as though enrollment has considerably picked up. The president revealed hints at these figures that had been tightly…