Federal health insurance exchanges break previous enrollment records

President Obama health insurance

According to President Obama’s recent announcement, the marketplaces have seen 6 million applications. At the close of last week, President Obama announced that there had already been almost 6 million enrollments in the federal health exchanges in order to purchase coverage through health plans that would be effective in 2016. Officials from the Obama administration believe that this trend is a true indicator of the success of the Affordable Care Act. Analysts had expressed some worry over increased deductibles and premiums. They were concerned that this might present a barrier…

Read More

Federal health insurance exchange opened for previews yesterday

Health Insurance exchange marketplaces

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…

Read More

Federal health insurance exchange enrollment tally passes 1.1 million

Health Insurance exchange

A massive surge of signups in December and the improved website have brought the marketplace’s numbers up. When the federal health insurance exchange finally got its website up and running smoothly at the end of November, it opened the door for Americans to finally be able to sign up for the plans that they needed in order to comply with the individual mandate of the Affordable Care Act, and the people came in droves to do just that. The Obama Administration has revealed that the site has now enrolled 1.1…

Read More

Healthcare reform insurance deadline will be met, says HHS

healthcare reform deadline

The department has vowed that it will be prepared for the start of the insurance plans on January 1. The Department of Health and Human Services has announced that the HealthCare.gov website will be able to handle the volume of visitors that will be required to head to the site on or before December 23, 2013, in order to meet that healthcare reform deadline for purchasing coverage to ensure that the plans will be active by January 1. By noon on Monday, the site had already experienced 165,000 visitors to…

Read More

Health insurance exchanges may fall short on enrollment

Health Insurance exchange marketplaces

Exchanges continue to struggle with technical problems Ongoing problems with the federal insurance exchange network in the U.S. may mean that the enrollment goals for HealthCare.gov may be impossible to meet. Exchanges throughout the country began operation on October 1, 2013, but relatively few people have been able to apply for coverage through exchanges managed by the federal government. Severe technical issues crippled HealthCare.gov in its early weeks, making it impossible for many people to apply for health insurance coverage through the federal exchange network. Agency lowers estimates concerning enrollment…

Read More

Federal health insurance exchange website experiences shutdown over critical weekend

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…

Read More

WellPoint purchases stake in private health insurance exchange

WellPoint Inc., along with two non-profit insurance companies, has obtained the majority stake in a private health insurance exchange based in Minneapolis, Minnesota. The exchange, called Bloom Health Corp., was founded in 2009 and has helped employers in the state find insurance plans that are right for their business and employees. The exchange is one of the first in the country to see any degree of success and has become something of a standard by which other insurance exchanges can be modeled after. WellPoint, Health Care Service Corp. and Blue…

Read More