Live Insurance News

20 million people have received health insurance through the Affordable Care Act

March 11, 2016March 10, 2016 S.Vagus

Health care reform has made insurance coverage more accessible An estimated 20 million people in the United States have managed to acquire health insurance coverage since the passage of the Affordable Care Act in 2010, according to a new report from the Department of Health and Human Services. Over the past few years, the health care reform law has been subject to harsh criticism, with opponents of the legislation threatening to repeal the law in favor of a different solution. The Obama Administration, however, notes that more people have access…

Millions of employees find health insurance through exchanges

January 25, 2016January 24, 2016 S.Vagus

Accenture report shows that 8 million employees have acquired coverage for 2016 A new report from Accenture shows that health insurance coverage has become more available for many employees in the United States. The report has found that the number of employees using health insurance exchanges to find coverage reached 8 million for 2016 coverage. This is an increase from the 6 million employees that sought health insurance policies through exchanges for 2015 coverage. Many employers are finding it easier to provide their workers with benefits through insurance exchanges. Mid-sized…

Growth of health insurance in the US stalled in 2015

January 11, 2016January 10, 2016 S.Vagus

Efforts to reduce the country’s uninsured population began to slow significantly in 2015 Health insurance has expanded in the United States, with the Obama Administration noting that some 11.3 million people have enrolled for coverage through exchanges throughout the country. Efforts to reduce the country’s uninsured population may not be going smoothly, however. The recent Gallup-Healthways Well-Being Index found that reducing the uninsured rate among adults stalled in 2015. This has raised concerns that the Affordable Care Act may not be having the impact that President Barack Obama had intended.…

HHS announces that 8.2 million people have acquired health insurance during open enrollment period

December 29, 2015December 27, 2015 Logan B.

HHS data shows that millions of consumers have acquired coverage through HealthCare.gov The U.S. Department of Health and Human Services (HHS) has announced that as many as 8.2 million people have signed up for health insurance coverage through HealthCare.gov. Of these, 2.1 million were below the age of 35, which has become one of the most sought after demographics for the insurance industry. This is significantly higher than the estimated 6.4 million people who used HealthCare.gov during last year’s open enrollment period. Majority of consumers receive coverage through federal exchanges…

Federal health insurance exchanges break previous enrollment records

December 21, 2015December 20, 2015 G. Turner

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…

Aetna and Anthem show faith in health insurance exchanges

November 27, 2015November 25, 2015 Nordstrom

Insurers see promise in exchange marketplaces throughout the United States Amidst concerns that health insurance exchanges in the United States may be bad marketplaces for insurers, Aetna and Anthem have begun working to reassure investors that this is not the case. Recently, many insurers have been reporting losses due to their participation in insurance exchanges. These losses have lead UnitedHealth, the country’s largest health insurance provider, to exit from all exchanges throughout the country. This has caused a great deal of worry for those receiving coverage through exchanges as well…

Fraud is delivering a blow to health insurance exchanges in the US

November 25, 2015November 24, 2015 Marc

Health insurance exchanges are working to fight fraud Fraud in health insurance exchanges throughout the United States may draw more criticism toward the Affordable Care Act. The federal health care reform law was meant to bring health insurance coverage to millions of people through the establishment of exchange marketplaces. While the law has succeeded in this endeavor, these exchanges are struggling to combat fraud coming from those that want coverage and want to take advantage of the electronic system governing these exchanges. Brokers are using fictitious information to enroll individuals…