That said, officials are insisting that the federal exchange site will be smoothly operational by the end of the month. The insurance exchange portion of the healthcare reforms has not experienced the strongest introduction to the American public, as the federal website has seen nothing but outages and errors, but the officials from the Obama administration are still certain that the site will be back on track by November’s end. The fixes have been delayed by the outages that the site has experienced, but they are moving ahead. Though the…
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Health insurance mandate penalty may be vastly misunderstood
Federal law places a penalty on those without health insurance coverage The health insurance mandate of the U.S. Affordable Care Act has become one of the more controversial aspects of the federal law. According to the law, all U.S. citizens must have active health insurance coverage beginning on January 1, 2014. Failure to comply with the mandate could mean facing a tax penalty issued by the Internal Revenue Service (IRS). These penalties will not actually be issued until March 31, 2014, when the open enrollment period for health insurance exchanges…
Read MoreHealthcare reforms official apology issued by Sebelius
The lead official from the Department of Health and Human Services spoke about the website “debacle”. The top health official under President Barack Obama, Kathleen Sebelius, has now released an official apology for what has been a “debacle” of a rollout of the federal government’s website that was designed to be a part of the heart of the healthcare reforms. Sebelius acknowledged that the launch of the website was botched, but shared the blame. Sebelius, the Secretary of the Department of Health and Human Services, testified that while she admits…
Read MoreCompetition begins heating up in the health insurance sector
Health insurance exchanges are boosting competition Health insurance exchanges throughout the U.S. have encountered many problems over the past month. When open enrollment began, exchange websites were flooded with traffic, leading to capacity problems and technical glitches with many exchange systems. In the weeks that followed, many state-based exchanges were able to overcome these issues, though technical difficulties still plagued the healthcare.gov website and enrollment system. As health insurance exchanges have begun growing more capable of handling demand, they are beginning to accomplish one of their primary goals: Increase competition…
Read MoreHealthcare reforms with greatest simplicity proving most successful
The states that began at the smallest levels for their exchanges are the ones winning the most so far. The federal healthcare reforms may have been experiencing a lot of hiccups over the last three weeks in getting the health insurance exchanges off the ground, but what has been discovered is that among all of these online marketplaces, it is those that have started small that appear to be running the most smoothly out of the gate. With every passing day, the sites are doing a little bit better as…
Read MoreConsumers may require guidance when it comes to health insurance exchanges
Confusion remains a prevalent problem when it comes to health insurance exchanges The University of Iowa’s Public Policy Center and College of Health have released the results of survey concerning the state’s health insurance exchange. The state’s exchange has become quite popular among consumers looking to find affordable health insurance policies, but the exchange’s website has fallen victim to numerous technical problems that have prevented many from finding the coverage they are interested in. According to the survey, technical problems are only one issue that consumers are facing. Survey shows…
Read MoreOver 476,000 apply for health insurance coverage in the US
Administration releases information concerning health insurance applications The Obama Administration has released information concerning enrollment in health insurance exchange initiatives throughout the country. These exchanges were opened to the public on October 1, but many were plagued by severe technical difficulties that prevented people from applying for health insurance coverage. Over the past two weeks, states have been working to rectify the problems with their health insurance exchange sites and many have managed to resolve the glitches that had prevented consumers from using the sites effectively. Consumers flock to exchanges According to…
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