Live Insurance News

Health insurance exchange in Maryland loses Aetna plans

August 5, 2013August 3, 2013 G. Turner

The giant insurer has announced that it is withdrawing its policies from the state marketplace. Aetna has revealed that it feels that the approved rates in Maryland are not feasible, as it scrutinizes the offerings it has across the rest of the United States, and has now canceled its intentions to sell health insurance within that state’s exchange. The marketplace is slated to open on October 1, 2013 in order to comply with the federal healthcare reforms. The intention to sell health insurance plans as a part of the new…

Health insurance deadlines for exchanges will be tight

July 2, 2013July 1, 2013 G. Turner

The dates are rapidly approaching and states and IT firms are scrambling to have everything finished in time. IT firms are in the midst of creating health insurance exchanges that are cloud based and allow for connection with both the states and a federal data hub in order to support determination of eligibility for users. However, the deadline for open enrollment is October 1, and that time is rushing up very quickly. The health insurance exchanges must be open and ready for enrollment by October 1, 2013, according to the…

Health insurance research shows Americans remain uncertain as deadline approaches

June 7, 2013March 1, 2014 G. Turner

A new phone survey has indicated that the majority of adults in the U.S. are undecided about their future coverage. According to one of the latest studies conducted by Princeton Survey Research Associates International, the majority of Americans haven’t yet decided whether they will be purchasing health insurance in order to comply with the Affordable Care Act’s individual mandate, or whether they would prefer to pay a penalty. The poll also indicated that in May, there remained a considerable amount of confusion about individual requirements. The team at Princeton Survey…

Health insurance exchange in California awards grants worth $37 million

May 17, 2013May 25, 2013 G. Turner

There have been 48 grants for 16 winners whose names have now been announced in the state. The Sacramento Employment and Training Agency, and the UC Davis Center for Reducing Health Disparities has joined a list of nearly fifty other organizations that are the recipients of a total of $37 million in grants from the health insurance exchange in California. This was a part of an education and outreach grant program by Covered California. There were a total of 16 winners of the grants that totaled millions of dollars from…

Health insurance exchanges still causing confusion among consumers

May 1, 2013April 29, 2013 G. Turner

Officials and governments are struggling to provide the public with the information it needs about the marketplace. State government, healthcare, and health insurance officials are facing a considerable struggle to provide consumers with the education that they need regarding the requirements of the Affordable Care Act and the way in which the exchanges will be used when they open in October of this year. Millions of Americans will be using these marketplaces to shop for their coverage plans. These plans will be necessary to conform to the individual mandate, which…

Insurance news made by worker benefits study

April 30, 2013April 29, 2013 G. Turner

Research shows that 89 percent of employees select the same coverage options every year. According to the results of a recent survey which are making insurance news, 54 percent of workers in the United States would opt not to gain greater control over their health plan options because they feel overwhelmed by the requirement to make this type of decision. The survey was conducted online with the participation of thousands of decision makers and workers. This was the third annual Aflac WorkForces Report and it has been making insurance news…

Health insurance plans rarely meet the minimum exchange requirements

April 5, 2013April 3, 2013 G. Turner

A recent study has shown that the majority of policies aren’t up to the minimums of the federal law. Individuals and families that are already purchasing their own health insurance plans will likely want to pay attention to the latest news that has been released following a study at the University of Chicago. It determined that most plans aren’t up to the quality required by the federal healthcare overhaul. This will mean that even some individuals who have already purchased their own health insurance coverage will need to change their…