Tag: health plans

Michigan health insurance premiums are getting cheaper

H. Cutner
michigan health insurance

While rates have been on the rise across the country, residents of this state are staying affordable. According to the results of a recent study, Michigan health insurance rates are actually going to experience a small decrease in 2017, despite the fact that many other states across the country are watching their premiums grow increasingly expensive. This year has been relatively volatile in the ACA’s insurance exchanges, but that is not the case in Michigan. The Michigan health insurance premiums are not only remaining below the national average, but they…

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Health insurance companies are withdrawing from many U.S. markets

G. Turner
health insurance company online exchange

A number of insurers have been stepping out of a number of areas they have deemed to be unprofitable. The Affordable Care Act may be experiencing a shift in the health insurance companies that are continuing to participate in some marketplaces next year, particularly when it comes to those selling plans in rural areas. This may leave the residents of certain areas with health plan options from a single insurance company in 2017. According to state regulators, the online insurance exchanges that are central to the ACA in Alaska and…

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Will California pass a health insurance bill for undocumented immigrants?

Julie Campbell
teamwork undocumented immigrant california health care reform bill

The state recently introduced the measure to request permission from the federal government. California legislators are currently facing a controversial health insurance bill that would request permission from the federal government to allow the state to be able to sell coverage over its official exchange, Covered California, to people who are unable to prove that their residence in the country is a legal one. The Assembly Health Committee democrats already gave their approval to SB20 last Tuesday. The proposal of the health insurance bill was first put forward by Senator…

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Health insurance plans to be rated based on size of network

Julie Campbell
health insurance exchange

The Obama administration will now use the number of included doctors and hospitals in the ratings. In response to complaints from consumers with respect to the way health insurance plans are rated on the exchanges, the Obama administration has now said that it will provide a rating for each plan based on the number of hospitals and doctors that are included within that plan’s network. Equally, there will also be an increase to the maximum annual out-of-pocket amount that consumers can pay. For individuals, the maximum out-of-pocket expenses for health…

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Obamacare boosts health insurance coverage by 20 million

G. Turner
President Obama health insurance Obamacare

President Barack Obama has announced that the uninsured rate among Americans has reached record lows. Obamacare has been a law for six years now, and during that time, 20 million people under the age of 65 have obtained some level of coverage, brining the rate of uninsured Americans down to a low that has never seen before in the country. The latest data from the Obama administration shows 2.4 million more people became insured since the fall. The speech was given by the president while he was in Milwaukee, where…

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New health insurance option may be coming to Wyoming

S.Vagus
Wyoming Health Insurance

Wyoming may study the financial impact of opening up the state’s insurance plan to residents Those living in Wyoming may have a new option when it comes to health insurance coverage. The Wyoming Department of Health may study the possibility of allowing all those living in the state to join its existing insurance plan. The state’s Joint Appropriations Committee has approved to add the study to a two-year budget legislation that has been introduced. Lawmakers want to task the Department of Health with building a report concerning the financial impact…

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Alaska health insurance regulators hope to assuage fears following Moda’s exit

Julie Campbell
Alaska health insurance

These officials are working with lawmakers, the governor’s office and others to draw a new insurer. Regulators for the Alaska health insurance industry have said that they will be working with the congressional delegation in the state, in addition to the state’s lawmakers and the governor’s office. Their goal is to make sure health insurance companies see the appeal of returning to the state. This action from the Alaska health insurance regulators has arrived on the heels of an announcement that Moda Health Plan has been suspended from being able…

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