Live Insurance News

Insurance industry in Hawaii faces change as exchange head steps down

November 26, 2013November 25, 2013 Julie Campbell

Hawaii long term care insurance industry

The executive director of the online health plan marketplace has announced her resignation. Just as the Hawaii Health Connector exchange was getting off the ground, the insurance industry in the state has received word that it will be experiencing yet another considerable change, when the head of the program announced that she would resigning. The exchange has experienced massive delays, as has been the case with many of the marketplaces in the U.S. Coral Andrews, the director who was at the head of the Hawaii Health Connector for the last…

Insurance news from California shows ruling on Obama healthcare fix

November 25, 2013November 25, 2013 G. Turner

The president met with the state commissioner and the state has since refused the suggested patch. At the end of last week, California made insurance news by adding itself to the states that are refusing the fix recommended by President Obama that would allow Americans to be able to maintain their present health plans that have benefits that are too low to comply with the healthcare reforms. These plans would be permitted for another year, if their policyholders wish to maintain them. This insurance news from California means that two…

Nevadans caught in health insurance limbo

November 25, 2013November 25, 2013 S.Vagus

Nevada health insurance commissioner State Legislature Building

Some 25,000 in Nevada receive health insurance cancellation notices Many consumers in Nevada are currently in a state of limbo concerning their health insurance coverage. Approximately 25,000 people throughout the state have received cancellation notices from their insurance providers, but whether or not these cancellations will actually occur is still up for debate. Policyholders are currently waiting on state officials to determine if these cancellations will bear any weight and whether health insurance plans that do not comply with federal standards should be allowed to remain active. Regulatory shift could…

Healthcare reforms continue to be made as HHS delays enrollment deadline

November 25, 2013November 25, 2013 Julie Campbell

Consumers who shop for their coverage using the federal exchange will now have another week. Americans who are shopping around for health insurance through the use of the federal exchange website will now be provided with an extension on the previous deadline, as new healthcare reforms have granted them until December 23 in order to sign up on the site and obtain the benefits required to comply with the individual mandate starting on January 1, 2014. This, according to an announcement recently made by the Department of Health and Human…

Insurance news made as D.C. replaces its ousted commissioner

November 19, 2013November 18, 2013 H. Cutner

After the sudden firing of the official in the District of Columbia, a new acting commissioner has been named. Following the surprising insurance news that occurred when William P. White, the previous commissioner in Washington D.C., was ousted, a new acting commissioner has now been named. This naming has occurred only days after the firing of the previous official. White was removed from his position the day after President Obama made his announcement of the fix that was going to be put into place for the problem regarding the cancelled…

Obama announces policy rollback concerning health insurance plans

November 18, 2013November 18, 2013 Marc

Federal health insurance policy shifts Many health insurance plans in the U.S. are set to be canceled by January of 2014. These policies do not comply with the standards established by the Affordable Care Act and, as such, cannot remain active. Unfortunately, this means that those who have had their policies cancelled must purchase new policies in order to comply with federally mandated insurance coverage. This has caused significant controversy and has placed a great deal of pressure on President Barack Obama, who may have a plan to resolve the…

Health insurance policyholders gain a reprieve in California

November 15, 2013November 12, 2013 Nordstrom

Health insurance cancellations continue to spark controversy The cancellation of health insurance policies throughout the U.S. has sparked serious controversy in recent weeks. Many insurers throughout the country have plans to cancel policies, preventing policyholders from renewing their policies on January 1, 2014. Insurers are cancelling policies that do not comply with the standards established by the Affordable Care Act. Those whose policies have been cancelled will be forced to purchase new health insurance coverage either from private companies or from state-based insurance exchanges. Anthem Blue Cross decides to extend…