Thousands could lose their health insurance by year’s end

bills health insurance coverage rates

Substandard insurance policies throughout the US are expected to be cancelled at the end of the year Thousands of people throughout the U.S. will be losing their health insurance coverage at the end of the year. Those that are losing their coverage have substandard policies that do not comply with federal regulations. These policies were initially meant to expire at the beginning of the year, but were granted a reprieve by the federal government. This reprieve is coming to an end and consumers may be forced to find new policies…

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Insurance technology cripples Maryland insurance exchange

maryland health insurance technology

State works to build a new, more effective exchange for its residents Maryland is taking steps to rebuild its flawed health insurance exchange, but the state is on a strict timeline, which leaves little to no room for any errors in the endeavor. The state has been tasked to reform its exchange after it failed to achieve its enrollment goals and was plagued by severe difficulties with the technology it used. Currently, the effort is not being endorsed by the federal government, which would rather take over the exchange itself,…

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Oregon health insurance exchange may be seized by the federal government

Oregon Health Insurance technology

Federal government may take control of Cover Oregon in order to fix it The federal government is preparing to take over the health insurance exchange of Oregon. Cover Oregon is one of the few state-operated exchanges currently in existence in the U.S., as most states have opted to allow the federal government to manage their exchanges. Federal exchanges have experienced major technical problems that have made it difficult for people throughout the country to sign up for insurance coverage, but some state-run exchanges have managed to avoid these problems. This…

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Aetna pulls out of New Jersey health insurance exchange

New Jersey Health Insurance

Company opts to not participate in state health insurance exchange Aetna, one of the largest health insurance companies in the U.S., has announced that it will not be participating in the New Jersey health insurance exchange. The exchange is set to begin open enrollment on October 1 this year, and is meant to provide consumers with access to affordable health insurance plans. Aetna was expected to be a prominent participant in the exchange, but disagreements with state officials may have discouraged the company from participating in the state’s exchange. Aetna…

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Maryland launches marketing campaign for health insurance exchange

Maryland Insurance

Campaign highlights services of state’s health insurance exchange Maryland has launched an aggressive marketing campaign to raise awareness of its health insurance exchange. The exchange will begin open enrollment in October of this year, but many residents remain unaware of the services they can find through the state-based marketplace. Moreover, many people in the state have expressed confusion concerning the other aspects of the federal Affordable Care Act and how it may impact their lives. Maryland officials believe that the new marketing campaign will help dispel this confusion and boost…

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Aetna backs out of Georgia health insurance exchange

Georgia Health Insurance exchange

Aetna and Coventry pull out of state health insurance exchange Aetna, one of the largest health insurance providers in the U.S., has dropped out of Georgia’s health insurance exchange. The insurer is also taking its recently acquired subsidiary, Coventry, out of the state’s insurance exchange as well. With the two companies leaving the exchange, five insurers remain to offer coverage through the state’s exchange program. While the insurers will not be participating in the exchange, they will still be offering coverage beyond the confines of the program. Federal law seeds…

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Health insurance rates are dropping in the US

Health Insurance navigators

Health insurance exchanges cause a drop in coverage costs As health insurance exchanges begin to take form throughout the U.S., these organizations are announcing that rates for coverage will be considerably lower than expected in many parts of the country. These exchanges are meant to begin open enrollment nationwide beginning in October of this year, with the policies they sell going active on January 1, 2014. Critics of the Affordable Care Act had warned that health insurance rates would skyrocket due to the federal law, but exchanges are beginning to…

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