Live Insurance News

Survey highlights consumer interest in health insurance coverage

December 16, 2013December 13, 2013 Logan B.

Some consumers may opt for fines rather than insurance Princeton Survey Research Associates has released the results of a new survey that suggests many people may be willing to pay fines rather than purchase health insurance coverage in the U.S. According to federal law, all U.S. citizens must have active health insurance policies beginning on January 1, 2014. Those failing to meet this requirement could face fines that could be as much as 1% of a person’s annual income. While the law is meant to institute financial penalties in January…

Health insurance proposals lead to NYC lawsuit

August 12, 2013August 10, 2013 H. Cutner

The Labor Committee has sued New York City in an effort to try to stop it from changing its medical benefits. The Municipal Labor Committee, a group that represents city workers, has sued New York City in an attempt to stop it from being able to move forward with a request for proposals to change the health insurance benefits that the employees will be receiving. NYC will soon be seeking a new insurer for its massive benefits plan that will require premiums to be paid by workers. In April, Deputy…

Health insurance improvements may reduce drug related deaths

August 9, 2013August 7, 2013 Julie Campbell

A new study conducted by American and Canadian researchers has provided new insight for the industry. The results of new research have just been released in Vancouver, indicating that health insurance could help to reduce the instance of deaths related to the use of opioid drugs. The reason that was found for this trend is that substitution treatment would be covered. Health insurance makes it possible for patients to be able to have coverage for methadone and other substitution treatments when they are struggling with addictions to these powerful medications.…

Health insurance coverage available in every Alabama county

July 16, 2013July 15, 2013 G. Turner

The state has announced that it will have plans available through its exchange for all of its regions. Alabama has announced that no counties will be left out of its health insurance exchange, which will be federally operated, because there have been proposed plans put forward by three different companies, two of which are willing to provide coverage to the entire state. This has left Alabama in a better situation than some of the other states located nearby. Both United Healthcare and the largest health insurance provider in the state,…

Stage set for health insurance brawl in California

June 17, 2013June 17, 2013 S.Vagus

California regulator seeks to prohibit company from state’s health insurance exchange California’s health insurance exchange, called Covered California, may be set for some controversy courtesy of Insurance Commissioner Dave Jones. Commissioner Jones has made a somewhat unexpected move and has recommended that Anthem Blue Cross, one of the largest insurance companies in California, to be prohibited from participating in Covered California. Jones suggests that the company’s practices throughout the past have made it an unqualified candidate for the health insurance exchange. Commissioner Jones calls out Anthem Blue Cross for poor…

Health insurance exchanges set for turbulent future

June 14, 2013June 12, 2013 Logan B.

Health insurance continues to be a hot topic in the US Health insurance in the U.S. is a hot topic and more attention is being driven to the issue as exchange systems begin to take form in many states. These exchanges are meant to serve as online marketplaces where consumers can find affordable health insurance coverage. There has been a great deal of controversy concerning whether these exchanges will be able to accomplish this task or not, and executives of large health insurance companies are now warning that forming exchanges…

Health insurance exchange in Arkansas draws attention of 4 insurers

June 10, 2013June 8, 2013 Logan B.

Four companies have now expressed their interest in selling policies over the state’s online marketplace. The Arkansas Insurance Department has announced that there are now four health insurance companies that intend to be able to sell their policies over the state’s exchange, which is expected to serve over 500,000 residents. The department said that the insurers submitted their letters by the deadline, which was last Monday. The department explained that the health insurance companies each met the deadline in order to indicate their interest in participating in the Arkansas exchange,…