Live Insurance News

Texas sees an increase in those enrolling in health insurance exchange

January 6, 2016January 5, 2016 S.Vagus

HHS finds that 56,000 people have enrolled in federal insurance exchange last week The number of Texas residents enrolling for health insurance coverage through the state’s exchange has grown last week. The Department of Health and Human Services recently released a report showing that some 56,000 people have enrolled for coverage in Texas through HealthCare.gov as of last week, bringing the total number of Texans signing up with the exchange to approximately 1.1 million. Despite the growth, enrollment in Texas has lagged behind that being seen in other states. Many…

HHS announces that 8.2 million people have acquired health insurance during open enrollment period

December 29, 2015December 27, 2015 Logan B.

HHS data shows that millions of consumers have acquired coverage through HealthCare.gov The U.S. Department of Health and Human Services (HHS) has announced that as many as 8.2 million people have signed up for health insurance coverage through HealthCare.gov. Of these, 2.1 million were below the age of 35, which has become one of the most sought after demographics for the insurance industry. This is significantly higher than the estimated 6.4 million people who used HealthCare.gov during last year’s open enrollment period. Majority of consumers receive coverage through federal exchanges…

50,000 Kansas residents sign up for health insurance coverage through exchange

December 24, 2015December 21, 2015 Logan B.

HHS shows that thousands of consumers have managed to find coverage through federal insurance exchange The U.S. Department of Health and Human Services has reported that some 50,000 Kansas residents have signed up for health insurance coverage through the state’s exchange as of December 12. The state’s exchange is managed by the federal government, as are most exchanges operating in the United States. Consumers can access the exchange through HealthCare.gov, which was recently revamped to provide better service to consumers that need to purchase insurance coverage. Open enrollment is set…

Auto insurance premiums continue to rise in the U.S.

December 24, 2015December 21, 2015 Nordstrom

Falling gas prices bring more drivers to the roads Auto insurance premiums are on the rise in the United States, and this may be due to falling gas prices. Global oil prices have been falling, which has resulted in lower gas prices for drivers in the U.S. As such, many consumers have been traveling more frequently. According to the Maine Turnpike Authority, some 16 million cars passed through tolls this year, which is the highest number of vehicles passing through tolls that the organization has ever recorded. More drivers on…

Report shows Texas is lagging behind in bringing health insurance to consumers

December 23, 2015December 21, 2015 S.Vagus

New report highlights the fact that Texas is falling behind the rest of the country when it comes to reducing the uninsured population Rice University’s Baker Institute for Public Policy and the Episcopal Health Foundation have released a new report that shows that the number of those without health insurance in the United States has dropped considerably between 2013 and 2015. Notably, however, Texas is lagging behind when it comes to decreasing its uninsured population. The report shows that, across the U.S., the number of uninsured consumers dropped nearly twice…

New legislation could have an impact on health insurance for public workers in Wisconsin

December 22, 2015December 20, 2015 Logan B.

Governor Walker signs new legislation to provide budget committee with greater oversight Wisconsin Governor Scott Walker has signed new legislation that will allow the state’s Legislature’s budget committee to have oversight over any contract that will move public health workers into a self-insurance system. A self-insurance system is one in which an employer assumes the financial risks associated with providing health insurance coverage to workers. Such systems are relatively popular among businesses in the United States, especially in the public sector. New legislation may have an impact on 240,000 public…

Health insurance enrollment deadline extended in Minnesota

December 18, 2015December 16, 2015 Marc

Minnesota residents will have more time to enroll for insurance coverage Residents of Minnesota now have more time to ensure that their health insurance policies will be active at the beginning of 2016. The state’s insurance exchange, called MNsure, has managed to make health insurance coverage more accessible to thousands of consumers throughout the state. The open enrollment period will run until the end of January, 2016, but consumers must have active insurance on January 1 or they will face fines from the federal government. Consumers can enroll for coverage…