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UnitedHealth is abandoning health insurance exchanges throughout the US

November 24, 2015November 22, 2015 Logan B.

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UnitedHealth sees major losses through participation in insurance exchanges UnitedHealth, the largest health insurance provider in the United States, has been suffering major losses by participating in insurance exchanges. These losses are also due to the provisions of the Affordable Care Act, which has pushed the insurer from exiting from exchanges entirely. Last month, the insurer has sounded somewhat optimistic concerning its performance in the exchanges, but now sees these marketplaces as a detriment to its business. Insurers are beginning to express doubts that exchanges are viable In the early…

Health insurance premiums for HealthCare.gov policies are set to rise

November 23, 2015November 22, 2015 S.Vagus

Insurance premiums for HealthCare.gov policies to rise by an average of 15% next year Those with health insurance coverage through HealthCare.gov are likely to see higher premiums next year unless they switch policies, according to a report from Kaiser Family Foundation. Consumers with insurance coverage through the federal exchange marketplace have been encouraged to shop around for new policies, as this would allow them to save some money. On average, Kaiser predicts that those not shopping around for different policies will see an increase in their premiums of approximately 15%.…

Montana residents save $1.5 million by shopping around for health insurance policies

November 12, 2015November 11, 2015 Logan B.

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HHS report shows that consumers are saving money by shopping around for coverage Many residents of Montana have saved money by shopping around for health insurance coverage, according to a new report from the Department of Health and Human Services. The federal agency recently urged consumers throughout the country to shop around for coverage. The agency suggested that many consumers may be paying too much for their insurance coverage, largely because they are unwilling to shop around and consider new options. In Montana, many consumers took this urging to heart,…

Consumers with health insurance are still avoiding medical care

November 11, 2015October 26, 2020 Marc

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Survey finds that consumers are turning to emergency rooms in order to avoid high health care costs Health insurance premiums are on the rise in the United States and many consumers are beginning to avoid medical care as a result. A new survey from the American College of Emergency Physicians has found that patients are avoiding medical services because of high health care costs. As a result, more of these people are ending up in the emergency room because they are ignoring serious conditions that may be putting their lives…

Consumers may need to shop around to find the best deal on their health insurance coverage

November 6, 2015November 4, 2015 Marc

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Insurance premiums are growing and consumers may be paying too much if they stick with their current policies With health insurance exchanges now open for business throughout the United States, consumers are being urged to shop around for the insurance coverage that they need. Insurers offering policies through exchanges will be increasing premiums for 2016 coverage. Some will be doing so by a significant margin, while others will be raising premiums by a modest degree. In order to find the best coverage at affordable rates, Sylvia Burwell, secretary of the…

Health insurance may be a costly burden for consumers in Idaho

November 6, 2015November 4, 2015 S.Vagus

Open enrollment begins and health insurance premiums are on the rise Open enrollment has begun in Idaho and throughout the United States. Your Health Idaho, the state’s health insurance exchange, has begun offering policies for those looking for coverage. Consumers will be able to use the exchange to renew the policies they purchased through the exchange during the last enrollment period and they will be able to find new policies as well. The issue, however, is that health insurance premiums are on the rise, which may become a problem for…

Number of health insurance policies available through HealthCare.gov is falling

November 4, 2015November 3, 2015 Marc

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Fewer policies will be available through the federal health insurance gateway Those seeking out health insurance coverage through the HealthCare.gov site may find that fewer policies are available to them this year. HealthCare.gov, the federal insurance exchange gateway, will begin offering services in November, with consumers being able to enroll for coverage and find policies that they are interested in. The federal government has been working to improve the site for some time in order to ensure that consumers will be able to find the coverage that they need. Average…