The three companies are entering into a partnership to address medical care issues for their US employees. Amazon, JPMorgan Chase and Berkshire Hathaway have announced that they will be working together to discover ways to improve American health care for their U.S. employees. The goal will be to boost their worker satisfaction while lowering costs related to illness and care. The three giants will be looking to offer better American health care to their employees by way of an independent company. That firm will be free from incentives and restrictions…
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Federal health insurance exchange enrollment grows
Enrollment through HealthCare.gov is growing quickly The federal health insurance exchange in the U.S. has been crippled by a range of technical problems that have kept many people from accessing insurance services through HealthCare.gov. The insurance gateway opened on October 1 of 2013, but relatively few people were able to enroll for coverage because of problems concerning the exchange’s structure. The federal government has been working to address these issues and ensure that consumers can access insurance services through federal exchanges and these efforts may finally be paying off. 1…
Read MoreFederal health insurance exchange enrollment tally passes 1.1 million
A massive surge of signups in December and the improved website have brought the marketplace’s numbers up. When the federal health insurance exchange finally got its website up and running smoothly at the end of November, it opened the door for Americans to finally be able to sign up for the plans that they needed in order to comply with the individual mandate of the Affordable Care Act, and the people came in droves to do just that. The Obama Administration has revealed that the site has now enrolled 1.1…
Read MoreHealth insurance problems could cause coverage shortfalls
Glitches may mean that certain insurance policies will not become active as scheduled The U.S. Centers for Medicare and Medicaid Services has announced that many people that have signed up for health insurance coverage through the federal HealthCare.gov portal may not actually be covered when the New Year starts. People throughout the U.S. have been trying to sign up for coverage through the federal insurance exchange but have been unable to due to technical problems. While the federal government is busy working to resolve these issues, those that did manage…
Read MoreFederal health insurance exchange website experiences shutdown over critical weekend
The HealthCare.gov site went down for a considerable amount of time on Saturday morning. Only hours before the deadline imposed by the Obama administration, itself, for having the federal health insurance exchange website up and running for the “vast majority” of the people who want to use, it the site went down for a huge amount of time early in the morning on Saturday. The official report said that the site was being taken down deliberately for 11 hours. The Centers for Medicare and Medicaid Services took the federal health…
Read MoreHealth insurance costs in U.S. are lower than anticipated
Forecasts are beginning to show that the costs of the coverage aren’t as high as predicted. According to data from the Department of Health and Human Services, the cost of health insurance is considerably lower than it anticipated for small businesses and consumers, as the healthcare exchanges start to come together. This is promising news for President Obama and his supporters, as the exchanges are the heart of his signature law. The health insurance exchanges in each state are central to the Patient Protection and Affordable Care Act. Their ultimate…
Read MoreHealthcare study identifies possible savings of $2 trillion over 10 years
The researchers are now calling for a new spending target that may be highly effective. According to a study that was just released on Thursday, the United States would be able to save $2 trillion from its spending on the healthcare system over the next 10 years if the federal government would help to influence the rapidly increasing costs in both the public and private sectors, so that they would more effectively align with economic growth. The study was conducted by the Commonwealth Fund, a nonpartisan group. In the report…
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