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Big Changes Proposed for 2016 Open Enrollment

Consumers saved $1 billion in premiums last year, thanks to rates being more affordable than first predicted.
November 26th, 2014

This year, consumers who purchased a PPACA plan during the first open enrollment may be automatically re-enrolled in the same plan – possibly facing steep premium increases. But in 2016, health officials may be authorized to enroll those who don’t change their coverage into cheaper plans. The Centers for Medicare and Medicaid Services released the [...]

New Study: Over 1.2 Million Veterans Are Uninsured

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November 25th, 2014

A study published in The Lancet reveals a little-known issue: over a million U.S. veterans have no health insurance coverage. Many assume veterans automatically receive health insurance through the Veterans Administration. However, this isn’t the case, the authors of the study, Dr. Dave Chokshi of NYU Langone Medical Center and Dr. Benjamin Sommers of the [...]

House Republicans Sue over ACA Enactment

Many people who aren't insured still aren't aware that there's a law requiring them to buy health coverage, according to a new poll.
November 24th, 2014

Just weeks after the congressional elections, the GOP has launched another attack on the ACA. House Republicans sued the Obama administration on Friday over the execution of the health care law, arguing the president overstepped his legal authority in carrying out the program. Republican lawmakers filed the lawsuit in federal district court in Washington D.C. [...]

Premiums Rise for Most Popular Exchange Plans

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November 21st, 2014

Consumers renewing their exchange plan coverage may be in for quite a sticker shock. According to recent analysis by Alavere Health, the most popular exchange plans –silver—increased premiums by 10 percent on average in 2015. This is bad news for the cost-conscious shopper. The health consulting firm found that 28 percent of all exchange enrollees [...]

Carrier Satisfaction Dips Among Health Insurance Consumers

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November 20th, 2014

Health insurance providers face an uphill battle when it keeping customers happy. A new study finds that carriers have hit a 10-year low in consumer satisfaction, ranking as the fourth least-liked industry. Only airlines, cable companies, and internet services providers ranked lower. After surveying 7,000 consumers, the American Consumer Satisfaction Index found that customer satisfaction [...]

Feds Extend PPACA Health Plan Report Deadline

Consumers saved $1 billion in premiums last year, thanks to rates being more affordable than first predicted.
November 19th, 2014

Insurers and employers will have an extra three weeks to send in their health plan enrollee counts. The Center for Consumer Information & Insurance Oversight (CCIIO) is extending the due date for annual enrollment count reports for the PPACA reinsurance program to 11:59 p.m. on December 5. The previous deadline was November 15. Under the [...]

One-Third of Uninsureds Plan to Pay Fine, Gallup Poll Finds

About 23 million people are expected to be uninsured in 2023, down from 46 million in 2012.
November 18th, 2014

Uninsureds may be a tricky demographic to capture this open enrollment, but educating consumers is the key to selling more health insurance plans. A new Gallup poll reveals that about 35 percent of those without health insurance plan to pay a fine instead of purchasing coverage. The number of people forgoing health insurance under the [...]

Health Insurance Marketplace Opens with 100,000 Applications

HealthCare.gov has cost about $2.1 billion to maintain, according to new analysis.
November 17th, 2014

The 2015 Open Enrollment period began on Saturday with 100,000 people submitting applications, U.S. health secretary Sylvia Mathews Burwell reported. Yesterday, 500,000 visitors logged onto the site. No technical problems were reported in the first 24 hours, which is a dramatic improvement from last year, when the exchange website collapsed on its first day of [...]

Lower Exchange Enrollment Will Hurt Insurance Carriers

HealthCare.gov could cause some frustration in November, the newly appointed CEO to the website recently indicated.
November 14th, 2014

Lower PPACA enrollment projections will hurt insurance carriers, Moody’s Investor Services says. On Thursday, the financial services firm released a report that claims the projected 9.1 million enrollees on the exchanges (down from 13 million) is a “credit negative” for carriers who have invested with the expectation of membership growth. “This lower projection, along with [...]

Survey Shows Many with Health Insurance Can’t Afford Care

About 23 million people are expected to be uninsured in 2023, down from 46 million in 2012.
November 13th, 2014

Do your health insurance customers focus only on premiums? A new survey offers a great reminder why it’s important to look at more than the monthly price tag when estimating medical costs for the coming year. Deductibles and co-pays are on the rise and can take a large chunk out of their income with out-of-pocket [...]