By now we all know that the State and Federal Marketplaces offering a side-by-side comparison environment are set to go live October 1st of this year as part of The Patient Protection and Affordable Care Act (PPACA) — better known as Obamacare. These public marketplaces break down as follows. 1. 16 state based marketplaces (+ [...]
eHealthinsurance recently released their report entitled “The Costs and Benefits of Individual and Family Health Insurance Plans”. One of the elements that was analyzed in the report was the comparison of average health insurance premiums paid by customers year-over-year (2012 v. 2011) on a state level. 47 states and District of Columbia were included in [...]
The recent survey completed by the Kaiser Family Foundation and the Health Research and Educational Trust, shows that the cost of health insurance provided by employers increased by about 4% this year. While this seems concerning, it’s better than the 9% increase the survey reported from the year before. Annual insurance premiums for families increased [...]
Many Americans still have pressing questions about the details behind President Obama’s health care law. It’s a complicated law with a lot of information. Some of the aspects are pretty much well-known such as the individual mandate and the rule that says people with pre-existing conditions cannot be denied health insurance coverage. But did you [...]
President Obama and his administration are stepping up their fight against health care fraud in an effort to save Americans billions of dollars. They announced last week that they are sharing new data and investigative know-how on a scale we have not seen before to shut off as many questionable payments as possible. Health care [...]
The Affordable Care Act (ACA) will end up impacting many facets of the health insurance industry, but individual health insurance policies will feel some of the biggest changes according to Debra A. Donahue’s article on MarkFarrah.com. Through the ACA, the law requires that states establish Health Benefit Exchanges. The Congressional Budget Office estimates that by [...]
A recent analysis of 2011 health plan data filed with insurance regulators for year-end 2011 shows health plans continue to see revenue move away from commercial. The article by Debra A. Donahue on markfarrah.com, talks about the analysis and give a detailed breakdown of the source of revenues. The report shows a 1.1% increase in [...]
AAA Mid-Atlantic is offering a variety of health plans to individuals and families by teaming up with Independence Blue Cross (IBC). The plans will be available to to AAA members and live in southeastern Pennsylvania. This insurer, out of Philadelphia, currently has 13 medically underwritten HMO and PPO plan options available to consumers. Through this [...]
UPDATE 6/19/2012 – The Supreme Court has withheld their announcement on the health care law once again, and experts speculate there will not be a decision until the end of the month. News outlets were on stand by this past Monday, June 19th, in hopes that an announcement would be made, but no such luck. [...]
American Family Insurance and Assurant Health have recently announced that they are joining forces. American Family has named Assurant Health as their exclusive provider of individual major and medical health insurance products based on information from the press release found on PRNewsWire.com. This partnership with offer more variety and flexibility to customers who do business [...]
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