Latest News + Info
The latest information relating to the health insurance industry.
Help Squad: Will Medicaid errors result in $4K tax penalty for couple?
The Chicago Tribune reports: "Dear Help Squad, I hope you can help us get the documents we need so our health insurance is not canceled. For 2015, we signed up for medical insurance through the health care marketplace. The agent who assisted us determined our income...
Blue Cross premium hikes in Texas, Oklahoma could mean Illinois sticker shock
The Chicago Tribune reports: "Illinois residents who buy Blue Cross and Blue Shield health care coverage through the state insurance exchange may be in for Obamacare sticker shock, if proposed rate hikes by the largest insurers in Texas and Oklahoma are any...
Largest Texas Health Insurer Requests to Raise Premiums on Individual Policies
Newswire reports: Blue Cross Blue Shield of Texas (BCBS), which insures approximately 603,000 individual Texas policyholders, announced a proposal to raise premiums on three popular Health Maintenance Organization (HMO) plans by almost 60 percent. The rate hike...
Feds Tightening Use Of Short-Term Health Insurance
Insurance News net reports: The Obama administration wants to limit consumers' use of short-term insurance plans, which a growing number of Americans have been buying in response to the Affordable Care Act's requirements to have health coverage. This week, the U.S....
Health insurance plans to be rated based on size of network
Live Insurance News reports: " The Obama administration will now use the number of included doctors and hospitals in the ratings. In response to complaints from consumers with respect to the way health insurance plans are rated on the exchanges, the Obama...
UnitedHealthcare launches a smaller, ‘very, very different’ insurer
Star Tribune Business reports: " UnitedHealthcare is facing competition this year in Atlanta and Chicago from a new name in health insurance — a carrier that’s actually one of its subsidiaries. For the first time, individual shoppers are buying coverage from Harken...
Blue Cross Blue Shield Confirms Obamacare Death Spiral
According to The Beacon: " The Blue Cross and Blue Shield Association, which represents 36 Blue Cross and Blue Shield plans covering 105 million Americans, has just released a study of its members’ claims data in Obamacare exchanges 2014 and 2015. It confirms that...
The Federal Government’s $146 Billion Obamacare Boo-Boo
According to The Motley Fool: " Bad things can happen when a government forecast proves to be way off. There are mistakes, and then there are big mistakes. What the Congressional Budget Office's latest report on federal subsidies revealed was a mistake of...
Obamacare Encounters Another Bump in the Road
According to News Max Finance: " Well, the hammer has fallen: The largest health insurer in the U.S. has started pulling out of select Obamacare exchanges. Five months ago UnitedHealth, which had been singing sunny songs to investors about its bright future on the...
How Obamacare Makes Tax Filing Trickier
According to Time Inc. "Many Americans will get new tax forms for the first time. Here's what to do with them. This year, you may be receiving tax forms you’ve never seen before, all thanks to the Affordable Care Act, aka Obamacare. For the most part, these...