Almost Two-Thirds of U.S. Counties Face Two or Fewer Health Insurance Choices

An analysis by the respected Kaiser Family Foundation finds that 31 percent of U.S. counties will have only one insurer to choose from when open enrollment for Obamacare commences Nov. 1. Another 31 percent will have only two, and one county — Pinal in Arizona — likely will have none. In 2016, only 7 percent […]

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Obamacare Premiums Rise Steeply

State insurance commissioners, under pressure from health insurers bleeding red on the Obamacare exchanges, have begun approving rate hikes up to 62 percent, but the Department of Health and Human Services (HHS) quickly reassured consumers that taxpayers would pick up the tab. With insurance premiums to be announced steadily up to the Nov. 1 open […]

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HIPAA Celebrates 20th Anniversary Today

On this day (Aug. 21) in 1996, President Bill Clinton signed into law the Health Insurance Portability and Accountability Act (HIPAA), which as its title implies protects people with pre-existing conditions when they change jobs and need new health insurance. From that date until Obamacare took over in 2014, if you left one company with a […]

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Aetna Fleeing Obamacare Exchanges in 11 of 15 States It Serves

Aetna Inc., citing losses of at least $300 million this year on Affordable Care Act (ACA) health insurance policies, announced it is abandoning the Obamacare marketplaces in 11 of the 15 states it currently serves, leaving Pinal County in Arizona with no insurer willing to offer policies. After the move, Aetna will be offering policies […]

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Aetna Calls Off Plan for ACA Expansion, Citing $300 Million in Losses This Year

Aetna has joined UnitedHealth Group and Humana in reconsidering — and even pulling back — its participation in Affordable Care Act (ACA) insurance marketplaces. Facing up to $300 million in ACA policy losses this year, Aetna announced it has canceled a planned expansion into five new state exchanges for 2017. Also on the tablet are […]

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UnitedHealth to Leave All But Six Obamacare States

With the announcement by Covered California that UnitedHealth Group Inc. would be exiting its Obamacare exchange in 2017, the role of the nation’s largest health insurer in the Affordable Care Act (ACA) has now been reduced to six states. UnitedHealth on Tuesday informed its brokers that “at this time, we have filed to offer On-Exchange products” […]

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Insurers Seek Hefty 2017 Increases on Obamacare Policies

Stung by the reality of more older-sicker than younger-healthier customers signing up for their policies, Obamacare health insurers are seeking some whopping premium increases for 2017. From what’s publicly available, for example, Humana in Georgia is seeking a 65.2 percent increase, according to today’s Wall Street Journal. In nearby Florida, Blue Cross and Blue Shield […]

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UnitedHealth Makes It Official: Obamacare Withdrawal Underway

UnitedHealth Group Inc., the nation’s largest health insurance firm, has announced it plans to withdraw from all but “a handful” of Obamacare states in 2017 as it faces losses from the program rising to $650 million this year. UnitedHealth currently insures 795,000 Obamacare enrollees in 34 states, but CEO Stephen J. Hemsley says “the shorter-term, […]

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UnitedHealth Bailing on Third Obamacare State

This time it’s a biggie: UnitedHealth Group Inc., the nation’s largest health insurance firm, is pulling out of the Obamacare sweepstakes in Michigan, the largest state so far that it’s bailed from in the face of $500 million in yearly losses from the national program. Earlier, the company had withdrawn from Arkansas and Georgia amid […]

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Obamacare Six Years Later: Medicaid Enrollment Swells

Six years after passage of the Patient Protection and Affordable Care Act (PPACA, aka “Obamacare”), the ranks of Medicaid and Children’s Health Insurance Program (CHIP) recipients have swelled, while enrollees on the federal and state health insurance exchanges have missed the official target by millions. Such is the conclusion of a study just released by […]

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