Indiana says insurers can’t reinstate canceled policies
The state insurance department said Wednesday morning that to do so would “create logistical chaos” and “destabilize” Indiana’s individual health insurance market.
The state insurance department said Wednesday morning that to do so would “create logistical chaos” and “destabilize” Indiana’s individual health insurance market.
Republicans renewed an assault on President Barack Obama’s health care overhaul and his credibility on Friday as they pushed toward House passage of a measure to let insurers keep selling health coverage that falls short of the law’s strict standards.
The Insurance Forum, an independent newsletter based in central Indiana and read by industry leaders and consumer advocates across the continent, has placed its last issue in the mail.
The messy rollout of the insurance exchanges has made it hard for carriers to figure out what business will be like in 2014.
Bowing to pressure, President Barack Obama on Thursday announced changes to his health care law to give insurance companies the option to keep offering consumers plans that would otherwise be canceled.
The administration says fewer than 27,000 people managed to enroll for health insurance last month in the 36 states relying on the problem-filled federal website for President Barack Obama’s overhaul.
State officials announced Thursday that they will extend Indiana’s high-risk insurance pool through the end of January to accommodate Hoosiers who have been unable to enroll in coverage through the federal marketplace.
So-called “zero-premium plans” are priced in such a way that their premiums would be no greater than the federal tax subsidies that low-income buyers could claim.
Premiums written by the firm’s insurance subsidiaries hit $96.6 million, an increase of nearly 19 percent over the third quarter a year ago and 4 percent over the second quarter.
CNO Financial Group Inc. on Monday reported a third-quarter profit of $283 million, a significant jump from the money-losing quarter it experienced a year ago.
The heads of WellPoint Inc., Aetna Inc. and at least 10 other insurers met with the Obama administration Wednesday to discuss correcting flaws in how data from the U.S. health-care marketplaces is transferred to the companies.
Big claims in recent years are driving up prices of policies in Indiana and causing some insurers to cut back coverage.
Health insurance execs, including WellPoint Inc. CEO Joseph Swedish, will meet with top White House officials Wednesday as the president seeks to contain political damage from the disastrous rollout of Obamacare.
The giant health insurer raised its full-year profit forecast 40 cents per share, emboldened by stabilized customer rolls and slowing medical claims.
A key House Democrat says a lawsuit filed by the attorney general challenging the Affordable Care Act could lead to 400,000 Hoosiers losing out on tax breaks meant to make the insurance more affordable.
Fifteen Indiana school districts and the state of Indiana have filed a lawsuit challenging the federal health care law and subsidies that are available to Hoosiers under rules set by the IRS.
Read the discussion of experts gathered by Indianapolis Business Journal.
As president of a professional employer organization, I spend an enormous amount of time dealing with the complexities of the Affordable Care Act from the perspective of an employer sponsoring a health insurance plan.
Battles over the Affordable Care Act have raged since President Obama signed it into law in March 2010—and it’s time they stop.
We all agree that something needs to be done for our challenged health care system. But is the new health care law what we need? Will this help those who are poor receive health care they need?