Tag: Insurance industry

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National

Obama: ‘I’m sorry’ Americans are losing insurance

President Barack Obama speaks at Boston’s historic Faneuil Hall about the federal health care law. (AP Photo/Stephan Savoia, File) by Julie PaceAssociated Press Writer WASHINGTON (AP) — Seeking to calm a growing furor, President Barack Obama said Thursday he’s sorry Americans are losing health insurance plans he repeatedly said they could keep under his signature health care law. But the president stopped short of apologizing for making those promises in the first place.

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Health

What’s up with Obamacare and my healthcare?

In this Oct. 30, 2013 file photo, President Barack Obama speaks at Boston’s historic Faneuil Hall about the federal health care law. Now is when Americans start figuring out that President Barack Obama’s health care law goes beyond political talk, and really does affect them and people they know. (AP Photo/Charles Dharapak, File) by Jen Christensen (CNN) — As the politicians fuss and fight over the merits of the biggest overhaul of the health insurance system in this country, you may be wondering, “What does this all mean to me?” Here’s what we know so far about what’s up with your healthcare.

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Health

Tips for working with health insurance brokers and agents

Scantily clad model Katina Shoemaker offers a flyer to a man who declined, saying he has insurance, as Shoemaker and fellow models display signs encouraging the public to get health coverage under the Affordable Care Act, or ACA, during a promotional campaign launched by Colorado HealthOP, a health care co-op, in Denver, Tuesday Oct. 1, 2013. (AP Photo/Brennan Linsley) Tips to avoid fraud in the health insurance marketplace: — Don’t trust a website that asks you to enter personal data such as a Social Security number, bank account number or credit card information other than the federal exchange website, http://www.healthcare.gov .

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Health

Insurance markets open to surge of new customers

Wendy Jackson, left, and others with Independence Blue Cross mark the opening health insurance exchange by providing information on health carereform at Suburban Station Tuesday, Oct. 1, 2013, in Philadelphia. (AP Photo/Matt Rourke) by Carla JohnsonAP Medical Writer CHICAGO (AP) — The online insurance marketplaces that are at the heart of President Barack Obama’s health care overhaul struggled to handle the wave of new consumers Tuesday, the first day of a six-month open-enrollment period.

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Health

Premiums unveiled for health overhaul plans

Health and Human Services Secretary Kathleen Sebelius speaks during an event discussing the federal health care overhaul in Philadelphia. (AP Photo/Matt Rourke, File) by Ricardo Alonso-ZalvidarAssociated Press Writer WASHINGTON (AP) — With new health insurance markets launching next week, the Obama administration is unveiling premiums and plan choices for 36 states where the federal government is taking the lead to cover uninsured residents. Before tax credits that work like an upfront discount for most consumers, sticker-price premiums for a mid-range benchmark plan will average $328 a month nationally for an individual, comparable to payments for a new car.

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Health

Obamacare trade-off: low premium, high deductible

This April 30, 2013 file photo shows the short form for the new federal Affordable Care Act application in Washington. Getting covered through President Barack Obama’s health care law might feel like a combination of doing your taxes and making a big purchase that requires some research. You’ll need accurate income information for your household, plus some understanding of how health insurance works, so you can get the financial assistance you qualify for and pick a health plan that’s right for your needs. (AP Photo/J. David Ake) by Ricardo Alonso-ZaldivarAssociated Press Writer WASHINGTON (AP) — You might be pleased with the low monthly premium for one of the new health insurance plans under President Barack Obama’s overhaul, but the added expense of copayments and deductibles could burn a hole in your wallet.