The Nevada Health Co-Op, a consumer-owned and operated health plan created under the Affordable Care Act, is going out of business because of high costs, state officials announced Wednesday.
Consumers insured by the co-op will be covered through Dec. 31, said Janel Davis, spokeswoman for the Silver State Health Insurance Exchange. The Board of Directors for the co-op, which received $65.9 million worth of solvency loans from the federal government, voted to cease operations effective Jan. 1.
Blue Cross and Blue Shield of New Mexico announced on Wednesday it “will not offer individual on-exchange health insurance products on the New Mexico Health Insurance Exchange in 2016.”
Officials say the rates of Blue Cross and Blue Shield of New Mexico did not cover the claim costs in 2014 and 2015 according to Albuquerque Business First.
If you bought Obamacare in Georgia or Florida you most likely don’t have a lot of options for choosing doctors or hospitals, according to a new study showing that some enrollees may have less choice than others.
In response to blistering criticism from a consumer group, California’s Obamacare exchange vowed to fix longstanding enrollment and tax-related errors that have blocked consumers from getting coverage for months and left some with unforeseen bills.
In the wake of the Supreme Court’s decision in King v. Burwell, President Obama has claimed that Obamacare is working and here to stay.
In truth, the actual effect of the Supreme Court’s decision leaves Obamacare unchanged, and the law is certainly not working well.
Not only will Obamacare’s current political and operational problems continue, but new ones will crop up as more provisions of the law take effect.
Starting in 2017, the Affordable Care Act will allow states to use waivers to pursue virtually any type of proposals for health care reform that they can imagine. It’s a huge opportunity for states interested in expanding or changing how health care is delivered.
But will anyone actually take advantage of it?
Thousands of Louisianians who signed up for health insurance with the Louisiana Health Cooperative were abruptly notified last month the company would discontinue all coverage in 2016. It was likely surprising news to many of the 17,000 customers who relied upon the company to help pay for their health care needs.
A daunting project to verify whether 1.2 million Medicaid enrollees qualify for the program entered its second phase this month, as tens of thousands of people with disabilities received letters telling them they need to reapply for benefits.
MassHealth, the state’s Medicaid program, needs to reach a diverse group whose limitations can be physical or mental and who will have to fill out lengthy forms to maintain their health coverage.
The Associated Press has reported that the U.S. Attorney’s office has issued subpoenas to the Massachusetts Health Connector (the state’s insurance exchange). The subpoenas cover the period during which the website experienced major technical problems and mismanagement as the state transferred to an Obamacare (ACA) exchange under former Governor Deval Patrick (D-MA).
Three Republican senators have sent a letter to the Centers for Medicare and Medicaid Services expressing concern for the “lack of oversight for more than $1 billion in federal grants” given to state-based marketplaces.
In the letter to CMS Acting Administrator Andy Slavitt, the senators — Orrin Hatch of Utah, Chuck Grassley of Iowa, and John Barrasso of Wyoming — note a handful of state-based exchanges have switched to the federal marketplace, run by CMS, and inquire if the agency will seek reimbursement for funds the states received from CMS to set up a state-based marketplace.