insurance exchange News

Florida-Based Tower Hill Adds Insurance Exchange Program

Tower Hill Insurance Group, based in Gainesville, Florida, has announced the formation of its newest risk-bearing entity, Tower Hill Insurance Exchange (THIE). THIE will be a reciprocal insurer whereby the policyholders, also known as subscribers, will insure each other and …

Idaho Insurance Agents Leery Of Exchange’s Promise

Insurance agents are still waiting to be convinced Idaho’s insurance exchange will benefit their businesses, though the board that established this Internet marketplace for individual and small business coverage sought to make sure they could still earn commissions. The exchange …

California Insurance Commissioner: Bar Anthem From Health Exchange

California’s insurance commissioner wants to exclude Anthem Blue Cross from the state’s new health exchange for small businesses, saying it’s made excessive rate hikes. Insurance Commissioner Dave Jones said three increases this year – including one of nearly 18 percent …

Report: New Mexico Facing Medical Access Difficulties

New Mexicans could have longer waits for a doctor or specialist as demand grows for medical services because of an aging population and expanded insurance coverage under a federal health care law, legislative auditors said Wednesday. A report released by …

Utah to Be First to Use Dual-Model Health Exchange

The federal government has approved Utah to become the first state to have a dual-model health insurance exchange in which the state and the federal government divide responsibilities. The plan allows Utah to continue to run its existing health insurance …

Q&A on Oregon Insurance Exchange

While some states have fought President Barack Obama’s federal health care overhaul, known as the Affordable Care Act, Oregon has embraced it. The law requires every state to have a new health insurance marketplace called an exchange. Oregon’s Legislature created …

Beebe: Arkansas to Stick With Partnership Exchange

Gov. Mike Beebe said Arkansas will move forward on a partnership with the federal government for an online insurance marketplace required under President Barack Obama’s health care overhaul, though he believes the state can revisit that decision later. Beebe said …

Arthur J. Gallagher & Co. Launches Private Insurance Exchange

Itasca, Ill,-based Arthur J. Gallagher & Co. announced that its employee benefit consulting operation, Gallagher Benefit Services Inc. (GBS), has launched a private insurance exchange platform. Exchanges are expected to provide employers and employees an effective online marketplace to help …

After Court Rules, Idaho Has Dilemma Over Exchange

Incensed over “Obamacare,” Idaho lawmakers last session snubbed $20 million from the federal government earmarked for an insurance exchange and refused even to make baby steps toward establishing this online marketplace for individuals and small companies to shop for coverage. …

N.Y. Health Plans Continue as U.S. Supreme Court Upholds Obama Law

State health officials are moving forward with plans to establish an insurance exchange intended to extend coverage to some 2.7 million New Yorkers without it. In April, Gov. Andrew Cuomo issued an executive order to establish the statewide exchange, a …