State Insurance Commissioner Wayne Goodwin is taking steps to reduce the number of health insurance cancelations as a result of the Affordable Care Act. More than 473,000 North Carolinians have received notice from their insurance companies that their plans have been terminated. Goodwin announced last week an expedited review for insurers to speed up the 2014 rates.
A key part of the federal Affordable Care Act went into effect today, as people can begin to sign up for insurance on the health care exchanges.
Mark Hall is a professor of law and public health at Wake Forest University. He's studied health insurance markets and policy for 20 years and in 2010 was tapped to help develop part of what's become known as Obamacare. In this discussion with WFDD's Audrey Fannin, Hall describes his role in in the policy development and what people should expect when they begin looking into the online marketplace for health insurance.
More than 850-thousand North Carolinians are estimated to either have no health insurance or to be under-insured. That is expected to change as of January 1st, when the main part of the Affordable Care Act, also known as Obamacare, goes into effect. Plan outlines have already been released by health insurance companies so individuals can begin their research, and next month they can begin applying for the plan they prefer. Business Journal contributing writer