NEW YORK (Reuters) – Now that more than 2 million people have signed up for private insurance plans created by President Barack Obama’s healthcare law, a crucial next check-up for the new marketplace will be to see how old customers are.
Early data from a handful of state exchanges shows the administration needs more young adults to sign up in the next three months to help offset costs from older enrollees and prevent insurers from raising their rates.
NEW YORK (Reuters) – U.S. medical providers are seeing only a trickle of patients newly insured under President Barack Obama’s healthcare law, as insurers, hospitals and doctors try to work out any hitches in coverage.
More than 2 million people have signed up for new private health plans that took effect on Wednesday under the Affordable Care Act, popularly known as Obamacare. While some of those consumers were already lining up doctor visits last month, early reports from providers and an online medical booking service show the demand for care has been modest so far.
Jan 1 (Reuters) – Hospitals and medical practices across the
United States are bracing for confusion and administrative
hassles as new insurance plans under President Barack Obama’s
healthcare law take effect on Wednesday.
More than 2 million people enrolled in private plans offered
under the Affordable Care Act, popularly known as Obamacare,
during the initial sign-up period for health benefits starting
Jan. 1. Enrollment began in October and lasts through March, but
Americans in most states had to enroll by last week to get
coverage that takes effect with the start of the new year.
NEW YORK (Reuters) – Americans have only a few more days to sign up for insurance plans created under President Barack Obama’s healthcare law to ensure coverage starts on January 1, a deadline that could triple demand and strain enrollment systems.
The expected rush could also encounter a new complication, as a handful of states have extended their sign-up deadline past the December 23 date set by the federal government, adding an extra element of confusion for consumers.
NEW YORK, Dec 18 (Reuters) – General Electric Co
expects profit from aviation, healthcare and other industrial
units to rise at least 10 percent next year, the conglomerate
said on Wednesday, adding it plans aggressive investments in
manufacturing while shrinking its finance arm.
GE has been seeking to reduce its dependence on earnings
from the volatile financial sector and return to its industrial
manufacturing roots with 3-D printers and products such as
sensors for oil pumps and jet engines that collect a plethora of
key data for operators.
(Reuters) – Insurance companies are struggling with a new request by the Obama administration to make sure people receive medical benefits under healthcare reform come January 1, even if they miss a sign-up deadline set for next Monday.
The government has sought to reassure consumers, already frustrated by technical problems that stalled access to its HealthCare.gov enrollment website in October and November, that those who need coverage starting on New Year’s Day will be able to sign up.
(Reuters) – United Technologies Corp (UTX.N: Quote, Profile, Research, Stock Buzz), the world’s largest maker of elevators and air conditioners, on Thursday projected earnings to rise 7 percent to 11 percent next year, barely meeting analysts’ targets, and gave a revenue view that fell short of Wall Street expectations.
The diversified U.S. manufacturer, which also makes Pratt & Whitney jet engines and Black Hawk helicopters, is being weighed down by its defense business, while sales are expected to be strong next year for its Otis elevators branch.
NEW YORK, Dec 12 (Reuters) – As a deadline approaches for
people to sign up for medical insurance under President Barack
Obama’s healthcare law, some insurers and state-run online
marketplaces are giving shoppers an extra week to pay their
The shift to early January from the end of December provides
a short grace period for insurers and shoppers to work through
any errors in the new policies caused by technology problems
dogging enrollment since it opened on Oct. 1.
By David Morgan and Lewis Krauskopf
(Reuters) – A surge of visitors clogged the U.S. government’s revamped healthcare insurance shopping website on Monday, signaling that President Barack Obama’s administration has a way to go in fixing the portal that showcases his signature domestic policy.
Facing its first big test since officials proclaimed over the weekend that they had met their deadline to make HealthCare.gov run smoothly for the “vast majority” of users, the site performed markedly better than it did during its disastrous launch two months ago – but was still short of the crisply running insurance marketplace Obama once touted.
(Reuters) – President Barack Obama and his HealthCare.gov website face another critical test this week, as Americans who have been unable to enroll for health insurance coverage rush to a site that continues to face challenges.
While the administration said it met its weekend deadline for making the website operate smoothly for most users, it must prove HealthCare.gov can handle a surge of enrollment as non-profit groups begin efforts to reach consumers before a December 23 deadline for coverage that begins January 1.