Scranton roundtable talk explores future of health insurance quoting : thetimes-tribune

While Democrats celebrated the bill's failure as a political victory, many acknowledge that the 2010 health care law is imperfect. After the GOP's failure to repeal and replace the Affordable Care Act last week, a panel of experts gathered in Scranton to discuss the future of American health care. That reauthorization expires this year, likely making the CHIP reauthorization process the next piece of health care legislation to move through Congress. The Medicare Access and CHIP Reauthorization Act of 2015, a Medicare reform package commonly known as "Doc Fix," for example, reauthorized the Children's Health Insurance Program for two years. Geisinger Commonwealth School of Medicine hosted a roundtable discussion on the topic Monday, organized by the school's chapter of the American Medical Association Medical Student Section.




Generally, there are two types of insurance companies — life and health insurance companies and property and casualty insurance companies. But the bottom line is that all insurance products are sold state by state, overseen by state insurance commissioners. "It is not accurate to say that car insurance and life insurance are regulated across state lines. allowing the American people to purchase health insurance across state lines the way you buy life insurance, the way you buy car insurance."— Pence, speech to the Club for Growth, West Palm Beach, Fla., March 19One of President Trump's signature promises is to allow the purchase of health insurance across state lines. But no insurance company has shown much interest, in part because entering a new health insurance market is time-consuming and difficult.

Online health insurance marketplace Connecture gets $17.5M to expand coverage markets

Brookfield, Wisconsin-based Connecture, an online health insurance marketplace platform, has raised $17.5 million in new financing, according to an SEC filing, with San Francisco-based Francisco Partners leading the round. They will also get a new member to their board of directors along with the investment from Francisco Partners. Founded in 1999, Connecture makes a variety of SaaS products to connect health plans, payers and government agencies. The latest investment from Francisco Partners also brought the firm a new level of operating management power – the investors now control more than half of Connecture's common stock equivalents. "[T]he uncertain political status of the Affordable Care Act and proposed health plan merger activity created market headwinds which impacted our growth expectations," Surges said in a statement.


collected by :Lucy William

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