Rhode Island's health insurance exchange HealthSource RI says it needs $4.6 million dollars to keep running through fiscal year 2015.
The money would need to come from the state. HealthSource RI director Christine Ferguson says the money would cover the program's operating costs, and will allow federal funding to cover program development.
Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for our weekly business segment called The Bottom Line.
This week, HealthSource RI director Christine Ferguson joins Dave and Mark to talk about the approaching deadline for open enrollment, how to attract more small businesses, young 'invincibles,' and Latinos to the health insurance exchange, and funding the exchange into the future.
When to Listen You can hear The Bottom Line each Friday at 5:50pm.
Rhode Island took advantage of millions in federal dollars to build and launch its own health insurance exchange. Now as that federal money is about to run out, HealthSource RI director Christine Ferguson says she’s got a plan for the 2015 fiscal year, which starts this July.
Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for a weekly business segment we're calling "The Bottom Line." Each Friday they look at business news and themes that affect local business and the public.
This week Dave and Mark talk with HealthSource RI Director Christine Ferguson. They take a look at the response of small businesses in the state to the new health insurance marketplace and separating Rhode Island’s health exchange from the problems at the federal level.
Rhode Island’s health insurance exchange, HealthSource RI, said several hundred small businesses have started applications for health plans through the site. And there’s more new data about who is enrolling in plans on the exchange.
HealthSource RI, the state’s health insurance exchange goes online Tuesday. The state is operating its own exchange, offering plans for both uninsured residents and small businesses. Enrollment starts today, with coverage kicking in January 1st. Rhode Island Public Radio political analyst Scott MacKay sat down with the director of HealthSource RI, Christine Ferguson, about what Rhode Islanders can expect when they log on to the exchange.
Starting October 1st, Rhode Islanders can start signing up for health insurance through an online marketplace that’s a cornerstone of what’s known as Obamacare. The marketplace will offer a number of insurance plans for individuals, families and employers. It is being run by the state, and on Tuesday the state released how much the plans will cost.
The state-run health insurance exchange has released rates on the 28 plans it will offer residents and small businesses.
The exchange, known as HealthSource RI, offers a dozen plans to individuals and families. Three insurers are providing the coverage that range in price depending on a person’s age and whether they want a “gold” “silver” or “bronze” plan. The assumption is that younger people are healthier so if a 21-year-old and a 45-year-old want the same “gold” plan, the 45-year-old is going to pay $126 more in monthly premiums.
Key components of President Obama’s Affordable Care Act are the state-run health insurance exchanges. Rhode Island’s will go online in October with a new name: Health Source Rhode Island. And its director, Christine Ferguson, stopped by our studios to talk with Rhode Island Public Radio’s Scott MacKay about how the exchange will work and who will benefit.
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