Many insured Americans rely on charity due to health insurance deductibles and copays

Health insurance deductibles - hands holding US dollars

Despite having a health plan, many people across the country can’t afford the medical care they need. Skyrocketing health insurance deductibles and copays are forcing many covered Americans to rely on charity to pay for medical care. Crowdfunding and medical charities have become the norm to fill in gaps for insured Americans. A recent LA Times report placed the spotlight on a growing trend among insured Americans. It showed that the cost associated with health insurance deductibles and copays can make medical care cost prohibitive even for Americans with medical…

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Americans with a health insurance plan have half the risk of bankruptcy, study

Health insurance plan - Man with empty pockets - bankruptcy

New data from the American Bankruptcy Institute shows uninsured people are twice as likely to file. Just as data is being released saying that while most Americans now have a health insurance plan, many remain underinsured, another study’s results have indicated that coverage is still making a difference. The American Bankruptcy Institute has shown that the uninsured have twice the likelihood of filing bankruptcy compared to those with coverage. The research showed that covered individuals whose policy was interrupted were twice as likely to go bankrupt. In fact, the data…

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Governor Polis announces massive Colorado health insurance exchange premiums drop

Colorado Health Insurance Exchange - Healthcare money

Across the state, consumers will experience an average cost reduction of 18.2 percent on plans. Governor Jared Polis recently announced a tremendous 18.2 percent average Colorado health insurance exchange premiums reduction for 2020. This will apply to state residents who purchase theirhealth plans through the Affordable Care Act marketplace. This is expected to provide over 200,000 Colorado residents with premiums relief. This premiums reduction affects only consumers who purchase their coverage through the Colorado health insurance exchange. It does not impact those who receive their coverage from the government or…

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Pennsylvania health care to become state-run, leaving Healthcare.gov

Pennsylvania health care - Pennsylvania state seal & doctor

State officials recently shared their intention to transition away from the federal insurance exchange. State leaders recently announced that the Pennsylvania health care insurance exchange will be transitioning to a state-run marketplace. Currently, Pennsylvanians use the federal exchange at healthcare.gov to purchase their health plans. The new Pennsylvania health care changes are meant to help state residents to save more money while improving the affordability of individual and family plans. Until now, the healthcare.gov website has served state residents. Pennsylvania Governor Tom Wolf signed legislation earlier this week, laying the…

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Pet insurance company concerned about anti-vaxxers affecting their pets’ health

Anti-Vaxxers - Pet Insurance - Dog

Healthy Paws Pet Insurance is worried about a drop in the number of dogs receiving vaccinations. Healthy Paws Pet Insurance is concerned about animal health care as anti-vaxxers choose not to vaccinate their pets. The insurer has noted a reduction in the number of dogs receiving their basic vaccinations, including rabies vaccine shots. Anti-vaccination trends have been spreading in both human and veterinary health care. According to the Center for Disease Control, anti-vaxxers are currently the leading threat to global health. The result of this sentiment in human health care…

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Health insurance for illegal immigrants to be a US first in California

Health insurance for illegal immigrants - Approval in California

The state is setting itself up to become the first in the country to cover undocumented residents. A new budget deal now has the nod from California lawmakers, setting the scene to make the state the first in the country to offer health insurance for illegal immigrants. This bill would make it possible for adults living illegally in the U.S. to purchase health plans. The health insurance for illegal immigrants benefits were a component of a broad-reaching plan for how the state will spend $213 billion of federal and state…

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U.S. Olympic Committee pursues reforms to pregnant athlete insurance

Pregnant athlete insurance - pregnant woman fitness

The U.S.O.C. wants to change coverage rules to stop the loss of coverage due to pregnancy. The U.S. Olympic Committee has announced that it is pursuing reforms to pregnant athlete insurance regulations. At the moment, Olympic athletes typically lose their health insurance coverage as a result of pregnancy. The U.S.O.C. is moving to change that regulation to allow athletes to keep their health insurance. Last week, three senators wrote to Sarah Hirshland, CEO of the U.S.O.C. They requested that she provide details regarding her organization’s insurance program. They also stated…

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