This makes California the first state in the country to implement such a regulation. California has become the first state in the country to offer health insurance to all undocumented immigrants. The coverage is available as of January 1 and represents a first anywhere in the country. Beginning this year, all undocumented immigrants in California will be able to qualify for Medi-Cal, which is the state’s version of the health insurance. This is true regardless of the age of the individual. Until last year, undocumented immigrants could not qualify to…
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Daily articles posted on health insurance changes for all lines of business. Whether you are an agent or a small business owner you will be captivated in how much this industry is changing in the United States today.
Number of Pennsylvania kids without health insurance rose by 19,000 last year
From 2021 to 2022, the uninsured rate among children in the state saw a sharp spike. Pennsylvania is among only three states in the country in which the percentage of children without health insurance rose from 2021 to 2022. The data was released by the Pennsylvania Partnerships for Children in a report on the subject. The data doesn’t appear all that worrying at first glance. The increase in kids without health insurance rose by 4.4 percent in 2021 and by 5.2 percent in 2022. That said, that small shift in…
Read MoreCigna insurance company ends its Humana acquisition intentions
The insurer is now developing a $10 billion share buyback plan after a failure to agree on a price. Health insurance company Cigna has ceased its pursuit of a negotiation for acquisition of its rival insurer Humana. The company left its efforts when the two insurers were unable to agree on price. Cigna announced that it is working on plans for buying back $10 billion worth of shares. The health insurance company resulting from an acquisition of Humana by Cigna would have resulted in an insurer with an estimated value…
Read MoreMillions of people abandon the Chinese health insurance system
The state program has already lost tens of millions of plan members, and the trend is continuing. The state health insurance system in China is bleeding plan members as tens of millions of them have left the coverage, citing higher costs as a primary reason. The expense associated with the coverage is increasingly viewed as unaffordable for many people in China. While the Chinese health insurance system was already too expensive for many people in China who continue to struggle within the economic downturn that has followed the pandemic, increasing…
Read MoreFlorida’s DeSantis wants to ‘supersede” ACA with new health care plan
The state governor seeking Republican nomination for president didn’t provide replacement plan details. In a recent interview on NBC’s “Meet the Press”, Florida Governor Ron DeSantis described his intentions to unveil a health care proposal this week that would “supersede” the Affordable Care Act (ACA). No further details were given about the specifics about the plan or what would be done with the ACA. That said, DeSantis never specifically said that his intention was to repeal the Affordable Care Act. That said, the Republican nominee hopeful did explain that he…
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