Important Things to Consider When Choosing a Health Insurance Plan

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Purchasing health insurance is one of the most important decisions that you can make for yourself and your family. As a small business owner, it’s important to choose the health insurance plans that will keep your team members healthy and able to work. While the process may seem complicated, it doesn’t have to be. There are certain things to look for when it comes to choosing health insurance to make sure that you won’t be looking for hospital supplies online as opposed to getting the care that you need from…

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New Covered California enrollment jumps 41 percent

Covered California enrollment - Heartbeat - Hands

State officials credit the new individual mandate to the rise in health insurance exchange use. The new Covered California enrollment figures have risen sharply since the state introduced its new individual mandate and offered residents additional subsidies on top of those already provided through the Affordable Care Act. The state implemented new rules for its residents for this year’s open enrollment period. There were 418,000 new people added to the Covered California enrollment during the 2020 open application period. That represents a tremendous increase of 41 percent over the new…

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California eases its health insurance individual mandate requirements

Health insurance individual mandate - woman receiving medication from pharmacist

State officials loosened the law out of concern that many residents aren’t aware of the fines. Out of concerns that too many California residents don’t understand the consequences of failing to comply with the health insurance individual mandate, the law has been eased. The worry was that many Californians aren’t aware of the fines they face for failing to buy coverage. The health insurance individual mandate is meant to help encourage Californians to purchase a plan. The idea is, in part, to create an incentive to purchase a health plan…

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New York health insurance extension gives state residents an additional week

Disability Insurance

The additional seven days will help New Yorkers to obtain the coverage they need in time. Residents of the state are receiving an additional week in which to purchase coverage within the New York health insurance deadline. This added seven days will help people to make sure they can get the health plans while shopping on the state exchange. Following the extension, the new deadline for state residents has become February 7. The new deadline gives residents an additional opportunity to shop on the New York health insurance exchange. This…

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Affordable Care Act decreased health insurance racial disparities, study

Racial disparities - Images of People

New research shows that Obamacare has made coverage more accessible to black and Hispanic adults. The Affordable Care Act (A.C.A.) caused a substantial reduction in racial disparities within health insurance access and coverage. This was particularly true among black and Hispanic adults, said a Commonwealth Fund report. The trend was particularly prevalent in the states that broadened their Medicaid eligibility. Before the Affordable Care Act went into effect, racial disparities were found to be substantially larger than what is reflected in the most recent available data. In 2013, the gap…

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Cigna and Oscar Insurance Partnership to Sell Small Business Health Plans

Small Business Health Plans - Doctor with stethoscope

The insurers have announced they will be launching the products in several U.S. markets. Cigna and Oscar Health have announced their intentions to launch small business health plans across a number of commercial markets in the United States. The partnership intends to move forward with the move together, letting them split the potential risk. Oscar is an insurance company best known for selling individual plans on the Affordable Care Act’s exchanges. The company has been seeking to broaden its offerings in a growing number of American individual and small business…

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Obamacare enrollment through HealthCare.gov has dropped to 8.3 million

Obamacare Enrollment - people statistics

Those figures are about 200,000 lower than they were at the same time last year. New HealthCare.gov data has shown that Obamacare enrollment has dropped by about 200,000 since last year. This has brought the current numbers to 8.3 million on the federal exchange site, said the U.S. government. The data is only preliminary, but it indicates that Americans haven’t enrolled at the same rate. The Obamacare enrollment data includes only the sign-ups made through the HealthCare.gov federal exchange site. It includes the numbers as of December 17, and therefore…

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