American health care turned on its head by Amazon, JPMorgan and Berkshire Hathaway

Amazon Home Insurance - Amazon box

The three companies are entering into a partnership to address medical care issues for their US employees. Amazon, JPMorgan Chase and Berkshire Hathaway have announced that they will be working together to discover ways to improve American health care for their U.S. employees. The goal will be to boost their worker satisfaction while lowering costs related to illness and care. The three giants will be looking to offer better American health care to their employees by way of an independent company. That firm will be free from incentives and restrictions…

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Minnesota and New York file Trump administration lawsuit over health care funding cuts

Minnesota Health Insurance Trump Administration Lawsuit

The states have sued the administration for having slashed federal funding for their low-income populations. The state of Minnesota has filed a new Trump administration lawsuit, challenging the decision to cut federal funding for the state’s public health care program. The program is designed to assist those who are employed but who remain below the poverty line. Attorney General Lori Swanson first announced the legal action at the end of last week. The purpose of Minnesota’s Trump administration lawsuit is to stop the federal government for being able to put…

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Strong health insurance registrations surprise ACA opponents and supporters, too

ACA health insurance registrations exchange

Despite the president’s claims that Obamacare was repealed, the health care law saw its strongest results. Not twenty four hours after President Donald Trump said the Affordable Care Act “has been repealed,” health insurance registrations data showed the strongest year. Officials reported that 8.8 million Americans enrolled in health plans on the federal insurance exchange to cover them next year. Those numbers don’t yet include the data from insurance exchanges run by individual states. The 2018 health insurance registrations on HealthCare.gov were strong enough that they nearly achieved the 2017…

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Health insurance exchanges start fifth annual open enrollment period under ACA

Health insurance exchanges - American healthcare reforms

The Affordable Care Act is moving forward with its marketplaces despite repeated efforts by Republicans. The last year has represented a consistent Republican effort to stop the health insurance exchanges from moving forward in the form they initially took through the Affordable Care Act. That said, despite the GOP’s attempts, the marketplaces have opened their doors for their fifth annual open enrollment season. The 45 day long window to purchase health insurance opened on Wednesday morning with the start of November. Now, eligible Americans across the country will be using…

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State insurance regulators start approving rate hikes to cover Trump’s slashed subsidies

trump health insurance regulators premiums rates

Officials in Maryland have already given their approval to the last minute increases, but others are following. Insurance regulators in many states are starting to look into last minute health plan rate increases to compensate for the elimination of Affordable Care Act subsidies. Michigan officials have warned that they are already looking into the increases that they are likely to approve. At the same time, Maryland insurance regulators have already given their approval to the rate hikes. These increases are a direct response to President Trump’s executive order that eliminated…

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Medicare expansion through single payer health care gets support of 15 senators

bernie sanders health insurance medicare expansion

While Democrats lean toward Sanders’s single payer system, Republicans oppose the measure. Fifteen Democratic senators have shown their interest in a single payer health-care system through widespread Medicare expansion. This represents a considerable shift among Democrats, who have previously seen this type of strategy as politically perilous. Until now, most lawmakers have avoided this type of concept like the plague, but this seems to have changed. Senate Democrats have co-sponsored a measure Senator Bernie Sanders (VT – Independent) proposed yesterday. It was created for broad Medicare expansion in order to…

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Health insurance penalty for failing to purchase coverage will remain

Health care vote insurance Donald Trump

Those opposed to the Affordable Care Act once again failed to pass the whittled-down version of the GOP legislation. The latest attempt by opponents of the Affordable Care Act (ACA) to remove the health insurance penalty for not being adequately covered have failed yet again in passing legislation to repeal President Barack Obama’s health care law. On Friday, the Senate defeated the most recent version of the health care law’s repeal legislation. Among the main reasons cited by GOP lawmakers for trying to overturn the ACA is the penalty for…

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Health care vote likely today after delay from Trump’s failure to find support

Donald Trump - health care repeal

Despite extensive efforts to encourage members to see his side, the president has yet to gain enough votes. House leaders postponed the health care vote that had been expected to occur on Thursday. The GOP’s intention had been to repeal the Affordable Care Act. Trump and his supporters worked diligently to address demands made from lawmakers who refused to support the overhaul bill. Despite considerable efforts, Trump was unable to convince enough of the lawmakers to make it pass. The House Republicans met behind closed doors late in the day…

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Insurance industry slams Paul Ryan for lack of comprehension

Paul Ryan insurance industry

The internet and social media lit up when the Speaker of the House of Representatives made a strange declaration about health insurance. The insurance industry was shocked by a recent statement from Speaker of the House of Representatives, Paul Ryan. He recently expressed his displeasure with the fact that premiums from healthy individuals are being used to subsidize the premiums of sick people. Social media, particularly Twitter, immediately blew up to inform Ryan that this is how insurance works. The insurance industry – including professionals and consumers alike – took…

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Consumers are losing satisfaction with health insurance providers

health insurance coverage

Satisfaction is falling among consumers with health insurance coverage in the US Consumer satisfaction in health insurance in the U.S. has gone down, according to a new report from the American Customer Satisfaction Index. Many of the country’s leading health insurance providers scored a 69 out of 100 in terms of consumer satisfaction. There are many reasons why consumers may be unsatisfied with their insurance providers, but the Affordable Care Act may not be something that has affected satisfaction among consumers in a significant way. The Affordable Care Act may…

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