Research reveals gaps in coverage from health insurance

Health Insurance

A recent U.S. survey shows gaps in the health insurance coverage among American adults. A health insurance survey conducted by the Commonwealth Fund nonprofit has shown that among American adults between the ages of 19 and 64, more than one in four did not have coverage at some point in 2011. Almost 70 percent of those individuals had already been without coverage for over a year by that time. The Commonwealth Fund is considered to be a leading health policy authority. These areas of lacking in health coverage are one…

Read More

Medical loss ratio provision could have saved Illinois residents millions according to Commonwealth Fund report

Health care reform medical loss ratio study The Commonwealth Fund, an independent foundation based in New York that researchers health care policies, has released a new report concerning the medical loss ratio (MLR) provision of the Affordable Care Act. The MLR provision requires insurance companies to spend no less than 80% of the money they collect from premiums on improving medical care. If insurers cannot meet this standard, the money must be returned to policyholders. The provision took effect in 2011, but has been mired in litigation and bureaucracy, which…

Read More

Report shows that West Virginia’s health insurance costs are rising dramatically

The Commonwealth Fund, a private foundation working to improve the health care system, has released a new report concerning the state of health insurance premiums in West Virginia. According to the report, premiums in the state have risen by 55% in the last decade, with deductibles jumping by 84% in the same amount of time. The report suggests that the state has the 14th highest premiums in the nation. This puts major financial stress on state residents as West Virginia is home to the lowest median income in the U.S.…

Read More

New health insurance survey reveals an alarming rate of uninsured Americans

A new health insurance survey shows that more than 9 million adults lost their health insurance coverage due to job loss in 2010. The Commonwealth Fund 2010 Biennial Health Insurance Survey, which was released Wednesday, estimates that 57% of people in the country become uninsured because of the recession. It paints a grim picture for millions of families reporting who have been stricken by job loss. The ailing economy had made it difficult to find work, particularly employment that offers benefits. Despite a recovering economic climate, families are still at…

Read More

The Nation’s scorecard for health care performance

The Commonwealth Fund, a private foundation that promotes higher performing levels of health care, released a new report showing a state to state comparison of health care performance. The report or some refer to as a scorecard,  paid special attention to children’s health care and was judged on 20 different criteria’s, some of those being:  access to care, treatments, insurance and prevention. Cathy Schoen, senior VP of the Commonwealth Fund, stated in a news release, “The study demonstrates how policies designed to maintain children’s health insurance and access to health…

Read More