Expansion of health insurance coverage has been a boon for those with chronic illnesses

research health insurance chronic illness

Study shows that health insurance coverage has grown significantly in the US The Harvard T.H. Chan School of Public Health has released a new study that shows that the expansion of health insurance coverage under the Affordable Care Act has had major benefits for those with chronic medical issues. The study suggests that those with chronic issues, such as high cholesterol and diabetes, are more likely to be properly diagnosed. By comparison, uninsured people that seek out medical services for their chronic conditions are unlikely to receive a proper diagnosis.…

Read More

Health insurance subsidies are in danger in the US

health insurance costs subsidies

Insurance costs could spike in the US if subsidies for health  coverage is struck down by the Supreme Court Health insurance costs could skyrocket in the United States, depending on a decision from the Supreme Court. The country’s highest court is set to begin hearing a case by the end of this week regarding the legality of subsidies offered by the federal government. Per the Affordable Care Act, the government offers subsidies that are meant to offset the cost of health insurance coverage acquired through a state or federal exchange.…

Read More

New report calls into question the availability of employer-sponsored health insurance

Employees Health Insurance Plan

Report predicts that employers could put an end to their insurance plans The Congressional Budget Office has released a report that predicts that 10 million people will lose their employer-sponsored health insurance coverage by 2021. The report suggests that this will be due to provisions of the Affordable Care Act. If accurate, this prediction would run opposite to a statement from the White House that ensured people that they would be able to keep their health insurance coverage. This statement has already been scrutinized in the past, when insurers opted…

Read More

Health insurance premiums for exchange policies to remain stable

Health Insurance Premiums Rise

Report highlights the stability of premiums for policies sold through state and federal exchanges The Urban Institute and the Robert Wood Johnson Foundation have released a new report concerning the premiums of insurance policies sold through exchange networks in the U.S. The report notes that policies sold through these exchanges were less expensive than had been anticipated this year. For some time, insurers had suggested that insurance premiums would skyrocket due to the provisions of the Affordable Care Act, but this has not yet been seen. Premiums are not expected…

Read More

Health insurance plans are being snatched up with the deadline looming

Health Insurance exchange marketplaces

The end of the 2014 open enrollment period for the health care reform is only just over a week away. The Obama administration announced earlier this week that over 5 million people have now enrolled for health insurance under the Affordable Care Act, which suggests that the number of people signing up has picked up speed as the deadline for this year rapidly approaches. In the first half of this month, alone, an estimated 800,000 people signed up for coverage on the exchanges. Officials released a blog post that provide…

Read More

Health insurance exchanges may fall short on enrollment

Health Insurance exchange marketplaces

Exchanges continue to struggle with technical problems Ongoing problems with the federal insurance exchange network in the U.S. may mean that the enrollment goals for HealthCare.gov may be impossible to meet. Exchanges throughout the country began operation on October 1, 2013, but relatively few people have been able to apply for coverage through exchanges managed by the federal government. Severe technical issues crippled HealthCare.gov in its early weeks, making it impossible for many people to apply for health insurance coverage through the federal exchange network. Agency lowers estimates concerning enrollment…

Read More

Health insurance provision delay could be a costly measure

health insurance

Health insurance provisions of the Affordable Care Act could cost the country money The Congressional Budget Office has released a new report concerning the delay of certain provisions of the Affordable Care Act. Early in July, the Obama administration decided that a number of key provisions of the Affordable Care Act would be delayed in order to allow businesses to better prepare for the financial implications of the federal law. The delayed provisions are focused on small businesses, requiring them to provide health insurance coverage to full-time workers. Small businesses…

Read More