Health insurance trends show many covered Americans still aren’t seeking care

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Millions of people are skipping medical care despite the fact that they have a policy. A survey commissioned by the American College of Emergency Physicians provided notable insight into health insurance trends. Unfortunately, it has revealed that many people who have a health plan are skipping medical care. They are showing increasing discontent with the expense and quality of their health plans. Almost a third of survey participants felt their health insurance coverage had declined over the past year. Only 15 percent of the participants in the health insurance trends…

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Health insurance cost is leading concern for consumers

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Choice is not as high up on the importance list when it comes to health plan shoppers. A federal analysis revealed the top concern as health insurance cost among consumers shopping for coverage. Millions of people purchase their health plans on the insurance exchanges in order to comply with the Affordable Care Act. Their top goal when buying health insurance is to be able to save money on the plan they purchase. Several different factors were taken into consideration when examining the issues that mean the most to consumers. Health…

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Health insurance deductibles in Alabama will soon be higher

Alibama Health Insurance Costs

Consumers have expressed concern over their ability to afford to use the coverage they’ve purchased. Residents of Alabama have been voicing frustrations over an upcoming increase to the deductibles they pay out of their own pockets for health insurance they’ve purchased under the requirements of the Affordable Care Act. They have stated that the combination of higher premiums and deductibles are making coverage less affordable. The premiums being paid for health insurance in Alabama increased by an average of 28.3 percent over the last year. This was tough on many…

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Growing number of clinics could affect health insurance costs in the US

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Health clinics are becoming more common in the US The number of retail health clinics in the United States is growing and this may be having an effect on the overall spending on medical services throughout the country. A new study published in Health Affairs suggests that the belief that low-cost clinics would lead to less health care spending may be inaccurate. These clinics are designed for those without health insurance coverage and those that are underinsured, existing as a way for these people to acquire the medical care that…

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Insurance costs are driven skyward by some ailments more than others

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New research has revealed the catastrophic ailments are the most expensive for insurers to cover. The results from a recent study that looked into health insurance costs has now revealed the 10 types of catastrophic ailments that are the priciest for insurers to have to cover as a part of their plans. Among the leading types of condition is going into labor early and having a preterm baby. Preterm births occur about 450,000 times every year and have been found to be among the highest insurance costs, says the new…

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The impact of one hour of sleep on health care costs

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Daylight savings time strips drivers of one hour of sleep, causing a surprising and costly result. One hour of sleep may not seem like a tremendous amount, but as the majority of the country grumbled over having to “spring forward” with daylight savings time, health care costs saw a notable, short term spike that will only repeat itself at the same time next year. Many studies continue to show that even one hour of sleep can have detrimental effects. At the same time that the majority of people do like…

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Health Care Reform: The Real Issue

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Everywhere someone is talking about Health Care Reform… politicians, consumer groups, and the media.  Big insurance carriers have become a target and are disparaged repeatedly for continuing to raise premiums.   While everyone focuses on health insurance reform, no one looks at what causes these sky high increases:  the rising cost of health care.  According to the Centers for Medicare and Medicaid Services, by 2019 health care spending will near $4.4 trillion.  The California Health Care Foundation reported that health care spending is rising three times faster than inflation.  Additionally, Medicare spending is…

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Insurance news from China shows expansion of health coverage

China Health Insurance agents

Chinese medical protection will be broadened to make sure that the sick can afford care. The latest insurance news from China is that the country has now announced that the national health coverage will be experiencing a notable expansion by bringing private insurers into the fold so that more major diseases will be covered. The goal is to shrink the mortality gap between urban and rural residents. It is also hoped that this will help to keep costs to a minimum. According to the Chinese health minister, Chen Zhu’s statement…

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How Much Money Will I Need to Retire Just for Health Care Costs?

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A 65-year old couple that intends to retire this year will need $240,000 for their medical expenses. An analysis released by Fidelity to answer the question “how much money will I need to retire just for health care costs?” has shown that a couple who is 65 years old and intends to begin retirement in 2012 will require approximately $240,000 to pay for the medical expenses they will incur over the rest of their lives, if they do not have employer-provided retiree coverage. This is an increase of 4 percent…

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Study shows that states could see major benefits from establishing health insurance exchanges

A new study from the Urban Institute, an organization that investigates social and economic problems in the U.S., suggests that Oklahoma, as well as 14 other states, could see major benefits from establishing a health insurance exchange. The study shows that, at this point, Oklahoma has done the least to make progress on the project, apart from states that have refused the law completely. A health insurance exchange would have a significant economic impact for the state and its peoples, according to the Urban Institute. Over the past year, three…

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