Will Trump health care system lower your premiums?

Trump Health Care Congress Speech - Last Week Tonight John Oliver

Despite the intention to sell health insurance across state lines, many don’t forecast dropping rates. President Donald Trump spoke before Congress for the first time and reaffirmed his intention for a new Trump health care system. Among the primary changes to the Affordable Care Act (Obamacare) would be the ability for health insurance companies to sell policies across state lines. That said, many analysts are doubtful that this change to the law will reduce health insurance premiums. The actual details of a future Trump health care reform still have yet…

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Health insurance companies are making Americans happier

affordable care act health insurance coverage

Recent data shows that consumers are more satisfied with their insurers than they were 2 years ago. New research is showing that people like their health insurance companies more now than they did a couple of years ago. At the same time that they seem more satisfied with their insurers, they have not warmed up to the Affordable Care Act. As insurance company satisfaction rises, people are liking the Affordable Care Act less than they previously did. Despite the fact that coverage is weakening and premiums are rising, health insurance…

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Americans are shopping outside health insurance exchanges for coverage

Group Health Insurance Exchanges

Millions of people are buying health plans off the marketplaces to avoid massive rate hikes. As premiums are headed skyward at many health insurance exchanges, people are looking for alternatives. Many Americans have decided to stop shopping in those official markets. Instead, they are purchasing health plans through insurance companies off the exchanges. The purpose is to try to avoid being faced with the rate hikes that are often in the double digits. The Obama administration is working to reverse this trend. The goal is to make health insurance exchanges…

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Will higher health insurance rates keep insurers in the exchanges?

health insurance rates

Regulators across the country are allowing insurance companies to make health plans more expensive. State regulators across the nation have been steadily giving the nod to increased health insurance rates. In fact, many have made it possible for those insurers to raise premiums more than the companies had requested. This may appear to be in opposition to the goal of keeping rates as low as possible for consumers. However, a data analysis conducted by USA TODAY suggested a different purpose for these decisions. The national newspaper indicated that the regulators…

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Will 1.4 million people lose their health insurance plans in 2017?

health insurance plans

As insurers withdraw from many exchanges, many Americans may find themselves scrambling for new coverage. A new study revealed that the impact of insurers stepping out of the Obamacare marketplaces could leave many Americans without health insurance plans. In fact, as many as 1.4 million people could lose their coverage and have to replace it by 2017. The states expected to be affected the most by insurance company withdrawal are North Carolina and Florida. Over the last few months, a rash of large health insurance companies have stepped out of…

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