Medigap insurance policies are frequently overlooked despite the benefits they offer

Medigap - Benefits of health coverage

About 14 million Americans own a Medicare Supplement policy, including seniors for whom it is viable. Medigap (Medicare Supplement) insurance is often left out of the spotlight when compared to Medicare Advantage, though it has a considerable amount to offer Americans, including seniors, for whom it is a very viable option. Medicare Supplement policies are carried by millions of Americans, but not all options are equal. This year, the American Association for Medicare Supplement Insurance has focused on the delivery of two central messages for consumers regarding Medigap coverage. The…

Read More

93 Percent of employees content with their health insurance plans

Health insurance - happy employees

The vast majority of workers are happy with the employer sponsored coverage they’re receiving. Most Americans are content with the employer-sponsor health insurance coverage they have and identified it as the most important benefit that they can receive from an employer, according to a Seven Letter Insight poll conducted on behalf of the Protecting Americans’ Coverage Together (PACT) campaign. The survey included the participation of 2,334 respondents covered by employer-sponsored plans. The health insurance poll took place between November 14 and November 19, 2022. The coverage was identified as the…

Read More

The price of health insurance is rising…but not as fast as goods and services

Health insurance - Cost - Medical

Despite its growth rate of 20 percent, it is being outpaced by national average goods and services prices. Though higher health insurance prices hardly came as a surprise this year, given the rising price of essentially everything these days, what wasn’t quite expected was that the cost of a plan didn’t rise as fast as the average price of goods and services across the United States. What has yet to be seen is what the impact of rising goods and services prices will eventually have. Since health insurance doesn’t exist…

Read More

California seeks to achieve largest possible worker health insurance subsidies

California Health Insurance - Employees denied

The goal is to ensure that workers receive the maximum assistance for coverage during labor disputes. California is aiming to ensure that workers in the state will receive the largest possible health insurance subsidies throughout labor disputes. This move is in response to a number of recent incidences when workers have been told they are losing their coverage throughout strikes and other similar disputes. Workers are having their coverage cut off or are threatened to lose coverage if they don’t return to work. For instance, earlier this year, Chevron workers…

Read More

Federal health insurance marketplace gives preview of Open Enrollment offerings

Health insurance marketplace - Keyboard

The Biden-Harris Administration is allowing for some window-shopping for US consumers. The 10th Open Enrollment period for the health insurance marketplace will begin tomorrow, but US consumers can check out what will be available early, with window shopping for plan choice, affordability and quality. The federal exchange officially starts accepting enrollments tomorrow, but today you can have a look. Consumers can head to the health insurance marketplace to preview the options available to them and to consider which coverage best suits their needs and where they can save money. The…

Read More

Does Insurance Coverage Cater To Cancer? All You Need To Know

Does Insurance Coverage Cater To Cancer?

The unfortunate thing about cancer is that it does not discriminate. It can affect anyone at any time, and often with little warning. And this makes it all the more necessary to have adequate health insurance coverage if you or a loved one should ever be diagnosed with the disease. Most health insurance plans will cover at least some of the cost of cancer treatment, but the coverage can vary significantly from one plan to another. It is necessary to know what your policy covers and doesn’t so you can…

Read More

HHS to invest over $49 million into health care for kids and parents

Health care - Investment - Piggy Bank

The funds will be in the form of 36 awarded grants to strengthen Medicaid and the Affordable Care Act. The US Department of Health and Human Services (HHS) has announced through its Centers for Medicare & Medical Services (CMS) that it is awarding grants worth a total of $49 million to organizations working to reduce the rate of uninsured Americans and to bring health care access to more kids and parents alike. This represents the largest outreach and enrollment effort from the HHS through Connecting Kids to Coverage. The investment…

Read More