Health insurance trends among employers defining themselves across the country

health insurance companies profits

Though the overall direction seems to be a decline, this is not so in Massachusetts. The results of a newly released report on health insurance sponsored by employers from one state to the next, has revealed some interesting trends occurring across the country as well as in some specific states. The data has indicated a change in direction for much of the country, though not in some states. The State Health Access Data Assistance Center’s study, which was funded by the Robert Wood Johnson Foundation, showed that while employer sponsored…

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Health insurance survey shows struggles among New Hampshire residents

New Hampshire Health Insurance

Study reveals that few understand the markets for medical coverage in the state. New Hampshire is getting ready to begin its health insurance marketplace, as per the federal healthcare reforms, but a recent survey has shown that the vast majority of the residents of the state either don’t understand the changes or are completely unaware that they will be occurring. The marketplace is being created by the state and should be open for enrollment by October. The health insurance exchange in the state is going to be called the New…

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Health insurance satisfaction seen in most Americans

homeowners Insurance Consumer Satisfaction

A Gallup poll has shown that the majority of people in the United States are happy with their coverage. According to a survey that was performed by Gallup, 67 percent of adults in the United States reported that they felt that their health insurance coverage was either good or excellent. This may be a positive statistic, but it is actually a drop when compared to last year’s data. Last year, the same survey determined that 72 percent of adult Americans felt that their health insurance coverage was either good or…

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Health insurance costs have risen by 62 percent

Health Insurance rate increases

Family coverage has skyrocketed since 2003, showing the increasing expense for those paying for plans. According to the latest health insurance data from the Commonwealth Fund in a recently released report, the total cost for a family plan – for both employers and for employees – broke the $15,000 mark last year, which represented an increase of 62 percent since 2003. Wages, on the other hand, increased by only 11 percent during that same period of time. The cost of commercial health insurance has undergone an increase in its price…

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Insurance denial rates run rampant throughout the country, new data shows

New data from the federal Department of Health and Human Services shows that a large number of health insurance applications sent to Anthem Blue Cross and Blue Shield are rejected. While rejections are not uncommon in the insurance business, the rate at which insurers are denying applicants has raised the concerns of federal regulators. Reportedly, some of these rejections are spurred by what may appear to be minor events, such as an applicant visiting an emergency room because of injury or going to see a chiropractor for back pain. According…

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A news study shows the costs of health care are rising as well as uninsured rate

A new report from the Commonwealth Fund, a nonprofit organization championing a more efficient health care system, shows that as the costs of health insurance rise, the number of people with health insurance plummets. The report cites growing tensions within the economy as consumers struggle to cope with higher costs of living and widespread job loss. In 2010, the organization estimated that 29 million people did not have health insurance, a number that had been 16 million seven years before. Among those losing health insurance coverage are those with jobs.…

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