Obamacare sees 12.7 million health insurance enrollments

Health Insurance exchange

The federal and state exchanges have now surpassed the predictions made by the government. U.S. Health and Human Services Secretary Sylvia Burwell, has announced that the health insurance exchanges established through Obamacare have now enrolled approximately 12.7 million Americans, which means that this year’s predictions have been exceeded. The most recent open enrollment period came to a close at the end of January with strong results. The government first started offering individual health insurance subsidies under Obamacare in 2014 but, at the same time, it applies a penalty to the…

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Health insurance gap for Asian Americans is the White House’s latest target

asian american man health insurance gap

This will be a week of action to try to encourage this community to purchase medical coverage. There has been a notable health insurance gap in the enrollment of Asian Americans as well as those of Pacific Island descent, which has existed since open enrollment first began through the Affordable Care Act in 2013. The White House is hoping to use this week to speak to this ethnic community and provide coverage education. Since the beginning of the Affordable Care Act’s open enrollment period in 2013, the number of people…

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Health insurance enrollments remain low among young adults

health insurance marketing young woman

The Affordable Care Act needs younger and healthier consumers to sign up to offset costs from older policyholders. As much as the Affordable Care Act has seen a considerable growth in the number of uninsured people who have been signing up for health insurance through the exchange websites, there is one considerable area of struggle that it has been facing in terms of sign-ups: young adults. This problem isn’t a minor one, as the ACA had been relying on healthy people to offset the expenses of the sick. As young…

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Enrollments in New York health insurance spike

health insurance companies profits

This year, there have been a large number of people who have purchased coverage in the state. Since the start of this year, there has been a considerable increase in the number of people who have enrolled for New York health insurance through the state’s official exchange marketplace. There are a number of reasons that New Yorkers seem to have jumped on board the coverage bandwagon. Western New York Health-care Association president, John Bartimole, has stated that one of the primary reasons that there has been an increase in participation…

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Special enrollment period open for those without health insurance coverage

health insurance enrollment

Those without insurance could find coverage through federal exchanges through new enrollment period A special enrollment period will be open for those without health insurance coverage in the United States. The enrollment period is meant for those that have recently discovered that they will be subject to financial penalties for being uninsured. The Centers for Medicare and Medicaid Services cited a recent survey that found as many as 40% of uninsured people were unaware of federal penalties for lacking coverage. The special enrollment period could help solve this problem. Special…

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