Report shows that 5.4 million people have obtained insurance coverage through the Affordable Care Act A new report released by the Urban Institute shows that 5.4 million people have received health insurance coverage under the Affordable Care Act. The controversial health care reform law has been the subject of contention since its passage in 2010. Opponents of the law have long argued that the law would make insurance coverage significantly more expensive, prohibiting people from acquiring the coverage they need. The report, however, suggests that the law may have been…
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Health insurance plans are being snatched up with the deadline looming
The end of the 2014 open enrollment period for the health care reform is only just over a week away. The Obama administration announced earlier this week that over 5 million people have now enrolled for health insurance under the Affordable Care Act, which suggests that the number of people signing up has picked up speed as the deadline for this year rapidly approaches. In the first half of this month, alone, an estimated 800,000 people signed up for coverage on the exchanges. Officials released a blog post that provide…
Read MoreIllinois is on track to reach health insurance exchange enrollment goals
Enrollment in state’s insurance exchange continues to accelerate as people become more conscious of March 31 deadline In Illinois, enrollment in the state’s health insurance exchange has begun to pick up momentum. Nearly 900 people are enrolling for coverage through the exchange on a daily basis, according to figures released by the Department of Health and Human Services. Some 113,733 people throughout the state have enrolled for coverage through the exchange in the first five months of its existence. Similar results are being seen in other states when it comes…
Read MoreHealth insurance exchange deadline approaches
As deadline looms, acquiring insurance coverage is becoming more important The time is coming when the open enrollment period for insurance exchanges in the U.S. will no longer accept new enrollees. The open enrollment period ends on March 31 and many people throughout the country have begun scrambling to enroll for coverage through both state-run and federal exchanges before then. Exchanges offer services that cannot be found in the private market, such as offering access to subsidies from the federal government that are meant to offset, if not eliminate, the…
Read MoreIllinois launches new initiative to promote health insurance
State aims to encourage enrollment into its insurance exchange As the open enrollment period for state and federal exchanges in the U.S. approaches its end, many states are now making concerted efforts to boost enrollment rates in these exchanges. Per the Affordable Care Act, the open enrollment period is set to end on March 31. After this time, consumers will no longer be able to apply for health insurance coverage through exchanges until a new open enrollment period begins. New initiative aims to help inform consumers about the services available…
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