The falling uninsured rates trend in the state is expected to make a U-turn due to ACA changes. Up to 800,000 fewer people will have a California health insurance plan in 2023, according to recent research estimates. Changes made to the Affordable Care Act have reduced the incentive to purchase coverage. This will reverse an improvement trend in coverage rates that has extended over many years. The Affordable Care Act had been steadily reducing the number of uninsured Californians. Recent changes to official policy would remove the Affordable Care Act’s…
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Covered California health insurance exchange open enrollment begins
This week marked the start of the registration period for people to buy health plans for 2019. Covered California has opened its doors for selling health insurance to state residents who don’t receive benefits through the government or their employers. The insurance exchange is now selling plans for 2019 coverage. The state-run insurance marketplace gives Californians up until December 15 to enroll. Consumers who purchase their plans through Covered California by December 15 will have their coverage in place as of January 1, 2019. That said, there is a second…
Read MoreIndividual mandate repeal causes health insurance gap in many states
Several states are now scrambling to come up with a way to make coverage more affordable. After the individual mandate penalties were removed for failing to purchase coverage, a health insurance gap has formed in many states across the country. This has left some states struggling to make their health care affordable. As people drop their coverage health care in the states will become increasingly expensive. The only state in the country that required coverage after last year’s dismantling of the Affordable Care Act was Massachusetts. Increasingly unfavorable markets caused…
Read MoreHealth insurance plan coverage reaching all but 7 percent of Californians
A new nationwide study conducted by the National Center for Health Statistics examined uninsured rates. Nearly 29 million Americans across the country currently lack a health insurance plan. This is a considerable reduction in the uninsured rate. In 2010, almost 49 million Americans didn’t have health insurance coverage. Californians are faring even better than the rest of the country in terms of their coverage rates. That said, on the other end of the spectrum, Texans are the Americans least likely to have a health insurance plan. In that state, 20…
Read MoreIowa’s stopgap health insurance plan is illegal, say critics
Opponents to the state commissioner’s plan say it would excessively burden moderate income Iowans. Iowa has been considering a stopgap health insurance proposal to help the state to prop up its shaky coverage market. However, critics are saying that this strategy would violate federal law. The reason is that they claim it would force moderate income Iowans to have to spend far more for coverage. In fact, opponents say those state residents could be forced to pay thousands more every year if the stopgap health insurance strategy was to move…
Read MoreMedicaid insurance plans receive federal standards makeover
The Obama administration has now established a new set of standards for these private coverage plans. The primary source of coverage for millions of Americans, Medicaid insurance plans, are undergoing a significant change as the Obama administration has now laid out a fresh set of standards to which these policies must adhere. The new rules have been designed to address insurance companies that serve Medicaid customers. There are 39 states in which insurance companies are serving as a kind of middleman in order to make sure that customers have coverage.…
Read MoreAetna steps out of America’s Health Insurance Plan
The third largest and powerful healthcare plan provider in the country has stepped out of the group. The third largest medical insurer in the United States has now announced that it will be quitting America’s Health Insurance Plan, which is the powerful lobbying group in the industry that has been standing behind Obamacare. This is the second large health insurance company to leave the group, following the departure of UnitedHealthCare. Back in June, UnitedHealthCare announced that it was to be the first insurer to leave America’s Health Insurance Plan (AHIP).…
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