A ValuePenguin study revealed that 29 percent lost their plans in 2020, and many remain uninsured. Twenty-nine percent of Americans lost health insurance coverage during 2020, say the results of a ValuePenguin healthcare study. Among those who did lose their coverage, more than half continue to be uninsured in 2021. It should be noted that the study was a limited one, involving only 2,000 participants. Therefore, the accuracy of its representation of nationwide trends has been called into question. That said, the research suggested that 45 percent of consumers seeking…
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High health care costs still “catastrophic” to millions despite insurance coverage
High price tags for services and drugs remain a problem, despite widening ACA cover, says study. High health care costs can be detrimentally high for millions of Americans, even when they are already covered by insurance plans, says a new study. The price of medical necessities such as an insulin kit, for example, often make them cost-prohibitive. The study was recently published in JAMA and showed that even with insurance coverage, worries about high health care costs remain in place. Even as the Affordable Care Act (ACA) continues to gain…
Read MoreImportant Things to Consider When Choosing a Health Insurance Plan
Purchasing health insurance is one of the most important decisions that you can make for yourself and your family. As a small business owner, it’s important to choose the health insurance plans that will keep your team members healthy and able to work. While the process may seem complicated, it doesn’t have to be. There are certain things to look for when it comes to choosing health insurance to make sure that you won’t be looking for hospital supplies online as opposed to getting the care that you need from…
Read MoreCollege students on Medicaid told to purchase private health plans or leave
Brigham Young University-Idaho no longer accepts the free government insurance program. Students on Medicaid at Brigham Young University-Idaho recently discovered that the school no longer accepts the free government insurance program. The unusual announcement was made as the college’s students began winter semester enrollment. The number of students on Medicaid is expected to rise in Idaho in January as the free government health insurance program expands starting in 2020. Brigham Young University-Idaho, like a large number of post-secondary institutions, requires all its students to have health coverage. However, this month…
Read MorePercentage of Americans Covered by Health Insurance Plans Fell in 2018
This represents the first time coverage levels have fallen since the Affordable Care Act went into effect. For the first time since 2009 – the year before the Affordable Care Act was implemented – the percentage of Americans with health insurance plans fell last year. Until 2018, the share of U.S. residents with health insurance had risen each year since 2010. The drop in the share of Americans covered by health insurance plans has occurred regardless of the strength of the economy. Therefore, it was speculated in a New York…
Read MoreAging immigrants with health insurance are at a lower cardiovascular disease risk
Even with the powerful benefits coverage has to offer, immigrants are typically underinsured. Aging immigrants have a far lower cardiovascular disease risk when they have a health plan to cover their medical needs. This is particularly true among individuals who have only recently arrived in the United States. This was the conclusion of a recent study conducted by NYU Rory Meyers College of Nursing researchers. The study was published in the Journal of Nursing Scholarship. Simply having health insurance coverage plays an integral role in the risk associated with heart…
Read MoreCovered 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…
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