Alexandria Ocasio-Cortez pays less for health insurance now than as a waitress

Alexandria Ocasio-Cortez

The youngest congresswoman in US history says she paid far more for coverage as a server. Alexandria Ocasio-Cortez has become the youngest woman to ever be elected to Congress. A year ago, she had been working as a waitress. At that time, she says she was paying twice as much for health insurance as she is as a congresswoman. Ocasio-Cortez now represents New York’s 14th district in Congress. Congresswoman Alexandria Ocasio-Cortez has been transparent about the transition she has experienced over the last few months. For instance, she has live…

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ACA health insurance premiums fall for the first time

ACA health insurance - Decline - Graph

The average amount that American pays for the most popular Obamacare plans is dropping. The average premiums paid for the most popular ACA health insurance plans have fallen for the first time. These Obamacare plans have become more affordable for the first time in six years. The average paid for these health insurance plans is dropping slightly, reversing a rising trend. Across the 39 states that use HealthCare.gov, there is an average drop in ACA health insurance premiums of 1.5 percent for 2019. This is occurring in the coverage tier…

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Health plan premiums could rise by $2,000 for older Americans under Trump proposal

Health Plan Premiums Could Rise

The Trump administration has proposed a rule to allow short-term policies to provide longer coverage. Trump’s proposal regarding short-term policies could drive health plan premiums skyward. Older American adults would be the most affected by this change. The proposal involves allowing 364 days of coverage instead of the current cap at 3 months. Short-term health policies typically come with smaller premiums than full one-year plans The short term policies are sold not through the Affordable Care Act (ACA) insurance exchanges. They come with lower health plan premiums because they don’t…

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California health insurance premiums may spike, analysis

California health insurance premiums - American and Californian flag

Covered California predicts a possible spike in rates residents are paying for policies. California health insurance premiums may sharply rise over the next few years. In fact, Covered California’s own analysis predicts a 35 percent increase by 2021. When compared to the current rates, Californian consumers may pay 35 percent more over three years. The state is among a total of 15 predicting average rate hikes of 35 percent by 2021 compared to their current rates. Across the United States, consumers purchasing coverage on an insurance exchange may pay more.…

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GOP tax plan will cause health insurance rates to spike

GOP tax plan health care vote - President Donald Trump Official Portrait

If the Republicans manage to pass their tax plan as is expected this week, coverage may get much pricier. If Republicans successfully pass the GOP tax plan this week – and the expectation is that it will – health insurance could become much more expensive for Americans, say opponents. The final version of the Republican plan will repeal the individual insurance mandate of the ACA. The Affordable Care Act (ACA) requires Americans who don’t have health insurance coverage through their employers, other groups, Medicare or Medicaid, to purchase coverage for…

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State insurance regulators start approving rate hikes to cover Trump’s slashed subsidies

trump health insurance regulators premiums rates

Officials in Maryland have already given their approval to the last minute increases, but others are following. Insurance regulators in many states are starting to look into last minute health plan rate increases to compensate for the elimination of Affordable Care Act subsidies. Michigan officials have warned that they are already looking into the increases that they are likely to approve. At the same time, Maryland insurance regulators have already given their approval to the rate hikes. These increases are a direct response to President Trump’s executive order that eliminated…

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GOP opposition to ACA subsidies suspends bipartisan health care agreement

aca subsidies - health care reform

Just after bipartisan senators released an eleventh hour effort to save medical coverage, it ground to a halt. A bipartisan effort to rescue the American health care system following President Donald Trump’s annihilation of the ACA subsidies has stalled. Though the agreement had been underway, hours later, it was suspended as the president sent mixed signals and Republicans either opposed it or failed to endorse it. The agreement was created due to a sense of urgency to recover after key payments to insurance companies were withdrawn. As President Trump was…

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