Health insurance deductibles in Alabama will soon be higher

Alibama Health Insurance Costs

Consumers have expressed concern over their ability to afford to use the coverage they’ve purchased. Residents of Alabama have been voicing frustrations over an upcoming increase to the deductibles they pay out of their own pockets for health insurance they’ve purchased under the requirements of the Affordable Care Act. They have stated that the combination of higher premiums and deductibles are making coverage less affordable. The premiums being paid for health insurance in Alabama increased by an average of 28.3 percent over the last year. This was tough on many…

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Consumers with health insurance are still avoiding medical care

Employer sponsored health insurance - health insurance costs

Survey finds that consumers are turning to emergency rooms in order to avoid high health care costs Health insurance premiums are on the rise in the United States and many consumers are beginning to avoid medical care as a result. A new survey from the American College of Emergency Physicians has found that patients are avoiding medical services because of high health care costs. As a result, more of these people are ending up in the emergency room because they are ignoring serious conditions that may be putting their lives…

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Health insurance premiums are a main issue for consumers

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A recent study has shown that Americans pay most attention to price when they shop for plans. Americans have made bargain shopping into an art form, and this habit has crossed over into the effort to purchase health insurance, as the cost of premiums are among the top factors that consumers consider when they buy, according to a new survey. Two thirds of consumers who switched plans on the insurance exchange said price was the deciding factor. Over half of all consumers who shopped around on the exchanges but didn’t…

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Health insurance deductibles have risen sharply since 2010

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Survey finds that deductibles for employer-sponsored coverage have grown aggressively A new survey from the Kaiser Family Foundation and the Health Research & Educational Trust has found that health insurance deductibles have risen dramatically since 2010. These deductible increases have primarily affected those with employer-sponsored coverage. Many employers have been facing greater financial strain in providing their workers with insurance coverage, especially as insurers make their plans more expensive. As a result, consumers have been facing higher out-of-pocket costs for their coverage even as premiums have continued to grow. Workers…

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New Jersey residents are finding it hard to pay for health insurance

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Report highlights the good news and bad news for those purchasing coverage through exchanges A recent report from the Centers for Medicare & Medicaid Services shows that enrollments in health insurance exchanges throughout the country remained stable during the last open enrollment period. In New Jersey, however, this could be a double-edged sword. While more people in the state have been able to acquire insurance coverage through the state’s exchange, fewer people are able to keep up with the pace at which insurance premiums are growing. New Jersey exchange continues…

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