A new report from the National Bureau of Economic Research shows that the recession of 2007-2009 had a major impact on the number of adults who had health insurance in the U.S. The report notes that the recession was the most severe and disruptive financial crisis faced by the U.S. in recent history. The economic impact of the crisis was widely felt and its affects linger today. In the health insurance industry, the recession claimed more than 9 million health care policies, leaving former policyholders without insurance coverage for the…
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Employer-sponsored health insurance on the decline, according to Gallup
A new study from the Gallup Organization, a research and performance-management consulting firm that monitors public opinion, shows that employer-sponsored health insurance is on the decline. Gallup, well known for its studies and polls concerning the insurance industry and federal government, says that the number of people receiving health insurance from their jobs has fallen nearly 2% from the level it was at a year before. The study suggests that the decrease may be due to high levels of unemployment and new insurance regulations that make it more costly for…
Read MoreCensus Bureau releases county coverage estimates for health insurance
The U.S. Census Bureau has released a report that provides the health insurance coverage estimates for 2008 and 2009 in all of the country’s approximately 3,140 counties. The Small Area Health Insurance Estimates (SAHIE) remains the singular source of health insurance coverage estimates for every one of the nation’s counties. The estimates are provided by age group, gender, income-to-poverty ratios, and race and Hispanic origins (by state only) in terms of relevant data for the new healthcare laws and other health systems and programs. This data provides local planners with…
Read MoreMedical technology is a double-edged blade in the world of insurance and cancer
Advances in medicine are often hailed as major accomplishments, but little attention is paid to how medical breakthroughs affect the price of insurance coverage. Cancer, one of the deadliest diseases known to man, is a common focus when it comes to the medical world. Cancer itself has been around for millennia, but the 20th century has been host to the most promising progressions in fighting the disease. Medical technology has progressed rapidly in a relatively short amount of time, meaning that the insurance industry has been left to mitigate the…
Read MoreReport shows that quality varies greatly amongst the nation’s largest health insurance plans
Consumer Reports, a market research agency focused on the health care industry, has released the findings of a new study regarding the quality of the nation’s largest health insurance plans. With major changes coming to the health care system in the coming years, consumers, insurers and political groups have been eager to dissect the findings of studies from Consumer Reports and other research agencies. Much of the controversy surrounding the Affordable Care Act is, indeed, spurred by such reports as they provide useful data for opponents and supporters of health…
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