Tag: health insurance subsidies

Health insurance subsidies are at risk in the US

Logan B.
cash money subsidy health insurance deductibles

Supreme Court is set to rule on a legal challenge to the Affordable Care Act The U.S. Supreme Court is set to rule on a legal challenge that has been made against one of the Affordable Care Act’s provisions. The provision in question is one meant to provide subsidies for those seeking coverage through health insurance exchanges. These subsidies are meant to reduce the cost of insurance coverage for many people, making it possible for more people to obtain coverage. Subsidies offered for coverage found through federal exchanges may vanish…

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Health insurance subsidies are in danger in the US

Nordstrom
health insurance costs subsidies

Insurance costs could spike in the US if subsidies for health  coverage is struck down by the Supreme Court Health insurance costs could skyrocket in the United States, depending on a decision from the Supreme Court. The country’s highest court is set to begin hearing a case by the end of this week regarding the legality of subsidies offered by the federal government. Per the Affordable Care Act, the government offers subsidies that are meant to offset the cost of health insurance coverage acquired through a state or federal exchange.…

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Nearly 16,000 people in North Dakota find coverage through health insurance exchange

Nordstrom
North Dakota Health Insurance

More people are enrolling in the state’s insurance exchange as the open enrollment period draws to a close More residents of North Dakota are enrolling in the state’s health insurance exchange as the end of the open enrollment period approaches. As of the end of January, some 15,997 people have signed up for coverage through the exchange, according to information from the Department of Health and Human Services. For comparison, 10,597 people enrolled in the exchange last year. The growing popularity of the exchange may be due to the rising…

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Health insurance subsidies could vanish for many people in the US

Logan B.
health insurance costs subsidies

Supreme Court ruling could put an end to insurance subsidies for those living in states with exchanges managed by the federal government The Urban Institute has released an analysis concerning those that will be most affected by a Supreme Court ruling regarding subsidies provided under the Affordable Care Act. The Supreme Court is expected to rule on a matter regarding whether or not those in states that do not run their own health insurance exchange can receive subsidies. In the case of King v. Burwell, the availability of these subsidies…

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US government to investigate health insurance subsidy abuse

S.Vagus
health insurance costs subsidies

Government regulators are looking to uncover potential fraud Hundreds of thousands of people throughout the U.S. are being contacted by the federal government. The government is questioning these people about their eligibility for the subsidies provided by the Affordable Care Act. According to the Obama administration, a large portion of those seeking coverage through health insurance exchanges may have provided misleading or false information concerning their incomes. This information does not match that which is stored with the Internal Revenue Service, which calls into question whether or not subsidies are…

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