Colorado mental health insurance bill to help consumers navigate the system

Colorado Mental Health Insurance - Stressed Adult

A new measure introduced this week may make it simpler for state residents to receive mental health care. A new Colorado mental health insurance bill introduced this week could make it easier for state residents to receive the care they need. The idea is to form a state ombudsperson’s office. The goal of the office is to assist Colorado residence in navigating the insurance system for mental health care. Many people struggle to understand their rights and to whom they should direct their questions. Individuals find the current Colorado mental…

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Walmart health insurance acquisition talks underway with Humana

Walmart Health Insurance - Insurance Company Acquisition - Business

The largest retail chain in the world is reportedly in early-stage negotiations with the insurer. A new Walmart health insurance company may one day form if its acquisition of Humana is successful. The Wall Street Journal reported that the retailer was in talks with the insurer for precisely that purpose. Reuters soon after reported that the companies were working on a possible partnership without ruling out an acquisition. Humana’s shares skyrocketed by up to 13 percent during the trade hours following the reports. The Walmart health insurance talks also gave…

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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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Idaho health insurance plans draw Trump administration warning

Idaho health insurance plans - Stop Sign on Road

The state has announced its intentions to allow certain medical policies that don’t comply with the ACA. The Trump administration has sent a written warning regarding Idaho health insurance plans. The state revealed its intentions to begin selling health policies that fail to meet the Affordable Care Act’s minimum requirements. The Trump administration said Idaho’s move “may not be substantially enforcing” the health care law. The letter was issued as a warning. Trump’s administration sent it to Idaho’s governor, Butch Otter (R). The letter was also sent to the Idaho…

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Health insurance complaints rise 30 percent, breaking previous records

Health Insurance Complaints - Frustrated Woman

The Private Health Insurance Ombudsman recorded a striking spike in the number of complaints filed. The total number of health insurance complaints rose by 30 percent from 2016 to 2017, says the Private Health Insurance Ombudsman in Australia. The Ombudsman recorded the massive rise in the number of filings it received, bringing the total to 5750 in 2016-2017. There were many issues involved in the complaints, but the majority were driven by Medibank. The Ombudsman’s most recent State of the Health Funds report said that the “increase of over 1300…

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Health insurance expenses bring stress to uninsured American adults

Colorado Mental Health Insurance - Stressed Adult

A new report shows uninsured people are hesitant to purchase a policy due to anticipated rising costs. Approximately 71 percent of uninsured American adults who were aware of the open enrollment period chose not to purchase a plan due to expected increasing health insurance expenses. They risk failure to comply with the Affordable Care Act to sidestep rising costs. This represents a potential shift in the level of confidence that the ACA will stay in effect. The research was conducted by the Commonwealth Fund. The results were published in a…

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Nevada’s new health insurance enrollment system to stop next year

las vegas nevada health insurance enrollment system

The state’s technical problems with the system have forced it to need to shut down in 2019. The original Nevada health insurance enrollment system put into place by the end of 2014 had serious glitches. Those glitches caused many people to suffer unnecessary additional health care expenses. The problem with the original health plan enrollment service was in its record keeping. Thousands of people across Nevada complained that their policies were not kept up to date through the health plan enrollment service. Their coverage was cancelled for non-payment, despite the…

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Health insurance plan coverage reaching all but 7 percent of Californians

california health insurance plan

A new nationwide study conducted by the National Center for Health Statistics examined uninsured rates. Nearly 29 million Americans across the country currently lack a health insurance plan. This is a considerable reduction in the uninsured rate. In 2010, almost 49 million Americans didn’t have health insurance coverage. Californians are faring even better than the rest of the country in terms of their coverage rates. That said, on the other end of the spectrum, Texans are the Americans least likely to have a health insurance plan. In that state, 20…

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Local health centers left to struggle even as GOP funds CHIP

hospital GOP healthcare bill

The Children’s Health Insurance Program finally has its funding but kids may still find health care challenging. At the same time that Congressional Republicans and Democrats are patting themselves on the back for approving funding the Children’s Health Insurance Program (CHIP) for the next six years, many local health centers continue floundering. CHIP had been in dire need of having its funding restored after it was allowed to expire on September 30. At the same time that lawmakers are celebrating passing the CHIP funding, which already had bipartisan support, it…

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Congressional Budget Office predicts $800 million bill for 5 years of CHIP

Congressional Budget Office CHIP

The Children’s Health Insurance Program covers almost 9 million low income kids in the country. The Congressional Budget Office released a prediction from its analysts that the Children’s Health Insurance Program (CHIP) will cost $800 million for a 5 year renewal. This total could help lawmakers to overcome one of the main challenges to the program’s renewal. Some states risk running out of funding for their kids’ coverage as soon as the close of this month. Prior analyst estimates suggested the cost of renewing CHIP would be closer to $8.2…

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