Tag: healthcare insurance

Nearly 3 in 10 Americans lost health insurance last year, says study

H. Cutner
Lost health insurance - person wearing mask looking distressed

A ValuePenguin study revealed that 29 percent lost their plans in 2020, and many remain uninsured. Twenty-nine percent of Americans lost health insurance coverage during 2020, say the results of a ValuePenguin healthcare study. Among those who did lose their coverage, more than half continue to be uninsured in 2021. It should be noted that the study was a limited one, involving only 2,000 participants. Therefore, the accuracy of its representation of nationwide trends has been called into question. That said, the research suggested that 45 percent of consumers seeking…

Read More

The percentage of kids without Pennsylvania health insurance is rising

Nordstrom
Pennsylvania health insurance - children sitting on bench

The trend had been steady in 2018, but the segment of uninsured children in the state has climbed. In 2018, Pennsylvania health insurance data showed that the rate of uninsured kids had been holding study. However, last year, showed that the trend broke and more children were going without coverage. There are concerns that this situation could worsen as families face COVID-19 pandemic fallout. The Pennsylvania health insurance uninsured rate among children aged 18 years and younger hit 4.6 percent. That grew by 0.2 percent from 2018 and 2019, according…

Read More

High health care costs still “catastrophic” to millions despite insurance coverage

G. Turner
High health care costs - hospital - money - calculator

High price tags for services and drugs remain a problem, despite widening ACA cover, says study. High health care costs can be detrimentally high for millions of Americans, even when they are already covered by insurance plans, says a new study. The price of medical necessities such as an insulin kit, for example, often make them cost-prohibitive. The study was recently published in JAMA and showed that even with insurance coverage, worries about high health care costs remain in place. Even as the Affordable Care Act (ACA) continues to gain…

Read More

Health insurance plan enrollment has shifted due to the pandemic

Marc
Health insurance plan enrollment - pandemic - American flag on face mask

As is the case with everything else, signing up for coverage has been impacted by COVID-19. As has been the trend with virtually everything in 2020, health insurance plan enrollment has been impacted by the presence of the pandemic. The coverage and benefits have altered due to the impact of the pandemic on health care. As insurers, employers, and even Medicare have seen the needs of policyholders change throughout the pandemic, they have made changes to coverage in an effort to better respond COVID-19. Consumers are also taking a closer…

Read More

Health care importance is high in the American Presidential Vote

Nordstrom
Health care importance - I Voted American Sitcker

77 percent of survey respondents said this was a significant factor and 35 percent said it was critical. The results of a recent survey have revealed the health care importance when voting for the next US president. The survey was conducted by Insure.com and discussed the connection between this factor and the country’s politics. Over three quarters of the survey’s respondents felt that it was a significant election issue this year. At the highest level of health care importance was reducing the costs, said the participants in the survey. The…

Read More

Governor Kemp’s Georgia health insurance changes get the federal nod

G. Turner
Georgia health insurance - White House

The state will become the first in the country to offer federally subsidized plans only through private brokers. The Georgia health insurance system will make the state the first one in the country to offer its residents fully subsidized plans exclusively through private brokers. This will occur as a result of a new plan under approval by the Trump administration. Another portion of this plan will offer Medicaid to certain adults in the lowest income bracket. This new Georgia health insurance rule will mean that able-bodied adults will have access…

Read More

Employer sponsored health insurance costs are up 4 percent this year

H. Cutner
Employer sponsored health insurance - health insurance costs

The Kaiser Family Foundation data also showed that they have risen by 55 percent in 10 years. Employer sponsored health insurance costs have been rising steadily for Americans, having increased by 4 percent to $21,342 this year, according to a recently published Kaiser Family Foundation (KFF) study. The annual KFF survey found that workers are paying almost $5,600 for their coverage this year. KFF’s annual survey determined that American workers are paying almost $5,600 int their employer sponsored health insurance for family coverage. In 2010, that figure had been closer…

Read More