Bernie Sanders is returning donations in violation of private insurance pledge

Private insurance - Hand holding US dollars

After calling on 2020 Democratic opponents to do so, he will also return donations against his pledge. Bernie Sanders’ campaign has announced his intention to return donations violating his pledges regarding private insurance and pharma money. The move was made after Sanders called on his Democratic 2020 opponents to do the same thing. In Bernie Sanders’ pledge regarding private insurance and pharma, he called for 2020 Democratic campaigns to decline or return donations involving: “contributions over $200 from the PACs, lobbyists, or executives of health insurance or pharmaceutical companies.” He…

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Deposit insurance fund may soon be coming to China

China insurance market news

The central bank in the country could be assembling this fund as soon as 2014. As a step toward the establishment of an independent deposit insurance company, the central bank in China will likely be assembling a fund of that nature within the next year so that it will be prepared to provide the necessary coverage when its new product arm is ready to launch Although this action has yet to be officially confirmed, the news has been leaked by several unnamed sources. These sources, close to the central bank,…

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Healthcare reforms from White House encouraging Medicaid expansion

Health insurance care reform confusion debate

The states are being persuaded to broaden their programs for providing coverage to the poor. The federal government is reissuing its encouragement to the states – particularly those where officials are skeptical about Medicaid expansion – to broaden that program through the use of federal healthcare reforms money to subsidize private insurance coverage purchase for individuals within the low incomes. This offer being proposed by the federal government was not a model that was originally part of the new law. At the same time, Kathleen Sebelius, the Health and Human…

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Demand for breast pumps soars under Obamacare

Breast Pumps Obamacare insurance coverage

  Stories about organizations fighting the clause in the new Affordable Care Act or referred to as Obamacare which requires companies to cover birth control have dominated the headlines as of late, but a lesser known clause is causing a scramble to provide new mothers with breast pumps. Small clause creates big stir Some of the ACA clauses and conditions kicked in January 1, 2013. One of these is a requirement that breast pumps are covered by insurance companies. New mothers can get free consultations with lactation experts at no…

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Medicaid report shows little difference from the private sector

News on Medicaid health insurance

Medicaid offers nearly identical level of coverage As health insurance in the U.S. continues to be a controversial issue, the Government Accountability Office, the investigative arm of Congress, has released a new report concerning the much-debated Medicaid program. Under the Affordable Care Act, which was passed in 2010, states are required to expand the accessibility of their Medicaid programs. These states are meant to receive some degree of aid from the federal government, but many have opposed the notion of expanding their programs due to the high costs that would…

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Premiums decrease and enrollment increases for Medicare Advantage

According to the Department of Health and Human Services, the part of the Medicare program that provides recipients with the ability to select their own private insurance have seen a drop in their premiums by an average of 7 percent, and there has been an increase in enrollment by 10 percent. According to Kathleen Sebelius, a Health and Human Services secretary, this has been an ongoing trend for Medicare Advantage system, which helps to work against the negative forecasts that have been made by those in opposition to the health…

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U.S. Government sends mystery shoppers to investigate doctor’s care decisions

The Federal government has announced its intention to try to use mystery shoppers to discover whether or not the type of insurance a person has is leading general practitioners – primary care physicians – to accept or reject the individual as a new patient. The government has acknowledged that there is currently a sizeable problem with the ability to obtain an appointment with primary care physicians, as approximately 60 million Americans are without the ability to receive this service. Department of Health and Human Services spokesperson, Christian Stenrud, said that…

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