Cutting individual insurance mandate could have dire consequences for health care, says RAND

A new study from the RAND Corporation, a non-profit institution that provides research and analysis for various political endeavors, suggests that axing the mandatory health insurance provision from the Affordable Care Act could be a costly mistake. The health care law has generated a large amount of controversy for its various provisions that introduce dramatic changes to the nation’s tax, insurance and medical services structure. None of these provisions have been quite as contentious as the health insurance mandate. The mandate, and the law as a whole, will be heading…

Read More

Report highlights the sluggish growth of health care spending due to U.S. recession

The worldwide recession has had a major impact on the health care system of the U.S. The effects are quite obvious in terms of insurance. As thousands of people throughout the country lost their jobs, they also lost their health insurance coverage. The recession, which lasted from late December 2007 to the middle of 2009, suppressed health care spending in the U.S. significantly, according to the federal government. The Obama administration released a report this week from the Department of Health and Human Services showing the impact of the recession…

Read More

Report shows that West Virginia’s health insurance costs are rising dramatically

The Commonwealth Fund, a private foundation working to improve the health care system, has released a new report concerning the state of health insurance premiums in West Virginia. According to the report, premiums in the state have risen by 55% in the last decade, with deductibles jumping by 84% in the same amount of time. The report suggests that the state has the 14th highest premiums in the nation. This puts major financial stress on state residents as West Virginia is home to the lowest median income in the U.S.…

Read More

States rally against health care reform, petition Supreme Court to solve the problem

Twenty-six states and several small business advocacy groups have officials petitioned the U.S. Supreme Court to rule on the issue of the Affordable Care Act. The states are urging federal judges to strike down the entirety of the law, ruling every provision as unconstitutional. The Affordable Care Act, signed into law last year, was meant to bring sweeping changes to the nation’s health care system, but the law has, thus far, succeeded only in spawning a great deal of controversy and opposition. The health care law, once fully enacted in…

Read More

Enroll America embarks on a crusade to raise awareness of health insurance

With election year rapidly approaching, the issue of health care is getting more attention. While reform of the health care system is already well underway, few may be aware of their eligibility for federal health insurance programs. In an effort to raise awareness, Enroll America, a nonprofit consumer advocacy group, is embarking on a new campaign to help people understand the working of the new health care system and how they might be able to receive affordable insurance coverage. The campaign brings together a multitude of hospitals, insurance companies, pharmaceutical…

Read More

Wellmark Blue Cross/Blue Shield not entirely sold on insurance exchange

The largest insurance provider in Iowa, Wellmark Blue Cross/Blue Shield, is still debating whether or not it wishes to take part in the insurance exchange in the state. If this insurer does not take part, it could be destructive to the entire insurance exchange initiative. The state insurance exchanges are considered to be a key component of the healthcare reform program for the entire country. Supporters of the exchanges are saying that the systems and services they will establish will assist millions of small businesses, families, and individuals to better…

Read More

The cost of health insurance for low income families

Although the Affordable Healthcare for America Act by the Obama administration was created in order to make certain that a larger number of Americans will have access to health insurance, many are finding that the premiums are still too costly to be able to afford them. The Act has already gone through some significant improvements since its first creation, especially in terms of Medicare, as it has assisted in lowering those costs. That said, many Americans are still struggling to afford their current health insurance rates or remain without any…

Read More

Report finds that 50 million people are uninsured and unable to receive coverage through COBRA

A new report from the Commonwealth Fund, a private foundation working to improve the performance of the nation’s health system, has found that 50 million Americans are without health insurance of any kind. The lack of coverage is linked to the economic recession of 2008, in which many businesses had to make cuts to staffing in order to stay afloat. As unemployment rose, so too did the rate of those without insurance as many no longer had access to employer health benefits. According to the report, most of these people…

Read More

Researchers find that U.S. insurers pay more for medical care than their counterparts in Canada

Health insurance rates are rising throughout the nation. Insurers are quick to justify these rate increases with the soaring costs of medical care and administration. While the nations insurance regulators are leery of these justifications, researchers at both Cornell University and the University of Toronto say that insurers claims may be accurate. According to a report released from the universities, health insurance administrative costs are almost four times higher in the U.S. than they are in Canada. The report finds that Doctors in the U.S. spend excessive amounts of money…

Read More

Part III – Official goals and challenges of U.S. health care reform – A hope for better care, delivery, and costs

We have journeyed through the aspirations of the up-in-coming reform of the U.S. health care system with cost cutting tactics, preventative procedures, incentivizing medical industry and now, in part three, we will review the last set of guidelines through measure and patients rights. Helping individuals to take control over their own medical needs Hospital-Acquired Conditions (HAC) – beneficiaries will be able to obtain information on the incidence of serious HACs as they occur at various hospitals. Hospitals will experience a decrease in payments if they have a high rate of HACs…

Read More