HHS releases new data concerning enrollment in state and federal insurance exchanges The U.S. Department of Health and Human Services has released new data concerning enrollment in health insurance exchanges throughout the country. These exchanges are meant to provide consumers with access to affordable insurance coverage. The policies sold through these exchanges are offered by private insurance companies and must provide certain benefits according to federal regulations. Enrollment in exchanges has been somewhat slow due to ongoing technical problems with the exchange infrastructure. Young consumers are beginning to show more…
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Health insurance needs to step it up to reach young people
Now that the health care reform is in full swing, college age consumers aren’t enrolling. One of the factors that is the most central determining whether the health care reform will be successful over the long term has to do with enrolling a large number of young people in health insurance plans. Unfortunately, as of yet, this age group does not seem to be making much of an effort to sign up. The mid-January report from the Department of Health and Human Services (HHS) revealed that this key component to…
Read MoreHealth insurance exchange awareness low among young adults
Survey shows that young adults lack awareness when it comes to health insurance The Commonwealth Fund, a private organization that promotes higher standards in health care and insurance, has released a new survey concerning health insurance awareness among young adults in the U.S. The Affordable Care Act is often highlighted as a major issue for young people throughout the country, many of whom do not currently have health insurance or receive coverage through their parents. With health insurance exchanges taking form in every state, young consumers may be at risk…
Read MoreHealth insurance concerns arise regarding young adult adoption
Insurers are concerned that raising costs will stop twenty-somethings from purchasing coverage. When the healthcare overhaul goes into full effect on January 1, 2014, most Americans will be required to purchase health insurance or face a tax penalty, but many young adults who are unemployed or under-employed in the current economy are balking when it comes to buying a plan. Some young adults are already planning to choose the penalty over the coverage, raising concerns. Even after the reforms go into full effect and a $100 penalty will need to…
Read MoreHealth insurance may still be problematic for young adults in the US
Young people could still face some challenges with health insurance coverage One of the primary tenets of the Affordable Care Act is to make health insurance coverage more available to a wider range of consumers throughout the U.S. Part of this goal is meant to be accomplished by making young adults more eligible for health insurance coverage that they need. The health care law has, thus far, made it easier for these people to receive such coverage by allowing them to stay on the health insurance plans of their parents…
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