Health insurance expansion headed to Oregon and Kentucky

Health insurance - ACA - Road Sign

The states have dug into a little-used Affordable Care Act policy to help close coverage gap. Kentucky and Oregon have grabbed hold of a little-used Affordable Care Act provision that will make it possible to create a health insurance plan for people with household incomes too high to qualify for the Medicaid programs in their states. The Obama-era policy makes it possible to create the new plan with the support of federal funds. Oregon and Kentucky are hoping that the introduction of these new health insurance plans through the application…

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New States Add Medicare Supplement Birthday Rules

medicare birthday rules

Insurance agents competing to sell Medicare Supplement insurance in five states can now capitalize on rules benefiting Medicare beneficiaries.  According to the American Association for Medicare Supplement Insurance (AAMSI), the five states include California, Illinois, Oregon, Nevada and Idaho. “Medicare insurance agents now face a daunting task of competing with the millions of dollars being spent on television ads featuring celebrity spokespeople,” explains Jesse Slome, director of the American Association for Medicare Supplement Insurance.  “Survival of the independent Medicare insurance agent will depend on the ability to take advantage of…

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True Captive Insurance Selects Gradient AI to Provide Deeper Insights, Cost Efficiency for Healthcare Insurance

Solution Reduces Costs, Enhances Risk Management, Improves Member Experience Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry announced today that True Captive Insurance, a provider of innovative healthcare solutions for employers of all sizes, has selected its SAIL™ solution to help reduce group healthcare insurance costs while maintaining a high standard of care for member companies. Driven by the desire to have more control over company insurance plans, health insurance captives, like True Captive, have recently gained in popularity and are experiencing tremendous growth.…

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Linked-Benefit Long-Term Care Video Library Launched By AALTCI

Sales of linked-benefit long-term care insurance continue to outpace traditional long-term care policies.  A new video library will provide meaningful information to prospective buyers. “There is enormous interest in linked benefit long-term care,” states Jesse Slome, director of the American Association for Long-Term Care Insurance director.  “Judging by the consumer inquiries we receive, there are also many misconceptions and some flawed information that we wanted to address.” The Association has just launched an online video library that will consist of short informative videos focused specifically on hybrid or linked-benefit long-term…

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4 Questions You Should Ask Your Insurance Company Before Deciding On A Palliative Care Facility

Moving a loved one into a palliative care facility is never easy. There are many things to consider, and you want to make sure that you are making the best decision for your family member. One thing that you should do before making a final decision is to speak with your insurance company about hospice medicare billing. They may have specific requirements or restrictions on which facilities they will cover. This article will discuss five questions that you should ask your insurance company before deciding on a palliative care facility. What…

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Over 14.5 million Americans enrolled in Affordable Care Act health insurance

Affordable Care Act - 14.5 million Americans - healthcare

Wednesday was the 12-year anniversary of the implementation of Obamacare in the United States. There are 14.5 million Americans currently enrolled in the Affordable Care Act for 2022, according to US government statistics released on Wednesday, the 12-year anniversary of the law’s implementation. That represents a substantial 21 percent increase in enrollment over the numbers from 2021. According to the data released by the federal government, 10.3 million people enrolled in the 33 states across the country that use the federal government’s own marketplace at healthcare.gov. The remaining 4.3 million…

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Almost 3 in 4 employees would change their health insurance plan to save money

Health insurance plan - employees - business

A new Centivo survey of workers with employer-sponsored coverage revealed this trend. The results of a recent Centivo survey of employees with an employer-sponsored health insurance plan showed that those workers would be willing to take less coverage to save money. The research aimed to find out how willing workers are to alter their coverage if it improved affordability. What the survey found was that 73 percent of the survey respondents would be willing to modify the core features of their health insurance plan if it meant that they would…

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