Health insurance scam victims get almost $100 million in FTC refunds

Health insurance scam - Warning

Consumers previously charged for sham medical plans will receive refunds. The Federal Trade Commission has announced that consumers that were charged for Benefytt Technologies-marketed scam health insurance plans will receive a refund as part of a total $100 million. This is the outcome of an FTC complain from August 2022 Benefytt and its third-party partners allegedly ran a number of deceptive websites aimed at consumers who were shopping for comprehensive health insurance plans that were Affordable Care Act qualified.  Agents were allegedly selling the Benefytt plans even though they were…

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Could Substantial Incentives Trigger a Nationwide Expansion of Medicaid?

medicaid us affordable care act

In the decade since the Affordable Care Act’s (ACA) inception, a critical coverage gap remains in the health insurance landscape. This gap prevails in the 10 states withholding the ACA Medicaid expansion, affecting 1.5 million uninsured individuals. In this detailed analysis, we investigate who is affected, the potential for expanded coverage, and examine new economic incentives that may prompt a shift towards the adoption of Medicaid expansion in remaining states. Understanding the Health Insurance Coverage Gap The ‘Coverage Gap’ is a situation in some states where adults can’t get Medicaid…

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US sets health insurance enrollment record for Affordable Care Act plans

Health insurance - ACA enrollment record

This year’s open enrollment period has already broken previous records for the number of enrollments. So far, over 20 million consumers across the United States have enrolled in health insurance plans through Affordable Care Act (ACA) marketplaces this year. This represents the highest number of enrollments since the law went into effect back in 2010. New data was released on Wednesday announcing that the health insurance plan enrollments for 2024 had already broken the record, even with another week left in which to enroll in a plan for the year.…

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More than half of US adults with health insurance struggle with their plan

Your Health Insurance Plan Form

People with poor of fair mental health faced the highest challenges with their coverage. Over half of insured adults in the United States are facing struggles with their health insurance, according to a recent Kaiser Family Foundation survey. The survey results showed struggles in everything from payment discrepancies to limited mental healthcare coverage. The online survey was conducted this year between February 21 and March 14. It involved the participation of 3,605 adults who are covered by employer-sponsored health insurance plans, Medicaid, Medicare, a Military plan, or Affordable Care Act…

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More than 16 million Americans enroll in Obamacare health insurance

Health insurance - Obamacare - Affordable

This figure represents a record-breaking number of enrollments into the Affordable Care Act’s coverage. Over 16.3 million people across the United States purchased health insurance through the Affordable Care Act (ACA) in the most recent open enrollment period, for a record number of enrollees since the program initially launched a decade ago. The enrollments took place between November 1, 2022, and January 15, 2023. The 16.3 million people who purchased their health insurance through the ACA represents an increase of about 2 million people over the number of enrollees from…

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