Tag: aca

The Rising Tide of Uninsured Americans and the Looming Threat of ACA Subsidies Ending in 2026

Live Insurance News
The Rising Tide of Uninsured Americans and the Looming Threat of ACA Subsidies Ending in 2026

Uninsured Americans Rise to 27.1 Million in Early 2024, CDC Reports The latest figures from the Centers for Disease Control and Prevention (CDC) are sounding alarms across the healthcare landscape. More than 8% of Americans were uninsured during the first months of 2024, a significant uptick from the record-low uninsured rates observed in the wake of the COVID-19 pandemic. According to the CDC’s National Health Interview Survey, an estimated 27.1 million Americans of all ages lacked health insurance by March 2024. This marks an increase of 3.4 million uninsured individuals…

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

Nordstrom
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?

Loreen
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

Logan B.
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

G. Turner
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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