Tag: Affordable Care Act

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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How Medical Debt is Devastating Millions of Insured Americans and What You Can Do About It

Nordstrom
Medical Debt

Medical debt is a pervasive issue in the United States, affecting millions of Americans each year. Despite having health insurance, many people still find themselves facing unexpected medical bills that can lead to significant financial stress. According to a recent survey by the Commonwealth Fund, nearly half of insured working-age Americans received a medical bill or charge that should have been covered by their insurance. This article aims to shed light on the realities of medical debt, highlight key statistics, share personal stories, and offer practical advice for those grappling…

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Health insurance access boost on its way to DACA immigrants

H. Cutner
Health insurance - US Government - Health care

The Biden administration has expanded availability for those in Deferred Action for Childhood Arrivals. The Biden administration has announced that expanded health insurance access will be rolling out for participants in the Deferred Action for Childhood Arrivals (DACA) program. The announcement was made from the White House This health insurance announcement for DACA program members addresses a sensitive issue and has arrived at a time when elections are approaching.  This move will open up the ability to enroll in coverage under the Affordable Care Act for about 100,000 people who…

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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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Virginia Senator Kaine seeks Affordable Care Act health insurance changes

Logan B.
Health insurance - ACA Virginia Flag

Along with Senator Baldwin, changes to the ACA Essential Health Benefits are sought Senator Tim Kaine (D-VA) and Senator Tammy Baldwin (D-WI) are seeking to update the Essential Health Benefits in Affordable Care Act health insurance plans. The current ACA plans are required to cover 10 categories Among the categories Affordable Care Act health insurance plans must cover are mental health services and prescription drugs. According to Virginia Health Catalyst CEO Sarah Bedard Holland, failure to act will only allow the current medical debt crisis to worsen. “Four in 10…

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