Tag: Centers for Medicare & Medicaid Services

Rogue Agents and Policy Switching – The Hidden Dangers for Consumers and Insurance Brokers

Logan B.
Policy Switching Warning - Health Insurance

Unscrupulous Practices Lead to Stolen Policies and Tax Headaches for Many In an alarming trend across several states, consumers covered by Affordable Care Act insurance plans are finding themselves unwitting players in a dangerous game. Without their knowledge or consent, their health insurance policies are being switched, leaving in their wake potential tax complications and vanished coverage. This epidemic of unsanctioned changes, predominantly observed in Florida, Georgia, and Texas, is stirring both consumer and industry unrest. Government and Industry Responses to Unauthorized Policy Switching and Changes Florida and Texas have…

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Wisconsin reaches record health insurance enrollments through Affordable Care Act

Marc
Health insurance - Wisconsin ACA record enrollment

The state saw about 266,000 sign-ups during the 2024 open enrollment period for coverage. This year’s Affordable Care Act open enrollment window for health insurance saw the highest number of Wisconsin state residents registering for coverage. The 2024 enrollment period brought coverage to over a quarter of a million people in the state. State officials made the announcement, citing health insurance enrollment data released by the federal Centers for Medicare & Medicaid Services (CMS) and from the Office of the Commissioner of Insurance. The data reflected the number of enrollments…

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Unemployed Americans to receive health insurance coverage among stimulus benefits

G. Turner
Health insurance coverage - Stethoscope and hand

Beyond the $1,400 check and child tax credit payments, the America Rescue Plan includes health care. The American Rescue Plan has extended health insurance coverage to people who qualified for unemployment assistance in 2021. The low-cost and no-cost health care plans became available at the start of this month. The health insurance coverage, beyond the $1,400 stimulus checks and the monthly child tax credit payments are available for individuals who qualified for unemployment assistance. According to the Centers for Medicare & Medicaid Services (CMS) the plans became available at the…

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Obamacare enrollment through HealthCare.gov has dropped to 8.3 million

Logan B.
Obamacare Enrollment - people statistics

Those figures are about 200,000 lower than they were at the same time last year. New HealthCare.gov data has shown that Obamacare enrollment has dropped by about 200,000 since last year. This has brought the current numbers to 8.3 million on the federal exchange site, said the U.S. government. The data is only preliminary, but it indicates that Americans haven’t enrolled at the same rate. The Obamacare enrollment data includes only the sign-ups made through the HealthCare.gov federal exchange site. It includes the numbers as of December 17, and therefore…

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$32 million in funding coming to the Children’s Health Insurance Program

S.Vagus
CHIP Health Insurance for Children

Federal agency announced more funding for CHIP to ensure children have the coverage they need The Centers for Medicare & Medicaid Services has announced that it will be providing $32 million in funding for the Children’s Health Insurance Program (CHIP). The program has been lacking funding in recent years, which has raised concerns that many children may lose the insurance coverage that they are using currently. The program was established nearly 20 years ago as a way to ensure that children of low-income families would be able to receive the…

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