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
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…
Read More$32 million in funding coming to the Children’s Health Insurance Program
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…
Read More21 million people could lose their health insurance coverage under Trump plan
Analysis shows repealing the Affordable Care Act could have dire consequences The Committee for a Responsible Federal Budget has released an analysis of the health care plan proposed by presidential hopeful Donald Trump. The analysis suggests that Trump’s plan could result in approximately 21 million people losing their health insurance coverage. It may also cost some $270 billion over 10 years, if it was implemented. Another analysis from the Congressional Budget Office suggests that as many as 22 million people could lose their health insurance coverage if Trump’s plan is…
Read MoreNew Jersey residents are finding it hard to pay for health insurance
Report highlights the good news and bad news for those purchasing coverage through exchanges A recent report from the Centers for Medicare & Medicaid Services shows that enrollments in health insurance exchanges throughout the country remained stable during the last open enrollment period. In New Jersey, however, this could be a double-edged sword. While more people in the state have been able to acquire insurance coverage through the state’s exchange, fewer people are able to keep up with the pace at which insurance premiums are growing. New Jersey exchange continues…
Read MoreFederal health insurance exchange enrollment grows
Enrollment through HealthCare.gov is growing quickly The federal health insurance exchange in the U.S. has been crippled by a range of technical problems that have kept many people from accessing insurance services through HealthCare.gov. The insurance gateway opened on October 1 of 2013, but relatively few people were able to enroll for coverage because of problems concerning the exchange’s structure. The federal government has been working to address these issues and ensure that consumers can access insurance services through federal exchanges and these efforts may finally be paying off. 1…
Read MoreLawmakers flip on health insurance policy due to intense lobbying
Lawmakers announce health insurance rate increase Federal lawmakers have announced that prices associated with the Medicaid Advantage program will rise as part of the country’s efforts to reform the health care sector. This is nearly the polar opposite of the federal government’s initial plans, which involved lowering the price of coverage associated with the Medicaid Advantage program, thereby making health insurance more affordable for those using the program. The decision comes in the wake of aggressive lobbying from the health insurance industry. Medicaid Advantage coverage to become more expensive The…
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