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21 million people could lose their health insurance coverage under Trump plan

March 22, 2016March 20, 2016 Logan B.

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…

Removal of the individual mandate would take health insurance coverage away from consumers

September 18, 2015September 16, 2015 Marc

Individual mandate has ensured that consumers have insurance coverage The Affordable Care Act continues to be a source of controversy, especially because it requires all U.S. citizens to have health insurance coverage. This provision is called the individual mandate and it has placed some consumers under significant financial pressure. While all citizens must have insurance coverage, many also receive financial aid from the federal government, which helps cover the cost of health insurance policies purchased through exchanges that were established through the Affordable Care Act. Removing the individual mandate may…

Expansion of health insurance coverage has been a boon for those with chronic illnesses

September 11, 2015September 10, 2015 S.Vagus

research health insurance chronic illness

Study shows that health insurance coverage has grown significantly in the US The Harvard T.H. Chan School of Public Health has released a new study that shows that the expansion of health insurance coverage under the Affordable Care Act has had major benefits for those with chronic medical issues. The study suggests that those with chronic issues, such as high cholesterol and diabetes, are more likely to be properly diagnosed. By comparison, uninsured people that seek out medical services for their chronic conditions are unlikely to receive a proper diagnosis.…

Health insurance subsidies are in danger in the US

March 6, 2015March 5, 2015 Nordstrom

Insurance costs could spike in the US if subsidies for health coverage is struck down by the Supreme Court Health insurance costs could skyrocket in the United States, depending on a decision from the Supreme Court. The country’s highest court is set to begin hearing a case by the end of this week regarding the legality of subsidies offered by the federal government. Per the Affordable Care Act, the government offers subsidies that are meant to offset the cost of health insurance coverage acquired through a state or federal exchange.…

New report calls into question the availability of employer-sponsored health insurance

February 4, 2015February 3, 2015 S.Vagus

Report predicts that employers could put an end to their insurance plans The Congressional Budget Office has released a report that predicts that 10 million people will lose their employer-sponsored health insurance coverage by 2021. The report suggests that this will be due to provisions of the Affordable Care Act. If accurate, this prediction would run opposite to a statement from the White House that ensured people that they would be able to keep their health insurance coverage. This statement has already been scrutinized in the past, when insurers opted…