Growth of health insurance in the US stalled in 2015

health insurance cost medical

Efforts to reduce the country’s uninsured population began to slow significantly in 2015 Health insurance has expanded in the United States, with the Obama Administration noting that some 11.3 million people have enrolled for coverage through exchanges throughout the country. Efforts to reduce the country’s uninsured population may not be going smoothly, however. The recent Gallup-Healthways Well-Being Index found that reducing the uninsured rate among adults stalled in 2015. This has raised concerns that the Affordable Care Act may not be having the impact that President Barack Obama had intended.…

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170,000 people sign up for the Washington health insurance exchange

washington health insurance exchange

More people find the coverage they need through the Washington insurance exchange An estimated 170,000 Washington residents have purchased health insurance coverage through the state’s exchange marketplace, according to information provided by the state. This is an increase in the number that purchased health insurance through the exchange during the first open enrollment period. Many people were able to take advantage of a special enrollment period, which offered consumers more time to sign up for coverage through the state’s exchange before they filed for taxes. Special enrollment period proves to…

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HHS estimates 16 million people have received health insurance coverage

Health Insurance coverage - uninsured drops

Health care reform increases the accessibility of insurance coverage The Affordable Care Act has helped more than 16 million people in the United States gain health insurance, according to information from the Department of Health and Human Services. A recent survey from Gallup, called the Gallup-Healthways Well-Being Index, suggests that the number is closer to 9 million, however. Whatever the case may be, health care reform has reduced the number of uninsured people throughout the country, which may be a significant victory. Federal law continues to be somewhat controversial The…

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New report highlights the expensive nature of health insurance

health insurance cost medical

Many people in the US cannot afford the deductible on their health insurance policies The Kaiser Family Foundation has released a new report that shows that more consumers in the United States have health insurance, but fewer of these people are actually able to afford the deductible on their policies. The Affordable Care Act has helped make insurance coverage more accessible to consumers, but the law has not made deductibles for new policies affordable. Many consumers with mid-to-high range plans are unable to afford their deductibles because of a lack…

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Insurance industry has trouble engaging millennials

Health Insurance industry young millennial

Insurers find it difficult to connect with a new generation of consumers The insurance industry has been providing coverage across a wide variety of sectors for countless years, but never before in history have insurers had to deal with a generation of consumers that are obsessed with technology and their invincibility. Gallup conducted a survey recently highlighting the difficulty insurers are having with connecting with millennial consumers, those born in 1980 through 1996. These consumers have proven difficult to engage, which has left the insurance industry somewhat disconnected from this…

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