According to new statistics that have been released, January has decreased the number of people without health insurance. New data is starting to be released that is beginning to reflect the impact of the impact of the health care reform, as it has shown that the percentage of Americans who say that they do not have health insurance coverage has experienced a slight decrease, this month. This change in insurance status was reported by Gallup, which has been steadily tracking the figures. This insurance news is certainly welcome by those…
Read MoreTag: health care coverage
Opt in before Mandatory Health Insurance Hits
With the Affordable Care Act set to be fully implemented in January of 2014 how much thought have you given to how the law will affect you? Starting January 1st Americans will be required to purchase health insurance or pay a tax penalty. Before you get defensive or incited, take a moment to think about your options. The numbers Some people are already saying that they would rather choose to pay the penalty instead of buying health care coverage for themselves. Here’s the skinny on that penalty. For the 2014…
Read MoreHealthcare costs for individual patients are dropping
Though medical spending is on the rise, the amount paid from consumer pockets is falling. According to data released regarding consumer driven national healthcare spending in 2011 – the most recent complete year that this information is available – while the total amount that is actually coming out of the patient’s pocket is shrinking. These new figures from the government show that Americans are paying less for their medical costs. This is the case, despite the fast growth of health insurance with high deductibles, and the increasing employee contributions to…
Read MoreCommercial health insurance enrollment dropping in Florida, claims annual report
The Florida Health Care Insurance Advisory Board has released its annual report on the rate of enrollment in the myriad of health insurance plans found throughout the state. The report shows that enrollment has fallen by 4.3% in 2010. This marks the fifth consecutive year that enrollment rates have fallen in the state, which means that more people are living without some kind of health insurance. The report makes note of the lingering economic turmoil that is left over from the 2008 recession and how that might be contributing to…
Read MoreReport shows that 9 million adults lost their health insurance coverage in the wake of the Great Recession
A new report from the National Bureau of Economic Research shows that the recession of 2007-2009 had a major impact on the number of adults who had health insurance in the U.S. The report notes that the recession was the most severe and disruptive financial crisis faced by the U.S. in recent history. The economic impact of the crisis was widely felt and its affects linger today. In the health insurance industry, the recession claimed more than 9 million health care policies, leaving former policyholders without insurance coverage for the…
Read More