The President’s decision to cut off payments vital to making insurance plans affordable is creating turmoil. Before the start of the weekend, President Trump decided to singlehandedly eliminate the health care subsidies central to the Affordable Care Act. The move takes away money critical to making sure lower income Americans can afford the coverage they need. Trump’s decision was made to try to put pressure on Congress to repeal the ACA, despite many prior failures. The health care subsidies were added to President Obama’s reforms to protect consumers against the…
Read MoreTag: health care law
Birth control insurance ruling will be laid down by the Supreme Court
This will settle a broad scale dispute occurring between the Obama administration and religious non-profits. On Friday, the Supreme Court agreed that it would settle the ongoing birth control insurance dispute occurring between the Obama administration and certain religious non-profits. This will surely place religious freedom and reproductive rights in the presidential campaign spotlight. The justices gave the nod to hearing a challenge against the Affordable Care Act which will be made by seven non-profit organizations. Each of those different groups claim to have religious objections to the requirements of…
Read MoreConsumers without health insurance will face tax penalties next year
Open enrollment period is coming, giving consumers a chance to purchase health insurance policies November is coming and in the United States that means that the next open enrollment for health insurance exchanges will begin. On November 1, consumers will be able to find and renew health insurance policies through these exchanges. The federal government expects that several million people will find coverage through these exchanges, but many more will forgo coverage entirely. Health insurance coverage is expected to become more expensive in 2016, with insurers raising premiums. Uninsured consumers…
Read MoreNew Jersey Senators take issue with proposed health insurance plans
Senators seek more regulation for insurance plans that will be offered by Horizon Blue Cross Blue Shield Two Senators in New Jersey have filed a request with the state’s Attorney General to delay one of the largest health insurance providers from offering a set of new plans. The plans are meant to be sold as money-saving solutions that would provide better coverage for health care costs. The plans are coming from Horizon Blue Cross Blue Shield and the Senators are concerned that the plans could be a detriment to both…
Read MoreNew report highlights the expensive nature of health insurance
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…
Read More