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Health insurance survey shows most policyholders don’t know about premium rebates

June 14, 2012June 14, 2012 Nordstrom

It also examined the ways in which people will be using this money, and other issues. According to the results from an eHealthInsurance survey, most people who purchase individual health insurance are unaware of the fact that the Affordable Care Act of 2010 may mean that they will be receiving a partial refund of the premiums that they paid last year for their coverage. The healthcare reform law requires that insurers send rebates to policyholders if they failed to spend at least 80 percent of their income from premiums on…

Three large health insurers decide to uphold health care reform provisions despite fate of Affordable Care Act

June 12, 2012 S.Vagus

Insurers rally to support provisions of Affordable Care Act The future of health care reform currently resides in the hands of the Justices of the U.S. Supreme Court. The Court is expected to levy a judgment as to whether the Affordable Care Act is constitutional or not this month, which is expected to have a major impact on the state of the country’s health insurance industry and health care reform initiatives. Many consumers have expressed disdain for the law because of a provision concerning mandatory health insurance. The law holds…

Research shows that young Americans are obtaining health insurance

June 11, 2012April 30, 2013

However, the same study is showing that they continue to carry debt A recent study has shown that while the health care reform will provide an estimated 6.6 million young adults with the ability to continue their coverage on their parents’ health insurance policies, there continues to be a struggle with medical fees and debt among this age group. The changes to the healthcare laws in 2012 by President Barack Obama have made it possible for young adults (the demographic that had previously been the most uninsured age group in…

Health care reform law a tense issue in the U.S.

June 8, 2012June 8, 2012 S.Vagus

Survey suggests that many citizens are divided on the issue of the Affordable Care Act The fate of the Affordable Care Act is slated to be determined at some point this month. Politicians have taken aim at the health care reform law recently, identifying it as a popular issue amongst voters. The law is meant to introduce several dramatic changes to the country’s health insurance and health care systems. Thus far, the health care reform law has proven somewhat successful, but has nonetheless been a point of contention in the…

Over half of current individual plans aren’t up to the 2014 health care reform standards

June 7, 2012April 30, 2013

Most of the medical coverage being sold to individuals are falling short of the “essential benefits” requirements. Over half of all Americans who have purchased their coverage through the individual insurance marketplace currently have policies that are not up to the health care reform essential benefits standards. Equally, the majority of employer group medical plans have less cost sharing and more comprehensive coverage. The issue at hand is that although the Affordable Care Act, which will go into full effect in January 2014 as long as it is not overturned…