US government to investigate health insurance subsidy abuse

health insurance costs subsidies

Government regulators are looking to uncover potential fraud Hundreds of thousands of people throughout the U.S. are being contacted by the federal government. The government is questioning these people about their eligibility for the subsidies provided by the Affordable Care Act. According to the Obama administration, a large portion of those seeking coverage through health insurance exchanges may have provided misleading or false information concerning their incomes. This information does not match that which is stored with the Internal Revenue Service, which calls into question whether or not subsidies are…

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Health insurance: A lack of knowledge may be the plight of young people

teen mobile train bus health insurance

Young people are almost entirely unaware of insurance issues There is a significant gap in the awareness that younger people have concerning health insurance than that which exists with their older counterparts. Insurance is often considered a boring subject among young people. Many of these people do not have to worry about insurance issues in any way, which means that they perceive little purpose in understanding insurance in general. This lack of interest may actually prove problematic in the future as the insurance landscape in the U.S. continues to change…

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Health care reform leads Kathleen Sebelius to step down

Healthcare Reform - Kathleen Sebelius, Secretary of the Department of Health and Human Services

The HHS secretary will now be leaving her post and the OMB director will be replacing her. The Health and Human Services Secretary, has announced in recent health care reform news that she has resigned from her post, bringing an end to a turbulent tenure as the primary voice for the Affordable Care Act. President Obama spoke at a Rose Garden ceremony, to nominate his budget director to succeed Sebelius. Obama stated that “After five years of extraordinary service to our country, and seven and a half million Americans who’ve…

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Insurance news study shows artists twice as unlikely to have health coverage

health insurance news

The research determined that the primary cause of the uninsured status is the cost of a plan. According to the results of a study that are making insurance news headlines after having been released by the Future of Music Coalition and the Artists’ Health Insurance Resource Center, twice as many artists such as actors, musicians, dancers, and others are likely to be uninsured as the general population. These creative individuals are among the demographics least likely to have health plans. The research making this insurance news involved a survey of…

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Obama Care – What it Means to You, From Insurance Medics

health insurance mandate

FORT LAUDERDALE, Fla., Sept. 28, 2013 (GLOBE NEWSWIRE) — Obama Care is finally here. That can mean different things to many people. For instance, some individuals will be able to keep their current health plan and not worry about finding a new one. While others can keep their plan until it expires sometime in 2014. Then for some, obtaining health insurance during open enrollment will be the first time receiving health coverage in their life. For those that purchased a plan prior to March 23, 2010, individuals can keep that…

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