The funds will be in the form of 36 awarded grants to strengthen Medicaid and the Affordable Care Act. The US Department of Health and Human Services (HHS) has announced through its Centers for Medicare & Medical Services (CMS) that it is awarding grants worth a total of $49 million to organizations working to reduce the rate of uninsured Americans and to bring health care access to more kids and parents alike. This represents the largest outreach and enrollment effort from the HHS through Connecting Kids to Coverage. The investment…
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Health insurance expansion headed to Oregon and Kentucky
The states have dug into a little-used Affordable Care Act policy to help close coverage gap. Kentucky and Oregon have grabbed hold of a little-used Affordable Care Act provision that will make it possible to create a health insurance plan for people with household incomes too high to qualify for the Medicaid programs in their states. The Obama-era policy makes it possible to create the new plan with the support of federal funds. Oregon and Kentucky are hoping that the introduction of these new health insurance plans through the application…
Read More4 Questions You Should Ask Your Insurance Company Before Deciding On A Palliative Care Facility
Moving a loved one into a palliative care facility is never easy. There are many things to consider, and you want to make sure that you are making the best decision for your family member. One thing that you should do before making a final decision is to speak with your insurance company about hospice medicare billing. They may have specific requirements or restrictions on which facilities they will cover. This article will discuss five questions that you should ask your insurance company before deciding on a palliative care facility. What…
Read MoreInsurance agents hit with slashed commissions as new ACA enrollments launch
Insurers offering Affordable Care Act coverage are sometimes reducing the cut for those selling it. Insurance agents working for insurers selling coverage through the Affordable Care Act have started to alter the relationship they have with those employees by slashing – or eliminating – commissions for sales. Bright Health is among those that have advised their brokers that their commission structure is changing. According to a recent report in Fortune, Bright Health issued a note to its insurance agents stating that they had seen “extraordinary growth” in the enrollment into…
Read MoreEmployer-sponsored health insurance costs jumped this year
The average cost of the coverage per worker rose by the largest amount in 2021 that it has since 2010. The average cost of employer-sponsored health insurance per worker saw its highest annual increase this year that it has since 2010. This occurred as the benefit costs rose faster than inflation and the earnings of the workers themselves. The Mercer 2021 National Survey of Employer-Sponsored Health Plans showed that there was a 6.3 percent average increase in the cost of employer-sponsored health insurance this year. Employees and their families began…
Read MoreOne in 6 employees stay at their jobs for the health plan
A West Health and Gallup study showed that people are sticking with employers that cover them. West Health and Gallup recently released the results of a study in which they found that 16 percent of workers are staying at their jobs in order to keep their health plan. The fear of losing their insurance benefits is locking people into positions they’d like to leave. “Approximately 158 million people, or more than half of the U.S. adult population, receive health insurance via their own employer or the employer of a household…
Read MoreHealth insurance plan coverage for 5 million Californians at risk
Legal experts indicate that the ACA is likely to survive but a ruling may not occur until spring 2021. If the US Supreme Court decides to overturn the Affordable Care Act (ACA), health insurance plan coverage among Californians could face the biggest risk in the country. Millions of people across the state rely on billions in federal funds to afford their policies. The state has implemented a spectrum of forms of health insurance plan coverage and programs since Obamacare went into place. These include initiatives that expand well beyond the…
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