Health insurance enrollments remain low among young adults

health insurance marketing young woman

The Affordable Care Act needs younger and healthier consumers to sign up to offset costs from older policyholders. As much as the Affordable Care Act has seen a considerable growth in the number of uninsured people who have been signing up for health insurance through the exchange websites, there is one considerable area of struggle that it has been facing in terms of sign-ups: young adults. This problem isn’t a minor one, as the ACA had been relying on healthy people to offset the expenses of the sick. As young…

Read More

Enrollments in New York health insurance spike

health insurance companies profits

This year, there have been a large number of people who have purchased coverage in the state. Since the start of this year, there has been a considerable increase in the number of people who have enrolled for New York health insurance through the state’s official exchange marketplace. There are a number of reasons that New Yorkers seem to have jumped on board the coverage bandwagon. Western New York Health-care Association president, John Bartimole, has stated that one of the primary reasons that there has been an increase in participation…

Read More

Special enrollment period open for those without health insurance coverage

health insurance enrollment

Those without insurance could find coverage through federal exchanges through new enrollment period A special enrollment period will be open for those without health insurance coverage in the United States. The enrollment period is meant for those that have recently discovered that they will be subject to financial penalties for being uninsured. The Centers for Medicare and Medicaid Services cited a recent survey that found as many as 40% of uninsured people were unaware of federal penalties for lacking coverage. The special enrollment period could help solve this problem. Special…

Read More

Health insurance enrollment is up throughout the US

health insurance enrollment

2.5 million people enroll for coverage through exchange An estimated 2.5 million new people have enrolled in health insurance exchanges throughout the United States, according to reports from the Centers for Medicare and Medicaid Services. The agency is responsible for managing the exchanges nationwide and has seen a significant increase in consumer activity over the past month. This year’s open enrollment period has, thus far, proven to be less turbulent than last year’s as exchanges have managed to avoid serious technical difficulties. Exchanges have managed to avoid the technical difficulties…

Read More

Insurance agents were central to the health care reform successes in California

California health insurance industry agent

Regardless of political beliefs with surrounding Obamacare, many achievements were made by these professionals. From the time that the Affordable Care Act truly went into full swing, last October, insurance agents played a key role in making sure that the people who required coverage would be able to find the health plans that they needed, at the best available prices. When the Covered California exchange first started, these professionals were not seen to be as important as they became. Both the officials from California and President Obama, himself, had been…

Read More

Health care reform law may be having a modest impact on the uninsured

measure goals industry health insurance

The uninsured may not see a need to use insurance exchanges One of the primary goals of the Affordable Care Act in the U.S., widely known as Obamacare, is to make health insurance coverage more accessible to those that did not have insurance coverage in the past. A new study from McKinsey shows, however, that the vast majority of those that have received coverage through the federal law’s provisions already had insurance. Notably, the survey suggests that many of the people that have enrolled for coverage through their state’s insurance…

Read More

Health care reform subsidy sizes vary from state to state

U.S. Health Care Reform Update

Depending on where people live, they may be receiving greater assistance for purchasing health insurance. Among the main elements of the health care reform is the subsidizing of the purchase of private insurance coverage for many Americans, in order to help to make sure that the coverage remains affordable for these individuals and families. However, all subsidies are not created equal, and people in some states are receiving more of them than others. Approximately 85 percent of the people who used the health care reform exchange websites in order to…

Read More