More Americans than ever have insurance but still avoid health care expenses

Health care Expenses

Even with coverage, it’s common for people to avoid seeing a doctor due to cost concerns. Among American patients who have insurance, 41 percent still avoided seeking health care out of concerns that their coverage would still leave them with treatment costs that they couldn’t afford, said a new survey. The largest number of Americans now have coverage since the start of the Affordable Care Act. While the health care overhaul in the form of the Affordable Care Act has helped to bring coverage to record numbers of Americans, there…

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Health insurance costs 54 percent less for the average gig worker

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The American Rescue Plan has made plans considerably more affordable for independent workers. Gig workers have traditionally faced health insurance expenses too high for many of them to be able to afford to keep them up, until the American Rescue Plan (ARP) changed the game for high-quality coverage in March. Since ARP passed earlier this year, a growing number of independent workers have been enrolling. Gig workers are using the Healthcare.gov marketplace to purchase their health insurance and are paying less for it than they ever have before. New benefits…

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Health insurance expenses bring stress to uninsured American adults

Mental health insurance claims - young woman stressed

A new report shows uninsured people are hesitant to purchase a policy due to anticipated rising costs. Approximately 71 percent of uninsured American adults who were aware of the open enrollment period chose not to purchase a plan due to expected increasing health insurance expenses. They risk failure to comply with the Affordable Care Act to sidestep rising costs. This represents a potential shift in the level of confidence that the ACA will stay in effect. The research was conducted by the Commonwealth Fund. The results were published in a…

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Is Health Insurance Worth It?

health insurance cost medical

Health insurance can be a tricky subject. Many people consider insurance coverage to be vital, holding a place of importance in their lives that few other things approach. Others tolerate insurance coverage, thinking of its as a necessary expense that they are neither fond of nor hate. Still others believe that insurance is a waste of money that could be better spent on other things. Like all forms of insurance, the value of health coverage is a matter of perspective. In the U.S., health insurance coverage is mandatory, but that…

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Alabama’s SEHIP may be facing economic troubles

Employees Health Insurance Plan

SEHIP executives predict financial turmoil for 2013 fiscal year The Alabama State Employee’s Health Insurance Plan (SEHIP) may be heading for economic turmoil.  SEHIP executives announced this week that they expect the insurance program to spend more money than it collects in the 2013 fiscal year. The plan currently covers 51,000 active and retired public workers, giving them access to affordable health insurance coverage. If the plan faces economic troubles in the future, the cost of the coverage it provides to these consumers may become more expensive, if it is…

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