State agency cannot cover the cost of claims The Illinois Department of Central Management Services has announced that it will no longer be able to pay state employee health insurance claims without a state budget. The claims are coming from those that receive coverage through the State Employees Group Insurance Program. Since the agency can no longer pay for the claims being made by policyholders, some 150,000 people could face higher out-of-pocket costs associated with their health insurance coverage. Those with self-insured plans will be hit the hardest by lack…
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American Olympians finally have an insurance policy that qualifies
The plan covering the team had not been meeting the standards of the Affordable Care Act. The U.S. Olympians have now finally managed to obtain qualifying health insurance policies, following an agreement between the U.S. Olympic Committee and the government with regards to their coverage status. Until this time, the health plans for the athletes and their dependents was not up to the ACA’s requirements. There are approximately 850 athletes and about 225 dependents that are enrolled in the special health insurance policy plans through the U.S. Olympic Committee (USOC)…
Read MoreAffordable Care Act event may make health plans easier for migrant workers to find
The ACA open enrollment period has passed but North Carolina is hoping to assist fruit and vegetable pickers. Migrant workers – who are very common in agriculture, particularly when the harvesting seasons begin – are integral to the food production industry are receiving assistance from the Affordable Care Act in the form of an event that will make it easier for them to purchase health plans that will provide them with medical insurance coverage. This event is being run under the ACA and was sponsored by Get Covered America and…
Read MoreUniversity of Toledo student insurance no longer required
There is no longer a regulation for enrollment, but it remains possible to voluntarily enroll if desired. The student insurance that used to be required for everyone going to the University of Toledo has now been changed to a voluntary coverage, which is available to anyone who Is taking at least one credit hour per semester. The reason behind the decision is that many of the students attending the university no longer require the coverage. The reason is that because of the federal health care reforms, student insurance often overlaps…
Read MoreYoung consumers remain confused about health insurance
Study finds that young adults are still confused about insurance terminology Many young consumers are concerned about the cost of health insurance policies, but they are still confused about out-of-pocket expenses, according to a study from the Children’s Hospital of Philadelphia. The study is quite small, with researchers observing 33 young adults between the ages of 19 and 30 as they purchased insurance coverage through HealthCare.gov. The online marketplace has made it easier for consumers to acquire coverage, but they may not have a full understanding of insurance terminology. Consumers…
Read MoreHealth insurance trends still show challenges for transgender consumers
Many people are facing lengthy battles with insurers regarding the coverage of certain procedures and medications. Across the United States, there are an estimated 700,000 people who are transgender, and many of those consumers have been facing considerable struggles as the latest health insurance trends are not providing coverage for certain medications and procedures that are commonly needed by these individuals. As the public becomes more aware of this population, it is increasingly evident that insurance coverage is highly complex. When it comes to procedures related to transgender people, the…
Read MoreHealth insurance now covers almost 9 out of every 10 American adults
This figure was revealed in the report about the results of a large survey that was recently released. According to the outcome of the Gallup-Healthways Well-Being Index survey that was recently conducted, almost 9 out of every 10 adults across the United States are now reporting that they have health insurance coverage. Back in 2013, that figure was showing as being just slightly more than 8 out of every 10 U.S. adults. What has yet to be known about these health insurance study results is whether this is actually a…
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