A new study from the Kaiser Family Foundation, a non-profit health care organization, has uncovered a startling trend concerning the cost of employer-sponsored health insurance. The study shows that the cost of health insurance for employers has been rising at a rapid pace this year, which runs contrary to reports citing moderate increases to insurance rates. Exactly why rates are currently soaring to new heights is unknown, but researchers from the foundation speculate that it may be due to the federal insurance mandate which requires all people to have health…
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Almost 20 percent of Californians don’t have health insurance
New statistics released by the U.S. Census have shown that many Californians are going without health insurance, as almost one in every five did not have this coverage within the last three years. This is one of the highest rates of uninsured individuals in the country. According to the census, from 2008 through 2010, 18.9 percent of the residents of California – nearly 7 million people – did not have any form of healthcare coverage. The same census showed that the national average during that same period was 15.8 percent.…
Read MoreInsurance denial rates run rampant throughout the country, new data shows
New data from the federal Department of Health and Human Services shows that a large number of health insurance applications sent to Anthem Blue Cross and Blue Shield are rejected. While rejections are not uncommon in the insurance business, the rate at which insurers are denying applicants has raised the concerns of federal regulators. Reportedly, some of these rejections are spurred by what may appear to be minor events, such as an applicant visiting an emergency room because of injury or going to see a chiropractor for back pain. According…
Read MoreA news study shows the costs of health care are rising as well as uninsured rate
A new report from the Commonwealth Fund, a nonprofit organization championing a more efficient health care system, shows that as the costs of health insurance rise, the number of people with health insurance plummets. The report cites growing tensions within the economy as consumers struggle to cope with higher costs of living and widespread job loss. In 2010, the organization estimated that 29 million people did not have health insurance, a number that had been 16 million seven years before. Among those losing health insurance coverage are those with jobs.…
Read MoreReport finds that 50 million people are uninsured and unable to receive coverage through COBRA
A new report from the Commonwealth Fund, a private foundation working to improve the performance of the nation’s health system, has found that 50 million Americans are without health insurance of any kind. The lack of coverage is linked to the economic recession of 2008, in which many businesses had to make cuts to staffing in order to stay afloat. As unemployment rose, so too did the rate of those without insurance as many no longer had access to employer health benefits. According to the report, most of these people…
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