The 2021 average annual cost of health insurance for Americans will fall by 1.59 percent

Annual cost of health insurance - medicine - money

According to a recent study, the average yearly premiums to be paid across the US will be $5,952. As Americans look to their 2021 coverage options, a recent ValuePenguin study shows that the average annual cost of health insurance will be falling. The amount individual households will pay will vary from one state and one home to the next. The study showed that Americans, on average across the country, will be paying nearly $500 per month for their plans. The annual cost of health insurance as a national average was…

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The percentage of kids without Pennsylvania health insurance is rising

Pennsylvania health insurance - children sitting on bench

The trend had been steady in 2018, but the segment of uninsured children in the state has climbed. In 2018, Pennsylvania health insurance data showed that the rate of uninsured kids had been holding study. However, last year, showed that the trend broke and more children were going without coverage. There are concerns that this situation could worsen as families face COVID-19 pandemic fallout. The Pennsylvania health insurance uninsured rate among children aged 18 years and younger hit 4.6 percent. That grew by 0.2 percent from 2018 and 2019, according…

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Health insurance plan enrollment has shifted due to the pandemic

Health insurance plan enrollment - pandemic - American flag on face mask

As is the case with everything else, signing up for coverage has been impacted by COVID-19. As has been the trend with virtually everything in 2020, health insurance plan enrollment has been impacted by the presence of the pandemic. The coverage and benefits have altered due to the impact of the pandemic on health care. As insurers, employers, and even Medicare have seen the needs of policyholders change throughout the pandemic, they have made changes to coverage in an effort to better respond COVID-19. Consumers are also taking a closer…

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Breast cancer disability insurance claim length average dropped by 2 weeks

Breast Cancer Disability Insurance - pink ribbon

Survivors are heading back to work notably sooner than had previously been recorded. Claims on breast cancer disability insurance have been a top cause of this type of coverage for more than a decade. However, the length of those claims has been getting shorter. In fact, survivors have shortened their time off work by an average of about two weeks. In 2019, the average length of a short-term breast cancer disability insurance claim was 64 days. In 2010, that figure was 78 days. This shows a meaningful change in trends…

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Employer sponsored health insurance costs are up 4 percent this year

Employer sponsored health insurance - health insurance costs

The Kaiser Family Foundation data also showed that they have risen by 55 percent in 10 years. Employer sponsored health insurance costs have been rising steadily for Americans, having increased by 4 percent to $21,342 this year, according to a recently published Kaiser Family Foundation (KFF) study. The annual KFF survey found that workers are paying almost $5,600 for their coverage this year. KFF’s annual survey determined that American workers are paying almost $5,600 int their employer sponsored health insurance for family coverage. In 2010, that figure had been closer…

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Stage actors face lost health insurance while already dealing with unemployment

Lost health insurance - stage actors

The fund covering thousands of performers requires a minimum number of weeks worked. Following the theater industry lockdown, stage actors who are already struggling with unemployment are now facing lost health insurance. The fund that provides them with medical coverage requires them to work a minimum number of weeks in order to qualify. Professional actors and stage managers must work 11 weeks to qualify for six months of coverage. Since the theater industry is shutdown, stage actors and managers cannot work in that industry at all, making it very difficult…

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Massachusetts insurance enrollment remains strong as unemployment spikes

Massachusetts insurance enrollment - American Flag, money and stethoscope

The state has the country’s worst unemployment rate, but residents are keeping up their coverage. Massachusetts insurance enrollment has remained strong despite the state’s unemployment rate, which is currently the worst in the United States. New data has revealed that despite losing their jobs, consumers have kept their health plans. The Center for Health Information and Analysis (CHIA) revealed new data last week which showed that overall Massachusetts insurance enrollment stayed essentially stable through May. At that time, there were more than 6.4 million residents of the state covered by…

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