State residents are steadily continuing to sign up for their coverage under the Affordable Care Act. Colorado health insurance enrollment is performing considerably better than it was at this time in 2016. Despite a temporary slow down near the end of November, the Affordable Care Act in the state is still seeing far more registrations than had been the case last year. Even with the slowing, the enrollment pace is still significantly faster than was seen in 2016. According to Colorado health insurance data from November, almost 44,000 state residents…
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ACA health insurance enrollments growth already outpacing last year
There are already 600,000 people who have signed up for their plans through the official marketplaces. According to a recent reports on the latest ACA health insurance enrollments, registrations are up and look very promising. In fact, more than half a million people have already enrolled, 23 percent of whom are new to the insurance exchanges. Despite President Trump’s claims that the Affordable Care Act marketplace was collapsing, it’s growing. “More than 600,000 people signed up last week for health insurance under the Affordable Care Act, significantly beating the pace…
Read MoreWill health insurance exchanges crumble under Obamacare repeal?
According to a number of industry experts and analysts, the marketplaces may just survive. In under a handful of days into the start of 2017, the Republicans made it clear that the repeal of the Affordable Care Act and its health insurance exchanges would be among the first moves of the year. Some predictions have stated that health insurance companies will start withdrawing from the marketplaces. The concern is that the instability brought by the Affordable Care Act repeal could make the health insurance exchanges too much of a risk…
Read More20 million people have received health insurance through the Affordable Care Act
Health care reform has made insurance coverage more accessible An estimated 20 million people in the United States have managed to acquire health insurance coverage since the passage of the Affordable Care Act in 2010, according to a new report from the Department of Health and Human Services. Over the past few years, the health care reform law has been subject to harsh criticism, with opponents of the legislation threatening to repeal the law in favor of a different solution. The Obama Administration, however, notes that more people have access…
Read MoreHealth insurance plans to be rated based on size of network
The Obama administration will now use the number of included doctors and hospitals in the ratings. In response to complaints from consumers with respect to the way health insurance plans are rated on the exchanges, the Obama administration has now said that it will provide a rating for each plan based on the number of hospitals and doctors that are included within that plan’s network. Equally, there will also be an increase to the maximum annual out-of-pocket amount that consumers can pay. For individuals, the maximum out-of-pocket expenses for health…
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