Tag: healthcare insurance

Over 14.5 million Americans enrolled in Affordable Care Act health insurance

Nordstrom
Affordable Care Act - 14.5 million Americans - healthcare

Wednesday was the 12-year anniversary of the implementation of Obamacare in the United States. There are 14.5 million Americans currently enrolled in the Affordable Care Act for 2022, according to US government statistics released on Wednesday, the 12-year anniversary of the law’s implementation. That represents a substantial 21 percent increase in enrollment over the numbers from 2021. According to the data released by the federal government, 10.3 million people enrolled in the 33 states across the country that use the federal government’s own marketplace at healthcare.gov. The remaining 4.3 million…

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MedOrion announces first US health plans HBM software platform

Marc
Health Plans software person with computer 2

The announcement created a new insurance category for the Rise National conference today. MedOrion has announced that it has developed the first AI-based Health Behavior Management (HBM) platform for US-based health plans. The company specializes in guiding members toward better medical and wellness decisions. The platform helps health plans to better understand the concerns and motivators of their members, embedding them into every component of their business. The SaaS AI platform breaks complex real world data, member behavior, and healthcare environmental changes down into usable information. This way, it can…

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AIA health insurance company says Apple Watch wearers are more active

G. Turner
Health insurance company - Woman exercising wearing watch

The fitness tracking smartwatch wearers move 51 percent more than those without a tracker. AIA health insurance company in Australia provides its customers with Apple Watches and is now showing that wearers are as much as 51 percent more physically active than non-wearers. The insurer showed that the impact of the fitness tracking was particularly helpful among those over 50. A report released by the AIA Australia health insurance company showed that people aged 50 years or older increased their physical activity by an average of 51 percent once they…

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Are health insurance companies required to cover home COVID-19 tests?

Logan B.
Health Insurance Companies - COVID-19 home test

The Biden-Harris Administration announced that insurers and group plans must cover FDA-approved tests. This week, the Biden-Harris Administration announced that health insurance companies and group plans will be required to cover FDA-approved home COVID-19 tests as of January 15. As of January 15, policyholders will be able to obtain those home tests without out-of-pocket costs. “This is all part of our overall strategy to ramp-up access to easy-to-use, at-home tests at no cost,” said Xavier Becerra, Secretary of the US Department of Health and Human Services (HHS). “Since we took…

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Why Should You Get Health Insurance As An Expat In Canada?

Guest Author

For new expats living in Canada, the first thing that you should do is settle all of the necessary living needs before fully enjoying the country and its offers. Consider delaying trips and vacations for a short while and prioritize what is really needed for a convenient long-term stay in the country.  If you don’t know where to start yet, then availing health insurance is the best answer. Although some people are against health insurance mainly because Canada’s healthcare is free and it will just be additional fees to live…

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Employer-sponsored health insurance costs jumped this year

H. Cutner
Health insurance - Costs - money - stethoscope

The average cost of the coverage per worker rose by the largest amount in 2021 that it has since 2010. The average cost of employer-sponsored health insurance per worker saw its highest annual increase this year that it has since 2010. This occurred as the benefit costs rose faster than inflation and the earnings of the workers themselves. The Mercer 2021 National Survey of Employer-Sponsored Health Plans showed that there was a 6.3 percent average increase in the cost of employer-sponsored health insurance this year. Employees and their families began…

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Nearly three quarters of health insurance markets are highly concentrated, says study

Logan B.
Health insurance markets - metropolitan area

The American Medical Association found that this was the case in 73 percent of MSAs. A new American Medical Association (AMA) study has revealed that almost three out of every four metropolitan statistical areas (MSAs) are concentrated health insurance markets. The analysis was based on data from the Department of Justice and Federal Trade Commission. The AMA’s study revealed that 73 percent of MSAs were highly concentrated health insurance markets based on the horizontal merger guidelines from the Department of Justice and the Federal Trade Commission (FTC). In 91 percent…

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