Wisconsin reaches record health insurance enrollments through Affordable Care Act

Health insurance - Wisconsin ACA record enrollment

The state saw about 266,000 sign-ups during the 2024 open enrollment period for coverage. This year’s Affordable Care Act open enrollment window for health insurance saw the highest number of Wisconsin state residents registering for coverage. The 2024 enrollment period brought coverage to over a quarter of a million people in the state. State officials made the announcement, citing health insurance enrollment data released by the federal Centers for Medicare & Medicaid Services (CMS) and from the Office of the Commissioner of Insurance. The data reflected the number of enrollments…

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Most Americans with health insurance have experienced problems

Health insurance - Problems - Stress

Almost 60 percent of covered individuals have struggled with their plans in the last year. A nationwide survey has revealed that almost 60 percent of Americans with health insurance have experienced a problem with their plan within the last year. The research conducted an evaluation of healthcare coverage among adult Americans with plans. Among the problems health insurance customers have faced within the last year have included challenges in finding an in-network provider, denied claims, and denied or delayed care that required an insurer’s prior authorization. According to the researchers…

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Life insurance experience differs among states due to health records

Life Insurance - Heart

Health trends in states across the country help to determine a consumer’s experience with coverage. The majority of people can’t say that they have absolutely flawless health and healthy lifestyles, and this impacts their overall experience shopping for life insurance policies. Across the United States, 4 out of every 10 adults have a minimum of two chronic illnesses. That said, some states across the countries have better wellness statistics than others, mainly due to two primary issues, the prevalence of unhealthy lifestyles and of substance abuse. This can have an…

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Health care costs propelled skyward by labor, inflation, and insurance rates

Health care - stethoscope on folded bills

There are several factors all contributing to the rising cost associated with medical services and products. Consumer prices are rising across the country, but it hasn’t been specifically determined how much higher health care costs will be headed skyward and how quickly. Product and labor costs alike have been rapidly climbing throughout the United States. With consumer prices climbing as they are, health care expenses are expected to go with them, which will send insurance rates upward in 2023 as well. According to a presentation by the Kaiser Family Foundation,…

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Covered California rates announced and they’re on their way up

Covered California - Health Insurance rate increase

Coverage purchased through the state health insurance marketplace will rise by an average of 6 percent. The Covered California rates have been announced for next year, and the cost of coverage will be increasing by an average of 6 percent for 2023. Officials cautioned that coverage could be far more expensive for some if federal aid isn’t renewed by Congress. They cautioned that some consumers could see their premiums as much as doubling if Congress chooses not to renew federal aid. The rate hike announcement represents the largest increase Covered…

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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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Almost 27M Americans lost job-based health insurance, says Kaiser Family Foundation

Job-based health insurance - Man studying graph on tablet

The employer sponsored coverage has been plummeting due to pandemic related layoffs. Almost 27 million people across the country may no longer have their job-based health insurance, says a new report from the Kaiser Family Foundation. This report pointed to the widespread layoffs occurring as a result of the coronavirus pandemic as the cause. The report, released on Wednesday, underscored a substantial problem in medical coverage. Many of those who have lost their job-based health insurance now find themselves uninsured. That said, less than half – about 12.7 million people…

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