Tag: Kaiser Family Foundation

State-run health insurance exchanges struggle to find enrollees

S.Vagus
online health insurance technology exchange

Enrollment in state-run exchange is going down, study shows A new study from Avalere Health and the Kaiser Family Foundation shows that enrollment in state-run health insurance exchanges is lackluster. Several states opted to operate their own health insurance exchanges, which gave them more control over their respective insurance markets, but others decided to allow the federal government to build and manage these exchanges. The study shows that enrollment in state-run exchanges has been falling, while enrollment in federal exchanges has managed to increase. Study highlights a 12% decrease in…

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New report highlights the expensive nature of health insurance

Logan B.
health insurance cost medical

Many people in the US cannot afford the deductible on their health insurance policies The Kaiser Family Foundation has released a new report that shows that more consumers in the United States have health insurance, but fewer of these people are actually able to afford the deductible on their policies. The Affordable Care Act has helped make insurance coverage more accessible to consumers, but the law has not made deductibles for new policies affordable. Many consumers with mid-to-high range plans are unable to afford their deductibles because of a lack…

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Health insurance penalties are becoming more expensive in 2015

S.Vagus
health insurance cost medical

Penalties for those without insurance coverage are set to rise next year Those without health insurance in the United States could face higher penalties in 2015. Next year will be the first time that U.S. citizens will be required to report whether or not they have insurance coverage to the Internal Revenue Service. Those without insurance coverage will face fines, while those with coverage will avoid these fines. The uninsured could qualify for some 30 exemptions to these penalties, but most people are completely unaware of these exemptions. 3% of…

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Health insurance rates could spike in small states

Nordstrom
health insurance costs subsidies

Baby boomers relying more heavily on medical care could lead to a surge in spending Baby boomers are entering their “golden years” and this may have a significant impact on health insurance premiums for everyone else. An estimated 76 million people from the baby boomers generation are expected to create a surge in spending on prescription medications, health care, and hospice car. This may become a major financial issue for insurance companies, with insurers like UnitedHealth and WellPoint seeing few other options than raising rates. For some states, premiums may…

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Health insurance premiums for family coverage are on the rise

S.Vagus
health insurance exchanges

Premiums for family plans offered by businesses are growing Premiums for employer-sponsored family health insurance plans rose for the third consecutive year, according to a survey from the Kaiser Family Foundation and the Health Research & Educational Trust. Insurance rates have been climbing despite certain provisions of the Affordable Care Act becoming active this year. These provisions had been meant to offset the rate at which insurance premiums were increasing, but they have only proven to be moderately successful. Study shows modest increase in cost of family policies The study…

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