Tag: obamacare

Health insurance market is experiencing a growth rate slowdown

Marc
affordable care act health insurance coverage

A government survey has shown that the growth rate within that market dropped significantly in 2016. A federal report has confirmed that the health insurance market growth rate is slowing down. In fact, this year saw a notable growth reduction when compared to the rates seen since the launch of the Affordable Care Act. Still, there is progress being made and at the start of the year, uninsured rates hit record lows. During the first three months of the year, the health insurance market was providing coverage for an additional…

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Health insurance exchange enrollment is nowhere near predictions

H. Cutner
health insurance exchange

In fact, current statistics show that participation is less than half of what it was expected to be by now. Health insurance exchange enrollment is currently less than half of initial predictions. The lack of participation in the health care law as predicted has caused these marketplaces to undergo a considerable shift. Several major insurers have stopped selling their health plans due to the expense associated with them. Recent Kaiser Family Foundation forecasts indicate that consumers will have far less choice next year. Health reform analyst from the Kaiser Family…

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Employer health insurance hasn’t decreased from Obamacare

Logan B.
workers employer health insurance

A new survey showed the ACA has not reduced the number of employers offering these benefits. There had been strong fears that employer health insurance would plummet at the implementation of the Affordable Care Act. That said, a recent survey has shown that Obamacare doesn’t appear to have produced this result. The percentage of companies still offering benefits including health insurance to workers has stayed steady. The proportion of companies offering employer health insurance benefits to both workers and their families has stayed the same. The figure has remained essentially…

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103K Minnesota health insurance customers need new coverage for 2017

G. Turner
Minnesota Health Insurance Trump Administration Lawsuit

Blue Cross and Blue Shield of Minnesota is stepping out of the state’s insurance exchange next year. Over 103,000 Minnesota health insurance customers are losing their coverage at the end of this year. This means that they will need to find a new health plan to protect them against medical expenses in 2017. Blue Cross and Blue Shield of Minnesota has announced its departure from the state’s insurance exchange. It is for that reason that so many individuals and families will need to scramble for new coverage in 2017. The…

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Medicaid insurance plans receive federal standards makeover

Logan B.
Medicare open enrollment deadline approaching fast – things you should know!

The Obama administration has now established a new set of standards for these private coverage plans. The primary source of coverage for millions of Americans, Medicaid insurance plans, are undergoing a significant change as the Obama administration has now laid out a fresh set of standards to which these policies must adhere. The new rules have been designed to address insurance companies that serve Medicaid customers. There are 39 states in which insurance companies are serving as a kind of middleman in order to make sure that customers have coverage.…

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