According to the latest research issued in a report by the research and advocacy group, the National Women’s Law Center, women continue to pay higher premiums than men for the same health coverage. In 2014, when the new healthcare laws are fully implemented, the discrepancy between what men and women will pay for health insurance will cease, but at the moment, many states continue to see significant gaps between the premiums of men and women without any indication that the insurers intend to shrink them. The report will become available…
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The Californian perspective of the Affordable Care Act
Though the Affordable Care Act (ACA) may be a federal healthcare system overhaul, each state is experiencing it in its own way, and though Californians have already started seeing some differences since the act went into effect in March 2010, there will be a great deal more by the time it has been fully implemented in January 2014. So far, Californian health care has seen a few important changes. These include: • Ensuring that no new health insurance policies can include lifetime caps on benefits, so that individuals who are…
Read MoreColon Cancer Awareness Month reminds individuals to obtain supplemental insurance quotes
The month of March, Colon Cancer Awareness Month… is more than halfway over, but the American Cancer Society and other organizations are still urging everyone to take a moment to find out more about this disease, to practice proper early detection screening habits, and to make a donation to help improve research and care. It is also a good time to have a look at your coverage and decide whether or not you would benefit from supplemental cancer insurance. Many are choosing to do so before the end of the…
Read MoreMillions of Americans may receive rebates from insurers this year
Before the summer draws to a close, millions of people across the United States will be receiving rebates from their insurers, due to the new federal healthcare reform requirements that have placed strict rules on the way that insurance companies spend their earnings. This regulation is not without opposition. The entire insurance industry, along with a large number of state officials, have been battling this rule for some time. Based on the federal regulations that went into effect at the end of 2011, health insurance companies are required to spend…
Read MoreSupreme Court to begin litigation on Affordable Care Act this month
This month, the U.S. Supreme Court will begin litigation on the controversial Affordable Care Act. The federal law seeks to radically change the structure of the country’s health care industry and introduces new insurance regulations that are aimed at benefiting consumers. The Act was signed into law in 2010 and has since been a point of contention for political leaders and legislators throughout the U.S. Many states have backed the Affordable Care Act, but others have filed lawsuits against the federal government, accusing the law of being unconstitutional. The Supreme…
Read MoreHealth insurance analysis suggests that insurance may be completely unaffordable by 2031
Two leading medical professionals have published a new analysis of the future of health insurance in the latest issue of Annals of Family Medicine. Richard A. Young and Jennifer E. Devoe have taken a look at the Affordable Care Act and how it will affect the health insurance industry from when it is fully enacted in 2014 to the state of the industry in 2037. The study assumes that the federal health care law is successful in its goal of lowering health insurance premiums. Despite this supposed success, the study…
Read MoreSurvey shows that health insurance is growing more expensive but also more restrictive
A new survey released yesterday by Towers Watson, a leading professional service and consulting firm, and the National Business Group on Health, a trade organization, claims that health insurance is getting more expensive, but is also covering much less than it used to. The survey, which targeted several large companies throughout the U.S., shows that employees are paying more for their coverage this year than they have in the past. They are also subject to more restrictions on their insurance and health care options, with many benefits being cut by…
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