Although the Affordable Healthcare for America Act by the Obama administration was created in order to make certain that a larger number of Americans will have access to health insurance, many are finding that the premiums are still too costly to be able to afford them. The Act has already gone through some significant improvements since its first creation, especially in terms of Medicare, as it has assisted in lowering those costs. That said, many Americans are still struggling to afford their current health insurance rates or remain without any…
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Affordable Care Act offers women greater access to preventive services
Preventative health care has been a chronic challenge in the American healthcare system, but due to the fact that chronic diseases – which make up about 75 percent of the country’s health spending, and that they are the cause of 70 percent of deaths every year – are frequently preventable, this type of healthcare is now being pushed into the spotlight. Affordability has been one of the main problems holding back preventive services. Currently, most of these therapies, even those with insurance coverage, are subject to cost sharing, such as…
Read MoreHealth insurance survey shows many continue in an uphill battle against medical bills
A recent study found that in 2010 there was around 40% of Americans claiming financial hardship with paying medical bills. In 2005 it was 34%, thus presenting a 6% rise in just 5 years. An easy problem to pick out for increased spending would be the lack of insurance coverage, but Patricia Herman, an economist at the University of Arizona, says that financial ruin caused by an injury or illness may not be prevented by health insurance. A study was conducted and can be found online in the August issue…
Read MoreMedicare is just not enough for senior citizens
With most U.S. senior citizens carrying Medicare the well used system has its pitfalls, leaving many worrying about coverage. Democrats have recently stated that they would not allow the Republicans to cut the funding to Medicare and its beneficiaries. However, even with this possibility, Medicare just is not enough for senior citizens. Supplemental health insurance is given to many senior citizens in order to close the gap and pay less. More often than not, getting health insurance can be rather confusing, as well as expensive. Thankfully, though, there are special…
Read MoreCalifornia health insurance marketplace just got a little tougher for industry
In California’s ongoing battle over health insurance rates, legislators may have won some ground toward their goals of more affordable coverage. The state’s Assembly approved a bill late last week that would institute much stricter regulations regarding rate changes. The bill requires California insurers to seek approval from regulators regarding rate changes before they can collect premiums from new rates. The majority of the state’s insurance industry opposed the bill, but was unable to sway the minds of lawmakers. The bill expands the powers of the California’s Insurance Commissioner, Dave…
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