us health insurance coverage Archives

Under half of American adults have basic health insurance literacy

July 27, 2022July 26, 2022 G. Turner

Health insurance - Confusion about coverage

People across the US have widespread misconceptions about important coverage concepts. Many adults across the United States have a weak health insurance literacy, according to a new Forbes Advisor survey. Americans are struggling with issues such as basic terms and concepts regarding their coverage. The survey from Forbes Advisor showed that as much as 77 percent of Americans were confused by basic terms used in their health insurance policies, such as co-payment, co-insurance and deductible. The survey was conducted online and involved the participation of 2,000 US adults with a…

Percentage of Americans Covered by Health Insurance Plans Fell in 2018

September 12, 2019September 11, 2019 Logan B.

Americans Covered by Health Insurance Plans Percentage Decline

This represents the first time coverage levels have fallen since the Affordable Care Act went into effect. For the first time since 2009 – the year before the Affordable Care Act was implemented – the percentage of Americans with health insurance plans fell last year. Until 2018, the share of U.S. residents with health insurance had risen each year since 2010. The drop in the share of Americans covered by health insurance plans has occurred regardless of the strength of the economy. Therefore, it was speculated in a New York…

Governor Polis announces massive Colorado health insurance exchange premiums drop

July 19, 2019July 18, 2019 Marc

Colorado Health Insurance Exchange - Healthcare money

Across the state, consumers will experience an average cost reduction of 18.2 percent on plans. Governor Jared Polis recently announced a tremendous 18.2 percent average Colorado health insurance exchange premiums reduction for 2020. This will apply to state residents who purchase theirhealth plans through the Affordable Care Act marketplace. This is expected to provide over 200,000 Colorado residents with premiums relief. This premiums reduction affects only consumers who purchase their coverage through the Colorado health insurance exchange. It does not impact those who receive their coverage from the government or…

Is Your Health Insurance Company Tracking Your Diet and Exercise Habits?

May 29, 2019May 28, 2019 Marc

Health Insurance Company - Woman Jogging

Vitality Health is using big data and the Internet of Things to learn more about customer lifestyles. A health insurance company is considering using similar tracking concepts to the auto coverage industry. Vitality Health believes that its policyholders will be willing to exchange their healthy lifestyle data for incentives. The idea is to reward those with healthier lifestyles with discounts, thereby encouraging healthier habits. The health insurance company is hoping to change the way people are viewing wellness. They are aiming to offer discounts to individuals who live healthier lifestyles.…

Census report shows growth in health insurance amongst Americans

September 15, 2012September 15, 2012 S.Vagus

Census report aims to shed light on insurance controversies The U.S. Census Bureau recently released a report providing rankings to states based on the number of people that have access to health insurance coverage. The report showed that, in many states, a large portion of consumers were still lacking health insurance coverage. The Census report has since been used as a way to generate more controversy over the country’s new health care reform law. The Census Bureau has issued a new report, which was released earlier this month, documenting the…

Health insurance from the U.S. may not cover travelers attending Olympics

July 18, 2012July 18, 2012 Nordstrom

American policies are sometimes not effective when heading abroad. Health insurance is often the last thing on peoples’ minds when they are making their vacation plans. This is especially true when preparing for the excitement of the Olympics. The main focus of these individuals is usually to find a great hotel, the right travel reservations, and to be able to attend some of their favorite games. However, officials are warning that health insurance should begin to take some consideration among those preparations. They warn that U.S. health insurance may not…