As uninsured figures reach record lows, the expiration of pandemic policies is now looming. Health insurance experts are wondering if the massive gains in reducing the number of uninsured people there are living in the country will be lost as pandemic policies start coming to an end. The uninsured rate has dipped to yet a new low, having reached approximately 8 percent of the population. Some of that considerable achievement is the result of the policies put into place as a result of the pandemic. The government launched a range…
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Most Americans think US healthcare could be better handled
According to a poll, this sentiment is particularly strong when it comes to care for older adults. Less than half of Americans feel that the US healthcare system is being handled well, according to the results of a new poll conducted by The Associated Press-NORC Center for Public Affairs Research. Less than half of the survey participants said they felt that they were satisfied with the way it is managed. Among the survey respondents, only a tiny 12 percent said that they felt US healthcare was handled very well or…
Read MoreUnder half of American adults have basic health insurance literacy
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…
Read MoreHealth insurance enrollment breaks all previous records
Biden’s changes to the Affordable Care Act changes reversed many areas Trump had altered. Health insurance enrollment through the Affordable Care Act (Obamacare) have reached a record high this year, in a trend widely associated with the changes President Joe Biden made to reverse alterations President Trump had made while he was in office. Among the additional changes Biden made include an increase to available financial assistance. Beyond increasing financial assistance for health insurance enrollments, other changes included widening the window in which consumers could sign up for coverage through…
Read MoreEmployer-based health insurance premiums are skyrocketing
The average family is paying 47 percent more than they were a decade ago, outpacing inflation and wage growth. Americans who receive their health insurance through their employers are paying substantially higher premiums in 2021 than they were in 2011, according to a new Kaiser Family Foundation report. Employer-sponsored health insurance has seen a 47 percent rise in premiums, said the report. This health insurance premium rise has been moving faster than wage growth (31 percent) and inflation (23 percent) that took place during that same decade. This year, annual…
Read MoreHealth insurance open enrollment has begun
Across the country, Americans can now purchase their own plans, many of whom now have more choices. Across the country, Americans who purchase their own health insurance can now do so for 2022 on the federal or state exchanges as the enrollment window has opened. The open enrollment period will continue until next year into January 2022. In California, residents can purchase their health insurance through Covered California, the country’s largest state-run plan marketplace. The plans sold through the exchanges are for people who don’t already receive coverage through their…
Read MoreOnline health insurance marketplaces reopen following Biden executive
The new US president signed the executive order saying that he was undoing “damage” from Trump. US President Joe Biden signed an executive order at the end of last week reopening the online health insurance marketplaces for people without coverage through employers. This move restores access to the healthcare.gov insurance exchange from February 15 to May 15. According to President Biden, the order to open a new online health insurance marketplace window was meant to undo the “damage” his predecessor Donald Trump had done, said a Reuters report. This executive…
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