Tag: US health insurance

US sets health insurance enrollment record for Affordable Care Act plans

Logan B.
Health insurance - ACA enrollment record

This year’s open enrollment period has already broken previous records for the number of enrollments. So far, over 20 million consumers across the United States have enrolled in health insurance plans through Affordable Care Act (ACA) marketplaces this year. This represents the highest number of enrollments since the law went into effect back in 2010. New data was released on Wednesday announcing that the health insurance plan enrollments for 2024 had already broken the record, even with another week left in which to enroll in a plan for the year.…

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Cigna insurance company ends its Humana acquisition intentions

Logan B.
Insurance Company - Acquisition Cancelled

The insurer is now developing a $10 billion share buyback plan after a failure to agree on a price. Health insurance company Cigna has ceased its pursuit of a negotiation for acquisition of its rival insurer Humana. The company left its efforts when the two insurers were unable to agree on price. Cigna announced that it is working on plans for buying back $10 billion worth of shares. The health insurance company resulting from an acquisition of Humana by Cigna would have resulted in an insurer with an estimated value…

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Mercy Health and Anthem strike health insurance deal

Logan B.
Health insurance - Deal - Handshake

The companies have come to an agreement that will keep the care provider in the insurer’s network. Mercy Health has announced that it will remain in Anthem’s health insurance network now that the companies have arrived at a deal. This means that the insurer’s members will be able to seek care through that healthcare system. The Catholic healthcare system in Ohio and Kentucky will be available to Anthem health insurance members on the Medicaid, Medicare Advantage and employer-based coverage plans. According to the new agreement, this will extend through to…

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Medicaid health insurance coverage at stake for many people because of paperwork issues

Marc
Health insurance - Help - Paperwork

People in a number of states have been struggling with paperwork issues and are losing their coverage. Procedural challenges and paperwork problems are being blamed for a rash of people losing their Medicaid health insurance coverage in several states throughout the country. The Health and Human Services Secretary is urging states to Health and Human Services Secretary do more to keep residents enrolled. Xavier Becerra, , is calling for states to do more to make sure their lower-income residents have the ability to remain covered by Medicaid health insurance coverage.…

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Millions of Americans could lose Medicaid health insurance as pandemic eases

Nordstrom
Health insurance - Medicaid card

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

H. Cutner
US healthcare - American Flag - Medical

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…

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Under half of American adults have basic health insurance literacy

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…

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