Live Insurance News

More than 16 million Americans enroll in Obamacare health insurance

January 31, 2023January 30, 2023 Logan B.

Health insurance - Obamacare - Affordable

This figure represents a record-breaking number of enrollments into the Affordable Care Act’s coverage. Over 16.3 million people across the United States purchased health insurance through the Affordable Care Act (ACA) in the most recent open enrollment period, for a record number of enrollees since the program initially launched a decade ago. The enrollments took place between November 1, 2022, and January 15, 2023. The 16.3 million people who purchased their health insurance through the ACA represents an increase of about 2 million people over the number of enrollees from…

Medigap insurance policies are frequently overlooked despite the benefits they offer

January 9, 2023January 7, 2023 Marc

About 14 million Americans own a Medicare Supplement policy, including seniors for whom it is viable. Medigap (Medicare Supplement) insurance is often left out of the spotlight when compared to Medicare Advantage, though it has a considerable amount to offer Americans, including seniors, for whom it is a very viable option. Medicare Supplement policies are carried by millions of Americans, but not all options are equal. This year, the American Association for Medicare Supplement Insurance has focused on the delivery of two central messages for consumers regarding Medigap coverage. The…

93 Percent of employees content with their health insurance plans

January 3, 2023December 21, 2022 Logan B.

The vast majority of workers are happy with the employer sponsored coverage they’re receiving. Most Americans are content with the employer-sponsor health insurance coverage they have and identified it as the most important benefit that they can receive from an employer, according to a Seven Letter Insight poll conducted on behalf of the Protecting Americans’ Coverage Together (PACT) campaign. The survey included the participation of 2,334 respondents covered by employer-sponsored plans. The health insurance poll took place between November 14 and November 19, 2022. The coverage was identified as the…

The price of health insurance is rising…but not as fast as goods and services

December 7, 2022December 7, 2022 Logan B.

Despite its growth rate of 20 percent, it is being outpaced by national average goods and services prices. Though higher health insurance prices hardly came as a surprise this year, given the rising price of essentially everything these days, what wasn’t quite expected was that the cost of a plan didn’t rise as fast as the average price of goods and services across the United States. What has yet to be seen is what the impact of rising goods and services prices will eventually have. Since health insurance doesn’t exist…

California seeks to achieve largest possible worker health insurance subsidies

November 25, 2022November 23, 2022 G. Turner

California Health Insurance - Employees denied

The goal is to ensure that workers receive the maximum assistance for coverage during labor disputes. California is aiming to ensure that workers in the state will receive the largest possible health insurance subsidies throughout labor disputes. This move is in response to a number of recent incidences when workers have been told they are losing their coverage throughout strikes and other similar disputes. Workers are having their coverage cut off or are threatened to lose coverage if they don’t return to work. For instance, earlier this year, Chevron workers…

California health insurance is available to many for only $10 per month

November 7, 2022November 4, 2022 H. Cutner

California health insurance - 10 dollars

One million uninsured state residents are eligible for the lowest-cost plans from the marketplace. The open enrollment period for 2023 has now begun and California health insurance is available to millions of state residents for as little as $10 per month. Some individuals and families shopping on the state’s marketplace can find coverage at no cost. Among the 1.7 million state residents who can shop on the Covered California marketplace, two out of every three are eligible for plans that are as cheap as $10 per month. Moreover, many of…

More Americans than ever have insurance but still avoid health care expenses

November 4, 2022November 3, 2022 Logan B.

Even with coverage, it’s common for people to avoid seeing a doctor due to cost concerns. Among American patients who have insurance, 41 percent still avoided seeking health care out of concerns that their coverage would still leave them with treatment costs that they couldn’t afford, said a new survey. The largest number of Americans now have coverage since the start of the Affordable Care Act. While the health care overhaul in the form of the Affordable Care Act has helped to bring coverage to record numbers of Americans, there…