Tag: Affordable Care Act

Consumers that missed the health insurance open enrollment have options

Logan B.
Health insurance - Investigating Options

There are definite financial risks from missing open enrollment, but all is not lost. The 2024 open enrollment periods for Affordable Care Act health insurance markets have now passed, and many consumers are now wondering what happens if they wanted coverage but didn’t obtain it in time. Understanding options begins with knowing what the open enrollment period is all about. The open enrollment period for buying health insurance allows people to purchase their coverage for the next twelve months. Many people already have coverage through work benefits and don’t need…

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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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Florida’s DeSantis wants to ‘supersede” ACA with new health care plan

H. Cutner
Health care - Florida New Plan alternative to ACA

The state governor seeking Republican nomination for president didn’t provide replacement plan details. In a recent interview on NBC’s “Meet the Press”, Florida Governor Ron DeSantis described his intentions to unveil a health care proposal this week that would “supersede” the Affordable Care Act (ACA). No further details were given about the specifics about the plan or what would be done with the ACA. That said, DeSantis never specifically said that his intention was to repeal the Affordable Care Act. That said, the Republican nominee hopeful did explain that he…

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Many lapsed Medicaid recipients will enroll in ACA health insurance plans

Logan B.
Health insurance - Affordable Care Act Form

Experts and insurers have predicted that after losing old coverage, there will be an influx of policy shopping. Health insurance companies and advisors alike are preparing for a notable surge of consumers looking for assistance in navigating Affordable Care Act enrollment after having lost Medicaid coverage in 2023. As of April, this year, the extensions for coverage that were put into place during the pandemic ended. Beginning April 1, 2023, the Medicaid and Children’s Health Insurance Program (CHIP) coverage extensions that were put into place throughout the worst of the…

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What to know about the 2024 health insurance open enrollment period

Logan B.
Health insurance - Open Enrollment 2024

There could be fewer choices available to consumers shopping in Healthcare.gov this year. The 2024 health insurance open enrollment period starts today for consumers across the country shopping for coverage on the federal- or state-run Affordable Care Act marketplaces. Though there are likely fewer choices available for next year, this was done on purpose. Consumers shopping for health insurance through HealthCare.gov might notice that there aren’t as many choices as they were used to seeing in previous years. This is not due to a mass exodus of insurers but is…

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Number of Americans with health insurance hit record high in Q1 2023, said CDC

Nordstrom
Health insurance Coverage Q1 2023

That said, this figure was measured just before the changes to Medicaid rules were implemented. During the first quarter of this year, the number of Americans without health insurance dropped to a record low of 7.7 percent. Unfortunately, this record-breaking figure was achieved just ahead of the expiration of the rule implemented during the pandemic. In April, the Medicaid coverage of 15 million people was on shaky ground, possibly increasing uninsured rates. The data was measured in a survey released by the Centers for Disease Control (CDC) this month. It…

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Biden administration seeks to restrict ‘junk’ health insurance plans

Nordstrom
Health insurance - White House - US Flag

A proposal is expected to be made tomorrow for a new regulation to crack down on short-term coverage. The Biden administration is expected to propose a new regulation tomorrow, with the intention of cutting back on short-term health insurance plans. This rule is long awaited and expected, to reign in the expansion of weak coverage from the Trump years. Democrats have been criticizing the expansion of thin health insurance coverage that was permitted during the Trump administration. They, along with patient advocacy groups, have criticized this type of skimpy coverage…

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