Live Insurance News

College students on Medicaid told to purchase private health plans or leave

November 27, 2019November 28, 2019 Logan B.

Students on Medicaid - Student stressed looking at laptop

Brigham Young University-Idaho no longer accepts the free government insurance program. Students on Medicaid at Brigham Young University-Idaho recently discovered that the school no longer accepts the free government insurance program. The unusual announcement was made as the college’s students began winter semester enrollment. The number of students on Medicaid is expected to rise in Idaho in January as the free government health insurance program expands starting in 2020. Brigham Young University-Idaho, like a large number of post-secondary institutions, requires all its students to have health coverage. However, this month…

Judge stops Trump order making immigrant proof of health insurance mandatory

November 6, 2019November 4, 2019 Logan B.

Proof of health insurance - gavel - judge

A federal judge has temporarily blocked the regulation for would-be immigrants. A federal judge has stepped in the way of one of President Donald Trump’s orders that would require would-be immigrants to provide proof of health insurance. Federal health officials and immigration attorneys are concerned that the block is temporary. Officials and immigration attorneys have said that they are still worried that the Trump administration’s order could be put into effect. This would make it a requirement for potential immigrants to provide proof of health insurance. The officials and attorneys…

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…

Small Business Health Insurance Trends 2019

September 11, 2019 Guest Author

The majority of Americans rely on small business health insurance to get the coverage they need. Unfortunately, too many small businesses fail to offer the right coverage options. In fact, in a survey of firms with between 3 and 9 employees, only 44% of those small businesses offered any health benefits. That’s bad news considering that small businesses make up the majority of businesses in the United States. Luckily, things are looking up. Despite the complicated and confusing insurance landscape of today, new trends are taking over that make small…

US Health insurance rebates may reach record levels in 2019

September 6, 2019September 8, 2019 Logan B.

Health insurance rebates - us dollar - pills

A new report has indicated that the Affordable Care Act refunds could hit $1.4 billion this year. The provision of the Affordable Care Act (Obamacare) which provides millions of Americans with health insurance rebates is expected to reach a record high level this year. Health insurance customers may be receiving more in refunds this year than ever before. In 2012, a component of the Affordable Care Act went into effect which required insurers to pay their customers a medical loss ratio (MLR) payment every fall under certain circumstances. If those…

Americans with a health insurance plan have half the risk of bankruptcy, study

August 13, 2019August 9, 2019 Marc

Health insurance plan - Man with empty pockets - bankruptcy

New data from the American Bankruptcy Institute shows uninsured people are twice as likely to file. Just as data is being released saying that while most Americans now have a health insurance plan, many remain underinsured, another study’s results have indicated that coverage is still making a difference. The American Bankruptcy Institute has shown that the uninsured have twice the likelihood of filing bankruptcy compared to those with coverage. The research showed that covered individuals whose policy was interrupted were twice as likely to go bankrupt. In fact, the data…

The US health care system now covers 9 out of every 10 Americans

August 9, 2019August 8, 2019 Marc

Though heavily criticized the Affordable Care Act has received, most Americans have medical coverage. The greatly criticized US health care system now covers approximately 90 percent of Americans. Still, it remains a core subject of debate among 2020 presidential candidates. Most are now attempting to present their own alternate versions of the system. In fact, many candidates are seeking to eliminate the Affordable Care Act and begin again. If we were to listen exclusively to what politicians are saying about the US health care system at the moment, it would…