Live Insurance News

Children’s Health Insurance Program wins more funding

April 21, 2015April 18, 2015 Logan B.

Senate approves legislation to reform Medicare payments and secure CHIP funding A measure to extend the funding for the national Children’s Health Insurance Program (CHIP) has won unanimous approval from the U.S. Senate. Federal lawmakers have also approved a measure to reform the Medicare physician payment system, which could address issues concerning medical costs and the overall cost of the Medicare system itself. The measures approved by the Senate would replace the Medicare Sustainable Growth Rate Formula with the Medicare Access system, ensuring that seniors have access to affordable outpatient…

Health insurance for children is at risk in the US

March 25, 2015March 23, 2015 S.Vagus

Children’s Health Insurance Program kids

Children could be losing their insurance coverage in the coming year Health insurance for children in the United States may be at risk. Congress has chosen not to reauthorize the Children’s Health Insurance Program (CHIP) and a the King v. Burwell case concerning health insurance subsidies is currently being heard by the Supreme Court. These issues could lead to a significant number of children, as well as their families, losing coverage in the relatively near future. The loss of insurance coverage could place some children at risk, especially if they…

Ongoing funding for children’s health insurance sought by Senator Bob Casey

March 19, 2015March 18, 2015 Julie Campbell

The U.S. Senator has stated that he is in opposition of the push by congressional Republicans to reduce the funds. If congressional Republicans were to have their way, then the popular federal children’s health insurance program (CHIP) would be reduced in size, in a move that U.S. Senator Bob Casey has said that he will oppose. Casey explained that he would like Congress to progress with a reauthorization of CHIP into 2019. Senator Casey held a conference call with reporters in which he explained that he is hopeful that Congress…

Governors seek extension of Children’s Health Insurance Program

December 22, 2014December 20, 2014 S.Vagus

Governors come together to support the renewal of funding for CHIP A coalition of governors from 39 states have come together to support the extension of the Children’s Health Insurance Program (CHIP). The program currently provides an estimated 8 million children and their families with insurance coverage. CHIP is a federal program, whose funding will expire at the end of October 2015 if Congress does not take action on the issue. The group of governors is pressuring federal lawmakers to renew funding for the program so that children and their…

Children’s Health Insurance Program funding may be in jeopardy

December 5, 2014December 3, 2014 S.Vagus

Congress has to act on reauthorizing funding for CHIP Congress may need to act quickly if it wants to save the national Children’s Health Insurance Program (CHIP). The program’s funding scheme is set to expire soon and this could leave children throughout the United States without access to health insurance coverage. The program’s current funding will run dry next year, but relatively little has been done to address this issue. The burden of keeping CHIP alive is not for Congress alone, of course. States must begin working with insurers and…

Health care reform may have an impact on CHIP

October 8, 2014October 6, 2014 S.Vagus

Affordable Care Act could have major consequences for the Children’s Health Insurance Program The Affordable Care Act may have a significant impact on the Children’s Health Insurance Program (CHIP) in the coming years. The program was first enacted in 1997 and serves as a way to provide minors with the insurance coverage they need. Before the implementation of CHIP, the uninsured rate for minors throughout the U.S. was 14%. Today, the uninsured rate among minors is 7%. Many of the minors that receive coverage through this program could see their…

Report highlights disparity in children’s health insurance

August 7, 2014August 4, 2014 S.Vagus

Report shows that insurance for children is lacking in state-based exchanges and the private market The Wakely Consulting Group has released a report showing the disparity in coverage for children between state insurance exchanges and Children’s Health Insurance Programs. These programs are jointly funded by the federal and state governments and exist to provide insurance coverage to children. In many cases, coverage for children is somewhat lacking in the private market, and this may also be the case for insurance exchanges. These exchanges typically offer policies that are very similar…