Live Insurance News

Almost 3 in 4 employees would change their health insurance plan to save money

March 21, 2022March 21, 2022 Marc

Health insurance plan - employees - business

A new Centivo survey of workers with employer-sponsored coverage revealed this trend. The results of a recent Centivo survey of employees with an employer-sponsored health insurance plan showed that those workers would be willing to take less coverage to save money. The research aimed to find out how willing workers are to alter their coverage if it improved affordability. What the survey found was that 73 percent of the survey respondents would be willing to modify the core features of their health insurance plan if it meant that they would…

One in 6 employees stay at their jobs for the health plan

September 15, 2021September 14, 2021 G. Turner

A West Health and Gallup study showed that people are sticking with employers that cover them. West Health and Gallup recently released the results of a study in which they found that 16 percent of workers are staying at their jobs in order to keep their health plan. The fear of losing their insurance benefits is locking people into positions they’d like to leave. “Approximately 158 million people, or more than half of the U.S. adult population, receive health insurance via their own employer or the employer of a household…

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…

Employer health insurance hasn’t decreased from Obamacare

July 19, 2016July 15, 2016 Logan B.

A new survey showed the ACA has not reduced the number of employers offering these benefits. There had been strong fears that employer health insurance would plummet at the implementation of the Affordable Care Act. That said, a recent survey has shown that Obamacare doesn’t appear to have produced this result. The percentage of companies still offering benefits including health insurance to workers has stayed steady. The proportion of companies offering employer health insurance benefits to both workers and their families has stayed the same. The figure has remained essentially…

Private health insurance out of pocket costs spike sharply

June 29, 2016June 30, 2016 Logan B.

Covered California exchange health insurance coverage

Even with coverage, patients visiting hospitals have found that the expenses they pay themselves are up 37 percent. The results of a recent study are adding even more evidence that private health insurance coverage isn’t stopping rising expenses. The research pointed specifically to high-deductible plans that are a top choice among employers. These keep premiums low but can lead to higher out of pocket expenses. Though this keeps the initial health plan costs down, it can add up at times when claims are made. Researchers from the University of Michigan…

Insurance news from Scranton shows no more rape abortion coverage

February 23, 2015February 21, 2015 Julie Campbell

The college in Pennsylvania intends to stop its policies from paying for these procedures under those specific circumstances. The University of Scranton, a Jesuit school, has revealed insurance news affecting its employees, which showed that its insurance plans will no longer be providing coverage for abortion procedures following cases of incest, rape, or pregnancies that threaten the life of the woman. The college has said that this move aligns with Catholic doctrine and it is therefore removing the coverage from its employee plans. At the same time, the faculty union…

Employer insurance trends are not impacted by the health care reform as expected

December 30, 2014December 27, 2014 Julie Campbell

While many had believed that companies would drop their coverage, research is showing that this is not the case. Researchers from the Urban Institute have recently released the results of a new study that has been published online in the Health Affairs journal, showing that while many had expected insurance trends from employers to include the dropping of coverage for their workers as a result of the health care reform, this has not been the case. The Affordable Care Act has not been leading swathes of companies to drop their…