The employer sponsored coverage has been plummeting due to pandemic related layoffs. Almost 27 million people across the country may no longer have their job-based health insurance, says a new report from the Kaiser Family Foundation. This report pointed to the widespread layoffs occurring as a result of the coronavirus pandemic as the cause. The report, released on Wednesday, underscored a substantial problem in medical coverage. Many of those who have lost their job-based health insurance now find themselves uninsured. That said, less than half – about 12.7 million people…
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Cigna and Oscar Insurance Partnership to Sell Small Business Health Plans
The insurers have announced they will be launching the products in several U.S. markets. Cigna and Oscar Health have announced their intentions to launch small business health plans across a number of commercial markets in the United States. The partnership intends to move forward with the move together, letting them split the potential risk. Oscar is an insurance company best known for selling individual plans on the Affordable Care Act’s exchanges. The company has been seeking to broaden its offerings in a growing number of American individual and small business…
Read MoreHealth insurance for illegal immigrants to be a US first in California
The state is setting itself up to become the first in the country to cover undocumented residents. A new budget deal now has the nod from California lawmakers, setting the scene to make the state the first in the country to offer health insurance for illegal immigrants. This bill would make it possible for adults living illegally in the U.S. to purchase health plans. The health insurance for illegal immigrants benefits were a component of a broad-reaching plan for how the state will spend $213 billion of federal and state…
Read MoreAutism insurance coverage likely to be supported in Utah bill
Senate Bill 95 aims to require certain plans in the state to provide coverage for behavioral treatments. Senator Curt Bramble (R-Provo) proposed SB95 last week with the intention of making autism insurance coverage mandatory on certain health benefit plans. The coverage would not be required for all health plans and would only pay for certain treatments. The autism insurance coverage proposed in the bill is for behavioral treatment for people on spectrum. It would involve covering these treatments regardless of which autism spectrum disorder they have, what their age is,…
Read MoreHealth insurance trends may be driving opioid epidemic
A recent Johns Hopkins Bloomberg School of Public Health Study measured this effect. Health insurance trends toward greater popularity of coverage may be pushing along the opioid epidemic. The reason, according to the Johns Hopkins Bloomberg School of Public Health study, the reason is that the majority of private insurers as well as Medicare and Medicaid aren’t doing enough to stop it. The study examined coverage policies from major health insurance companies in 2017. The researchers looked into what the policies offered in terms of coverage for treating chronic lower…
Read MoreStrong health insurance registrations surprise ACA opponents and supporters, too
Despite the president’s claims that Obamacare was repealed, the health care law saw its strongest results. Not twenty four hours after President Donald Trump said the Affordable Care Act “has been repealed,” health insurance registrations data showed the strongest year. Officials reported that 8.8 million Americans enrolled in health plans on the federal insurance exchange to cover them next year. Those numbers don’t yet include the data from insurance exchanges run by individual states. The 2018 health insurance registrations on HealthCare.gov were strong enough that they nearly achieved the 2017…
Read MoreToday is the health insurance deadline for enrolling millions of Americans
The federal government’s shorter end to the open enrollment period cuts off registrations for 2018 today. Americans across the country are being reminded that if they want to enroll before the health insurance deadline for 2018 coverage under the Affordable Care Act (ACA), they need to register today. Officials and ACA supporters are reminding people that if they want a health plan, they must enroll by tonight. State insurance departments are encouraging Americans to act with haste if they don’t want to miss the health insurance deadline for enrolling in…
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