Tag: healthcare reforms

A Wake-Up Call for Healthcare? Inside Blue Cross Blue Shield MA Historic $400M Loss

Live Insurance News
Blue Cross Blue Shield MA Historic 400M Loss

Blue Cross Blue Shield of Massachusetts Reports Record $400.4M Loss in 2024 Healthcare Spending Surge Creates Financial Pressures Blue Cross Blue Shield of Massachusetts (BCBSMA) ended 2024 with a staggering $400.4 million operating loss, marking the most severe financial setback in the nonprofit insurer’s history. The company attributed this decline to an unprecedented surge in healthcare spending, which has risen at its fastest pace in more than a decade. For context, the company’s largest prior loss, recorded in 2009, was $223.6 million—less than half of 2024’s figure. BCBSMA’s net loss…

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Health care reform data shows fewer uninsured Americans

Julie Campbell
Health care Reform Update

According to new statistics that have been released, January has decreased the number of people without health insurance. New data is starting to be released that is beginning to reflect the impact of the impact of the health care reform, as it has shown that the percentage of Americans who say that they do not have health insurance coverage has experienced a slight decrease, this month. This change in insurance status was reported by Gallup, which has been steadily tracking the figures. This insurance news is certainly welcome by those…

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Health care reform draw enrollees over 45 years old

G. Turner
Health Care Reform

Newly released records have shown that most of the signups for insurance coverage are over that age. Among all of the 2.2 million people who have purchased insurance on the federal and state exchanges as per the requirements of the health care reform during the last three months, over half are in the age group of 45 years or older. Should this health insurance enrollment trend continue, it could throw the figures off the predictions. The health care reform forecasts were based on a much larger participation from individuals in…

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Delaware health insurance exchange enrollees are primarily older adults

G. Turner
health insurance exchange

The problem is that the long term success of the marketplace will require healthy younger adults to sign up. According to recent information released by officials in the state, the Delaware health insurance marketplace enrollments are made up primarily of older adults who are signing up for their coverage through private insurers. These marketplaces are the center of the Affordable Care Act within each of the states. They are the most public facing element of Obama’s healthcare reforms. The Delaware health insurance exchange is the place in which individuals are…

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Arkansas Insurance Commissioner advocates expansion of Medicaid program

Nordstrom
Arkansas Insurance Commissioner Jay Bradford - Health insurance

Arkansas health insurance could be affected by expansion of Medicaid Arkansas Insurance Commissioner Jay Bradford has begun touring the state in order to promote the expansion of the state’s Medicaid program. The state’s Legislature is set to vote on a bill on February 1 that will provide the necessary funding for health care initiatives. According to Commissioner Bradford, expanding the state’s Medicaid program should be a top priority for legislators that are concerned about health care and the availability of health insurance in Arkansas. Bradford works to make information more…

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Celebrity insurance message about healthcare shared by Barbra Streisand

Julie Campbell
Barbra Streisand (1969 Hello Dolly!) Celebrity Insurance

The legendary performer hopes to help to provide Americans with more information about the Affordable Care Act. Although the President Barack Obama and the Democratic Party are not hurting for famous names to add to the celebrity insurance promotions that back their cause, Barbra Streisand is drawing a great deal of attention to the healthcare reforms and the associated requirements and benefits for the American public. Streisand is one of the Affordable Care Act’s most firm believers and most vocal crusaders. Now, the singer and actress is adding her name…

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Senator issues lawsuit concerning health insurance requirements

S.Vagus
health insurance lawsuit

Lawsuit targets Affordable Care Act U.S. Senator Ron Johnson has filed a lawsuit against the Obama Administration concerning the way the Affordable Care Act is being applied to Congress. The lawsuit is part of a larger political initiative that aims to shed light on the problems surrounding the health care law. Senator Johnson is challenging the provision that stipulates that government officials must purchase health insurance coverage through exchanges rather than from the private market. Exchanges remain a problematic subject Health insurance exchanges have become relatively popular but somewhat notorious…

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