The number of new customers registering for their health insurance is considerably higher this year. The Covered California exchange has experienced a notable increase in the number of new customers enrolling this year. When compared to the first two weeks of open enrollment last year, the same period this year experienced an increase of 23 percent. From November 1 through November 14, there were an estimated 48,000 new customers enrolled. Comparatively, the number of people who signed up on the Covered California exchange in 2016 during the first two weeks…
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ACA health insurance enrollments growth already outpacing last year
There are already 600,000 people who have signed up for their plans through the official marketplaces. According to a recent reports on the latest ACA health insurance enrollments, registrations are up and look very promising. In fact, more than half a million people have already enrolled, 23 percent of whom are new to the insurance exchanges. Despite President Trump’s claims that the Affordable Care Act marketplace was collapsing, it’s growing. “More than 600,000 people signed up last week for health insurance under the Affordable Care Act, significantly beating the pace…
Read MoreHealth insurance exchanges start fifth annual open enrollment period under ACA
The Affordable Care Act is moving forward with its marketplaces despite repeated efforts by Republicans. The last year has represented a consistent Republican effort to stop the health insurance exchanges from moving forward in the form they initially took through the Affordable Care Act. That said, despite the GOP’s attempts, the marketplaces have opened their doors for their fifth annual open enrollment season. The 45 day long window to purchase health insurance opened on Wednesday morning with the start of November. Now, eligible Americans across the country will be using…
Read MoreCancer insurance coverage rose significantly because of the Affordable Care Act
The controversial health care law nicknamed Obamacare has made a measureable difference in reducing uninsured adults. The number of adults who have cancer insurance coverage saw a striking increase with the implementation of the Affordable Care Act. Following Obamacare, a much higher number of Americans who had already received a cancer diagnosis now have health plans. It is yet unknown whether or not the latest health care reforms will continue this positive trend. This cancer insurance conclusion was presented in a study published in the JAMA Oncology journal. The study…
Read MoreHealth insurance disclosure is required on tax returns to avoid I.R.S. rejection
The Internal Revenue Service announced its intentions to step up the enforcement of the ACA tax penalty. Even as President Trump works to dismantle the Affordable Care Act, the I.R.S. has taken steps to enforce health insurance disclosure on tax filings. The Internal Revenue Service revealed new regulations that will automatically reject digital filings in which insured status is not revealed. This latest announcement reveals an intention to strengthen components of former President Obama’s health care law. The Affordable Care Act already requires health insurance disclosure when taxes are filed.…
Read MoreTrump ends health care subsidies and places Congress under high pressure
The President’s decision to cut off payments vital to making insurance plans affordable is creating turmoil. Before the start of the weekend, President Trump decided to singlehandedly eliminate the health care subsidies central to the Affordable Care Act. The move takes away money critical to making sure lower income Americans can afford the coverage they need. Trump’s decision was made to try to put pressure on Congress to repeal the ACA, despite many prior failures. The health care subsidies were added to President Obama’s reforms to protect consumers against the…
Read MoreTrump says health insurance executive order will offer “great, great” coverage
The President has promised Americans that their options will improve once he reduces policy restrictions. President Donald Trump says that once his health insurance executive order is signed, Americans will see more plan options. The order is designed to reduce restrictions for policy buying across state lines. The executive order will be signed likely this week, said Trump when speaking from the Oval Office. The specific details of the health insurance executive order have not yet been released. Trump said it was “very simple in one way, but intricate in…
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