us health insurance industry Archives

Affordable Care Act challenge dismissed by Supreme Court

June 21, 2021June 18, 2021 Marc

The justices turned down the Republican state-led challenge to the health care law. At the end of last week, the Supreme Court dismissed the challenge to the Affordable Care Act. This left the law intact, keeping millions of Americans’ health care coverage in place. The justices rejected the former Trump administration and Republican-led states’ effort to block the law. The challenge to the Affordable Care Act led by Republican states and the former Trump administration sought to have the justices block the law in its entirety. According to the Supreme…

Census report shows growth in health insurance amongst Americans

September 15, 2012September 15, 2012 S.Vagus

Census report aims to shed light on insurance controversies The U.S. Census Bureau recently released a report providing rankings to states based on the number of people that have access to health insurance coverage. The report showed that, in many states, a large portion of consumers were still lacking health insurance coverage. The Census report has since been used as a way to generate more controversy over the country’s new health care reform law. The Census Bureau has issued a new report, which was released earlier this month, documenting the…

New insurance fee to pay for medical treatment studies

December 29, 2011December 29, 2011 Julie Campbell

Beginning in 2012, there will be a new federal fee applied to health insurance policies which will be applied to research studies that will help to determine which types of treatments, tests, procedures, and drugs are the most effective. The purpose of these medical studies is to identify whether new tests and treatments truly are as effective as their less expensive generic counterparts. This is a portion of the Obama administration’s health care law that has not received as much hype as other elements such as the state insurance exchanges.…

Entire country’s health insurance premiums are skyrocketing

November 18, 2011May 7, 2013

Nationwide statistics about health insurance premiums between 2003 and 2010 have shown that every state’s costs have been soaring. The state-by-state analysis was performed by a nonprofit health policy foundation called the Commonwealth Fund. What the research discovered was that within that span of seven years, the family coverage premiums soared by an average of 50 percent. The report about the findings predicted that if premiums continue to rise at the same rate, then the average premium paid by a family will explode to almost $24,000 per year by 2020.…

Health insurers eye climate change as a major concern for the future

November 9, 2011May 7, 2013

Climate change is often a controversial issue, especially when the federal government is concerned. The insurance industry, however, is beginning to take the matter more seriously, as a new report shows that purely environmental factors may be causing the high costs seen in the health care system. The report comes from the Natural Resources Defense Council, an international environmental advocacy group based in New York. The report suggests that natural disasters that have struck the U.S. in the past decade may be having a significant impact on the health of…

Study shows employer-sponsored health insurance is becoming more costly, maybe due to federal insurance mandate

September 28, 2011September 28, 2011 Marc

A new study from the Kaiser Family Foundation, a non-profit health care organization, has uncovered a startling trend concerning the cost of employer-sponsored health insurance. The study shows that the cost of health insurance for employers has been rising at a rapid pace this year, which runs contrary to reports citing moderate increases to insurance rates. Exactly why rates are currently soaring to new heights is unknown, but researchers from the foundation speculate that it may be due to the federal insurance mandate which requires all people to have health…

Health insurance industry begins showing support for presidential candidates

September 28, 2011May 8, 2013

The health insurance industry is beginning to show tentative support for political candidates in the upcoming election season, according to research from the Center for Responsive Politics, a non-profit political research group. The two candidates receiving this support are Republican Mitt Romney and President Barack Obama – the only candidates to have shown support for a health insurance mandate. Such mandates stand to benefit the health insurance industry and throwing support behind the candidate with the most popular health care policy may prove to be lucrative in the future. Health…