Category: Health Insurance

  • Understanding the Reasons Behind Potential ACA Premium Increases for 2022

    Understanding the Reasons Behind Potential ACA Premium Increases for 2022

    The average change in medical insurance rates for individuals and households for 2022 is modest, as it has been for the past couple of years. The national average increase is approximately 3.5%. New insurers are joining the markets in most states. All of this sounds great, but the reality is more complex. Most market participants do not…

  • Increasing Market Premium Subsidies: The Impact of the American Rescue Plan Act

    Increasing Market Premium Subsidies: The Impact of the American Rescue Plan Act

    Edit, September 2, 2021: The subsidy enhancements described on this article had been totally carried out by April 2021 in most states, though a number of the state-run exchanges took a bit of longer to get them up and working. For anybody who was enrolled in a market plan previous to that, the extra subsidies…

  • The Scoop: Health Insurance News – February 17, 2021 Edition

    The Scoop: Health Insurance News – February 17, 2021 Edition

    In most states, COVID enrollment is now open. Open enrollment in many states ended two months ago, but a new option for a one-time enrollment is now available to purchase coverage in 2021. This enrollment window is available to all uninsured individuals in the United States. In most states, this option can also be used by…

  • Impact of the Build Back Better Legislation on Your Coverage

    Impact of the Build Back Better Legislation on Your Coverage

    Simply earlier than Thanksgiving, the Home of Representatives handed the Construct Again Higher Act (HR5376) and despatched it to the Senate. The model that the Home authorized was scaled down from the preliminary proposal, nevertheless it’s nonetheless a strong invoice that may create jobs, shield the surroundings, assist households meet their wants, and enhance entry…

  • Health Insurance News – October 28, 2021 Edition

    Health Insurance News – October 28, 2021 Edition

    Open enrollment for the individual market well-being plans starts Sunday Starting this Sunday, November 1st, people in every state can shop for individual-market health insurance coverage for 2021. About 13 million people who buy their own health insurance (rather than getting it through an employer or the federal government via programs such as Medicare and Medicaid)…

  • The Scoop: Health Insurance News – February 10, 2021 Edition

    The Scoop: Health Insurance News – February 10, 2021 Edition

    COVID’s enrollment window opens in most states on Monday COVID enrollment windows will be available in all states except Idaho by next week. In a few states, these are already open. Connecticut opened a COVID enrollment window following the publication of this week’s Scoop, leaving Idaho to be the only state without one. These enrollment windows allow…

  • The Scoop: Health Insurance News – July 29, 2021 Edition

    The Scoop: Health Insurance News – July 29, 2021 Edition

    California’s COVID-19 Special Event Program has been extended until the end of August In order to combat the COVID-19 epidemic, many of the state-run exchanges offered special enrollment periods this spring. This allowed uninsured individuals to enroll in health insurance even if they did not meet the qualifying criteria. In a handful of states, these enrollment…

  • Lost Your Job? Here’s How to Maintain Your Health Insurance or Find New Coverage

    Lost Your Job? Here’s How to Maintain Your Health Insurance or Find New Coverage

    The majority of people under 65 years old get their health insurance through an employer. If you have a stable job with good health benefits, it’s easy to enroll. The downside of having your medical insurance tied to your employment is that losing your job could also mean you lose your medical insurance. This adds stress…

  • 5 Ways the American Rescue Plan Can Reduce Your Health Insurance Costs

    5 Ways the American Rescue Plan Can Reduce Your Health Insurance Costs

    If you are one of the thousands who have no medical insurance or buy their own on the individual market, then the American Rescue Plan has just changed the rules in a way that will likely make it easier for you to get affordable complete medical coverage. Our updated subsidy calculator will estimate the amount…

  • Biden Administration Declares Special Enrollment Period in Response to COVID-19

    Biden Administration Declares Special Enrollment Period in Response to COVID-19

    President Biden has just signed two highly anticipated government orders related to healthcare. The first is to strengthen Medicaid and the Reasonably priced Care Act and instructs HHS that they should consider making a COVID related special enrollment period (SEP). Biden’s administration has also committed $50 million in outreach and education to help make people aware of…