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The Blame Game
Who is it to blame for the declining private health insurance rate?
Can we blame health insurance exchange of the ACA? Will the private health insurance be extinct in the future? And, why are many employers are planning to drop employer-based health coverage for their employees and some even provide incentive for their employees to get policies through health insurance exchange?
Well, has anyone noticed the stock prices of those health insurance companies that helped to write the Obamacare are doing quite well since the Obamacare was signed into law ”
http://www.infowars.com/insurance-giants-that-wrote-and-lobbied-for-health-law-cash-in/ “.
The US health care insurance business is definitely here to stay and continue to strive, and the only down side is the quality of health care to the American people.
Ken Yeung MBA
Certified Medical Planner™candidate
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Reasons for Americans Not Enrolling in a Health Insurance Plan or Medicaid in October When Visiting The Health Insurance Marketplace
* Not certain you can afford plan 48%
* Still trying to decide which plan you want 46%
* Thought the deductibles/copayments were too high 42%
* Website was experiencing technical difficulties 37%
* Not been able to find out financial assistance or Medicaid 29%
* Not eligible for financial assistance or Medicaid 28%
* Couldn’t find a plan with the doctors you wanted 21%
* Some other reason 17%
Source: The Commonwealth Fund
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Why Health Insurance Cancellations Shouldn’t Be a Surprise
A former federal health official says consumers in the individual health-care market deserved more of a heads-up about what was coming under Obamacare.
http://www.propublica.org/article/why-health-insurance-cancellations-shouldnt-be-a-surprise?utm_source=et&utm_medium=email&utm_campaign=dailynewsletter
Hope R. Hetico RN MHA CMP™
http://www.CertifiedMedicalPlanner.org
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Health Care Delays Squeeze Patients in State High-Risk Pools
Many state and federal insurance pools covering patients with pre-existing conditions are set to close December 31st.
http://www.propublica.org/article/health-care-delays-squeeze-patients-in-state-high-risk-pools?utm_source=et&utm_medium=email&utm_campaign=dailynewsletter
But, it’s an open question whether patients will be able to find policies on Healthcare.gov in time.
Hope R. Hetico RN MHA CMP™
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Employer-Sponsored Health Insurance Coverage Trends
According to the Economic Policy Institute, after falling every year since 2000, the share of non-elderly Americans with employer-sponsored health insurance coverage (ESI) essentially held steady between 2011 and 2012, increasing slightly to 58.4 percent. The labor market’s slow improvement over the past two years ended the long-standing downward trend in employer-sponsored health coverage, with ESI increasing slightly by 0.1 percentage points in 2012. However, this comes on the heels of eleven years of erosion. 13.7 million fewer non-elderly Americans had insurance through their employers than in 2000, and as many as 29 million more people under age 65 would have had ESI in 2012 if the coverage rate had remained at its 2000 level.
Massachusetts had the highest rate of ESI coverage among the under-65 population, at 70.8 percent in 2011/2012. It is followed by New Hampshire (70.0 percent), Connecticut (69.7 percent), Minnesota (69.0 percent), North Dakota (67.6 percent), Maryland (67.3 percent), and Utah (66.3 percent). In contrast, less than half of New Mexico’s non-elderly population had ESI, at 47.2 percent.
Source: Economic Policy Institute
http://www.epi.org/press/public-insurance-health-reform-provisions/
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Americans With Employer-Based Health Insurance Are Paying More
About half (47%) of Americans with employer-based health insurance say more money is being taken out of their paychecks each month for health insurance than a year ago
Source: Bankrate, Inc
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Private Healthcare
Why health insurance companies are doomed?
http://www.msn.com/en-us/money/companies/why-health-insurance-companies-are-doomed/ar-BBaap4I
Clayton
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