In May 2018, the Congressional Budget Office (CBO) released its report on federal subsidies for health insurance coverage for people under the age of 65. The report included predictions related to subsidies provided by the government that help offset the cost of health insurance coverage. Projected Health Insurance Coverage According to the numbers compiled by… Continue Reading ›
Open enrollment to buy health insurance for 2018 ended nationwide on December 15, 2017, but people living in some states may still be able to get major medical coverage. In states that created their own exchanges under Obamacare, residents have a little more time to buy health insurance for next year – but time is… Continue Reading ›
On Friday, December 22, President Trump signed into law the most significant tax reform bill passed in about three decades. The Tax Cuts and Jobs Act made sweeping changes to U.S. tax codes, arguably, according to some, for the exclusive benefit of corporations and the wealthy. Whether this tax reform bill will be a boom… Continue Reading ›
On Wednesday, December 13, the Centers for Medicare and Medicaid Services (CMS) released a report outlining effectuated enrollment for the first half of 2017, which is the number of people who not only signed up for a health plan during the 2017 enrollment period but who kept the plan by paying their premiums. According to… Continue Reading ›
Nearly 1.1 million people signed up for health insurance during week six of open enrollment using the federal exchange site at HealthCare.gov, according to data released by the Centers for Medicare and Medicaid Services (CMS). The annual signup window for private, nongroup health insurance lasted just 45 days this year and will end this Friday,… Continue Reading ›
In 2009, two out of every three bankruptcies in America had a medical cause. Eight years later, the numbers are more promising for medical debt – but not great. It’s not always clear why someone files for bankruptcy, but plenty of analysts and healthcare experts agree that the high cost of medical bills plays a… Continue Reading ›
Having health insurance is an important in order to protect your family and your bank account in case something catastrophic happens. If you get sick and are uninsured, there’s a chance that the amount of medical care and access to doctors and specialists that you may need will be limited or available because you’re completely… Continue Reading ›
If you’ve been shopping for health insurance during open enrollment 2018, you may be wondering about the differences you’re seeing. Why does one plan cost more than another of the same metal tier? Are other factors affecting the rates and benefits that you see? In short, the Affordable Care Act (ACA or Obamacare) standardized a… Continue Reading ›
Many Americans are confused over the current climate of the Affordable Care Act. With open enrollment underway, some people believe the law no longer exists, while others believe premiums are on the rise and they can no longer afford monthly payments for health insurance. The Trump administration has made significant changes to how Obamacare gets… Continue Reading ›
If you’re new to the healthcare landscape, you’re probably confused over all the political fighting you see over Obamacare and all the terms associated with health insurance. Shopping for healthcare coverage is confusing to many people, so know that you’re not alone. Once you’ve made the decision to start shopping for health insurance, it’s time… Continue Reading ›