Benefits of the insurance companies in the health reform overhaul

With the health reform overhaul stressing on providing coverage for a larger population and standardizing the minimum coverage benefits, insurance companies may expect to benefit in the long run by establishing competent policies and also attract more customers. The health insurance exchange would provide a common ground for these organizations to provide coverage for millions of new customers who join the insurance segment as the premiums become more affordable. The premiums cannot be more for women or people with poor health but can vary with the number of members in the family as well as the geographical locations. The average […]

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Health insurance coverage; COBRA – a rescue for the jobless; Free clinics – a savior for the uninsured

With the current economic crisis resulting in unemployment all around the globe, the number of uninsured individuals in the country has been on a steady rise. Regular visits to the doctor has been cut down and many people are not aware of how else to secure their health insurance coverage. People who have just left their jobs and are looking out for a new one can stay in the insurance plan of their employer by enrolling in the initiative called COBRA during the transition period. If the premiums are too high, they can avail basic health insurance coverage by purchasing […]

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Expansion of health insurance program for children

The US government has signed a legislation to expand the SCHIP (State Children’s Health Insurance Program). SCHIP makes it eligible for children from low-income strata families to consult a doctor or seek medical help when they are sick. This initiative has included providing coverage to about 11 million children as compared to around 7 million before. SCHIP is expected to make a huge difference to the younger generation and ensure that their health situation is taken care at an early stage so that their fitness would increase in the long run when they become older. This would also ensure that […]

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Private health insurance coverage at a shocking low level

Reports reveal that the percentage of American citizens who have purchased a private health insurance coverage plan has reached the lowest level in the last 50 years in spite of enough warnings spread through various sources about the importance of coverage through a reliable health insurance plan. Statistics state that about 80% of the senior citizens availed coverage during the 1970s ‘ 80s through a private medical insurance plan. It dropped down to about 67% around 2007 and further went down to about 65% during 2008. With the recession at its peak, the uncertainty of job scenario and affordability, skyrocketing […]

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Ask Medicare Website

It is good news now for caregivers who want to save time and provide effective long-term care for the needy patients. The Department of Health and Human Services has come up with a website named “Ask Medicare”. This serves as a very useful tool for caregivers to navigate through the complex web of Medicare system which is sometimes confusing. Reports state that one of the caregivers found this site very useful when she had to help her mother with Alzheimer’s disease. She received medical supplies with the assistance of the Medicare personnel who recommended this new site to her. The […]

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Young Adults’ Victims of unaffordable insurance

With their job markets at a low and a hazy picture of the future in their front, the insecure young adults are facing a real tough time to find an affordable health insurance plan. As the US is in the midst of undergoing a huge transformation in the health care system, these young individuals struggle to capture a long term career. This actually puts buying a health insurance plan at the backseat. However, just like their older generation, they feel the health care in the United States definitely need a transformation for the benefit of the customers. Some of the […]

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The concept of Health Insurance Exchanges

As the health care overhaul is on its high in the US, one of the new concepts being considered is the introduction of health care exchanges which is supposed to work on the lines of providing a on-stop-solution for all insurance and insurance-related issues. If the health care exchanges are rightly executed, it is expected to hugely transform the way the whole insurance industry sector operates. It may also give a huge boost to the purchasing power of the customers. This would be a blessing to small businesses, which is trying to cope up with the rising health care costs […]

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Kids Insurance is put on hold at California; New Hampshire expands insurance coverage

The decision of cut back on health insurance for small children has been put forth at California. In contrast, New Hampshire has extended the state insurance coverage to include young adults. Since California has decided to free enrolment for the Healthy Families program offered by the state, thousands of kids in California would not be covered by a health insurance plan. Statistics state that currently about 1 million kids hailing from low-income families are covered under Healthy Families plan. But in 2010, more than three and a half lacks kid would end up without health insurance plan coverage. With this […]

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Health care costs to rise further next year

With the threat of unemployment lingering across the world, thanks to the global economic downturn, health care costs are expected to increase by about 9% next year which is going to further hit workers who still face ambiguity in their job security during the current market downturn. Those workers who are insecure or unclear about losing their permanent jobs are using the health care benefits more while they are still under employment which is raising the medical costs incurred by the organizations and also the insurance companies. The health care reforms that is currently under discussion is expected to only […]

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Affordable Health Insurance Plans for College Graduates

Reports have been released that around 1 million college alumni have dropped out of insurance coverage from their parent???s health insurance. Since they are generally short of money for heavy investments, they tend to opt for affordable health insurance plans that would provide suitable coverage in case of medical emergencies. Health insurance obtained through employers is generally affordable by fresh graduates. However, during the current economic crisis they find it really difficult to even get a nominal paying job. The unemployment rates of these fresh graduates are high in the current scenario of global economic crisis. Though they are recruited […]

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