If you have health insurance, either through an employer or one of the many individual health plans, it’s possible that you still don’t have enough coverage! Roxanne Patel Sheplavy exposes the new health trend in the February 2009 issue of Fitness magazine: more Americans than ever are underinsured. The Commonwealth Fund defines being “underinsured” as spending [...]
Archive for February, 2009
Arizona Health Insurance Loses LifeWise
According to Angela Gonzales in the Phoenix Business Journal, LifeWise Health Plan has decided to exit the Arizona health insurance market. The insurer stated that the plan did not have enough enrollees to turn a profit. LifeWise launched its Arizona plans in 2004. Fortunately, policyholders won’t have to worry about having developed conditions that would [...]
COBRA Calculator
A recent press release by eHealthinsurance.com introduces the launch of a COBRA Subsidy Calculator that can be found on their sister website CobraLearning.com. The tool was developed to help educate unemployed Americans about how the new stimulus package will effect their COBRA coverage costs as well as what other affordable health insurance options are available. [...]
Massachusetts Health Insurance Law Challenged By Recession
The Massachusetts health insurance mandate, passed in 2006 in an attempt at health care reform, is facing some unexpected challenges during this recession. Steve LeBlanc of the Associated Press says that increasing unemployment rates will make more people unable to fulfill the insurance requirement. Failing to buy health insurance will result in up to $1,000 [...]
Florida Health Insurance Forces Patients to Switch Medications
The Sun-Sentinel’s Bob LaMendola wrote about a shocking trend among Florida health insurance companies: they’re now trying to save money by forcing consumers to take completely different drugs that are less expensive than the medications actually prescribed. While it’s customary for insurers to only cover generic versions of prescription drugs (that are chemically equivalent to [...]
Oklahoma Health Insurance Tax Break
Even though individual health insurance rates are rising across America, it’s not all bad news for one state! A KFSM News report says that a tax credit may be in the future for purchasers of Oklahoma health insurance. If the state legislature passes the proposal, individuals will be able to deduct the full cost of [...]
Individual Health Insurance Rates Rising
More people are shopping for individual health insurance these days. Golden Rule, says their sales are up 24% over the the past two months. In addition, ehealthinsurance.com reports that submitted applications were up 18% in the 4Q, over 4Q in 2007. Along with the increases in individual health insurance shoppers, health insurance rates have increased [...]
COBRA Alternatives
As you know, COBRA coverage allows individuals and families the right to continue their group health insurance coverage for up to 18 months if they lose their coverage due to being laid off for example. However, COBRA only protects people who work in companies with over 20 employees and if the organization is still in [...]
Patients Without Health Insurance: What Ohio Doctors Are Doing to Help
Tough times are resulting in many people being laid off from their jobs, and losing their health insurance as a result. They may be unable to afford COBRA, but still need health care. In the Columbus Dispatch, an article highlights several actions Ohio doctors are taking to help their patients without insurance. Despite their generosity, [...]
