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 [...]
Archive for the ‘unemployed’ Category
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, [...]
COBRA Alternatives For Your Individual Health Insurance
While COBRA is helpful as individual health insurance to those who have been laid off, it is temporary and far more expensive than employer-sponsored health insurance, says Enhanced Online News. Even though the economic stimulus package proposes to pay up to half the cost of COBRA premiums for one year, one of several alternatives may [...]
ICHIP: Last Resort For Illinois Health Insurance
Judith Graham from the Chicago Tribune recently wrote about the Illinois Comprehensive Health Insurance Plan, and its coverage for those individuals unable to buy Illinois health insurance elsewhere. There is a cap on the number of people that can enroll (currently almost 6,000) in order to ensure that its costs are fully covered by state [...]
COBRA Health Coverage Too Expensive.
COBRA health insurance coverage is becoming more and more out of reach for Americans who lose their jobs, according to a report by Families USA. According to the report, Americans who become unemployed and receive unemployment benefits received on avg. $1,278 per month in federal benefits, COBRA health insurance coverage would devour more than80% of [...]
New York Gov. Proposes Expanded Health Insurance for Dependents
Keith L. Martin of the Insurance and Financial Advisor just reported on a new proposal by Governor David Paterson regarding New York health insurance. He wants to expand health care coverage by mandating that health insurance companies cover policy dependents up to age 29, at the policyholder’s own expense. Currently, parents’ health insurance plans in [...]
5 Tips For Baby Boomers Losing Health Insurance
The baby boomer generation (ages 45 to 64) is worried about losing their health insurance, and the current economy is even more cause for concern. Many baby boomers have been either laid off or forced to retire early, and with that comes the loss of their employer sponsored health insurance plan. Meanwhile, they’re not yet [...]
