Category: Insurance

Posted in Insurance

Health Insurance Guys: New California family needs a better health care plan | The Health Insurance Guys

Al: You just missed our final COVID-19 open enrollment extension. Usually our open enrollment ends around February or March. This year, each month has had an additional extension right up to Aug. 31. The “official” open enrollment for 2021 starts Nov. 1 this year and goes until Jan. 31 next year.

By the way, beginning Sept. 1, there is another open enrollment for people in the counties impacted by the wildfires — a “special event” qualifying event.

Anyway, our reader is eligible to begin coverage for his family as early as Oct. 1 so long as he starts the application before Sept. 15. If started after Sept. 15, the earliest date would be Nov. 1.

Tom: Going back to the Kaiser Platinum Plan, it includes no deductible, $15 office visits with a primary care physician and a maximum out-of-pocket expense of $4,500 for an individual. Meanwhile, the two Gold Kaiser

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Did You Know There’s No Longer a Penalty For Not Having Health Insurance if You Can Afford it? – Opinion


In 2020, it’s hard to sing the praises of the American healthcare system too much. It’s constantly the subject of political discourse and with the election looming it’s hard to know what’s true and what isn’t.

The situation in the United States is an interesting one because it’s one of the very few developed countries in the world which is not committed to a Universal Health Care program for its citizens.

And what’s unusual about it is that there is a large portion of the American population that does not appear to think that this is a massive issue. Of course, it’s important to view both sides of the argument, but in any other country, this would be cause for uproar.

If the healthcare system in Japan was altered to the point where insurance was so expensive that only the wealthiest people in the country were capable of affording it,

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The rise of individuals around the globe investing in health insurance | The Global Dispatch

Investing in health insurance is an innovation that more and more individuals around the globe are finally beginning to take grasp of. Health insurance is one of those additional costs that for many individuals feels like a money pit that offers no overwhelming value, however healthcare is all about being there when you need it to be. For some individuals, the investment in healthcare offers more value immediately than it does for others, however ultimately what is going to happen for any one person and any given time is there will be a point where they do need health care insurance on their side. For this reason (and so many others), healthcare insurance is worthwhile and valuable in and of itself.

And today, there is a significant rise in the number of individuals around the globe who are realising the full potential and investment of health care insurance. This is

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Does Health Insurance Cover My Cosmetic Surgery?

HUNTINGTON BEACH, Calif., Aug. 19, 2020 /PRNewswire/ — Many Americans are unaware that their insurance provider can fully cover the cost of a wide variety of cosmetic enhancements and surgical procedures if it improves a person’s health or are part of a reconstructive process. When someone is diagnosed with breast cancer, for example, breast surgery to reconstruct the breast tissue is required by law after a patient has a mastectomy.

In many cases, a cosmetic procedure can improve the health of a patient who has been in an accident or suffers with a physical issue that makes their day to day life more difficult. Surgeries for chronic pain, such as breast reductions for patients who experience moderate to severe pain due to their breast development, may be covered in full by insurance. Birth defects like cleft palates, warts that impede vision, and similar issues may also be covered. A

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Deadline For NYers To Get Health Insurance Extended 30 Days

NEW YORK — The period in which New Yorkers can enroll in health insurance has been extended another 30 days, Gov. Andrew Cuomo announced on Tuesday. In a news release, Cuomo said the new deadline for the special enrollment period is now Sept. 15.

During the enrollment period, New Yorkers can apply through NY State of Health, the New York State health insurance marketplace or directly through insurers, according to the release.

“While we’ve crushed the curve of the virus, we are still in challenging times for hard-working families throughout the state who need access to quality, affordable health care,” Cuomo said in a statement, in part.

According to the release, the extension is the result of the state’s efforts to ensure residents are not dissuaded from getting a test for the new coronavirus or medical care if they become sick.

“By offering this special enrollment period, we’re making sure

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Insurance roadblocks hamper access to vital mental health care

COVID-19 is wreaking havoc on Americans’ mental health.

One in three Americans now suffers from severe anxiety, and one in four battles depression, according to recent Census Bureau data. Texts to federal emergency mental health lines are up 1,000% for the year. And a May survey from the University of Chicago found that four out of 10 respondents felt a sense of hopelessness at least once a day.

Sadly, insurance companies are exacerbating the mental health impact of the pandemic by making it needlessly difficult for patients to access antidepressants, antipsychotics and other desperately needed medications. Their actions don’t just jeopardize Americans’ health. They also inflate health care spending in the long run.

I’ve long advocated for equal access to treatment for those with mental health and substance use disorders. And I’ve personally struggled with my own challenges. So, I know the importance of prescription drug regimens firsthand.

Depression, schizophrenia,

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New York extends health insurance deadline to Sept. 15

ALBANY — The deadline to enroll in the state’s health insurance marketplace has been extended another 30 days to Sept. 15, Gov. Andrew M. Cuomo announced Tuesday.

New Yorkers who enroll in qualified health plans directly through insurers or through the marketplace known as NY State of Health by that date will have their coverage start either Sept. 1 or Oct. 1. Those who are eligible for other state-subsidized health coverage such as Medicaid, Child Health Plus or the state’s Essential Plan can still enroll year-round.

The enrollment deadline has been extended several times this year in hopes that people would not hesitate to pursue testing or medical care for the coronavirus due to lack of health coverage, Cuomo said.

“While we’ve crushed the curve of the virus, we are still in challenging times for hard-working families throughout the state who need access to quality, affordable health care,” Cuomo said.

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Religare Health Insurance hopes to clock 30% or higher premium growth in FY21



a sign on the side of a ramp: Covid-19: Religare Health Insurance hopes to clock 30% or higher premium growth in FY21


© Provided by The Financial Express
Covid-19: Religare Health Insurance hopes to clock 30% or higher premium growth in FY21



a sign on the side of a ramp: According to Shrotriya, in India retail health insurance penetration is only 3% and out-of-pocket healthcare spending stands at around 65%.


© Provided by The Financial Express
According to Shrotriya, in India retail health insurance penetration is only 3% and out-of-pocket healthcare spending stands at around 65%.

Religare Health Insurance, recently renamed as Care Health Insurance, expects similar or better growth in its gross written premium (GWP) in the current financial year compared to the last amid rising awareness of health protection following the Covid-19 outbreak.

In the last financial year, the company’s GWP had grown around 30% year on year (YoY) to Rs 2389 crore.

“Interest in health insurance has gone up for majority of the population. We see a lot of people coming to our website or calling up the call centres with a lot of queries. Some people are asking about their existing cover, some are asking about

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U.S. Chamber of Commerce launches campaign to defend employer-sponsored health insurance

Pie chart with dollar image A report from Matrix Global warns that a public option would drive an increase in employer-sponsored health insurance premiums from between 2% and 10%. (Image: Shutterstock)

Momentum for the single-payer and Medicare for All movement may have slowed, but it has not disappeared completely, and less-radical reforms such as a public option still continue to draw attention, particularly at the state level. But despite the increasing burden of health care costs on their bottom line, employers aren’t ready to give up their role in administering employee health insurance.

Business association the U.S. Chamber of Commerce announced a new campaign to raise support for keeping the current employer-sponsored health plans. Protecting Americans’ Coverage Together (PACT) is “aimed at strengthening support for the private health coverage that millions of Americans rely on for their health, while raising awareness around the serious threats posed by a Medicare buy-in or public option,” according to

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CMS Approves NH 1332 Waiver, States Adopt Own Health Insurance Taxes

On August 5, 2020, the Centers for Medicare and Medicaid Services (CMS) and the Treasury Department approved New Hampshire’s waiver application to operate a state-based reinsurance program. New Hampshire is the fifteenth state to receive approval for a waiver under Section 1332 of the Affordable Care Act (ACA). This post also summarizes recent legislation enacted in Colorado and New Jersey to adopt state-level health insurance assessments. These assessments generally replace the ACA’s federal health insurance tax, which was repealed by Congress beginning in 2021. Each state will use the revenue generated by the new assessment to bolster affordability and expand access to coverage.

Approval Of New Hampshire’s 1332 Waiver

New Hampshire’s five-year reinsurance program will begin with the 2021 plan year. The state’s $46 million program is expected to reduce premiums by about 16 percent (relative to premium levels in the absence of the waiver) and increase enrollment in the

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