Tag: Health

Posted in Business

Opinion: We Must Rescue Health Insurance for Small Businesses and Their Workers

Joel C. Cantor and Margaret Koller

New Jersey has successfully “flattened the curve” in the growth of coronavirus cases, but the prospect of a second wave can’t be ignored, and cautious consumers may not return to dining out or shopping locally anytime soon.

Small employers are at the cross-currents of pandemic-driven forces. Many small businesses rely on face-to-face interactions, and few have deep pockets to weather shutdowns and stalled demand. The revenue freefall that businesses have experienced over the last five months makes sustaining payments for health insurance coverage challenging if not impossible. Yet, at a time when we are all vulnerable to a dangerous virus with no vaccine and limited treatment options, the idea of going without health coverage can be terrifying.

To address growing challenges in small group health insurance, the Rutgers Center for State Health Policy convened a virtual expert panel on July 16. Drawing on perspectives

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Posted in Insurance

“COVID-19 Impact on Global Health Insurance Market

Global Health Insurance Market

Global Health Insurance Market report provides statistics on the current state of the industry as a valuable source of guidance and direction for companies and investors interested in this market. The report also plays key role in keeping hold of reputation of the firm and its products. The Global Health Insurance Market document contains all the information including market definition, classifications, applications, and engagements while also detailing about what the major players are doing in respect of product launches, joint ventures, developments, mergers and acquisitions and how it is affecting the market in terms of sales, revenue and CAGR values for the market. Some are the key and developing players that are a piece of inclusion and have being profiled are – Unitedhealth Group, Anthem Insurance Companies, Inc , Aetna Inc., Centene Corporation, Cigna, Allianz Care, Axa, Assicurazioni Generali S.P.A., Bupa, AIA Group Limited, Aviva, BMI

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Posted in Insurance

Graduate assistants, USF at odds over health premiums

After a heated bargaining session with University of South Florida officials last week, the union representing the school’s graduate assistants appealed to a higher authority Monday, calling on the Board of Trustees to meet its demands.

The request came at a virtual news conference that followed two recent protests, including one outside the home of USF president Steve Currall.

Graduate Assistants United, which represents more than 2,000 graduate students, has been in negotiations with the university’s bargaining team since January over their contract, which stipulates their stipends and benefits. Their existing contract expired at the end of June.

Related: USF graduate students roll out a new kind of protest outside president’s house

While in earlier sessions they sought higher wages, paid parental leave and dental insurance, the union is now asking that the university cover the full costs of health insurance premiums, which are set to rise, and eliminate student

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Posted in Personal

Prince William Says Soccer Can Help ‘Break the Stigma Around’ Mental Health Effects of COVID-19 Pandemic

Prince William is using soccer to help those affected by the coronavirus pandemic.

In a video promoting the landmark Mentally Healthy Football Declaration signed by leaders of the entire U.K. soccer family, the Duke of Cambridge openly references the positive role he believes the sport can play.

“This has been a football season unlike any other,” William says in the video. “The coronavirus pandemic has affected everyone, and it is clear it will have a big impact on many people’s mental health. Football’s role in breaking the stigma around mental health has never been more important.”

The Mentally Healthy declaration has been signed by the English Premier League, English Football League, and the soccer associations of England, Scotland, Wales, and Northern Ireland.

It’s also drawn the support of famous names in the soccer world including England manager Gareth Southgate, England captain Harry Kane and Scotland captain Andy Roberston.

A direct

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Posted in Insurance

What Is a Health Insurance Premium?

When it comes to paying for health insurance, it’s important to understand your health insurance premiums, including how much you’re paying each month and their impact on your overall health care expenses.

Savvy health care consumers should consider ways to reduce the cost of premiums but also understand that they are just one component of medical costs, which can include deductibles, copayments and other fees.

Looking to understand these payments and how to lower their cost? Here’s what to know about health insurance premiums.

[Read: What Is Open Enrollment for Health Insurance?]

What Is a Health Insurance Premium?

Simply put, a health insurance premium is the regular fee paid to the insurance company or health plan to maintain coverage.

Make sure you understand how and when your premium is paid to ensure you’re keeping your insurance coverage active. If you access insurance through your employer, premiums may be automatically

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Posted in Insurance

Covid Leaves Its Mark on Three Health Giants

(Bloomberg Opinion) — Health-care earnings season is firmly here, with reports now in from three pillars of the sector: pharmacy giant Walgreen Boots Alliance Inc., health insurer UnitedHealth Group Inc. and drug-and-device conglomerate Johnson & Johnson. Against the backdrop of a global pandemic, each had a singular quarter. And while experiences varied given the different niches each of the companies occupy, taken together they present a comprehensive picture of the outbreak’s impact on the industry and the risks it still poses.

Walgreens, the first to report on July 9, was the hardest hit in many respects because its pharmacy counters are surrounded by retail offerings that were affected by economy-slowing efforts to contain the virus. The results also point to big trans-Atlantic differences in dealing with the Covid-19 pandemic. A stringent U.K. lockdown led to enormous sales declines at the company’s stores there. Varied and often shorter U.S. shutdowns kept

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Posted in Insurance

As millions lose health insurance, Trump administration offers little help

President Trump and Seema Verma, the head of the Centers for Medicare and Medicaid Services, at a White House meeting in 2017, have taken few steps to alert consumers to their options for health coverage. <span class="copyright">(Evan Vucci / Associated Press)</span>
President Trump and Seema Verma, the head of the Centers for Medicare and Medicaid Services, at a White House meeting in 2017, have taken few steps to alert consumers to their options for health coverage. (Evan Vucci / Associated Press)

As millions of people lose jobs in the coronavirus outbreak, jeopardizing their health benefits, the Trump administration and many states are doing little if anything to connect Americans with other insurance coverage.

The U.S. Health and Human Services Department hasn’t launched any special effort to publicize the availability of Medicaid, the Children’s Health Insurance Program or health plans being sold on marketplaces created by the Affordable Care Act.

And federal officials haven’t made any substantial new commitment of money for outreach or to help people enroll in coverage.

In California and 11 other states that operate their own insurance marketplaces, state governments have created special enrollment periods to give people

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Posted in Insurance

4 things students should know about their health insurance and COVID-19 before heading to college this fall

<span class="caption">College students should weigh their health insurance options if they take in-person classes this fall.</span> <span class="attribution"><a class="link rapid-noclick-resp" href="https://www.gettyimages.com/detail/photo/young-woman-consulting-with-her-doctor-royalty-free-image/1245097085?adppopup=true" rel="nofollow noopener" target="_blank" data-ylk="slk:Geber86/GettyImages">Geber86/GettyImages</a></span>
College students should weigh their health insurance options if they take in-person classes this fall. Geber86/GettyImages

As colleges and universities decide whether or not to reopen their campuses this fall, much of the discussion has focused on the ethics behind the decision and the associated health risks of in-person instruction.

As a researcher who studies health insurance policy, I see two important gaps in this discussion: 1) Who should pay the cost of treating the inevitable COVID-19 cases that will occur; and 2) What do college students need to know about their coverage?

Here are four things I think every college student – and those who care about them – should know about health insurance coverage when it comes to COVID-19.

1. Weigh coverage options

If you’re covered under a student health insurance plan through your school, it may be worth considering whether that is still your best option. The

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Posted in Insurance

How a ‘perfect storm’ of issues during the pandemic has led to a mental health crisis in Latinx communities

Design: Nathalie Cruz for Yahoo Life
Design: Nathalie Cruz for Yahoo Life

July is BIPOC (Black, Indigenous and People of Color) Mental Health Month, also referred to as Minority Mental Health Awareness Month. In an effort to bring awareness to struggles that people of color face regarding mental health in the U.S., Yahoo Life is republishing this story. It was originally published on April 30, 2020 at 2:06 p.m. ET.

Experts say that many Latinx communities across the United States are in the midst of a mental health crisis during the coronavirus pandemic because of economic and public health disparities as well as cultural stigma around mental health issues.

Margarita Alegria, a professor at the Harvard Medical School and chief of the Disparities Research Unit at Massachusetts General Hospital, says the combination of stress over employment, lack of insurance and lack of information has created a perfect storm for Latinx communities. 

“These disparities have been amplified

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Posted in Personal

We’re Facing a Mental Health Crisis in Healthcare Workers, the Majority of Whom Are Women

More than 130,000 Americans have died from COVID-19, a novel strain of coronavirus, and cases continue to surge in communities across the country. But for front-line medical workers, particularly those working in emergency rooms and treating COVID-19 patients, the fight has only just begun.

While the Centers for Disease Control and Prevention (CDC) estimates that at least 515 healthcare workers have died so far after contracting COVID-19 – with 34 percent of cases still unreported – a larger, potentially even more deadly crisis is looming. For doctors, nurses, hospital cleaners, and other staff members on the front lines – nearly 80 percent of whom are women, according to the US Bureau of Labor and Statistics – it’s their mental health that has been devastated, and this country is beyond ill-equipped to help them repair it.

“Trauma does not have a timeline, so we will be seeing the ramifications from this

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