Millions of Americans fall into the ‘coverage gap’ where they do not get Medicaid, but are too poor to qualify for federal subsidies on the new insurance exchanges.
With the Affordable Care Act in full swing; consumers are now realizing that most of the Qualified Health Plans (QHP) found on the public exchanges are costly and have high deductibles. A recent article in the Wall Street Journal noted that Deductibles have increased 42% since 2013. Consumers are faced with the decision to increase their deductibles to keep the monthly health insurance premiums manageable. SASid has developed two supplement insurance productswhich brokers can use to assist consumers which can pair with their major medical insurance plans to help manage high deductibles and out of pocket costs.
Deductible Supplement Insurance: Consumers can save money by increasing their deductibles and supplementing their major medical insurance
QHP Supplement Insurance: Helps fill the gaps in the Qualified Health Plans found on public and private exchanges
Consumers can save money and/or increase benefits by getting creative with their healthcare…
A Great Articled I found b y Andrea at http://www.healthandwellnessupdates.com/
Focusing this week on the physical health aspect of the wellness wheel, a new set of risk factors have been recently identified by the American Heart Association for heart disease in women.
Most women are familiar with the set of symptoms for heart attack that are specific for women. While men and women both report chest pain with a heart attack, men tend to feel the pain as severe and crushing. Women tend to feel less intense chest pain, and report other symptoms such as neck or shoulder pain, nausea or vomiting, difficulty breathing or dizziness.
Similarly, women have a specific set of risk factors for heart disease and heart attack that differ in importance than those for men. While men and women who are overweight, have high blood pressure and have high cholesterol are more likely to have a heart attack, women who suffer from depression, are smokers, have hormonal changes after menopause or have certain metabolic issues are at even greater risk.
Pregnancy complications have been identified as a new set of factors that increase a woman’s risk for heart disease and therefore for a heart attack. Women who develop high blood pressure or diabetes during a pregnancy, or whose baby is bigger or smaller than expected for gestational age (length of time of the pregnancy) are more likely to develop heart disease by middle age than women who have uncomplicated pregnancies.
The good news is that young women who develop these complications during a pregnancy are getting an early warning of their increased risk, and have more time to protect themselves. If you are in this category, you can make better wellness choices such as maintaining a healthy weight, quitting smoking, and managing your stress to avoid depression.
The Obama administration has known for at least three years that millions of Americans would not be able to keep their current health care plans, despite repeated promises to the contrary made by President Barack Obama, NBC News reports, citing sources “deeply involved” in Obamacare. Americans across the country have begun receiving cancellation letters from their health insurance providers informing them that their current plans do not meet requirements of Obamacare. NBC News’ “expert” sources say 50 to 75 percent of consumers who have individual health care plans can expect to receive such a letter — and they can also expect some “sticker shock” due to more expensive policies.
None of this should come as a shock to the Obama administration. The law states that policies in effect as of March 23, 2010 will be “grandfathered,” meaning consumers can keep those policies even though they don’t meet requirements of the new health care law. But the Department of Health and Human Services then wrote regulations that narrowed that provision, by saying that if any part of a policy was significantly changed since that date — the deductible, co-pay, or benefits, for example — the policy would not be grandfathered.
Buried in Obamacare regulations from July 2010 is an estimate that because of normal turnover in the individual insurance market, “40 to 67 percent” of customers will not be able to keep their policy. And because many policies will have been changed since the key date, “the percentage of individual market policies losing grandfather status in a given year exceeds the 40 to 67 percent range.”
That means the administration knew that more than 40 to 67 percent of those in the individual market would not be able to keep their plans, even if they liked them.
Yet President Obama, who had promised in 2009, “if you like your health plan, you will be able to keep your health plan,” was still saying in 2012, “If [you] already have health insurance, you will keep your health insurance.”
Robert Laszewski, a consultant with Health Policy and Strategy Associates, told NBC News that the administration repeatedly made a promise that officials knew couldn’t be honored.
“This says that when they made the promise, they knew half the people in this market outright couldn’t keep what they had and then they wrote the rules so that others couldn’t make it either,” he explained.
On Monday, White House Press Secretary Jay Carney admitted that some people would not be able to keep their health insurance plans, but argued the replacement plans will offer better coverage. He also argued that there are subsidies available to help with any increased costs.
This story was originally published by The Blaze.
This post originally appeared at The Blaze. Copyright 2013.
Posted October 28th, 2013, in Cancer Insurance, Dental Insurance, Diabetes, Eating Healthy, Health Insurance, Medicare, News, Obesity Insurance, Preexisting Conditions, Uncategorized by Frank Mossucco
October 26, 2013
U.S. President Barack Obama says the glitches of the Healthcare.gov website are “frustrating,” but people are working around the clock to to fix the problems.
The president said in his weekly address Saturday the fight for health care reform is not about a website, but was instead about establishing the “principle that in this country, the security of health care is not a privilege for a fortunate few, but a right for everyone.”
Obama said the site has been visited more than 20 million times and nearly 700,000 people have applied for coverage.
The president accused Republicans in Congress of spending the last few years obsessed with denying people access to health insurance.
In the Republican address, Chairman of the House Energy and Commerce Committee Fred Upton said his committee will hear directly from Health and Human Services Secretary Kathleen Sebelius to find out why the so-called Obamacare website does not work, despite the investment of hundreds of millions of taxpayers dollars.
The expert the White House has hired to fix the massive problems with the website says he expects it to be running smoothly by the end of November.
Thousands of people trying to buy government mandated health insurance using the website have run into numerous problems. Some users complain of extremely long wait times while others have had their passwords rejected. Other users said they were given conflicting prices for the same health plan.
Executives of the companies who built the website told Congress Wednesday the system was not fully tested and that last-minute changes to the website contributed to the problems.
Republicans opposed to the Afrodable Care Act – commonly known as Obamacare – said the computer problems illustrated their argument the health care law is not ready.
Under the Affordable Care Act, people without private health insurance can sign up for government subsidized plans through the website. Those who fail to carry any health insurance would pay a penalty.
When you are diagnosed with HIV or AIDS the news alone can be crippling. You are thinking about how it happened and what you are going to do about it. You feel tremendous stress and heartache. The last thing on your mind is your insurance plan. But it is an unfortunate fact that as a person with HIV/AIDs it can be a challenge to receive coverage.
It is tough for many people to deal with the news and then move forward. But moving forward is the most important part. You can’t be brought down by the news. Instead you must take action to find coverage and receive the proper treatment you deserve.
The major challenge faced when looking for HIV/AIDS insurance is whether or not you will actually be covered. HIV/AIDS is considered to be a pre-existing condition and, as we always discuss, many insurance companies will not provide coverage to anyone with a pre-existing condition. And, the few companies which do offer HIV/AIDS insurance only cover the bare essentials of treatment leaving a patient with an excess of out-of-pocket costs.
The good news is, there are still some insurance companies which offer full health insurance coverage no matter the pre-existing condition and First Preferred Health Insurance is one of them. With First Preferred Health Insurance you don’t have to worry about your financial security. Instead, you can focus on your health and your family – and that’s what really matters in life, after all.
There are countless mental illnesses out there and all vary in severity. But no matter who you are or what problems you are suffering from it is important to seek treatment and achieve a clear mind.
Not all insurance companies treat mental health insurance equally. Some companies will charge you top dollar to receive proper treatment for your mental illness whereas some companies won’t treat you at all. The major problem is that a fair number of insurance companies perceive a mental illness as too risky. Although it is true that as a person with a mental illness you will most likely need ongoing treatment, it doesn’t mean that you shouldn’t be able to receive treatment.
When looking for mental health insurance, it is important to look at specific factors. Whether you suffer from depression, bipolar tendencies, or are just in need of therapy you need to be aware of your coverage. Each mental illness brings with it different treatment. If you are depressed you may need anti-depressants. If you have just hit a rough patch then you may just need some therapy to talk through it. Whatever your circumstances are, understand they bring about different stipulations for insurance companies.
Another factor to think about is whether or not your mental illness is a long-term problem. Some mental illnesses are curable and only require a short-term treatment. But there are a number of mental illnesses that require lifelong treatment. If this is the case for you then seek health insurance that will be able to take care of you for the rest of your life.
Regardless of the mental illness you may be suffering from, whether it be depression, bipolar disorder, or schizophrenia, you can worry about one less thing when you have ample insurance coverage.
A recent study found that 25 million Americans have some form of substance addiction, whether illegal drugs, pharmaceutical drugs or alcohol. It was also cited that only 4 million of these people actually receive treatment. A number of factors play into the lack of treatment and one of them is insurance coverage, or lack thereof.
Finding insurance for substance addiction abuse can be a serious challenge. Plenty of people are looking to be fully rehabilitated and restart their lives. But rehab centers can be extremely expensive and not all insurance plans will cover the cost.
Before committing to a specific insurance plan, there a few expenses associated with rehab you should consider. First, you need to identify which facility you will be entering. Not all rehab facilities are created equal. Some treat only specific types of substance abuse. Others won’t let you stay in their facility for an extended period of time. Still others mandate the length of a patient’s stay. Research these factors and understand that each one will influence your substance addiction insurance coverage.
For those who have been successful in making a fresh start, heath issues wrought by years of substance addiction are most likely another factor to consider. Some of these conditions may be permanent and require medication for the rest of the patient’s life. Because of this, many insurance companies are wary of insuring those who have had a substance abuse problem in spite of the fact that they are recovered.
Substance addiction can be considered a pre-existing condition to insurers and that definitely creates an additional challenge when seeking insurance. First Preferred Health Insurance is widely regarded as one of the select few that cover a wide variety of pre-existing conditions. Whether you are seeking treatment and want to kickstart you’re your new life, or you are already on the straight-and-narrow and just want health insurance, First Preferred may be the answer you are looking for.
With more than 100 different forms of arthritis effecting more than 46 million Americans, if you don’t have arthritis yourself, chances are you know someone who is suffering from it.
Arthritis causes pain in a person’s joints due to inflammation and it comes in varying degrees of severity – the two most common forms are osteoarthritis and rheumatoid arthritis. For some, arthritis is just a minor inconvenience. But for others it can be completely debilitating. No matter how severe a case may be, anyone who is suffering must seek treatment in order to live life to the fullest, free of pain to whatever extent possible.
However, because arthritis is considered to be a pre-existing condition, obtaining health insurance that covers treatment can be a challenge. When researching your arthritis health insurance options, factor in the following: pain medications, doctor visits and the unfortunate possibility that your arthritis may worsen over time.
Some insurance companies will cover basic issues caused by arthritis but will force you to pay costly out-of-pocket expenses for anything not considered standard treatment. An alarming number of insurance companies won’t insure you at all or will have elaborate stipulations in order to be insured through their company. One of these stipulations is called an “elimination rider” which completely bans you from receiving coverage for your condition. Another stipulation you may encounter is called an “exclusion period.” This is when an insurance company makes you wait a certain length of time before you receive full coverage. Some wait times can take up to 18 months.
The good news is, First Preferred Health Insurance offers a variety of health insurance plans that cover arthritis. So, whether you are suffering from osteoarthritis, rheumatoid arthritis or any of other 100+ forms, you will be covered. Make the change to the First Preferred Health Insurance Pre-Existing Condition plan and be pain-free once again.
Last month it was announced that the government will officially close the Preexisting Condition Insurance Program (PCIP) due to the overwhelming cost and high premiums which made it difficult for people with preexisting health conditions to afford coverage.
While the program was initially allotted $5 billion, the program has already totaled $2 billion in claims and $180 million in administrative costs. While this decision comes at a time when there is heated debate regarding health insurance and the future costs to all Americans, the government ultimately came to the conclusion that the program could not continue at this pace.
The good news is, the government is already making strides toward even better, more efficient programs that could very well change the landscape of healthcare coverage for folks with preexisting conditions. One of these programs is the Patient Protection and Affordable Care Act of 2010 (PPACPA) which goes into effect Jan. 1, 2014. Among the advantages of this program will be lower premiums, which will allow more patients to participate, and a more efficient administrative process sure to make better use of allocated funds.
It is too early to tell where this will all lead. The health insurance industry is rapidly changing as the government shuts down programs and gets ready for new reform. As time goes on we will witness the change and see first-hand how those with preexisting conditions are affected.