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Showing posts with label american insurance. Show all posts
Showing posts with label american insurance. Show all posts

Monday, 15 September 2014

People lose insurance at the end of Sept

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Obama administration said on Monday at the end of this month round about Tens of thousands of people are likely to lose their health insurance because they missed a deadline to confirm they are legally residing in the U.S.
The Centers for Medicare and Medicaid Services said 5 deadline to send additional document to those whose citizenship or immigration status wasn't verified by HealthCare.gov hadn't contacted the federal government by a Sept.
At the end of this month the government is now set to inform insurers to end the coverage those people bought through HealthCare.gov . A provision in the Affordable Care Act bars people living in the U.S. without authorization from shopping for coverage through the site.
  According to Federal officials notice also said send notices to about 279,000 people whose income can't be verified, giving them until Sept. 30 to submit further documentation. Those people won't lose their coverage if they don't respond, but the tax credits that offset the cost of their premiums could be suspended.
The people who obtained plan through Health care .gov It struggled to verify citizenship or immigration status.gov by the time the main enrollment period closed in mid-April. That is because the information in their applications didn't match the data the federal government had on file.
That number had been whittled down to 310,000 by August, when the federal government sent out letters to the remaining enrollees telling them they had three weeks to take action or see their coverage terminated.
Federal officials appreciated the help they had received from immigrant advocacy groups in ensuring that many people did respond in time. Andy Slavitt said the groups had done "extraordinary work," , a top official at the Centers for Medicare and Medicaid.  Services who announced the numbers Monday.
People whose coverage is terminated can apply to re-enroll for coverage at any point, Mr. Slavitt said.
Of people set to lose coverage, 35,100 are in Florida. A further 19,800 are in Texas, and the rest are dispersed through 34 other states where the federal government is running some or all of the exchange.
The government now will inform insurance companies to cancel their coverage effective Sept. 30. The cancellations affect only those who enrolled onHealthCare.gov, the federal marketplace created by the Affordable Care Act that was used by consumers in 36 states, including Illinois, to compare and purchase health insurance.

Tuesday, 9 September 2014

For Everyone Health Insurance May Not Be Affordable

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 A new study suggest in United states the Affordable Care Act is the law of the land, but it doesn't make health insurance affordable for everyone.

Researcher showed Older adults who earn just a little bit too much to qualify for federal premium subsidies are particularly vulnerable.
This group of adults faces "the biggest gap in affordability by far," said Ilana Graetz, assistant professor in the department of preventive medicine at the University of Tennessee Health Science Center in Memphis and the study's lead author.
Young adults face another quirk of the health-reform law, also known as Obamacare. Even after subsidies, young people often pay higher premiums than older adults, the study found.

Graetz said "The fact that they actually have to pay more with the subsidies is a little bit concerning and surprising,".
The study, published in the Sept. 9 online edition of Annals of Internal Medicine, after subside examines premium variations by age, income and region and the affordability of premiums .

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