Health Insurance

Julie Appleby, KFF Health News

“Americans will get $1.1 B in rebates from health insurance companies this year cuz of a provision I wrote in the ACA.”

Former Sen. Al Franken (D-Minn.), in a tweet on May 17, 2023

Former Democratic Sen. Al Franken tweeted recently that Americans will receive “$1.1 B in rebates from health insurance companies this year” because of a provision he wrote into the Affordable Care Act.

The tweets prompted many comments, including some people who said they had never seen such a check from their insurers. That got us wondering: Is Franken’s tweet correct

Health Insurance

Tata AIG introduces ‘Health Supercharge’ offering enhanced coverage for overall well-being; all you need to know

06/09/2024

TATA AIG General Insurance Company introduced “Health Supercharge” with the aim of offering a fivefold enhancement in health insurance coverage, addressing the dynamic nature of health-related uncertainties. This new plan caters to the varied healthcare requirements of families living in Tier I to Tier IV locations.

Offering a comprehensive approach to ensuring a family’s well-being, TATA AIG Health Supercharge provides a sum insured ranging from ₹5 lakhs to ₹20 lakhs. Customers can select from two plan variants, namely the Value Plan and Geo Plan, based on their geographical location, along with additional optional benefits tailored to individual preferences.

Health Insurance

Health Coverage by Race and Ethnicity, 2010-2022

05/09/2024

Summary

Health coverage plays a major role in enabling people to access health care and protecting families from high medical costs. There have been longstanding racial and ethnic disparities in health coverage that contribute to disparities in health. This brief examines trends in health coverage by race and ethnicity from 2010 through 2022 and discusses the implications for health disparities. All noted differences between groups and years described in the text are statistically significant at the p<0.05 level. It is based on KFF analysis of American Community Survey (ACS) data for the nonelderly population.

There were gains in coverage across

Health Insurance

Majority in US Still Say Gov’t Should Ensure Healthcare

04/09/2024

Story Highlights

57% say government should ensure health coverage for all in US

53% favor health system based on private insurance; 43%, a government-run one

72% of Democrats, 13% of Republicans support government-run system

WASHINGTON, DC — A 57% majority of US adults believe that the federal government should ensure all Americans have healthcare coverage. Yet nearly as many, 53%, prefer that the US healthcare system be based on private insurance rather than run by the government. These findings are in line with recent attitudes about the government’s involvement in the healthcare system, which have been

Health Insurance

HHS Releases Proposal to Expand Health Care for DACA Recipients

03/09/2024

DACA recipients would have access to health care through the Affordable Care Act Marketplaces, Medicaid, and the Children’s Health Insurance Program

WASHINGTON, DC – The Department of Health and Human Services (HHS), through the Centers for Medicare & Medicaid Services (CMS), today released a notice of proposed rulemaking (NPRM) that, if finalized, would expand access to health care by reducing barriers for Deferred Action for Childhood Arrivals (DACA) recipients. Earlier this month, HHS announced its intention to release this rule by the end of April, and today’s announcement marks the fulfillment of that promise. The proposed change applies to the

Health Insurance

Millions will lose health insurance starting Saturday. But they might not know it.

02/09/2024

Millions of people will begin to lose their health insurance on Saturday, as five states begin the unwinding of a pandemic-era protection that kept people from being removed from the Medicaid rosters.

During the public health emergency, states were required to keep people on Medicaid without the often yearly reapplication process normally in place. But now that the public health emergency is winding down, so are the Medicaid rolls.

“We’re now in a position within just a few days where states can begin to disenroll people — to redo their rosters for Medicaid — and this continuous coverage requirement is

Health Insurance

Biden-Harris Administration Celebrates the Affordable Care Act’s 13th Anniversary and Highlights Record-Breaking Coverage

01/09/2024

During 2023 open enrollment a record high 16.4 million people signed up, with 4.4 million more people enrolled for health insurance under the Biden-Harris Administration since 2021

New HHS report shows more than 40 million people are currently enrolled in Marketplace or Medicaid expansion coverage related to provisions of the Affordable Care Act — the highest total on record

Today, the Biden-Harris Administration celebrated the 13th anniversary of the Affordable Care Act (ACA) by highlighting record-breaking enrollment numbers during the 2023 Marketplace Open Enrollment Period and lower health care costs due to President Biden’s American Rescue Plan (ARP) and Inflation

Health Insurance

‘Retail health insurance market can give 20% RoE yearly’

31/08/2024

India’s retail health insurance sector has the potential to provide a 20% yearly return on equity (RoE), according to a report by Avendus Capital, even as the sector has seen a surge in demand fueled by a rise in policy purchases by families and individuals post covid.

The retail health insurance segment covers only health insurance policies that are bought by individuals or families.

The report, “Retail Health Insurance: A Large Whitespace,” has also forecast a market size of $25 billion for this space by FY27, a 5.3x jump from the $4 billion recorded in FY22.

“In India, the health