MOUNTAIN VIEW, CA--(Marketwired - Jul 5, 2017) - AgileHealthInsurance.com today released the results of a nationwide poll that revealed an overwhelming majority of Americans desire additional health plan choices alongside Obamacare. The poll asked adults across the nation, "Do you believe that Obamacare should be the only private health plan option available for consumers to purchase?" Respondents were given the option to select either "Yes, Obamacare should be the only option" or "No, consumers should have more options." *82 percent of respondents rejected Obamacare as the only private health plan choice in favor of more health plan alternatives.* In contrast, less than one-in-five respondents (18 percent) supported Obamacare as the lone consumer option for private health insurance.
Reported by Marketwired 9 hours ago.
Poll: Americans Overwhelmingly Want More Health Plan Choices than Obamacare Alone
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The GOP healthcare plan just got more brutal poll results
The Republican healthcare plan, both on the House and Senate side, is not getting much support from the American public.Polls have shown the House bill to be among the most unpopular of any major piece of legislation in the last two decades. Those numbers have not improved in the past few weeks with the introduction of the Senate's version of the legislation.
A new poll from Morning Consult and Politico found that many Americans don't think the GOP healthcare push will result in better outcomes for the healthcare system — or for themselves.
Overall, 44% said that the US healthcare system would be worse off under the GOP legislation, while 28% said it would improve.
Forty-five percent of people believed the Republican healthcare plan would increase their personal costs, while only 21% thought it would decrease costs. Republicans have touted the ability of the plan to bring costs down, but it doesn't appear to be resonating with voters.
The Congressional Budget Office said in its analysis of both the House and Senate bills that premiums for people in the individual insurance market would be lower than the current baseline by 2020. But the office also said out-of-pocket costs would increase. Additionally, studies from nonpartisan groups have estimated costs would increase in a variety of ways.
In terms of coverage, 52% of people in the survey said they expect fewer people to have health insurance if the GOP plan becomes law, while 18% said they thought the legislation would increase the number of people covered. The CBO projected 22 million fewer people will be insured in 2026 under the Senate bill compared to the current baseline.
Currently, the legislation is stalled in the Senate as the moderate and conservative wings of the party's Republican conference have been unable to come to a compromise on the bill.
*SEE ALSO: Here's how much health insurance premiums could increase under the Senate healthcare bill*
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NOW WATCH: Watch Jared Kushner speak publicly for the first time since joining Trump's administration Reported by Business Insider 7 hours ago.
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Costs of Care Republishing Stories from Americans that Demonstrate What Losing Health Insurance Looks Like
As the Senate returns from the 4th of July holiday recess, Costs of Care (http://www.CostsOfCare.org) is republishing real, firsthand stories from nurses, doctors, and patients that demonstrate the importance of affordable health insurance.
Boston, MA (PRWEB) July 05, 2017
Since 2010, Costs of Care has gathered hundreds of anecdotes from patients, nurses, and doctors across the nation—many of which demonstrate the heart-wrenching choices faced by Americans without health insurance coverage. The Congressional Budget Office has estimated that if the Senate healthcare bill passes, 22 million Americans will lose access to healthcare and that pregnant women, the elderly and the disabled may suffer disproportionately.
“Americans should not have to choose between treating an illness and their financial security,” said Neel Shah, MD, Executive Director of Costs of Care and a professor at Harvard Medical School. “Every major study of health insurance expansion has shown that coverage saves lives. These stories illustrate the struggles we faced at the frontlines of care before Obamacare—and the suffering we would return to unless we find a thoughtful and bipartisan way forward.”
During the original publication, bipartisan thought leaders worked with Costs of Care to review these stories, ranging from Republican and former Senate Majority Leader Bill Frist to Democrat and former Medicare director Andy Slavitt.
Stories will be shared on the @CostsOfCare Twitter account from now until the Senate holds a vote on the Better Care Reconciliation Act (BCRA). On the day of the vote, Costs of Care will tweet a different person’s story every hour. Reported by PRWeb 6 hours ago.
Boston, MA (PRWEB) July 05, 2017
Since 2010, Costs of Care has gathered hundreds of anecdotes from patients, nurses, and doctors across the nation—many of which demonstrate the heart-wrenching choices faced by Americans without health insurance coverage. The Congressional Budget Office has estimated that if the Senate healthcare bill passes, 22 million Americans will lose access to healthcare and that pregnant women, the elderly and the disabled may suffer disproportionately.
“Americans should not have to choose between treating an illness and their financial security,” said Neel Shah, MD, Executive Director of Costs of Care and a professor at Harvard Medical School. “Every major study of health insurance expansion has shown that coverage saves lives. These stories illustrate the struggles we faced at the frontlines of care before Obamacare—and the suffering we would return to unless we find a thoughtful and bipartisan way forward.”
During the original publication, bipartisan thought leaders worked with Costs of Care to review these stories, ranging from Republican and former Senate Majority Leader Bill Frist to Democrat and former Medicare director Andy Slavitt.
Stories will be shared on the @CostsOfCare Twitter account from now until the Senate holds a vote on the Better Care Reconciliation Act (BCRA). On the day of the vote, Costs of Care will tweet a different person’s story every hour. Reported by PRWeb 6 hours ago.
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You could be paying too much for your college kid’s health insurance
If you have a kid in college, you may be double-paying for their health care coverage. Most four-year universities offer a student health insurance plan, and many automatically enroll students in the plan.
Reported by Denver Post 23 hours ago.
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United States: Cash-Out Options - Things To Consider Before Jumping In - Poyner Spruill LLP
With the rise in health insurance costs and changing work demographics, employers nationwide are considering innovative benefit designs that are intended to not only contain costs but also provide
Reported by Mondaq 9 hours ago.
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United States: What's CHIP Got To Do With It? - Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
Children in United States receive their health insurance from multiple sources: the Children's Health Insurance Program (CHIP), Medicaid, employer-sponsored insurance, or a qualified health plan on the Marketplace.
Reported by Mondaq 9 hours ago.
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South Africa: National Health Insurance - Your Questions Answered
[Bhekisisa] Will you get to choose your doctor or your cover? Find out.
Reported by allAfrica.com 16 hours ago.
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A.M. Best Assigns Credit Ratings to Mutuelle Générale de l’Education Nationale
LONDON--(BUSINESS WIRE)--A.M. Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” to Mutuelle Générale de l’Education Nationale (MGEN) (France). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect MGEN’s solid business profile in France, modest operating performance and excellent risk-adjusted capitalisation. A partially offsetting rating factor is MGEN’s significant concentration in health insurance busine
Reported by Business Wire 9 hours ago.
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Jaeger & Flynn co-founder finds time for new deli investment
Jaeger is the executive vice president and chief marketing officer for one of the Albany area's largest health insurance agencies.
Reported by bizjournals 5 hours ago.
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Oregon passes legislation that forces insurers to pay for abortions and stick to Obamacare guarantees
The Oregon State Senate on Wednesday voted to ratify Oregon House Bill 3391 into law a bill that would require health insurance companies to pay for abortion services at no cost to the insured woman, said Daily Kos blogger Zawn Villines on Thursday. The provision — which must be signed by Demo...
Reported by Raw Story 3 hours ago.
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A.M. Best Special Report: Although Managed Medicaid Enrollment, Premiums Continue to Increase, Margins Dip
OLDWICK, N.J.--(BUSINESS WIRE)--Managed Medicaid premium and enrollment growth in the U.S. health insurance industry remained favorable, although at a lower rate compared with the previous two years, which recorded substantial increases, according to a new A.M. Best special report. The Best’s Special Report, “Managed Medicaid Enrollment & Premiums Continue to Increase, Margins Dip,” states that managed Medicaid net premium income rose by 13.7% in 2016 to $212.1 billion following year-over-y
Reported by Business Wire 3 hours ago.
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GOP leader acknowledges health care drive may fall short
GLASGOW, Ky. (AP) — Senate Majority Leader Mitch McConnell says if the Republican effort to repeal much of the Obama health care law fails, a more limited bill will be needed to buttress health insurance marketplaces around the country. It’s an acknowledgment by the Kentucky Republican that his party’s top-priority drive to erase much of […]
Reported by Seattle Times 4 hours ago.
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Ted Cruz proposes to rescue healthy consumers — at the expense of the sick
Sen. Ted Cruz has a litmus test for his Republican Senate colleagues: Do they care more about cutting health insurance premiums than protecting people with preexisting conditions?
Granted, Cruz (R-Texas) wouldn’t put it that way. But the amendment he’s seeking to add to the Senate GOP’s bill to... Reported by L.A. Times 3 hours ago.
Granted, Cruz (R-Texas) wouldn’t put it that way. But the amendment he’s seeking to add to the Senate GOP’s bill to... Reported by L.A. Times 3 hours ago.
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A.M. Best Affirms Credit Ratings of Sammons Financial Group, Inc. and Its Subsidiaries
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” of Midland National Life Insurance Company (Midland National) and North American Company for Life and Health Insurance (North American) (both domiciled in West Des Moines, IA). In addition, A.M. Best has affirmed the Long-Term ICR of “a-” and the Long-Term Issue Credit Rating (Long-Term IR) of “a-” on the $200 million 7.0% senior
Reported by Business Wire 3 hours ago.
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Congress must shore up insurance markets if Obamacare repeal fails -McConnell
U. S. Senate Republican leader Mitch McConnell said on Thursday that Congress must pass a measure to shore up private health insurance markets if it fails to repeal former President Barack Obama's healthcare law, the Associated Press reported.
Reported by DNA 2 hours ago.
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Congress must shore up insurance markets if Obamacare repeal fails: McConnell
WASHINGTON (Reuters) - U.S. Senate Republican leader Mitch McConnell said on Thursday that Congress must pass a measure to shore up private health insurance markets if it fails to repeal former President Barack Obama's healthcare law, the Associated Press reported.
Reported by Reuters 2 hours ago.
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Congress must shore up insurance markets if Obamacare repeal fails: Mitch McConnell
U.S. Senate Republican leader Mitch McConnell said on Thursday that Congress must pass a measure to shore up private health insurance markets if it fails to repeal former President Barack Obama’s healthcare law, the Associated Press reported. Speaking to a luncheon in his home state of Kentuc...
Reported by Raw Story 2 hours ago.
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BREAKING: Executive Secretary of Nigeria’s NHIS suspended
Usman Yusuf took over the state-run health insurance provider on July 29, 2016.
The post BREAKING: Executive Secretary of Nigeria’s NHIS suspended appeared first on Premium Times Nigeria. Reported by Premium Times Nigeria 2 hours ago.
The post BREAKING: Executive Secretary of Nigeria’s NHIS suspended appeared first on Premium Times Nigeria. Reported by Premium Times Nigeria 2 hours ago.
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McConnell: If GOP bill dies, bipartisan action will be needed
“If my side is unable to agree on an adequate replacement, then some kind of action with regard to the private health insurance market must occur,” McConnell said.
Reported by USATODAY.com 2 hours ago.
Reported by USATODAY.com 2 hours ago.
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Hopes of ‘Trump Bump’ for economy shrink as growth forecasts fade
While the June jobs report, coming Friday, is expected to show that hiring continued at a healthy pace last month, other recent indicators in areas like consumer spending, construction and auto sales have been decidedly less robust. While hardly terrible, it is not the burst of growth — a “Trump bump” — that many expected to result from an upturn in consumer and business sentiment after President Trump’s election. [...] the Federal Reserve Bank of Atlanta’s widely followed GDP Now forecast expects the second-quarter growth figure to come in at 3 percent, more than a full percentage point below where it was in May. “We never seem to have the rebound that people anticipate,” said Stephanie Pomboy, an independent economist in New York who has been skeptical about initially rosy forecasts favored by many of her colleagues in recent quarters. Far from living up to expectations of a lift after Trump’s election, the growth rate in the first quarter turned out to be an anemic 1.4 percent. The indicators that Trump highlighted in recent messages on Twitter are indeed pointing in the right direction — strong job creation, a record high for the Dow Jones industrial average and low gasoline prices. Experts say that without a meaningful change in government policies — greater infrastructure investment, an overhaul of the corporate tax code, a new commitment to improve the skills of American workers — there is no reason to expect the domestic outlook to change. With higher borrowing costs practically inevitable in the future, Anderson said, “the real tragedy is that the price tag for any future infrastructure spending will be a lot higher.” Pomboy pointed out that changing consumer habits in the wake of the financial crisis and the recession — notably an increased wariness about spending and taking on debt — also explain what is looking more and more like a long-term downshift. The household savings rate, which bottomed out at 2.2 percent amid the housing bubble in 2005, now stands at 5.5 percent. In addition to being more cautious about spending in general and about borrowing against their homes in particular, Pomboy said, consumers are holding back on discretionary purchases because of the rising health insurance premiums and medical costs as well as onerous student debt payments. Nariman Behravesh, chief economist at IHS Markit, goes so far as to say, “we’re chugging along here,” citing healthy income growth and hiring, as well as a strong housing market. Macroeconomic Advisers, a St. Louis research firm whose crystal ball is highly regarded among forecasters, began the second quarter by calling for 3.6 percent growth but now estimates the rate will be more like 2.5 percent.
Reported by SFGate 2 hours ago.
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