The law requires all Americans to carry health insurance, but despite subsidies, it isn;t a given that some workers can afford their portion of premium costs. One of those people is Leaburn Alexander
insurance industry
Hurricane-Free For 9th Consecutive Season, Florida’s Property Insurers Now Better Braced for Catastrophe
A single Andrew-like Hurricane could wipe out in a day what Florida has taken almost a decade to recoup, but those nine years of calm have also placed the state in a stronger position to face an eventual and inevitable catastrophic storm.
Florida Insurers Owe $41.7 Million in Rebates to Individuals and Companies, Topping Nation
The latest round of paybacks brings Florida’s three-year total from the Affordable Care Act’s rebate program to almost $220 million. This year’s rebate will average $65 per family in Florida, according to the report from the U.S. Department of Health and Human Services.
Obamacare Tally: Florida Subsidies Average $3,000, But Some Families Complain of Costly Exclusion
And yet only one in four Floridians who qualifies for a subsidy had enrolled in a plan by March 1, leaving 1 million eligible residents uninsured. A mother describes how the law’s employee-insurance provision barred her family from subsidies.
Florida Lawmakers Would Stiffen Penalties On Insurers Discriminating Against Gun Owners
Insurance companies could face tougher penalties if they impose higher rates, refuse to issue or cancel auto or homeowner policies due to gun ownership, under a measure backed by a House committee Tuesday.
In Major Shift, U.S. Chamber of Commerce Now Urges Fix, Not Repeal, of Obamacare
In 2010, the Chamber got behind a major business lawsuit to fight it at the U.S. Supreme Court. Now, in a striking about-face, the chamber says the Affordable Care Act is here to stay and should be worked on, not repealed.
With 3 Weeks To Go, Consumers Fear Ending Up Without Health Coverage On New Year’s
The next three weeks are critical for consumers keen on getting health coverage as soon as the health law allows it on Jan. 1. People who desire coverage by then need to sign up in the new marketplaces no later than Dec. 23. Consumers can still enroll up to the end of March, but their coverage will begin later.
Popular and Consumer-Driven Provisions Fuel Sticker Shock of Obamacare Premiums
When setting premiums for next year, insurers baked in bigger-than-usual adjustments, driven in large part by a game-changing rule: They can no longer reject people with medical problems. It’s the double-edged sword of Obamacare–a crucial provision that comes with sticker shock for some.
Your Policy Is Cancelled: Insurers End Coverage That Falls Short of Affordable Care Act
The main reason insurers are cancelling policies offer is that they fall short of what the Affordable Care Act requires starting Jan. 1. By all accounts, the new policies will offer consumers better coverage, in some cases, for comparable cost — especially after the inclusion of federal subsidies for those who qualify.
Family Insurance Premiums Rise 4% for 2nd Year, Still More Than Double Inflation Rate
With average family plan premium topping $16,000 for the first time, with workers paying on average $4,565, workers will feel an increased pinch: More than a third have annual deductibles of at least $1,000 before insurance kicks in, while wages continue to grow far more slowly than health insurance costs.