It’s time for consumers who buy their own health insurance to start shopping for policies for next year. Open enrollment for Affordable Care Act coverage started Nov. 1 across most of the country.
But the shopping and buying experience will vary widely, depending on where people live.
In California, for example, where political leaders have always been supportive of the Affordable Care Act, legislators have allocated $100 million for outreach… Read More at NPR.org
To insurance companies, it means a barely profitable albatross. The law mandates that they cover patients with pre-existing conditions who wait until they are sick to sign up, and provide blanket coverage for 10 essential benefits.
Small insurers can’t make ObamaCare profitable and most don’t even try, whereas large insurers try but usually give up. Consequently, according to the Heritage Foundation, choice and competition in the state exchanges continue to shrink… Read More at Fox News
Obamacare sign-ups on the federal health insurance marketplace fell by 20.4 percent in the first two weeks of this enrollment season compared to last year, according to new federal data.
The tally is being closely watched because fiscal 2019 will be the first year since 2013 in which Americans will not be penalized for failing to have some form of health insurance coverage… Read More at CNBC.com