The ACA Marketplace is set to see notable premium increases in 2025, with insurers proposing a median hike of 7%. This is driven by several factors that insurance professionals should closely monitor.
Tag: ACA
Most Major Health Insurers to Continue Preventive Care Services
Insurer trade groups say preventive services will be preserved while litigation over no-cost coverage requirement is ongoing.
Judge Strikes Down ACA’s Provision for Free Preventive Care
A federal judge in Texas struck down a crucial Affordable Care Act policy: the mandate that private health insurers fully cover preventive care services at no cost to patients.
Nearly 16 Million Americans Sign up for 2023 Obamacare Plans
Nearly 16 million Americans have so far signed up for health insurance through the Affordable Care Act’s marketplace.
Texas Lawsuit Challenges ACA’s Preventive Health Services Requirement
A key component of the Affordable Care Act is in jeopardy, as a federal lawsuit in Texas challenges the law’s requirement that most insurers cover a variety of preventive health services.
More ACA Federal Financial Help Likely to Boost Enrollment
ACA enrollment is expected to see a boost as consumers will receive more federal subsidies.
Biden Administration Expanding Availability of Health Insurance to Families
On Tuesday, the Biden administration announced that it is adjusting federal regulations to allow over a million Americans to purchase cheaper health insurance under the Affordable Care Act without the need for new legislation from Congress. A significant portion of the change is based on correcting the so-called “family-glitch,” which prevents some families from receiving… Continue reading Biden Administration Expanding Availability of Health Insurance to Families
Biden Administration Hopes Bigger Subsidies Will Lure More Consumers to Affordable Care Act Plans
The launch of the Affordable Care Act’s open enrollment Monday will test whether more generous financial assistance to consumers helps President Biden reach his goal of boosting coverage by building on the health law. Many consumers will see lower prices because Congress passed a $1.9 trillion coronavirus-aid bill in March that provided larger premium subsidies… Continue reading Biden Administration Hopes Bigger Subsidies Will Lure More Consumers to Affordable Care Act Plans
Cigna Expands Obamacare Footprint in Latest Lift for Health Law
Cigna Corp. is expanding its offerings of Affordable Care Act health plans next year to three new states, in the latest sign that insurers are embracing a market that some had fled when Obamacare’s political fortunes looked shakier. Health insurers that were once lukewarm on selling ACA coverage now see it as a growing, profitable… Continue reading Cigna Expands Obamacare Footprint in Latest Lift for Health Law
Supreme Court Dismisses Challenge to Affordable Care Act
The Supreme Court on Thursday rejected a challenge to the Affordable Care Act, the third time it has preserved the 2010 healthcare law. Texas and other Republican-leaning states, backed by the Trump administration, sought to strike down the law on technical arguments after Congress reduced to zero the tax penalty for failing to carry health… Continue reading Supreme Court Dismisses Challenge to Affordable Care Act