Tag Archives: Health Insurance


By 2019 Millions More Will Not Have Health Care

6.4 million

A new Urban Institute report finds that by 2019, 6.4 million fewer Americans are expected to have health insurance as a result of the GOP’s decision to get rid of the individual health care mandate and other policy changes made by President Trump.

News & Comment

Health Insurers Caught Lying to Customers about Policy Cancellations

Talking Points Memo investigated the rash of policy cancellations by heath insurers as a result of implementation of the Affordable Care Act. TPM reporter Dylan Scott found that insurers are routinely not informing customers that cheaper but better policies are available on the insurance exchanges:

If Donna had taken the default option that LifeWise offered outside of the marketplace, she would have paid nearly $1,000 more per month for a worse plan than she was able to obtain on the marketplace.

Before Obamacare, Donna paid a $724 monthly premium for $10,000 deductible, catastrophic health coverage from LifeWise, a subsidiary of the state’s Blue Cross/Blue Shield affiliate. She asked that TPM withhold her last name because she was disclosing personal financial information.

The Sept. 16 letter from LifeWise told her that her existing plan was being canceled to comply with the new requirements of Obamacare and that she would automatically be rolled over into a new plan that was the “closest match” to her old plan. “If we don’t hear from you, we’ll automatically move you to this plan and you’ll be covered starting January 1, 2014,” the notice read.

read more »


Percentage of Insured Varies Widely Across U.S.

4% to 49%

Range of percentage of Americans lacking health insurance coverage, which continued to vary widely across U.S. metro areas in 2012, from 4% in Burlington, Vt., and the Boston-Cambridge area, to 49% in McAllen-Edinburg-Mission, Texas.

News & Comment

Health Insurers Report Record Profit – But Leave 50 Mil Uninsured, Shift Uninsureds’ $49 Bil Unpaid Hospital Bill to Taxpayers

art-leechesFour recent health-care related stories in the news, taken together, put the current state of the crisis into perspective:

  • Despite failing at its core mission of providing insurance to everyone, the insurance industry rakes in record profits:

    The five largest insurers — WellPoint, Cigna, UnitedHealth Group, Aetna and Humana — which along with some other competitors boasted a 250 percent return over the past decade, earned over $15 billion in 2010. That’s 22 percent growth over their combined $12.2 billion earnings in 2009.

  • And yet, the insurance megacorps are demanding large premium hikes:

    Yet the companies continue to press for higher premiums, even though their reserve coffers are flush with profits and shareholders have been rewarded with new dividends. Many defend proposed double-digit increases in the rates they charge, citing a need for protection against any sudden uptick in demand once people have more money to spend on their health, as well as the rising price of care.

  • These companies have rigged the system so that one-sixth of the U.S. population can’t afford insurance:
    read more »