Committee Explores Government Health Insurance Costs

This expanded team has come up with new ways of monitoring which parts of the federal Web site, HealthCare.gov , are having problems and has been taking the site offline for rigorous overnight tests, according to a Department of Health and Human Services spokesman. Video Steve Martin is self-employed, and he anxiously awaited the day he could explore his health-insurance options under the Affordable Care Act. He is one of many who have been disappointed with HealthCare.gov’s problem-filled debut, but heremains hopeful about the site’s future. More health and science news Amy Goldstein The online marketplaces balky rollout has prompted the administration to enlist a team of tech troubleshooters.

FORD What Id like to do is look at funding for a study to explore alternatives, Ford said, indicating the cost of a study would probably be outweighed by millions of dollars in savings. The committee will also consult with various nonprofit groups involved in wellness initiatives and health insurance issues to solicit ideas and possibly cut the costs of a study. Trinette Small, a business operations analyst for Shelby County Schools who was benefits coordinator for the former Memphis City Schools system, said insurance claims for chronic health conditions are driving the costs she sees even as she serves on an advisory board for Cigna health insurance. Unfortunately, when we go, the Memphis area is always one of the ones where the chronic conditions really, really inflate our insurance and our costs, Small said at the City Hall meeting Thursday, Oct. 17.

What’s Wrong With Private Insurance?

It is a solution in search of a problem. Democrats like to demonize insurance companies and argue that a public option run by the government would be more efficient, since it wouldnt have to worry about profits or marketing costs driving up medical spending. As an example, proponents point to Medicares administrative costs, estimated to be about 4%, compared with private companies 12%. Never mind that administrative costs also serve a valuable purpose, weeding out fraud and helping keep policies affordable forallpolicy holders, reducing the likelihood that firms and individuals will drop or cut back on coverage.

Obamacare: How affordable is health insurance after the Affordable Care Act?

Experts have little doubt that will occur. The Congressional Budget Office estimates 16 million more Americans will have health insurance in 2014 because of the Affordable Care Act. To help people purchase insurance, the law provides subsidies to any individual making less than $45,960 or a family of four making less than $94,200. That covers about 95 percent of the uninsured in New Jersey, according to the Center for State Health Policy at Rutgers University. But the uninsured arent the only ones who find themselves shopping for a new plan. Thats because the Affordable Care Act requires health insurance plans meet minimum standards and provide many preventive services like colonoscopies and mammograms free of charge.

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