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Category: Cosby Insurance Group

Rush To Find Health Options Before Jan. 1

If people whose health insurance was canceled under Obamacare this year don’t line up new coverage this month, the Obama administration could face a political nightmare. More people could have lost coverage than gained it when the health law benefits begin on Jan. 1.

That’s by no means a certainty; the sign-up website is doing better, some insurance carriers are extending plans instead of canceling them, and there are millions more uninsured people who stand to get covered than there are covered people facing plan cancellations. Medicaid sign-ups are also running strong.

Still, the estimated 4 million to 5 million — there are no official numbers, just industry guesstimates — getting plan cancellation notices have had a giant media megaphone, a Republican chorus and a story to tell about how President Barack Obama broke a promise that if they liked their health plans, they could keep them. And some of them need to get new coverage before the first of year.

Read more the full report here.

Americans’ Approval of Healthcare Law Declines

Currently 40% approve and 55% disapprove

Americans’ views of the 2010 healthcare law have worsened in recent weeks, with 40% approving and 55% disapproving of it. For most of the past year, Americans have been divided on the law, usually tilting slightly toward disapproval. The now 15-percentage-point gap between disapproval and approval is the largest Gallup has measured in the past year.

The results are based on Gallup’s annual Health and Healthcare poll, conducted Nov. 7-10.

Currently, 73% of Democrats, 39% of independents, and 8% of Republicans approve of the healthcare law. Approval is down at least marginally among all three groups since Gallup’s last update in late October.

Since the government health insurance exchanges opened on Oct. 1, Americans’ views of the healthcare law remained fairly steady even amid reports of widespread technical glitches with the websites.

Read the full report here.

Americans’ Approval of Healthcare Law Declines

Currently 40% approve and 55% disapprove

Americans’ views of the 2010 healthcare law have worsened in recent weeks, with 40% approving and 55% disapproving of it. For most of the past year, Americans have been divided on the law, usually tilting slightly toward disapproval. The now 15-percentage-point gap between disapproval and approval is the largest Gallup has measured in the past year.

The results are based on Gallup’s annual Health and Healthcare poll, conducted Nov. 7-10.

Currently, 73% of Democrats, 39% of independents, and 8% of Republicans approve of the healthcare law. Approval is down at least marginally among all three groups since Gallup’s last update in late October.

Since the government health insurance exchanges opened on Oct. 1, Americans’ views of the healthcare law remained fairly steady even amid reports of widespread technical glitches with the websites.

Read the full report here.

New Healthcare Flexible Spending Account Rules For 2013, Use-It-Or Lose-It Still Undecided

Just in time for 2014 open enrollment season, the Treasury Department released new rules allowing employers to of er a $500 carry over of unused FSA money instead of the grace period spend-down. Millions of employees are making benefit choices for 2013 now, including how much of their salary to put into a healthcare flexible spending account, and they’re facing new rules thanks to ObamaCare.

Read the full report here.