TheMyersGroup.net. Consumer Awareness of the Health Insurance Marketplace TMG Polling Study Findings

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "TheMyersGroup.net. Consumer Awareness of the Health Insurance Marketplace. 2014 TMG Polling Study Findings"

Transcription

1 TheMyersGroup.net Consumer Awareness of the Health Insurance Marketplace 2014 The Myers Group conducted two consecutive year (2013 and 2014) polling studies to measure and compare consumer awareness of the Health Insurance Marketplace and the issues important to consumers when choosing a plan.

2 Table of Contents A Brief Look at the 2013 Health Insurance Marketplace Polling Study... 1 Upcoming Open Enrollment Expectations Health Insurance Marketplace Polling Study... 1 Findings Reveal Continued Lack of Awareness, Yet Improvement... 2 Who will be shopping the Marketplace?... 3 A Shift in the Health Insurance Market Business Model... 4 Factors Influencing Consumers when Selecting Health Insurance... 4 Consumers Perception about Costs and Coverage... 5 Impact of Recommendations from Family or Friends... 5 Member Satisfaction and Plan Loyalty... 5 Conclusion... 6 Survey Methodology... 6 Respondent Profile... 7 Insured Responders:... 8 About The Myers Group... 9

3 Consumer Awareness of the Health Insurance Marketplace 2014 TMG Polling Study A Brief Look at the 2013 Health Insurance Marketplace Polling Study In June 2013, The Myers Group conducted a national online polling study to measure consumer awareness of the new Health Insurance Marketplace (the Marketplace) and to explore the major factors influencing consumers when selecting their health insurance. Feedback and opinions from 556 adult consumers confirmed that, in approaching the first year of enrollment, Marketplace awareness levels were low (36% Very or Somewhat aware). Additionally, a majority (66%) of these consumers expressed uncertainty about how and if the Affordable Care Act would impact them or their family. Factors related to cost, followed by easy, understandable information about health insurance coverage, were of highest importance and concern to consumers. Upcoming Open Enrollment Expectations The roughly 8 million people who shopped the Marketplace and enrolled in an exchange-based health plan this year will be required to renew their existing coverage or select another health plan options for An additional 5 million people are expected shop and enroll in a plan. Open enrollment for 2015 coverage year begins Nov. 15, Health Insurance Marketplace Polling Study As we enter the second year of enrollment in Marketplace plans, The Myers Group repeated the online polling study to again measure and compare levels of awareness about the Marketplace and the issues important to consumers when choosing a plan. Among those currently insured, we also assessed existing levels of satisfaction and their intent to re-enroll with their health plan. As with any online sampling, it is important to remember that internet users tend to skew more highly educated, higher income, and younger. This study was conducted from July 24 through July 30, Sample and respondent population included insured (non-medicare) and uninsured adults years of age. A total of 799 surveys were completed from both insureds (81%) and uninsured (16%) consumers. As shown in the pie chart below, more than half of the respondents (58%) indicated they have access to their insurance coverage through an employer. This is slightly higher than what was seen in 2013 with 55% of consumers stating they were covered via an employer. Copyright 2014 The Myers Group 1

4 2014 Source of Coverage Govt. Program 7% Other 3% Parents 9% Purchased Yourself 12% Employer 58% Medicaid Plan/Program 12% Findings Reveal Continued Lack of Awareness, Yet Improvement National attention and political dialogue about the Affordable Care Act has been unrelenting over the past 12 months. Yet, there remains a majority of 2014 respondents (65%) who are uncertain or feels they don t have enough information to understand how the Affordable Care Act impacts them or their family. Little difference is seen when comparing the findings of those currently insured or uninsured. Consumer awareness of the Marketplace has, however, improved significantly when compared to our 2013 findings. 2013: 36% Very/Somewhat aware of the Marketplace 2014: 52% Very/Somewhat aware of the Marketplace Close to half (48%) of all respondents indicated they are Not at all aware or A little aware of the Marketplace. Clearly, further aggressive outreach is warranted by states, HHS/CMS and insurers to encourage and draw consumers interest in the various state exchanges. In July, 2014, Gallup reported the uninsured rate in the U.S. to be 13.4% of the population. 1 Understandably, the uninsured are a primary target for HHS/CMS and potentially have the most to gain from the Affordable Care Act. Among those uninsured, TMG findings show general awareness of the Marketplace has improved significantly from 38% in 2013 to 62% that are Very/Somewhat aware in US Uninsured Rate: Gallup, July 2014; Copyright 2014 The Myers Group 2

5 2014 vs Consumer Awareness of the Health Insurance Marketplace Survey Question: How aware are you of the health insurance Marketplace? Not at all A Litte Very/Somewhat Aware Very/SW Aware Insured Uninsured % 23.9% 51.6% 50% 62% % 31.9% 36.2% 36% 38% 0.0% 20.0% 40.0% 60.0% 80.0% 100.0% In a recent Polling Study conduct by the Kaiser Family Foundation (Oct. 2014), uninsured consumers where asked about their knowledge of the Marketplace. Kaiser reports two thirds of the uninsured say they know Only a little or Nothing at all about the Marketplaces. 2 Who will be shopping the Marketplace? Approximately, 27% of the respondents stated they are Very likely or Somewhat likely to shop the Marketplace this year. This is slightly higher than what we found in 2013 with 23% of the consumers anticipating they would likely shop the Marketplace. Of those likely to shop the Marketplace: Majority (78.8%) are white, under 45 years of age (74%), report excellent/very good/good health (84.3%), have incomes less than $50K (79%) and are employed either part-time or full time (61%). Close to half (49%) of the uninsured respondents and 23% of those currently insured expect to shop this year in the Marketplace. 2 Kaiser Health Tracking Poll: Kaiser Health Foundation, Oct. 2014; Copyright 2014 The Myers Group 3

6 A Shift in the Health Insurance Market Business Model Interestingly, while more than half (58%) of the respondents stated they obtain their coverage through an employer, 13% indicate they are Very likely or Somewhat likely to shop the 2015 Marketplace. Many industry authorities and regulators are in agreement that the health insurance market is beginning to experience a shift in the business model from that of an employer-based to individual consumer-driven purchasing model. Private health insurance exchanges will play a significant role in the shift of this business paradigm. The private exchange market is predicted, by some, to significantly outpace public exchange activity within the next 4-5 years. Insights shared by industry insiders, like the McClatchy Washington DC Bureau (May 2014) 3, about Standards and Poor s top 500 companies, suggests within 5-6 years, we will see a steady flow of private companies shift from offering employer-based health insurance coverage to offering subsidies for plans sold in the Marketplace. Factors Influencing Consumers when Selecting Health Insurance Consistent with our 2013 study findings, among insured and uninsured alike, when choosing a health plan, factors related to out of pocket cost are of highest importance followed by ease of understanding information about what they are purchasing. Importance when choosing a health plan (0=Not at all; 10 = Most Important) 9 or Monthly out-of-pocket costs for premiums 62% 2. The cost of the copayment to visit a doctor or specialist. 52% 3. The cost of the copayment for prescription drugs 48% 4. Ease of understanding plan coverage 44% 5. Clear, understandable written materials 40% 6. Ability to keep your current doctor 39% 7. Prescription drug coverage 39% 8. Choice of hospitals 38% 9. Choice of specialty doctors 34% 10. Choice of primary care doctors 34% 11. If health plan received high quality ratings 25% 12. Health and wellness programs offered 22% 13. If health plan was recommended by someone you trust 13% 3 Large Employers Could Shift All Workers Health Coverage to Marketplace: McClatchy Washington DC Bureau; Tony Pugh, July 2014; Copyright 2014 The Myers Group 4

7 Consumers Perception about Costs and Coverage A growing number of consumers are feeling the pressure of choosing the most appropriate and affordable health insurance plan options to meet their needs and the needs of their family. The outcome, for some, is continued uncertainty and anxiety. Consumers understanding and confidence about coverage, costs and how to effectively use their health insurance plan, can impact members obtaining timely, routine care or preventive care treatments or services. This ultimately can translate into additional or reduced costs for the health plan and or the member. We asked those currently insured how confident they were that they understood most of the things they needed to know about using their health insurance. Survey findings showed: 62% Very confident or Moderately confident 25% Slightly confident 13% Not at all confident We, also, asked these consumers how confident they felt about being able to pay for usual out of pocket medical costs for themselves or their family. Majority of respondents (71%) are either Very or Somewhat confident. Close to one-third (or 29%) were Not confident Impact of Recommendations from Family or Friends In years past, one of the primary reasons indicated for choosing a particular health plan was because it was recommended by family or friends. However, consistent with our 2013 poll, this currently ranks last on the above list of ten most important factors when choosing a health plan. Given the real concerns about factors of cost, understanding and choosing the right benefits and coverage options, recommendations by friends/family may now be an intangible deciding factor when choosing a health plan. Member Satisfaction and Plan Loyalty Cost and understanding of the benefit plan is of high importance and will impact the members satisfaction or rating of their health plan. Using a scale of 0 (Worst health plan) to 10 (Best health plan), on average consumers rating of their health plan are moderate at best. Survey results show: 43% of the respondents rate their plan 8 to 10. No significant difference is found between those who purchased health insurance themselves or through an employer. Copyright 2014 The Myers Group 5

8 Members willingness to recommend their health plan is, typically, reflective of how they rate the plan. Only a third (33%) of the insured respondents express a strong willingness (8 10) to recommend their current health plan to family and friends. Member retention appears encouraging as a majority of the insured (77%) respondents indicate they are Very likely to re-enroll with their current health insurer. Not surprising, those with coverage through an employer are significantly more likely (86.4% Very likely ) to re-enroll with their current insurer than those who purchased insurance themselves (55% Very likely ). It is uncertain to what extent this is reflective of experience and satisfaction or driven by factors of affordability or limited choice of plans. Conclusion Findings show consumer awareness of the Marketplace has improved significantly. Yet, HHS/CMS, states, and insurers will need to continue their efforts to attract and provide easy to understand information and tools to increase awareness and activity in the health insurance Marketplace. Approximately, one in four consumers who responded to the survey state they are likely to shop the Marketplace this year. This includes respondents who are currently insured and uninsured, as well as some who currently obtain insurance through an employer. Intent to re-enroll ratings are strong, yet not reflective of how those with insurance rate their current health plan or how likely they are to recommend the plan. Similar to what we found in 2013, of greatest concern to those shopping will be cost, ease of understanding what they are purchasing and how to use it. The health insurance Marketplace serves to empower consumers to make the right choices for themselves and their families. While empowering, this new self-service landscape may also be somewhat intimidating. Insurers may want to focus on simplifying key information about each health insurance products as well as providing alternative support and channels of communication to support the decision making of potential enrollees. Survey Methodology This poll was conducted using SurveyMonkey Audience, an online opt-in panel. SurveyMonkey recruits from the 30+ million people who complete SurveyMonkey surveys every month. They limit the number of surveys members can take and reward members with non-cash incentives. As with any online sampling, it is important to remember that the survey reached out to people with internet access. As noted, internet users tend to skew more highly educated, younger and with higher income. Recognizing this, TMG set an income cap of $50,000 on half of the sample. Copyright 2014 The Myers Group 6

9 Respondent Profile Following is a summary of the profile characteristics of the respondent population. Copyright 2014 The Myers Group 7

10 Insured Responders Through exploring how those with health insurance purchased their 2014 coverage, majority of respondents report purchasing coverage through an employers. Others channels included, online exchanges, through brokers, or assistance provided by a health plan representative. How did you last enroll in your current health insurance plan? Answer Options N=597 Through you/your spouse s/partner s employer 68.8% Online via the health plan s website 6.7% Spoke with a representative of the health plan 4.0% Online through a public health insurance marketplace Through a health insurance counsellor, broker or agent 5.7% 3.0% Other 9.9% Don't know 9.9% Copyright 2014 The Myers Group 8

11 About The Myers Group The Myers Group is a full-service healthcare improvement organization providing healthcare surveys, call center services, and performance improvement tools and consultation. The company is an NCQA-certified survey provider for the CAHPS, CAHPS PCMH, and Medicare HOS survey, and a CMS-approved Medicare CAHPS and CAHPS for ACOs survey provider. The company is also a conditionally-approved QHP Enrollee Survey provider. The Myers Group delivers valuable member feedback and reliable analysis to support improvement initiatives through survey research, phone outreach, and member engagement programs for healthcare organizations throughout the nation. As a leader in healthcare solutions since 1993, The Myers Group is dedicated to serving the healthcare community with tools and resources for improving quality and patient care. Regulatory Surveys Complete management of survey requirements Certified Survey Vendor In-depth, actionable reporting & analysis Trusted experience for the best results Insight Surveys Comprehensive line of tested, reliable surveys Valuable, in-depth insight and feedback Customization and Flexibility Experts in survey design and execution TMG Connect - Call Center Services Advanced call center support services Enhanced member outreach/engagement Full-service onsite, US-based call center Expertise in managing regulatory requirements Performance Improvement Consulting Star/Scores Improvement Experienced guidance and action planning Recommendations for quality improvement Understanding survey results and implications The Myers Group 1965 Evergreen Blvd., Suite 100, Duluth, GA TheMyersGroup.net

Key Points about Star Ratings from the CMS 2015 Draft Call Letter

Key Points about Star Ratings from the CMS 2015 Draft Call Letter News From February 24, 2014 Key Points about Star Ratings from the CMS 2015 Draft Call Letter On February 21, 2014 CMS released the 2015 Draft Advance Notice and Call Letter for Medicare Advantage plans.

More information

Key Points about Star Ratings from the CMS 2016 Final Call Letter

Key Points about Star Ratings from the CMS 2016 Final Call Letter News from April 2015 Key Points about Star Ratings from the CMS 2016 Final Call Letter On April 6, 2015 CMS released the Announcement of Methodological Changes for Calendar Year 2016 for Medicare Advantage

More information

Survey of Non-Group Health Insurance Enrollees

Survey of Non-Group Health Insurance Enrollees Survey of Non-Group Health Insurance Enrollees A First Look At People Buying Their Own Health Insurance Following Implementation Of The Affordable Care Act Executive Summary... 1 About The Groups Described

More information

ISSUE BRIEF. A Little Knowledge Is a Risky Thing: Wide Gap in What People Think They Know About Health Insurance and What They Actually Know

ISSUE BRIEF. A Little Knowledge Is a Risky Thing: Wide Gap in What People Think They Know About Health Insurance and What They Actually Know October 214 Amended A Little Knowledge Is a Risky Thing: Wide Gap in What People Think They Know About Health and What They Actually Know BY KATHRYN A. PAEZ AND CORETTA J. MALLERY Under the 2 Affordable

More information

Covered California FACT SHEET. Affordable insurance is a national priority. Getting California covered

Covered California FACT SHEET. Affordable insurance is a national priority. Getting California covered Covered California FACT SHEET Affordable insurance is a national priority In 2010, the federal government enacted the Patient Protection and Affordable Care Act, which aims to increase the number of Americans

More information

How To Buy Health Insurance. An Introduction To Healthcare Coverage

How To Buy Health Insurance. An Introduction To Healthcare Coverage How To Buy Health Insurance An Introduction To Healthcare Coverage Table of Contents What Is Health Insurance? How Do I Get Health Insurance? When Can I Get Health Insurance? What Terms Should I Know?

More information

2015 OEP: Insight into consumer behavior

2015 OEP: Insight into consumer behavior 2015 OEP: Insight into consumer behavior Center for U.S. Health System Reform March 11, 2015 OVERVIEW As the Affordable Care Act s (ACA s) second individual market open enrollment period (OEP) came to

More information

Health Reform Monitoring Survey -- Texas

Health Reform Monitoring Survey -- Texas Health Reform Monitoring Survey -- Texas Issue Brief #1: Were Texans Satisfied with the Cost of Health Care and Health Insurance Prior to the Affordable Care Act? February 10, 2014 Vivian Ho, PhD, Elena

More information

Health Insurance Marketplaces

Health Insurance Marketplaces Health Insurance Marketplaces 2013 Zywave, Inc. All rights reserved. Presented by Employer Flexible What is Health Care Reform? The Affordable Care Act (ACA) was enacted in March 2010. Biggest overhaul

More information

Pulse Check on Health Care Coverage - General Population

Pulse Check on Health Care Coverage - General Population Transamerica Center for Health Studies SM Survey: Pulse Check on Health Care Coverage - General Population January 2015 Table of Contents About the Transamerica Center for Health Studies SM Page 3 About

More information

75 Washington Ave. Suite 206 Portland, ME 04101. (207) 767-6440 www.marketdecisions.com

75 Washington Ave. Suite 206 Portland, ME 04101. (207) 767-6440 www.marketdecisions.com 75 Washington Ave. Suite 206 Portland, ME 04101 (207) 767-6440 www.marketdecisions.com Comprehensive Report 2014 Vermont Household Health Insurance Survey Vermont Department of Regulation, Insurance Division

More information

Contact: As February 15 Deadline Nears for 2015 Enrollment Under the Affordable Care Act, a Health Insurance Expert Answers Common Questions

Contact: As February 15 Deadline Nears for 2015 Enrollment Under the Affordable Care Act, a Health Insurance Expert Answers Common Questions Contact: Kathryn Knox Soman 212-908-8588 office 646-529-9769 cell SOMANK@nychhc.org As February 15 Deadline Nears for 2015 Enrollment Under the Affordable Care Act, a Health Insurance Expert Answers Common

More information

Public health insurance exchanges Opening the door for a new generation of engaged health care consumers

Public health insurance exchanges Opening the door for a new generation of engaged health care consumers Public health insurance exchanges Opening the door for a new generation of engaged health care consumers Insights from the Deloitte Center for Health Solutions 2015 Survey of US Health Care Consumers Executive

More information

Provider Satisfaction Survey: Research and Best Practices

Provider Satisfaction Survey: Research and Best Practices Provider Satisfaction Survey: Research and Best Practices Provider Satisfaction Survey Revamp Provider Satisfaction with the health plan has been one of the most popular proprietary survey tools that TMG

More information

Expert Support Navigating Health Exchanges

Expert Support Navigating Health Exchanges Expert Support Navigating Health Exchanges 2 HealthAdvocate Health Insurance Exchanges: Health Advocate Can Help Support You Introduction Health Advocate has received many questions regarding the impact

More information

Empowering the Consumer: The Ultimate Health Care Stakeholder

Empowering the Consumer: The Ultimate Health Care Stakeholder Empowering the Consumer: The Ultimate Health Care Stakeholder Rebecca Burkholder Alliance for Health Reform Briefing July 24, 2015 REBECCA BURKHOLDER @ncl_tweets 1 Estimated Source of Insurance Coverage,

More information

From the AP-NORC Center s Employer Survey objective metrics of health plan quality information, and most

From the AP-NORC Center s Employer Survey objective metrics of health plan quality information, and most Research Highlights Employer Perspectives on the Health Insurance Market: A Survey of Businesses in the United States Introduction A new survey conducted by the Associated Press-NORC Center for Public

More information

Maryland Health Connection

Maryland Health Connection Maryland Health Connection What You Need To Know About Getting Health Coverage MarylandHealthConnection.gov Goals Today The importance of coverage What is Maryland Health Connection? Coverage options Qualified

More information

Got Coverage? Need Coverage? Getting Health Insurance during the Open Enrollment Period

Got Coverage? Need Coverage? Getting Health Insurance during the Open Enrollment Period Got Coverage? Need Coverage? Getting Health Insurance during the Open Enrollment Period Jennifer Syria Health Insurance Specialist Centers for Medicare and Medicaid Services Jennifer.Syria@cms.hhs.gov

More information

Allsup Medicare Advisor Seniors Survey

Allsup Medicare Advisor Seniors Survey Allsup Medicare Advisor Seniors Survey Examining Medicare Plan Selection Matters For Seniors October 2011 Satisfaction, confidence and health condition 2-5 Changing Medicare plans and challenges 6-9 Current

More information

Report 2015 Health Insurance Consumer Survey

Report 2015 Health Insurance Consumer Survey 75 Washington Ave, Suite 206 Portland, ME 04101 www.marketdecisions.com (207) 767-6440 Prepared by: Curtis A. Mildner, President & Senior Consultant Brian Robertson, Ph.D., Director of Research Nathaniel

More information

The New Health Law & Small Businesses

The New Health Law & Small Businesses The New Health Law & Small Businesses October 2013 1 Goals of the New Health Law Affordable Care Act (ACA) Protect consumers against unfair insurance industry practices Give consumers more insurance options

More information

Tracking Employment-Based Health Benefits in Changing Times

Tracking Employment-Based Health Benefits in Changing Times Tracking Employment-Based Health Benefits in Changing Times by Brian Mauersberger Bureau of Labor Statistics Originally Posted: January 27, 2012 Most Americans obtain their health care coverage through

More information

Not All Private Exchanges are Created Equal

Not All Private Exchanges are Created Equal Not All Private Exchanges are Created Equal Know the Advantages, Know the Stats, Know the Features E mployers are increasingly embracing private insurance exchanges. Why? Find out about the advantages

More information

Statement of. Linda J. Blumberg, Ph.D. Senior Fellow The Urban Institute

Statement of. Linda J. Blumberg, Ph.D. Senior Fellow The Urban Institute Statement of Linda J. Blumberg, Ph.D. Senior Fellow The Urban Institute Committee on Energy and Commerce Subcommittee on Oversight and Investigations United States House of Representatives Hearing: The

More information

MEASURING THE PATIENT EXPERIENCE IN EXCHANGES

MEASURING THE PATIENT EXPERIENCE IN EXCHANGES MEASURING THE PATIENT EXPERIENCE IN EXCHANGES The insurance market reforms, health insurance exchanges, and subsidies put in place by the Affordable Care Act represent a significant step forward for the

More information

Section 2: INDIVIDUALS WHO CURRENTLY HAVE

Section 2: INDIVIDUALS WHO CURRENTLY HAVE Section 2: INDIVIDUALS WHO CURRENTLY HAVE COVERAGE OR AN OFFER OF COVERAGE FROM THEIR EMPLOYER Section 2 covers enrollment issues for individuals who have coverage or an offer of coverage whether through

More information

MAJOR REVENUE-CYCLE STRESS POINTS

MAJOR REVENUE-CYCLE STRESS POINTS Healthcare Insights How Healthcare Reform Impacts Your Revenue Cycle: Scott Krah, AAP Vice President and Senior Product Manager Healthcare Payments KeyBank Enterprise Commercial Payments KEY TAKEAWAYS

More information

HEALTHCARE REFORM SOLUTIONS. Designing a Pharmacy Benefit for the New Public Health Exchange Consumers

HEALTHCARE REFORM SOLUTIONS. Designing a Pharmacy Benefit for the New Public Health Exchange Consumers HEALTHCARE REFORM SOLUTIONS Designing a Pharmacy Benefit for the New Public Health Exchange Consumers FEBRUARY 2013 EXECUTIVE SUMMARY Designing a Pharmacy Benefit for the New Public Health Insurance Exchange

More information

Affordable Care Act Employee Education Packet

Affordable Care Act Employee Education Packet Affordable Care Act Employee Education Packet Your Health Plan Options under the Affordable Care Act The Affordable Care Act (ACA) requires that most Americans be covered under a health plan by January

More information

Maryland s New Health Insurance Marketplace. What You Need To Know About Getting Health Coverage

Maryland s New Health Insurance Marketplace. What You Need To Know About Getting Health Coverage Maryland s New Health Insurance Marketplace What You Need To Know About Getting Health Coverage Goals Today The Importance of Coverage What is Maryland Health Connection? New coverage options Qualified

More information

A Framework on Health Insurance Literacy for the Outreach and Enrollment Community

A Framework on Health Insurance Literacy for the Outreach and Enrollment Community A Framework on Health Insurance Literacy for the Outreach and Enrollment Community By Sophie Stern This issue brief describes the connection between health insurance literacy (HIL) and coverage retention,

More information

How Non-Group Health Coverage Varies with Income

How Non-Group Health Coverage Varies with Income How Non-Group Health Coverage Varies with Income February 2008 Policy makers at the state and federal levels are considering proposals to subsidize the direct purchase of health insurance as a way to reduce

More information

Wisconsin typically ranks among the states with the highest level of health

Wisconsin typically ranks among the states with the highest level of health Health Insurance Marketplace in Wisconsin by Wisconsin Office of the Commissioner of Insurance Staff Wisconsin typically ranks among the states with the highest level of health care coverage for its citizens.

More information

Anticipating the Health Insurance Marketplace in Texas

Anticipating the Health Insurance Marketplace in Texas Anticipating the Health Insurance Marketplace in Texas HFMA Lone Star Chapter Fall Institute September 16, 2013 1 About Community Health Choice Non-profit Health Maintenance Organization licensed by the

More information

4 th District IBEW Health Fund. The Fund s Health Coverage is Adequate and Affordable (According to the Affordable Care Act Standards)*

4 th District IBEW Health Fund. The Fund s Health Coverage is Adequate and Affordable (According to the Affordable Care Act Standards)* 4 th District IBEW Health Fund The Fund s Health Coverage is Adequate and Affordable (According to the Affordable Care Act Standards)* * We think it s a lot better than that! One of the upcoming changes

More information

U.S. ATTITUDES TOWARD HEALTH INSURANCE AND HEALTHCARE REFORM. A report by Valence Health August 2015

U.S. ATTITUDES TOWARD HEALTH INSURANCE AND HEALTHCARE REFORM. A report by Valence Health August 2015 U.S. ATTITUDES TOWARD HEALTH INSURANCE AND HEALTHCARE REFORM A report by Valence Health August 2015 U.S. ATTITUDES TOWARD HEALTH INSURANCE AND HEALTHCARE REFORM Executive Summary With the Affordable Care

More information

Seniors Opinions About Medicare Prescription Drug Coverage 8 th Year Update

Seniors Opinions About Medicare Prescription Drug Coverage 8 th Year Update Seniors Opinions About Medicare Prescription Drug Coverage 8 th Year Update Prepared for September 2013 1 Table of Contents Page Method 3 Executive Summary 7 Detailed Findings 9 Satisfaction with Medicare

More information

Federal and State Subsidies Questions

Federal and State Subsidies Questions Federal and State Subsidies Questions 1. Qualified Health Plans (QHP) vs. Minimum Creditable Coverage (MCC) on all covered benefits. How do these two things relate? All QHPs offered through the Health

More information

Insurance Markets Ready or Not: Consumers Face New Health Insurance Choices. Employer-based. Insurance Premium. Contribution.

Insurance Markets Ready or Not: Consumers Face New Health Insurance Choices. Employer-based. Insurance Premium. Contribution. Insurance Markets Ready or Not: Consumers Face New Health Insurance Choices Introduction Not long ago, most working Californians, at least those working for large or midsize companies, could expect a standard

More information

The Alliance Roundtable with U.S. Rep. Tammy Baldwin An Insider s View of Congressional Efforts to Reform Health Care

The Alliance Roundtable with U.S. Rep. Tammy Baldwin An Insider s View of Congressional Efforts to Reform Health Care The Alliance Roundtable with U.S. Rep. Tammy Baldwin An Insider s View of Congressional Efforts to Reform Health Care The Alliance hosted a roundtable discussion on November 13 with U.S. Rep. Tammy Baldwin,

More information

2015 Survey of Health Insurance Marketplace Assister Programs and Brokers

2015 Survey of Health Insurance Marketplace Assister Programs and Brokers REPORT 2015 Survey of Health Insurance Marketplace Assister Programs and Brokers August 2015 Prepared by: Karen Pollitz, Jennifer Tolbert, and Rosa Ma Kaiser Family Foundation Executive Summary... 1 About

More information

Health Insurance Marketplace Frequently Asked Questions

Health Insurance Marketplace Frequently Asked Questions Health Insurance Marketplace Frequently Asked Questions Q & A SPECIFIC TO THE HEALTH INSURANCE MARKETPLACE & ASSISTANCE Q1: Why is health insurance important? A: No one plans to get sick or hurt, but at

More information

Health Insurance Shopper s Guide Information to help you choose a health plan for you and your family.

Health Insurance Shopper s Guide Information to help you choose a health plan for you and your family. Health Insurance Shopper s Guide Information to help you choose a health plan for you and your family. who needs Nobody knows the future. But you can plan for it and protect yourself and your family with

More information

1 ALPHA-1 FOUNDATION. Private Insurance: Virtual Support Group Telecall and Webinar

1 ALPHA-1 FOUNDATION. Private Insurance: Virtual Support Group Telecall and Webinar 1 ALPHA-1 FOUNDATION Open Enrollment for Medicare and Private Insurance: How to choose the plan that will work for you Virtual Support Group Telecall and Webinar Prepare Yourself Know your healthcare needs

More information

The Changing Face of Employer-Sponsored Retiree Prescription Benefits. Long-term strategies for a rapidly evolving market

The Changing Face of Employer-Sponsored Retiree Prescription Benefits. Long-term strategies for a rapidly evolving market The Changing Face of Employer-Sponsored Retiree Prescription Benefits Long-term strategies for a rapidly evolving market February 2015 Executive Summary The past decade has seen fundamental changes in

More information

Individual and Family Health Insurance Researching, Shopping and Buying Health Insurance: The Insurance Exchange Effect

Individual and Family Health Insurance Researching, Shopping and Buying Health Insurance: The Insurance Exchange Effect Individual and Family Health Insurance Researching, Shopping and Buying Health Insurance: The Insurance Exchange Effect GoHealthInsurance Consumer Reports Third Business Quarter 2009 Table of Contents

More information

Medicare Made Clear. Helping your employees and volunteers understand Medicare.

Medicare Made Clear. Helping your employees and volunteers understand Medicare. Medicare Made Clear Quick Reference Guide Helping your employees and volunteers understand Medicare. Medicare helps nearly 50 million older and disabled Americans save on their health care expenses. But

More information

Choosing Health Care Insurance Medicare Supplements

Choosing Health Care Insurance Medicare Supplements Choosing Health Care Insurance By Steve Meinhardt http://yumainsurancehealth.com Office: 928-217-3621 Mobile: 928-580-7102 Fax No: 928-344-3507 Email: steve@yumainsurancehealth.com Or - Fill out the contact

More information

An Overview. James L. Sugden, CLU Small Business Health Plan Manager

An Overview. James L. Sugden, CLU Small Business Health Plan Manager An Overview James L. Sugden, CLU Small Business Health Plan Manager What is Connect for Health Colorado An open, competitive marketplace for individuals and small employers to: Compare information regarding

More information

Exchanges and the ACA What You Need to Know for 2014

Exchanges and the ACA What You Need to Know for 2014 Exchanges and the ACA What You Need to Know for 2014 How the Affordable Care Act affects the Individual Health Insurance Market This presentation is for informational purposes only and does not constitute

More information

2015 Emerging Trends in Health Care Survey

2015 Emerging Trends in Health Care Survey April 2015 High-Performance Insights 2015 Emerging Trends in Health Care Survey Executive Summary The new imperative for employer-sponsored health care programs is higher performance. To qualify as high

More information

Medicare Supplemental Insurance (Medigap)

Medicare Supplemental Insurance (Medigap) Medicare Supplemental Insurance (Medigap) All Medigap s A through N The available supplemental insurance plans that are offered are lettered plans A-N. Each plan offers a different benefits package and

More information

Findings. Kaiser Family Foundation Survey of Health Insurance Agents Assessing Trends in the Individual and Small Group Insurance Markets

Findings. Kaiser Family Foundation Survey of Health Insurance Agents Assessing Trends in the Individual and Small Group Insurance Markets Findings Kaiser Family Foundation Survey of Health Insurance Agents Assessing Trends in the Individual and Small Group Insurance Markets SURVEY OF HEALTH INSURANCE AGENTS Assessing Trends in the Individual

More information

Saving Money on Medicare Plans

Saving Money on Medicare Plans Saving Money on Medicare Plans Tips for making the most of the Medicare Open Enrollment Period Oct. 15 - Dec. 7 2012. All rights reserved. Longevity Alliance, Inc. does business under the name Longevity

More information

You don t have to change plans unless you want an option other than the following:

You don t have to change plans unless you want an option other than the following: Why is Caltech changing my retiree medical benefits? As you know, health care costs have been increasing significantly over the years. This has made it difficult for Caltech to provide retiree medical

More information

Health Care Reform Legislation and You

Health Care Reform Legislation and You Health Care Reform Legislation and You Timelines and Implications of the New Law for Individuals Updated as of May 2011 Health Care Reform Legislation and You The Patient Protection and Affordable Care

More information

This glossary provides simple and straightforward definitions of key terms that are part of the health reform law.

This glossary provides simple and straightforward definitions of key terms that are part of the health reform law. This glossary provides simple and straightforward definitions of key terms that are part of the health reform law. A Affordable Care Act Also known as the ACA. A law that creates new options for people

More information

Retiree Questions from the Conference Calls for Healthcare CenturyLink

Retiree Questions from the Conference Calls for Healthcare CenturyLink Retiree Questions from the Conference Calls for Healthcare CenturyLink Miscellaneous Questions 1. If I have a pre-existing condition, such as Parkinson s, will I have trouble getting insurance? No, not

More information

Health insurance coverage for individuals and families

Health insurance coverage for individuals and families Health insurance coverage for individuals and families Health care reform is here. If it seems like information is coming at you from all directions, it probably is. But just because it s a hot topic of

More information

Employer Health Benefits

Employer Health Benefits 61% $5,615 2012 T H E K A I S E R F A M I L Y F O U N D A T I O N - A N D - H E A L T H R E S E A R C H & E D U C A T I O N A L T R U S T Employer Health Benefits Employer-sponsored insurance is the leading

More information

Allsup Medicare Advisor Seniors Survey

Allsup Medicare Advisor Seniors Survey Allsup Medicare Advisor Seniors Survey Examining Medicare Plan Selection Issues Among Seniors November 2009 Confidence in Medicare Plan Only one-quarter of respondents are very confident in their Medicare

More information

InsureAdvantage for Private Exchanges

InsureAdvantage for Private Exchanges InsureAdvantage for Private Exchanges Product Overview Private Exchanges have matured into marketplaces for health insurance products that offer a high degree of choice and multiple options to its customers.

More information

Ronald Riner, MD. The Riner Group, Inc. 5811 Pelican Bay Blvd., Suite 210 Naples, FL 34108 800.965.8485 www.rinergroup.com

Ronald Riner, MD. The Riner Group, Inc. 5811 Pelican Bay Blvd., Suite 210 Naples, FL 34108 800.965.8485 www.rinergroup.com Impact of Healthcare Reform on Small Business January 12, 2011 Ronald Riner, MD The Riner Group, Inc. 5811 Pelican Bay Blvd., Suite 210 Naples, FL 34108 800.965.8485 www.rinergroup.com Healthcare Reform

More information

Health Care Reform *

Health Care Reform * HEALTH CARE REFORM FEBRUARY 2014 Health Care Reform * The Affordable Care Act and its Impact on Your Wealth Management Strategy INTRODUCTION TABLE OF CONTENTS What Is the Patient Protection and Affordable

More information

Escalating Premium Costs. Employers Dropping Insurance Too Many Uninsured Misaligned Incentives

Escalating Premium Costs. Employers Dropping Insurance Too Many Uninsured Misaligned Incentives The Utah Health Exchange A Utah Solution for Utah Businesses Presented by Cheryl Smith Utah Health System Reform: A Step-by by-step Guide 1. Identify Problems 2. Commit to Systemic Change 3. Begin With

More information

August 2015. AmeriCorps VISTA Healthcare FAQs

August 2015. AmeriCorps VISTA Healthcare FAQs August 2015 AmeriCorps VISTA Healthcare FAQs AmeriCorps VISTA Healthcare FAQs The Affordable Health Care Act (ACA) reformed healthcare and ensures that essential healthcare benefits are made available

More information

AHIP National Medigap Satisfaction Survey

AHIP National Medigap Satisfaction Survey Summary of Findings Prepared by Gary A. Ferguson, Senior Vice President June 2012 Introduction AHIP commissioned American Viewpoint, Inc., to conduct a national survey of Medicare supplement (Medigap)

More information

INDIVIDUAL HEALTH INSURANCE GUIDE. Introduction. What is the Health Insurance Marketplace?

INDIVIDUAL HEALTH INSURANCE GUIDE. Introduction. What is the Health Insurance Marketplace? INDIVIDUAL HEALTH INSURANCE GUIDE Introduction On November 15th, 2014, the second annual Open Enrollment Period for Individual Health Insurance begins. The Affordable Care Act (ACA) requires all US citizens

More information

Escalating Premium Costs. Employers Dropping Insurance Too Many Uninsured Misaligned Incentives

Escalating Premium Costs. Employers Dropping Insurance Too Many Uninsured Misaligned Incentives The Utah Health Exchange A Utah Solution for Utah Businesses Utah Governor s Office of Economic Development s Office of Consumer Health Services Utah Health System Reform: A Step-by by-step Guide 1. Identify

More information

Benchmark on Health Care Coverage Perceptions and Readiness

Benchmark on Health Care Coverage Perceptions and Readiness Benchmark on Health Care Coverage Perceptions and Readiness The First Annual Transamerica Center for Health Studies SM Survey September 2013 Transamerica Center for Health Studies, 2013 Transamerica Center

More information

THE HEALTH INSURANCE MARKETPLACE

THE HEALTH INSURANCE MARKETPLACE THE HEALTH INSURANCE MARKETPLACE Presented by Raffa Financial Services Source: Centers for Medicare & Medicaid Services Design 2013 Zywave, Inc. All rights reserved. OBJECTIVES This session will help you:

More information

Affordable Care Act: Outreach, Education and Enrollment

Affordable Care Act: Outreach, Education and Enrollment Affordable Care Act: Outreach, Education and Enrollment Deepti A. Loharikar Health Policy Analyst Department of Health and Human Services Health Resources and Services Administration What is the Affordable

More information

Getting the Most from Your Federal Health Insurance

Getting the Most from Your Federal Health Insurance FEDweek.com Getting the Most from Your Federal Health Insurance 1 Getting the Most from Your Federal Health Insurance The Federal Employees Health Benefits program is one of the most valuable of federal

More information

NSBA SMALL BUSINESS HEALTH CARE SURVEY

NSBA SMALL BUSINESS HEALTH CARE SURVEY NSBA 2015 SMALL BUSINESS HEALTH CARE SURVEY FOREWORD America s small businesses continue to face huge cost increases and struggle to navigate significant confusion and complexity with the new system. As

More information

List of Insurance Terms and Definitions for Uniform Translation

List of Insurance Terms and Definitions for Uniform Translation Term actuarial value Affordable Care Act allowed charge Definition The percentage of total average costs for covered benefits that a plan will cover. For example, if a plan has an actuarial value of 70%,

More information

The Health Insurance Marketplace in Iowa: The consumer perspective

The Health Insurance Marketplace in Iowa: The consumer perspective The Health Insurance in Iowa: The consumer perspective Final report to the Iowa Dept. of Public Health Peter Damiano* Suzanne Bentler* Daniel Shane* University of Iowa Public Policy Center* and College

More information

Health Insurance Literacy Understanding Basic Health Insurance Terms

Health Insurance Literacy Understanding Basic Health Insurance Terms Health Insurance Literacy Understanding Basic Health Insurance Terms Massachusetts Health Care Training Forum April 2015 Presented by: Debi Lang Debbie Raymond Objectives: After this presentation you will

More information

North Carolina Institute for Early Childhood Professional Development HEALTH INSURANCE: INFORMATION AND TIPS FOR CHILD CARE EMPLOYEES AND EMPLOYERS

North Carolina Institute for Early Childhood Professional Development HEALTH INSURANCE: INFORMATION AND TIPS FOR CHILD CARE EMPLOYEES AND EMPLOYERS North Carolina Institute for Early Childhood Professional Development HEALTH INSURANCE: INFORMATION AND TIPS FOR CHILD CARE EMPLOYEES AND EMPLOYERS Often times in the early care and education field we

More information

Understanding the ObamaCare Health Insurance Plans in North Carolina Understanding Insurance and Affordable Care Act Terminology: ACA- Marketplace

Understanding the ObamaCare Health Insurance Plans in North Carolina Understanding Insurance and Affordable Care Act Terminology: ACA- Marketplace Understanding the ObamaCare Health Insurance Plans in North Carolina As a result of the Affordable Care Act (a.k.a. ObamaCare) the following provisions are now in place for health insurance policies with

More information

Non-Group Health Insurance: Many Insured Americans with High Out-of-Pocket Costs Forgo Needed Health Care

Non-Group Health Insurance: Many Insured Americans with High Out-of-Pocket Costs Forgo Needed Health Care Affordable Care Act Non-Group Health Insurance: Many Insured Americans with High Out-of-Pocket Costs Forgo Needed Health Care SPECIAL REPORT / MAY 2015 WWW.FAMILIESUSA.ORG Executive Summary Since its passage

More information

THE PRACTICE PROFITABILITY INDEX 2013 Edition

THE PRACTICE PROFITABILITY INDEX 2013 Edition THE PRACTICE PROFITABILITY INDEX 2013 Edition 1 About The Practice Profitability Index (PPI) The PPI was created to provide a voice to physician practices across the US regarding issues that impact their

More information

Health insurance Marketplace. What to expect in 2014

Health insurance Marketplace. What to expect in 2014 Health insurance Marketplace What to expect in 2014 Overview The Affordable Care Act (ACA) includes several provisions geared to extend greater access to health insurance benefits to more people. Beginning

More information

WASHINGTON QUALIFIED HEALTH PLAN SELECTION: CONSIDERATIONS FOR CONSUMERS

WASHINGTON QUALIFIED HEALTH PLAN SELECTION: CONSIDERATIONS FOR CONSUMERS WASHINGTON QUALIFIED HEALTH PLAN SELECTION: CONSIDERATIONS FOR CONSUMERS December 2013 Support for this resource provided through a grant from the Robert Wood Johnson Foundation s State Health Reform Assistance

More information

2012 Vermont Household Health Insurance Survey: Comprehensive Report

2012 Vermont Household Health Insurance Survey: Comprehensive Report Vermont Department of Financial Regulation Insurance Division 2012 Vermont Household Health Insurance Survey: Comprehensive Report Brian Robertson, Ph.D. Jason Maurice, Ph.D. Table of Contents Page I.

More information

MEDICAID AND SCHIP PROTECTED INSURANCE COVERAGE FOR MILLIONS OF LOW-INCOME AMERICANS. by Leighton Ku, Matt Broaddus and Victoria Wachino

MEDICAID AND SCHIP PROTECTED INSURANCE COVERAGE FOR MILLIONS OF LOW-INCOME AMERICANS. by Leighton Ku, Matt Broaddus and Victoria Wachino ( 820 First Street, NE, Suite 510, Washington, DC 20002 Tel: 202-408-1080 Fax: 202-408-1056 center@cbpp.org www.cbpp.org January 31, 2005 MEDICAID AND SCHIP PROTECTED INSURANCE COVERAGE FOR MILLIONS OF

More information

Kansas Insurance Department

Kansas Insurance Department Kansas Insurance Department A Kansas Guide to Health Insurance Changes Public Policy Session Panel Discussion KAMU Annual Conference Sept. 26, 2013 Sandy Praeger, Commissioner of Insurance 2014 Affordable

More information

+ An Overview of the. Affordable Care Act. How Illinois Nurses can Educate and Guide Patients, Family, & Friends About Provisions of the Law

+ An Overview of the. Affordable Care Act. How Illinois Nurses can Educate and Guide Patients, Family, & Friends About Provisions of the Law + An Overview of the Affordable Care Act How Illinois Nurses can Educate and Guide Patients, Family, & Friends About Provisions of the Law An Overview of the ACA: How Illinois Nurses can Educate & Guide

More information

VETERANS DEEP DIVE PRESENTATION FOR ASSISTERS

VETERANS DEEP DIVE PRESENTATION FOR ASSISTERS VETERANS DEEP DIVE PRESENTATION FOR ASSISTERS DUANE FLEMMING, PMP VHA OFFICE OF THE ASSISTANT DEPUTY UNDER SECRETARY FOR HEALTH FOR POLICY AND PLANNING TONY GUAGLIARDO, MS VHA CHIEF BUSINESS OFFICE, MEMBER

More information

Delaware s Health Insurance Marketplace: Update on Activity

Delaware s Health Insurance Marketplace: Update on Activity Delaware s Health Insurance Marketplace: Update on Activity Delaware Health Care Commission July 2, 2015 Secretary Rita Landgraf Department of Health and Social Services Agenda Review of Delaware s 2015

More information

Myths and Misperceptions:

Myths and Misperceptions: Myths and Misperceptions: What employee benefits can do for small businesses Brighter ideas in small business benefits Table of Contents Myths and Misperceptions: What Employee Benefits Can Do for Small

More information

One Year In: Americans Respond to the Affordable Care Act

One Year In: Americans Respond to the Affordable Care Act One Year In: Americans Respond to the Affordable Care Act Transamerica Center for Health Studies SM Survey September 2014 Table of Contents About the Transamerica Center for Health Studies SM Page 3 About

More information

Oregon Health Insurance Marketplace Focus Group Report

Oregon Health Insurance Marketplace Focus Group Report Oregon Health Insurance Marketplace Focus Group Report July 27, 2015 Table of Contents Executive Summary 3 Purpose and Methodology 4 Key Findings 5 Focus Group Results 6 Health insurance provided by the

More information

OVERVIEW OF PRIVATE INSURANCE MARKET REFORMS IN THE PATIENT PROTECTION AND AFFORDABLE CARE ACT AND RESOURCES FOR FREQUENTLY ASKED QUESTIONS

OVERVIEW OF PRIVATE INSURANCE MARKET REFORMS IN THE PATIENT PROTECTION AND AFFORDABLE CARE ACT AND RESOURCES FOR FREQUENTLY ASKED QUESTIONS OVERVIEW OF PRIVATE INSURANCE MARKET REFORMS IN THE PATIENT PROTECTION AND AFFORDABLE CARE ACT AND RESOURCES FOR FREQUENTLY ASKED QUESTIONS Brief Prepared by MATTHEW COKE Senior Research Attorney LEGISLATIVE

More information

The Saratoga Review. Saratoga Human resource services. Newsletter Issue: September 2009. In this issue. What s happening at PwC Saratoga 1

The Saratoga Review. Saratoga Human resource services. Newsletter Issue: September 2009. In this issue. What s happening at PwC Saratoga 1 Saratoga Human resource services The Saratoga Review Newsletter Issue: September 2009 In this issue What s happening at PwC Saratoga 1 2009 PwC Health & Well-Being Touchstone survey results 2 Behind the

More information

Health and Dental Insurance Questions/Answers for Retirees

Health and Dental Insurance Questions/Answers for Retirees Health and Dental Insurance Questions/Answers for Retirees What happens with my health insurance if I continue to work full-time beyond age 65? As an active full-time employee working beyond the age of

More information

Growing Health Care Concerns Fuel Cautious Support for Change

Growing Health Care Concerns Fuel Cautious Support for Change ABC NEWS/WASHINGTON POST POLL: HEALTH CARE 10/13/03 EMBARGOED FOR RELEASE AFTER 9 a.m. Sunday, Oct. 19, 2003 Growing Health Care Concerns Fuel Cautious Support for Change Americans express broad and in

More information

2015 Colorado Employer Benefits Survey Report

2015 Colorado Employer Benefits Survey Report 2015 Colorado Employer Benefits Survey Report November 18, 2014 L O C K T O N C O M P A N I E S INTRODUCTION AND PURPOSE In fall 2014, Lockton Companies conducted its annual Colorado Employer Benefits

More information

Nebraska Health Insurance Exchange Update

Nebraska Health Insurance Exchange Update Nebraska Health Insurance Exchange Update Overview of the Affordable Care Act and the Federally Facilitated marketplace. September 2014 AFFORDABLE CARE ACT» The Affordable Care Act: Establishes a Health

More information

Transitioning Low-Income Children from a Separate Children s Health Insurance Program (CHIP) to Medicaid October 18, 2013

Transitioning Low-Income Children from a Separate Children s Health Insurance Program (CHIP) to Medicaid October 18, 2013 DEPARTMENT OF HEALTH AND HUMAN SERVICES Centers for Medicare & Medicaid Services 7500 Security Boulevard, Mail Stop S2-26-12 Baltimore, MD 21244-1850 Center for Medicaid and CHIP Services Transitioning

More information