Navigating the health insurance market and finding the best companies is nearly impossible. This blog and our reports simplify this overly complicated process of finding the best health insurance.
Yes, it’s true. Homeowners insurance prices have been increasing faster than health insurance prices. That comes as a shock to most people. The reason it’s such a shock is because homeowners insurance isn’t a political topic. Therefore, it doesn’t make the headline news. Nevertheless, the rapidly escalating prices of homeowners insurance is hurting consumers. The […]
After being struck by a vehicle, ValChoice Founder Dan Karr (pronounced as “car”) left the Intensive Care Unit with years of physical therapy ahead of him. Although Karr was fully insured and not at fault, insurance companies refused to cover his medical costs, totaling nearly $100,000. The strain of retrieving that money from the […]
Cheap insurance is attractive to everyone, except insurance companies. Other than Obamacare, the federal government has stayed on the sidelines when it comes to insurance for the last 70 years. Donald Trump may change that. He’s already putting the insurance industry on notice that he plans to change the way insurance is sold. What Trump doesn’t know […]
Competition drives down prices and improves service, usually. The proof is now in that for health insurance competition does not reduce prices. The proof comes in a study from Health and Human Services (HHS) titled “Premium Affordability, Competition, and Choice in the Health Insurance Marketplace, 2014.” Don’t let the headlines fool you. The headlines quote HHS Secretary […]
Giving your healthcare away to others explains why narrow healthcare networks have emerged under Obamacare. This week the National Bureau of Economic Research (NBER) published a three-year study based on a Massachusetts healthcare plan for state employees. The results of the study show that healthcare spending fell by 40% for employees enrolled in narrow healthcare networks. How Does […]
Healthcare changes are creating confusion. Are the changes helping? This roundup post covers three topics: What Federal, State and Private Health Insurance Exchanges will NOT accomplish. What are all The New Acronyms, and What do they Mean to Me? Is Universal Healthcare in our Future? Healthcare Changes – What Hasn’t Been Addressed? Lower Healthcare Costs—healthcare […]
Fads come and go and now another fad has passed. Skinny is no longer in. In fact, skinny is out, as in “out-of-your-pocket.” That’s the latest news on healthcare networks. This week Anthem, a unit of Wellpoint, Inc., was sued for the second time over accusations of switching people to skinny, or narrow, networks that have […]
Numerous polling services blame more than 60% of personal bankruptcy filings on healthcare costs. This is a staggering number. According to Nerdwallet Health, a division of the price comparison website, 1.7 million people would file for personal bankruptcy in 2013 due to health care costs. Let’s accept these numbers as correct and understand what this means. […]
Would you be surprised to get a call from your doctor’s office because you bought a donut with your morning coffee or bought cigarettes at the gas station? With the amount of data being collected on consumers these days, it’s possible, and major users of this data are insurance companies. With the implementation of Obamacare, healthcare providers […]
We all read the headlines about the political battles over health insurance. Until we have a medical emergency, or an unpaid bill, we tend to overlook these battles. Looking beyond the political battles there are serious problems in the insurance industry and the resulting problems are now impacting everyone who has insurance. The problems are […]
