In news that surprises no one, health insurers of New York are asking for rate increases in the double digits for the fifth year in a row. Insurers are citing the Trump administration's December …
Obamacare
How Much Money do Insurance Companies Spend so the Laws Keep Them Rich (and Make Them Richer)?
Large corporations hire full time employees to go to Washington D.C. and attend every political event/hearing/meeting they can, with the hopes to influence the politicians who are writing our laws and …
Non-Profit Insurers: A Cheaper Alternative?
When I discovered the existence of non-profit* insurance companies, I was hopeful. I thought "surely a company that isn't hell-bent on making a profit will provide more affordable policies and handle …
When Insurance Companies Merge
Depending on who you ask, insurance company mergers will either help or hurt consumers. Whether a merger in general is a good or a bad thing is debatable. The problem today is that there …
Is the United States Too Corporation-Centric? A Humble Observation of an Insurance Expert
I've been researching some complex medical regulations in the past weeks, and I uncovered what to me, is a disturbing fact. Deeply embedded in ERISA (Employee Retirement Income Security Act) I found …
Is Health Insurance a Human Right?
Many of you may know that besides my law degree, I have a Specialization in International Law. I was fortunate enough to train at one of the top schools for International Law, DePaul University. While …
Shame in Our Streets
I was sitting by the window of a restaurant in Chicago's south loop, when I saw a thin, middle-aged man making wild gestures across the street. I looked around, and no one seemed to be concerned. …
Obamacare Deadline: December 23
If you haven't already enrolled in Obamacare but want to be covered by January 1, you need to take a look at your state's exchange before December 23. For those of you who are still uncertain that the …
What Is An Insurance Death Spiral? Could It Bring Down Obamacare?
Articles are popping up everywhere about the "insurance death spiral". Many analysts predict the death spiral will destroy our new Obamacare health plan. So what is this ominous death spiral? Is there …
What Happens If I Don’t Buy Obamacare Coverage?
While most uninsured Americans are aware that the failure to purchase Obamacare will cost you a fee (or as the Supreme Court calls it, a tax), most of us don't know how that fee is calculated - or …