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  • Kaiser Study: Deductibles under Obamacare rising seven times faster than inflation

    09/24/2015 2:17:48 PM PDT · by SeekAndFind · 36 replies
    Hotair ^ | 09/24/2015 | KRISTINA RIBALI
    We all remember the promise – President Obama famously told us time and time again that ObamaCare would lower health insurance premiums by $2,500 a year for families. But unless you’re receiving a giant subsidy from the government for your insurance, you’re not paying less in premiums, in fact, for employer sponsored plans, premiums have risen nearly $5,000 since Obama promised to cut them. What about deductibles? They haven’t decreased either. But don’t just take my word for it.A new survey finds that in 2015 deductibles on employer-provided health plans actually rose by almost nine percent.According to a new...
  • Obamacare Waste Continues to Pile Up

    09/26/2015 8:48:07 PM PDT · by Libloather · 8 replies
    Heartland ^ | 9/26/15 | Justin Haskins
    **SNIP** According to, an official website of the Obamacare administration, the ACA reduces health care costs, in part, by cracking down on waste, fraud, and abuse. A new government audit of the Centers for Medicare and Medicaid Services (CMS) management of contracts made with eight companies that helped to build the website, shows the 20 contracts most critical to the websites operation worth roughly $600 million in total were incredibly mismanaged. According to the report, millions were wasted in cost overruns, shoddy practices, and poor business practices. John Tozzi of Bloomberg Business reports the primary...
  • Academic Built Case for Mandate in Health Care Law (NYT 2012 article cites Gruber as influence)

    Mr. Gruber has spent decades modeling the intricacies of the health care ecosystem, which involves making predictions about how new laws will play out based on past experience and economic theory. It is his research that convinced the Obama administration that health care reform could not work without requiring everyone to buy insurance. And it is his work that explains why President Obama has so much riding on the three days of United States Supreme Court hearings, which ended Wednesday, about the constitutionality of the mandate. Questioning by the courts conservative justices has suggested deep skepticism about the mandate, setting...
  • Trump Pushes Single Payer Healthcare, Tax Increase On Wealthy

    09/28/2015 11:40:17 AM PDT · by Behind Liberal Lines · 217 replies
    Copyright 2015 Breitbart ^ | 28 Sep 2015 | John Nolte
    During his 60 Minutes interview Sunday, Republican presidential front-runner appeared to come out in favor of a form of single payer health insurance for the uninsured ... and openly called for raising taxes on the wealthy.
  • South Dakota proposes plan to expand Medicaid

    09/29/2015 1:23:51 AM PDT · by Olog-hai · 3 replies
    Associated Press ^ | Sep 28, 2015 7:50 PM EDT | James Nord
    South Dakota may join 30 other states in expanding its Medicaid program if federal officials approve a plan Gov. Dennis Daugaard is set to outline to the nations top health and human services administrator in Washington on Tuesday. The Republican governor is meeting with Health and Human Services Secretary Sylvia Burwell to explain the plan, and the federal government has so far been more open to discussions than in the past, said Tony Venhuizen, chief of staff to Daugaard. The proposal, which is in its early stages, would make about 48,500 South Dakota residents newly eligible for the program. Its...
  • Example of OcommieCare Takeover Insanity

    09/24/2015 12:00:32 PM PDT · by CincyRichieRich · 6 replies
    9-24-15 | Self
    I just checked my mail; Anthem BCBS sent us a check for $11.25. I read further that this is due to 0'care. There is an part of 0'Care (0C) called the 80/20 rule. The healthcare insurance company is basically limited to 20% profit; if they don't spend 80% on claims, then they have to refund the remaining percentage to all payees. I have a $13,000 deductible with HSA as I am self-employed. Bottom line is Marxism is alive and well and if anyone owns a healthcare stock you are a fool.
  • The Answer Is Quite Simple, But Nobody Will Pick Up The Ball

    09/23/2015 8:59:46 AM PDT · by SatinDoll · 49 replies
    The Market-Ticker ^ | Sept. 23, 2015 | Karl Denninger
    C'mon folks, this isn't complicated. Hill used Indian government data on the cost of pharmaceutical ingredients and allowed for a 50-percent profit margin - but no money for investment in research - to work out the costs of producing certain drugs. On this basis, he found that Novartis' leukaemia drug Glivec actually cost $159 for a year's treatment, against the $106,000 charged in the United States. Roche's Tarceva for lung cancer cost $236, against a U.S. price of $79,000, and Novartis' Tykerb cost $4,000 against a price of $74,000. In all these cases the U.S. cost was far above that...
  • Employers shifting health-care costs to workers, survey shows

    09/02/2010 12:57:10 PM PDT · by Nachum · 24 replies
    Washington Post ^ | 9/2/10 | David S. Hilzenrath
    Amid high unemployment and a weak economy, employers have been shifting health care costs to workers, according to a study released Thursday. The premiums that employees pay for employer-sponsored family coverage rose an average of 13.7 percent this year, while the amount that employers contribute fell by 0.9 percent, the survey found. For family coverage, workers are paying an average of $3,997, up $482 from last year, while employers are paying an average of $9,773, down $87, according to the survey by the Kaiser Family Foundation and the Health Research & Educational Trust.
  • Study shows employers shifting more medical costs to workers

    09/22/2015 12:57:16 PM PDT · by Olog-hai · 27 replies
    Associated Press ^ | Sep. 22, 2015 3:22 PM EDT | Tom Murphy
    Employers are leaving a bigger chunk of the bill for care to workers who use their health insurance, and benefits experts see few signs of this trend slowing. Most companies now offer health coverage that requires employees to pay an annual deductible before insurance kicks in, and the size of that deductible has soared in the past decade, according to a survey released Tuesday by the Kaiser Family Foundation and Health Research & Educational Trust. The average general deductible for workers with single coverage totaled $1,077 this year, compared to only $303 in 2006. That deductible has climbed nearly seven...
  • $600 Mil in Obamacare Deals Plagued With Fraud, Negligence

    09/18/2015 2:45:14 PM PDT · by jazusamo · 16 replies
    Judicial Watch ^ | September 18, 2015
    Months after Judicial Watch exposed massive security risks with the governments website, afederal audit reveals that the public employees responsible for overseeing the disastrous Obamacare site were not properly trained, failed to keep adequate records and stood by as delays mounted to millions over the original contract costs. Were talking an astounding $600 million in contracts to build the website for the presidents signature healthcare law. The government employees tasked with supervising the colossal project actually helped private contractors fleece American taxpayers, according to an investigation conducted by the Health and Human Services (HHS) Inspector General (IG). Most of...
  • Census Bureau Confirms How Badly Obamacare Is Underperforming

    09/16/2015 2:24:19 PM PDT · by Brad from Tennessee · 9 replies
    Forbes ^ | September 16, 2015 | By Chris Conover
    The Census Bureau has finally released definitive statistics on the number of uninsured in 2014 and the news is not good for Obamacare (unless, of course, you have abysmally low expectations for government performance). The population-wide uninsured rate fell from 14.5% in calendar year 2013 to 11.7% in 2014. The total number of uninsured dropped from 45.2 million in 2013 to 36.7 million in 2014a net of 8.5 million who gained coverage [1]. Theres 2 things to note about this new number, which is far more definitive than the previous numbers put out by Urban Institute, RAND Corporation, Commonwealth Fund,...
  • The Scheming Marxist Architect Of Obamacare, Robert Creamer, Helped Sell The Iran Deal

    09/15/2015 6:31:38 AM PDT · by Whenifhow · 7 replies
    Noisy Room ^ | Sept 14 2015 | Terresa Monroe-Hamilton
    Looks like the Marxist architect of Obamacare also had a major say in putting forth the Iran Deal. Robert Creamer was convicted in 2005 for tax violations and bank fraud. He served time and was under house arrest. While in prison, he crafted the core underpinnings of Obamacare. Creamer is a political consultant who is very close to Barack Obama and is married to Jan Schakowsky, the Marxist Congresswoman from Illinois. While on the inside, he wrote, Listen to Your Mother: Stand Up Straight! How Progressives Can Win. Obamacare was only the first major step in a radical Marxist battle...
  • Obamacares Blue State Money Laundry

    09/14/2015 9:25:18 AM PDT · by rootin tootin · 6 replies
    American Spectator ^ | 9/14/2015 | David Catron
    When Marylands Attorney General announced last summer that his office had negotiated a settlement whereby $45 million would be recouped from the IT contractor that botched the states Obamacare exchange, it was widely reported as good news for taxpayers. It appeared that their investment in the mismanaged project would not be a dead loss. But the AGs statement included this curious passage: The agreement will lead to the recovery of funds for both Maryland and the federal Centers for Medicare and Medicaid Services [CMS]. Whats so odd about that? Well, the state didnt contribute any money to the project. All...
  • Death Spiral: Obamacare enrollment must double this year to meet budget goals

    09/14/2015 9:50:43 AM PDT · by SeekAndFind · 9 replies
    American Thinker ^ | 09/14/2015 | Rick Moran
    Enrollment in Obamacare insurance plans must double over the next year if budget projections by the Congressional Budget Office are to be met. An article in the Washington Times shows enrollment lagging far behind original estimates of where the program should be by 2016, and this will have unknown effects on the trillion dollar projection for the program's cost by 2020. As of June, the Department of Health and Human Services counted 9.9 million customers who have bought plans through the federal portal and a handful of state-run exchanges. That puts the administration ahead of it’s own estimates...
  • ObamaCare Enrollment Tumbles As Huge Price Hikes Loom

    09/11/2015 3:32:36 AM PDT · by IBD editorial writer · 43 replies
    Investor's Business Daily ^ | 09/10/2015 | Staff
    ObamaCare enrollment has fallen sharply since March, and that's before consumers confront huge rate hikes for 2016. These are not the signs of a successful program.
  • California Assembly approves right-to-die legislation (doctor assisted suicide)

    09/09/2015 1:00:54 PM PDT · by Zakeet · 20 replies
    LA Times ^ | September 9, 2015 | Patrick McGreevy
    The state Assembly on Wednesday approved a measure that would allow California physicians to prescribe life-ending drugs to terminally ill patients, sending the proposal to the Senate, which had previously approved a similar bill. Modeled on a law in Oregon, the measure by Assemblywoman Susan Talamantes Eggman (D-Stockton) sparked an emotional debate, with many Republicans saying that it is immoral to assist in a suicide, but with supporters arguing that terminally ill Californians should have a choice to die peacefully without pain. [Snip] Opponents of the bill, including the Catholic Church and advocates for the disabled, voiced concern that the...
  • Healthcare Navigators Awarded $67M By Feds

    09/08/2015 10:13:27 PM PDT · by Olog-hai · 6 replies
    Cybercast News Service ^ | September 8, 2015 | 12:53 PM EDT | Eric Scheiner
    The Centers for Medicare and Medicaid Services (CMS) recently announced grant awards totaling $67 million to healthcare navigator efforts over the next three years. The awards come before the upcoming third year of Affordable Care Act enrollment starting November 1, 2015. CMS awarded funds to 100 organizations in 34 states that operate Federally Facilitated Marketplaces and State Partnership Marketplaces with three-year long Marketplace Navigator grants.
  • ObamaCare Enrollees Got $235 Million In Excess Subsidies

    09/04/2015 5:13:36 AM PDT · by IBD editorial writer · 2 replies
    Investor's Business Daily ^ | 9/4/2015 | John Merline
    An IRS audit released this week shows that nearly half a million ObamaCare enrollees were able to claim more than $235 million in excess subsidies that they will never have to pay back, thanks to a quirk in the law that leaves the program vulnerable to potentially billions in excess subsidy payments.
  • Annual $36,500 tax per worker for noncompliance with Obamacare

    08/31/2015 7:19:00 AM PDT · by MarvinStinson · 43 replies
    IRS drops a bomb on small employers Annual tax would be $36,500 per worker for noncompliance with Obamacare Employers with fewer than 50 employees were promised a break by not having to provide group health insurance under the Affordable Care Act. But now the IRS has served notice that under the rule that has been in effect since July 1 such employers are subject to $100 per worker per day excise tax if they help their employees with their health-care costs. That could amount to a staggering $36,500 per worker annual tax. We were told over and over during...
  • Obama agenda and legacy in the hands of federal judges

    08/27/2015 7:44:19 PM PDT · by Elderberry · 12 replies
    The Washington Times ^ | 8/26/2015 | Tom Howell Jr
    A federal judge in Texas has put President Obamas deportation amnesty on hold, while another judge in the District of Columbia is poised to rule any day now on whether the House can sue to stop parts of the administrations Obamacare spending. Meanwhile, no fewer than six federal judges in the District are refereeing Mr. Obamas broad pledges of transparency and how they stack up against the way his State Department operated under Hillary Rodham Clinton as secretary. Indeed, much of Mr. Obamas agenda and his legacy sits in the hands of federal judges across the country, who...
  • Obama: Regulators will never approve those massive health premium increases; Regulators: APPROVED

    08/28/2015 7:26:41 AM PDT · by Sean_Anthony · 16 replies
    Canada Free Press ^ | 08/28/15 | Dan Calabrese
    Mandates have consequences, bro The argument has been ever-present, where ObamaCare is concerned, that mandating generous benefits while forbidding insurers from considering factors like pre-existing conditions, could only result in one thing: Sky-high, jacked up premiums for everyone. Its simple economics. You cant artificially heighten demand by forcing everyone to buy, while also mandating a gold standard in coverage, and not see prices soar. But Barack Obama thinks the regulatory state can do what the stone-cold laws of the market cannot. So when insurers earlier this year began submitting their rate increase requests to state regulators - and the numbers...
  • Yes, Those Shocking ObamaCare Rate Hikes Are For Real

    08/28/2015 4:16:05 AM PDT · by IBD editorial writer · 33 replies
    Investor's Business Daily ^ | 08/27/2015 | Staff
    When insurers requested huge rate hikes for their 2016 ObamaCare plans, we were told not to worry because state regulators would force them down. But that's not happening. Death spiral, anyone?
  • Obamacare tax already affecting worker health plans

    08/23/2015 9:37:53 AM PDT · by artichokegrower · 12 replies
    Santa Cruz Sentinel ^ | 08/22/15 | Emily Bazar
    For the millions of Californians with job-based health coverage, this ones for you. And its a doozy. Starting in 2018, a hefty Obamacare excise tax known informally as the Cadillac tax will target high-cost health insurance plans offered by employers.
  • Almost 3 Million Could Lose Their ObamaCare Subsidies Next Year

    08/22/2015 7:05:21 AM PDT · by SeekAndFind · 30 replies
    IBD ^ | 08/22/2015
    Remember the hue and cry when it looked like the Supreme Court could deny ObamaCare subsidies to millions of people? Looks like it could happen anyway, thanks to the law's tax complications. Fully 40% of taxpayers who received ObamaCare subsidies last year haven't filed their taxes yet and are at risk of losing their subsidies for next year, according to the American Action Forum. An update on ObamaCare that the IRS recently sent to Congress said that out of the 4.5 million taxpayers who got ObamaCare's "advance payment" subsidies last year, only 2.7 million had filed the required tax forms...
  • How Obamacare Adds $100 A Month To Your Spouse's Coverage

    08/16/2015 12:25:25 PM PDT · by Brad from Tennessee · 9 replies
    Forbes ^ | August 16, 2015 | By Bruce Japsen
    To avoid the Affordable Care Acts so-called Cadillac tax on rich benefit plans, companies are adding surcharges of $100 a month or more to wives and husbands of workers, hoping spouses will seek coverage elsewhere, new employer data shows. The Cadillac tax was created as part of the Affordable Care Act largely as a way to help subsidize benefits to the uninsured under the law. Starting in 2018, employers pay a 40 percent tax on costs of health plans that are above $10,200 per individual and $27,500 for family coverage. The idea behind the so-called spousal surcharge employers are implementing...
  • Big Price Hikes Coming For Medicare Premiums In 2016

    08/16/2015 8:52:26 AM PDT · by zeestephen · 25 replies ^ | 14 August 2015 | Martha Lynn Craver
    The actual rates for Part B (which covers the costs of doctor visits and outpatient care) will be announced in October and take effect Jan. 1. The boost may be 15% for all participants [$105/month to $121] or a whopping 52% for some [$105/month to $159], depending on whether Social Security recipients see a cost-of-living raise for 2016.
  • Kentuckians, Get Ready For Health Insurance Rate Hikes

    08/14/2015 8:16:32 PM PDT · by Republican Wildcat · 8 replies
    WPFL ^ | 8/12/2015 | Ja'Nel Johnson
    The Kentucky Department of Insurance recently approved insurers requests for rate hikes. And all but one of the 13 insurers selling individual and small-group plans in the state are raising rates. The approved increases, which are averages among the plans each insurer offers in Kentucky, are nearly identical to insurance company requests made to the states Department of Insurance in June. Most are between 5 and 15 percent. The highest increase, by far, comes from the carrier designed to provide the most affordable plans. The Kentucky Health Co-Operative, a nonprofit governed by its members, will see a 25.1 percent rate...
  • Dems and unions attack Obamacare 'Cadillac' tax

    08/12/2015 4:06:50 AM PDT · by markomalley · 10 replies
    Washington Examiner ^ | 8/12/15 | Robert King
    Democrats and unions have been steadfast in their defense of Obamacare, except for one provision: the controversial "Cadillac" tax. But will the bipartisan desire to repeal the tax be enough to get approved by President Obama? The "Cadillac" tax got its name because it goes after very expensive healthcare plans. The tax, intended to generate revenue for Obamacare, starts in 2018, and will tax 40 percent of the value of health plans that exceed $10,200 for an individual and $27,500 for a family. There's some bipartisan momentum to repeal the tax, as there are two bills in the House that...
  • We Dont Like Obamacare, and We Dont Have to Keep It

    08/14/2015 6:53:30 AM PDT · by afraidfortherepublic · 27 replies
    National Review ^ | 8-14-15 | Scott Walker
    Lets be honest. Obamacare was nothing more than a bait and switch. But Americans never took the bait. In 2010, as President Obama and his fellow Democrats were trying desperately to ram Obamacare down our throats, they made one false claim after another. They told us health-care premiums would go down. They insisted if you liked your health-care plan you could keep it. They guaranteed Obamacare wouldnt include any tax increases for the middle class. Americans didnt buy these lofty promises then, and they certainly dont now, given that each and every one of them has been broken. Five years...
  • Conservatives Need to Redefine Themselves as More Caring, John Kasich Says

    08/13/2015 8:00:45 AM PDT · by SeekAndFind · 59 replies
    New York Times ^ | 08/13/2015 | Jonathan Martin
    DERRY, N.H. It was the last question at Gov. John R. Kasichs town-hall-style meeting here on Wednesday, and it also was perhaps the bluntest. Governor Kasich, how do you feel about amnesty for the illegals? asked a voter near the back of a Veterans of Foreign Wars hall here. Mr. Kasich, an Ohio Republican, started off sounding like a border hawk, saying he wanted to finish the wall along the border with Mexico. But when he answered the question at hand, he sounded a far more pragmatic note. If theyve been law-abiding, then I think they should stay, he...
  • North Carolina Blue Cross Raises Obamacare Plan Premiums (35%!)

    08/08/2015 2:01:53 PM PDT · by xzins · 14 replies
    CBN ^ | August 07, 2015 | CBN
    North Carolina's largest health insurer says high costs are forcing it to seek higher premium increases than expected. Two months ago, Blue Cross and Blue Shield of North Carolina said it wanted to raise rates by an average of almost 26 percent in January 2016. But now it's seeking an average 35 percent higher premium for insurance sold under Obamacare. North Carolina is not the only state facing steep raises. A study by the Kaiser Family Foundation says dozens of health insurers across the country are increasing premiums well beyond 10 percent for next year.
  • Kasich Defends Taking Obamacare Medicaid Expansion:

    08/08/2015 6:02:46 PM PDT · by Pontiac · 32 replies
    CNS News ^ | 8/7/15 | Staff
    During Thursday nights Republican presidential debate in Cleveland, Ohio, Megyn Kelly of Fox News asked Ohio Gov. John Kasich a question about his decision to accept on behalf of his state an option under the Affordable Care Act (AKA Obamacare) to expand the number of people eligible for Medicaid by increasing the income threshold below which people qualify. Kasich responded that President Ronald Reagan had expanded Medicaid three times and then discussed some of the things Ohio is doing with Medicaid money. Everybody has a right to their God-given purpose, he said.Snip Megyn Kelly: Governor Kasich, you chose to expand...
  • 'Medical Meltdown:' Obamacare Ushers in Doctor Shortages "[T]he medical care youve enjoyed in

    08/03/2015 2:19:00 PM PDT · by Nachum · 30 replies
    Truth Revolt ^ | 8/3/15 | Trey Sanchez
    This past weekend, one hundred medical professionals met in California for the 33rd Doctors for Disaster Preparedness meeting and they all warned that healthcare as we have known it is over, thanks to increasing federal regulations and taxes. And as Obamacare rolls across the land, it is leaving in its wake a shortage of doctors and surgeons. According to a Breitbart report, orthopedic surgeon Dr. Lee Hieb told the conference, "What do I mean by medical meltdown? Well, sadly, Im here to tell you that the medical care youve enjoyed in the past in your life is simply not going...
  • John Kasich's top 5 failed defenses of his Obamacare expansion

    08/06/2015 12:01:34 PM PDT · by SoConPubbie · 9 replies
    Washington Examiner ^ | 7/21/15 11:04 AM | PHILIP KLEIN
    As he announces his presidential ambitions on Tuesday, Ohio Gov. John Kasich will be greeted with well-deserved criticism from conservatives over his expansion of Obamacare. To recap, in 2010 Kasich was elected as an opponent of Obamacare, but in 2013, under pressure from hospital lobbyists, he embraced the program's expansion of Medicaid, framing his cynical move in the language of Christianity, and attacking conservative opponents for being "heart-hearted." When the Republican legislature rightfully rejected the expansion, Kasich bypassed lawmakers and rammed it through a separate panel. Now that he's running for president, he'll try to portray himself as an opponent...
  • The Simple Way to Repeal Obamacare

    08/06/2015 7:08:02 AM PDT · by SeekAndFind · 1 replies
    National Review ^ | 08/06/2015 | by JASON YAWORSKE
    Can Obamacare be repealed, in its entirety, through the budget reconciliation process? Some Republican leaders were hopeful that they would not be forced to answer that question. With a decision in King v. Burwell looming, it became increasingly clear that they planned not to keep the promise they had made in their budget to use reconciliation to repeal Obamacare. Instead, they would use it for some kind of response to the expected decision. In that environment, questions about the feasibility of repealing Obamacare using reconciliation were put on the back burner. But with the Supreme Courts unexpected and indefensible ruling...
  • Obama Administration Urges States to Cut Health Insurers Requests for Big Rate Increases

    08/04/2015 6:26:27 AM PDT · by PROCON · 12 replies
    nytimes ^ | Aug. 3, 2015 | ROBERT PEAR
    WASHINGTON Hoping to avoid another political uproar over the Affordable Care Act, the Obama administration is trying to persuade states to cut back big rate increases requested by many health insurance companies for 2016. In calling for aggressive regulation of rates, federal officials are setting up a potential clash with insurers. Some carriers said they paid out more in claims than they collected in premiums last year, so they lost money on policies sold in the new public marketplaces. After finding that new customers were sicker than expected, some health plans have sought increases of 10 percent to 40...
  • Watch: Ben Carson Drops Two-Sentence Planned Parenthood Truth Bomb That Stuns CNN Host

    08/01/2015 10:12:54 AM PDT · by Blue Turtle · 46 replies
    Tapper used Carsons point regarding disproportionately high numbers of Planned Parenthood facilities in minority communities to suggest that poor Americans might need the health services these clinics provide. I thought they were supposed to be able to get all of these things based on Obamacare, Carson retorted. Why do we need Planned Parenthood?
  • Obama: Medicare and Medicaid Arent In Crisis

    08/01/2015 8:38:48 AM PDT · by Sir Napsalot · 19 replies
    Breitbart TV ^ | 8-1-2015 | Ian Hanchett
    President Obama argued these programs arent in crisis while discussing Medicare and Medicaid during his Weekly Address on Saturday. (transcript excerpt) "If one of the best measures of a country is how it treats its more vulnerable citizens seniors, the poor, the sick then America has a lot to be proud of. Think about it. Before Social Security, too many seniors lived in poverty. Before Medicare, only half had some form of health insurance. Before Medicaid, parents often had no help covering the cost of care for a child with a disability. But as Americans, we declared that...
  • Obamacare's side effects: Fewer uninsured, better health (AMA study)

    08/01/2015 7:50:23 AM PDT · by lowbridge · 20 replies
    cnbc ^ | july 28, 2015 | dan magan
    Obamacare improved key health-care measurements for millions of Americans, reversing a troubling trend, a newstudystrongly suggests. The study found marked gains in the number of people with insuranceas other research has repeatedly confirmedas well as improved access to doctors and medications, affordable health care and good health status after implementation of the Affordable Care Act. But the research published Tuesday in the Journal of the American Medical Associationalso noted that the the gains in health coverage and access to care for low-income adults were particularly striking in states that expanded their Medicaid programs under the ACA to include more poor...
  • Audit finds 22 of 23 taxpayer-backed ObamaCare co-ops lost money in 2014

    07/30/2015 8:54:20 AM PDT · by george76 · 5 replies
    Associated Press ^ | July 30, 2015
    Under resident Barack Obama's overhaul, taxpayers provided $2.4 billion in loans to get the co-ops going, but only one out of 23 -- the one in Maine -- made money last year ... Another one, the Iowa/Nebraska co-op, was shut down by regulators over financial concerns. The audit by the Health and Human Services inspector general's office also found that 13 of the 23 lagged far behind their 2014 enrollment projections. The probe raised concerns about whether federal loans will be repaid, and ... Just last week, the Louisiana Health Cooperative announced it would cease offering coverage next year
  • More in Minnesota have health coverage but still can't afford to be sick

    07/27/2015 7:50:23 PM PDT · by TurboZamboni · 22 replies
    Star Tribune ^ | 7-26-15 | Glenn Howatt
    The number of Minnesotans struggling to pay their medical bills is rising sharply, despite an increase in the number of residents who have health insurance. In the past year, Minnesotas main hospital and clinic groups filed nearly 9,000 lawsuits against people with large or long-standing medical debts a sharp increase since 2005, according to a Star Tribune analysis of court records. Once a leading cause of personal bankruptcy in the United States, medical debt was widely expected to decline as more Americans got health insurance following federal health reform. Instead, shifts in the insurance market are pushing more people...
  • State health insurance markets struggle with cost challenges

    07/27/2015 1:20:02 PM PDT · by Olog-hai · 4 replies
    Associated Press ^ | Jul. 26, 2015 7:56 AM EDT | Ricardo Alonso-Zaldivar
    State-run health insurance markets that offer coverage under President Barack Obamas health law are struggling with high costs and disappointing enrollment. These challenges could lead more of them to turn over operations to the federal government or join forces with other states.Hawaiis marketplace, the latest cautionary tale, was awarded $205 million in federal startup grants. It has spent about $139 million and enrolled 8,200 customers for individual coverage in 2015. Unable to sustain itself, the state marketplace is turning over sign-ups to the federal for 2016. Twelve states and the District of Columbia fully control their markets. Experts estimate...
  • Dr. Ben Carson would dump all of Obamacare but one piece

    07/27/2015 7:59:39 AM PDT · by SeekAndFind · 9 replies
    Hotair ^ | 07/27/2015 | Jazz Shaw
    Remember that neurosurgeon guy who said he wanted to run for President? If you work for one of the major cable news networks or the nation’s largest newspapers you probably don’t. I base this anecdotally on the fact that I was struggling this morning to recall the last time I saw an interview with him or coverage of a campaign event he held. It’s almost as if he’d already folded up his tent and gone home. That’s particularly strange in light of the fact that nationally he’s still tied with Huckabee for 5th, he’s a solid 4th in Iowa...
  • Mike Lee goes for nuclear option to repeal Obamacare

    07/24/2015 3:37:46 PM PDT · by Oldeconomybuyer · 39 replies
    Washington Post ^ | July 24, 2015 | By Kelsey Snell
    Senate conservatives couldnt stop a vote on the Export-Import bank. So theyre going to try to force a vote on Obamacare instead. Conservative firebrand Sen. Mike Lee (R-Utah) announced on Friday that he plans to use a complicated procedural maneuver known as the nuclear option to repeal the Affordable Care Act with just 51 votes. Democrats famously used the strategy in 2013 to break a Republican blockade of President Obamas nominees to fill judicial openings. Now Lee wants to use the partisan procedure get rid of Obamacare. Its unclear whether Lees gambit will work but if it does, there...
  • St. Paul schools may adjust health plans to avoid 'Cadillac tax'

    07/24/2015 5:20:34 AM PDT · by TurboZamboni · 10 replies
    Pioneer Press ^ | 7-22-15 | Josh Verfes
    St. Paul Public Schools employees are likely to see their health benefits curtailed as the school district looks to avoid financial penalties set to begin in 2018. The Affordable Care Act's "Cadillac Tax" provision will charge employers an excise tax on high-cost plans -- 40 percent on every dollar over $10,200 on individual and $27,500 on family plans. Jeni Simon, a consultant with Aon Hewitt, told school board members Tuesday that companies already are redesigning their health plans in order to avoid paying the tax. A survey found 92 percent of U.S. employers expect their health plans to change by...
  • Anthem to acquire CIGNA, leaving only 3 big health insurance companies

    07/24/2015 7:50:29 AM PDT · by SeekAndFind · 30 replies
    CNN Money ^ | 07/24/2015 | Aaron Smith
    In another merger of health insurance giants, Anthem has agreed to acquire Cigna in a $54 billion deal. Anthem (ANTM), a Blue Cross and Blue Shield insurer, said it would buy all of Cigna's (CI)shares in a cash and stock transaction. The deal is expected to close in the second half of 2016, if it passes state regulatory approvals and other requirements. The merged insurer would cover 53 million members. The merger would leave only three major players in the insurance industry. Earlier this month, Aetna (AET) struck a deal to buy Humana (HUM) for $37 billion, which would cover...
  • Medicare's Prognosis Is Far Worse Than Dr. Obama Says

    07/24/2015 5:28:55 AM PDT · by IBD editorial writer
    Investor's Business Daily ^ | 07/23/2015 | Staff
    Entitlements: Medicare's latest annual report, issued days before its 50th anniversary, seems to show that, thanks to ObamaCare, it has a long and healthy future in front of it. But it's not true. Not by a long shot.
  • Senate GOP setting up Obamacare vote on highway bill

    07/24/2015 7:02:13 AM PDT · by Olog-hai · 11 replies
    Associated Press ^ | Jul. 24, 2015 9:55 AM EDT | Erica Werner
    Senate Republican leaders will use a must-pass highway bill to start another fight over the presidents health care law. Senate Majority Leader Mitch McConnell plans to introduce an amendment to the transportation bill to fully repeal Obamacare. [] The Senate is rushing to complete the highway legislation before states face a cutoff of highway and transit aid one week from now.
  • Health insurer Anthem to buy Cigna in $54.2 bln deal [Bernie Sanders approves]

    07/24/2015 3:52:55 AM PDT · by markomalley · 12 replies
    CNBC ^ | 6/24/15
    Anthem said on Friday it would buy Cigna in a deal valued at $54.2 billion, creating the largest U.S. health insurer. Cigna shareholders will get $103.40 per share in cash and 0.5152 Anthem shares. The deal comes three weeks after Aetna struck a deal to buy Humana for $37 billion and is part of an industry-wide consolidation of the health insurance industry following the roll-out of the Obama government's health-care reform law.
  • More Americans than expected forgo health insurance and pay Obamacare penalties

    07/21/2015 12:13:35 PM PDT · by Nachum · 37 replies
    Market Watch ^ | 7/21/15 | Russ Britt
    As many as 7.5 million U.S. taxpayers reported that they owed a tax penalty for 2014 for not signing up for health insurance, the Internal Revenue Service said. That amounted to roughly $1.5 billion in penalties. That was at least 1.5 million more taxpayers than the Obama administration expected to see paying penalties under terms of the Affordable Care Act, according to reported forecasts, and as much as triple what some officials had forecast. The number, however, will come down, as the IRS says 300,000 should have claimed an exemption to the penalty. Further, penalties for those who failed to...