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Keyword: costs

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  • Obamacare: 2016 sticker shock

    02/05/2016 2:30:52 PM PST · by HarleyLady27 · 24 replies
    Washington Examiner ^ | June 2, 2015 | Paige Winfield Cunningham
    Health insurers are proposing to raise Obamacare rates more than in the past - some by more than 70 percent - now that they are finally equipped with all the information they need to price those plans. Plans wanting to raise rates by at least 10 percent next year posted the proposed increase online Monday, as required by the 2010 healthcare law. Insurers are allowed to raise rates each year, but they must publish significant increases ahead of time. Insurers have sold plans in the law's new insurance marketplaces for two years in a row. But the difference in 2016...
  • Hillary Clinton: 'We now have driven costs down to the lowest they've been in 50 years'

    01/19/2016 2:29:21 PM PST · by Nachum · 42 replies
    politifact.com ^ | 1/18/16 | C. Eugene Emery Jr.
    During the Jan. 17 Democratic presidential debate, Hillary Clinton argued against, as she put it, doing away with Obamacare and trying to replace it with the type of single-payer system her primary opponent, Bernie Sanders, wants to implement. Attempts to do that when Democrats controlled the government failed, she noted, arguing that Obamacare has accomplished a lot. "We have the Affordable Care Act. Let's make it work," Clinton said. "We now have driven costs down to the lowest they've been in 50 years. Now we've got to get individual costs down. That's what I'm planning to do." Health care costs...
  • What refugees cost for a family of five: But what about our own people?

    12/28/2015 11:17:06 AM PST · by Sean_Anthony · 10 replies
    Canada Free Press ^ | Colin Alexander
    For the same money, we could help a hundred times as many refugees in existing camps Do refuges get more than our own people in need? Yes! Some are in hotels and getting $61 per day for food. But someone on welfare in Ontario gets just $10 per day to cover food, clothing and everything except accommodation. And tens of thousands of Aboriginal children live in conditions like what refugees are leaving, in remote settlements under boil-water advisory. Without even considering the immense relocation costs, for 25,000 refugees here’s a pro forma for the annual ongoing costs for a family...
  • Overhead costs exploding under ObamaCare, study finds

    05/28/2015 2:03:09 PM PDT · by Jim Robinson · 10 replies
    The Hill ^ | May 28, 2015 | By Sarah Ferris
    Five years after the passage of ObamaCare, there is one expense that’s still causing sticker shock across the healthcare industry: overhead costs. The administrative costs for healthcare plans are expected to explode by more than a quarter of a trillion dollars over the next decade, according to a new study published by the Health Affairs blog. The $270 billion in new costs, for both private insurance companies and government programs, will be “over and above what would have been expected had the law not been enacted,” one of the authors, David Himmelstein, wrote Wednesday. Those costs will be particularly high...
  • California´s soaring healthcare costs bode ill for the budget

    01/08/2015 11:02:39 PM PST · by Nachum · 44 replies
    L.A. Times ^ | 1/8/15 | Chris Megerian
    Sacramento — California´s budget, which bounced back after years of deficits, is now being squeezed by rising healthcare costs for the poor and for retired state workers. The mountain of medical bills threatens to undermine Gov. Jerry Brown´s efforts to strengthen state finances — his central promise of the past four years. Enrollment in the state´s healthcare program for the poor, known as Medi-Cal, has exploded by 50% since President Obama´s signature law took effect. Although the federal government picks up most of the tab, state costs have also been growing, and faster than expected. Meanwhile, the annual bill for
  • Does Harvard Hate Obamacare?

    01/07/2015 6:09:30 AM PST · by Academiadotorg · 23 replies
    Accuracy in Academia ^ | Malcolm A. Kline
    Harvard not only educated the president but has steadfastly supported not only him and even his more controversial policies, until now. “For years, Harvard’s experts on health economics and policy have advised presidents and Congress on how to provide health benefits to the nation at a reasonable cost,” Robert Pear reported in The New York Times on January 5, 2015. “But those remedies will now be applied to the Harvard faculty, and the professors are in an uproar.” “Members of the Faculty of Arts and Sciences, the heart of the 378-year-old university, voted overwhelmingly in November to oppose changes that...
  • Schumer: Feds should cover Ebola costs

    11/16/2014 5:20:37 AM PST · by wtd · 15 replies
    Leader-Herald ^ | 11/16/2014 | AP
    Schumer: Feds should cover Ebola costsALBANY, N.Y. (AP) — Sen. Charles Schumer says the federal government should reimburse New York City and Bellevue Hospital for costs related to Ebola. The Democrat says Sunday that more than $20 million has been spent on tracking health professionals and others arriving from Ebola-stricken countries and treating Dr. Craig Spencer, a physician who recovered from the illness after receiving treatment at Bellevue.
  • After One Year, Obamacare’s Biggest Achievement: Hiding Its Cost

    10/03/2014 2:06:16 PM PDT · by right-wing agnostic · 4 replies
    The Federalist ^ | October 3, 2014 | John Daniel Davidson
    In a speech yesterday at Northwestern University, President Obama declared that the Affordable Care Act is “working pretty well in the real world”—a claim he couldn’t have made this time last year. Now, armed with surveys of the uninsured rate and CBO reports, his administration can take credit for “good, affordable healthcare”—but only by citing choice data and dwelling on those parts of the law that disguise its defects as virtues. Still, that’s a big improvement from where the administration was last October. It’s been a year this week since the launch of healthcare.gov, the health insurance exchange website through...
  • Immigration Hype

    07/26/2014 5:27:55 AM PDT · by NaturalBornConservative · 36 replies
    Natural Born Conservative ^ | July 26, 2014 | Larry Walker, Jr.
    A Never-Ending Scheme:: By: Larry Walker, II ::According to the New York Times, “Hoping to stem the recent surge of migrants at the Southwest border, the Obama administration is considering whether to allow hundreds of minors and young adults from Honduras into the United States without making the dangerous trek through Mexico, according to a draft of the proposal.”And, “If approved, the plan would direct the government to screen thousands of children and youths in Honduras to see if they can enter the United States as refugees or on emergency humanitarian grounds. It would be the first American refugee effort...
  • Obamacare Glitch Blocks Woman’s Medicine

    05/25/2014 9:55:30 AM PDT · by John Semmens · 12 replies
    Semi-News/Semi-Satire ^ | 23 May 2014 | John Semmens
    Though she was successful signing up for one of the Affordable Care Act health insurance plans, Shelby Higdon has been unsuccessful in her quest to obtain medicine for her condition. The problem stems from a mismatch between her actual gender and what is recorded in the ACA computer files. An ACA employee who asked to remain anonymous explained that “Shelby is a man’s name. She can’t expect us to overlook that. Her mother’s complaint is especially galling. She could’ve prevented this years ago if she’d simply named her daughter Shelly—an obvious girl’s name.” “We’ll probably get this straightened out eventually,”...
  • PhRMA warns out-of-pocket costs could double under O-Care

    05/16/2014 9:53:40 AM PDT · by Nachum · 15 replies
    The Hill ^ | 5/16/14 | Ferdous Al-Faruque
    A new study commissioned by PhRMA finds that many consumers in ObamaCare’s insurance exchanges could end up paying more than twice as much in out-of-pocket drug costs. The report for the nation’s top drug lobby was conducted by actuarial firm Milliman, which found that people on the Silver Plan, the most popular ObamaCare plan, would likely pay 130 percent more for out-of-pocket prescription drugs compared to people on similar employer-sponsored plans. One reason why out-of-pocket costs are likely to be higher is because employer plans are more generous than typical Silver Plans, according to the report. However, the numbers don’t...
  • Insurers: Medicare Advantage cuts cost seniors $900 per year

    03/02/2014 8:51:20 AM PST · by Libloather · 17 replies
    The Hill ^ | 2/27/14 | Elise Viebeck
    The health insurance industry fighting proposed cuts to Medicare Advantage payments argued they will raise seniors' out-of-pocket costs next year. America's Health Insurance Plans (AHIP), a trade group, blasted the reductions with a report Thursday finding that beneficiaries could pay as much as $900 more in 2015 if the cuts take effect. The report by consulting firm Oliver Wyman concluded that Medicare Advantage (MA) plans could see a 5.9 percent total cut to their payments next year as a result of changes proposed by federal health officials. The Centers for Medicare and Medicaid Services (CMS) floated a 2015 cut of...
  • More Hidden Costs of ObamaCare Coming to Light (some subsidies will have to be paid back)

    01/02/2014 5:48:30 PM PST · by Libloather · 29 replies
    The New American ^ | 1/02/13 | Bob Adelmann
    **SNIP** In addition, there’s the hidden surprise waiting for those who are enjoying subsidies to help them pay for the insurance. If they have a “major life event” like getting married, or getting a raise or a promotion with a higher salary, not only could the subsidy disappear but any subsidy they enjoyed prior will have to be paid back. **SNIP** The clock is ticking as the November elections draw ever closer. Senate Democrats up for reelection who voted for the ACA are finding themselves facing unhappy constituents and newly energized challengers along with critical TV ads from conservative groups...
  • Obamacare poster designs

    12/15/2013 10:00:13 AM PST · by tsomer · 31 replies
    self ^ | 12/15/13 | Tom Sommerville
    Obamacare graphics: Making the abstract concrete.
  • Now available: Prices for every insurance plan offered on Healthcare.gov (GET IN HERE!)

    10/23/2013 12:30:03 PM PDT · by 2ndDivisionVet · 59 replies
    Hot Air ^ | October 23, 2013 | Allahpundit
    Someone stumbled across this spreadsheet on the ObamaCare website last night and it’s been zapping around Twitter ever since. Is this information … supposed to be public? I thought the whole point of forcing people to register before showing them the prices is that they didn’t want you to see how expensive the plans are until you’d already been lured with the promise of subsidies.
  • The Healthcare.gov Challenge

    10/02/2013 9:55:58 AM PDT · by Chris in VA · 20 replies
    Western Center for Journalism ^ | 10/2/13 | Chris McAllister
    However, in a recent speech in Maryland, Obama challenged Americans to go to “the website” to see how much money they could save under Obamacare. He said that once you do and find out how much you save, you’re going to sign up “even if you didn’t vote for me.” The website in question is www.healthcare.gov, and I did go to see how much money I could “save” under Obamacare.
  • The Two Million Dollar Man: Obama’s 2-Day South Africa Trip Cost $2.2 Million

    10/01/2013 7:49:43 AM PDT · by Nachum · 16 replies
    Free Beacon ^ | 10/1/13 | Elizabeth Harrington
    President Barack Obama’s two day trip to South Africa in June cost taxpayers more than $2.2 million on hotel room and rental car costs alone, according to documents released by the State Department on Sunday. All told, the trip cost as much as $100 million according to a pair of Republican House members. The first family’s trip to sub-Saharan Africa was criticized by Reps. Mark Meadows (R., N.C.) and Steve Stockman (R., Texas) in June for its high price tag in the wake of budget cuts due to sequestration, though the visit went on as planned. The president’s “VIP visit”...
  • Price Check! Healthcare on Aisle 4.

    09/30/2013 6:31:11 AM PDT · by Chris in VA · 10 replies
    Western Center for Journalism ^ | 9/28/13 | Chris McAllister
    To quote Obama – “…it turns out you’re going to save a hundred, two hundred, three hundred dollars a month on your insurance…” This is the lowering of costs that he and all liberals have been touting since the beginning of this entire health care debacle back in 2010. “We’re going to lower costs.” But the problem they do not mention is that they are only talking about premiums.
  • College Subsidies a Growing Problem: More money, more issues

    09/16/2013 6:37:02 AM PDT · by MichCapCon · 9 replies
    CapCon ^ | 9/12/2013 | Jarrett Skorup
    It seems counterintuitive to some people, but government subsidies can harm the very people they are meant to help. So it is with the way Michigan funds higher education. Consider that 12 percent of college graduates in 1970 came from the families in the bottom 25 percent of income earners, but today that number is 7 percent, according to Richard Vedder, director of the Center for College Affordability and Productivity at Ohio University and an adjunct scholar with the Mackinac Center for Public Policy. Meanwhile, the six-year graduation rate is about 55 percent. That is, nearly half of students do...
  • How Much Will a War With Syria Cost?

    09/07/2013 10:32:54 PM PDT · by garjog · 19 replies
    The Motley Fool ^ | September 7, 2013 | By Katie Spence
    ... each Tomahawk cruise missile likely to be fired on Syria costs an estimated $1.5 million each to replace. That's great news for Raytheon (NYSE: RTN ) , which builds the missile, but not for the Navy's budget. Plus, if the U.S. fires missiles, that'll add an additional $30 million per week for as long as the Navy's Nimitz and Truman are engaged in combat. Those costs may not seem like much when you factor in overall defense spending, but thanks to the nature of sequestration, the Navy, as well as the rest of the military, is hurting.