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Keyword: healthinsurance

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  • Major Blow to Obamacare Mandate: IRS Won't Reject Tax Returns That Don't Answer Health Insurance Q.

    02/15/2017 7:37:02 AM PST · by GonzoII · 41 replies
    reason.com ^ | |Feb. 14, 2017 | Peter Suderman
    The tax agency has stopped requiring individual filers to indicate whether they maintained health coverage or paid the mandate penalty as required under the law How much difference does a single line on a tax form make? For Obamacare's individual mandate, the answer might be quite a lot. Following President Donald Trump's executive order instructing agencies to provide relief from the health law, the Internal Revenue Service appears to be taking a more lax approach to the coverage requirement. The health law's individual mandate requires everyone to either maintain qualifying health coverage or pay a tax penalty, known as a...
  • Why Obamacare's "20 Million Insured" Number Is Fake

    01/17/2017 9:12:01 AM PST · by SeekAndFind · 27 replies
    Zero Hedge ^ | 01/17/2017 | Submitted by Genevieve Wood via DailySignal.com
    Liberals are notorious for caring about “groups” of people, but when it gets down to individual persons, not so much. You’re about to see this play out in spades as Democrats cry crocodile tears over the coming repeal of Obamacare.You hear it over and over again: “This will be catastrophic for the 20 million people who were previously uninsured but now have coverage! You can’t take away their health care!”First of all, no one is talking about doing that. Any repeal legislation will have a transition period for those who got coverage through Obamacare to move to new plans. And...
  • What Comes After Repeal? How to Fix American Health Care, Part 2

    01/16/2017 8:57:02 PM PST · by Tolerance Sucks Rocks · 23 replies
    The Daily Signal ^ | January 13, 2017 | Jim DeMint
    Thursday, I laid out the case for why Obamacare should be repealed, instead of propped up and tinkered on by additional top-down, boardroom thinking. Its clear that whatever replaces Obamacare must focus on quality and incremental local solutions, not one-size-fits-all government mandates.In this respect, the federal governments biggest task for replacing Obamacare is to get out of the way and let state policymakers and health care providers innovate.First off, lets get clear what Americans want: Theyd like many choices of affordable health insurance plans that allow them to choose their doctors. They want to buy a plan when they are...
  • Repealing Obamacare Is Just the Start: How to Fix American Health Care, Part 1

    01/13/2017 12:28:08 PM PST · by Tolerance Sucks Rocks · 22 replies
    The Daily Signal ^ | January 12, 2017 | Jim DeMint
    Obamacare, the lefts grand attempt to create a national government-run health care system, has failed. They promised lower health insurance premiums, but delivered higher ones. They promised more choice and competition, but delivered less. They promised continuity and better access to care, but delivered disruption and dislocation. Despite promises that people could keep their plans and doctors, thousands of Americans were forced into more expensive insurance with higher deductibles and plans that didnt include their doctors. After spending billions in tax dollars, Obamacare managed to increase the number of people with health insurance by much less than predictedwith over 80...
  • True Catastrophic Health Insurance Options

    10/26/2016 10:05:12 AM PDT · by Degaston · 14 replies
    Ok folks, where can we find true catastrophic health insurance? I'm looking for a low cost option that will preferably have a 25K-30K deductible, do the traditional exclusions, and provide real protection in case some catastrophic health event occurs. Specifically I'm in the Republic of Texas, which might have to secede from the Union if this baloney doesn't change :( Oh yes it will not be "Affordable Care Act" (ACA) compliant. But with premiums rising through the roof that law is now essentially a 2.5% tax on anyone healthy by the year 2018. Can you say "Oh Bum No Care"?...
  • Obama on soaring health insurance premiums: I had nothing to do with that

    10/21/2016 10:45:40 AM PDT · by Sean_Anthony · 22 replies
    Canada Free Press ^ | 10/21/16 | Dan Calabrese
    ObamaCare has had a disastrous effect on the health insurance market in this country, and it takes a hell of a lot of nerve for this guy to stand there and say it couldn't possibly have anything to do with him Sure, its classic Obama deflection. He could probably smear dog crap on the bottom of your shoe and somehow make the case that it was all because of Republicans. He is that brazen. But its also a classic case of something Obama shares with many other liberals - the utter failure to understand that when the government messes around...
  • House Bill Protects Members of 17 Failed Obamacare CO-OPs from Uninsured Penalty

    10/09/2016 12:18:54 PM PDT · by george76 · 5 replies
    CNS News ^ | October 7, 2016 | Barbara Hollingsworth
    The House of Representatives has passed a bill to protect more than 800,000 former members of 17 failed Obamacare CO-OPs from having to pay a penalty for being uninsured when they file their 2016 tax returns. The CO-OP Consumer Protection Act (H.R.954), which passed last week on a 258-165 vote, would amend the Internal Revenue Code of 1986 to exempt from the individual mandate certain individuals who had coverage under a terminated qualified health plan funded by the Consumer Operated and Oriented Plan (CO-OP) program. Some of the failed non-profit CO-OPs - which American Action Forum president Douglas Holtz-Eakin called...
  • IRS to target 20 million Americans who didn't buy Obamacare

    09/23/2016 11:02:21 AM PDT · by amorphous · 30 replies
    Wordnet Daily ^ | 23 Sep 2016
    Are you one of 20 million uninsured Americans who hasnt signed up for Obamacare? Then you might be getting a note from the IRS this year suggesting you enroll. Getting a letter from the IRS can be a threatening and nerve-racking experience; it seldom is seen as a suggestion and more of a threat, Galen Institute President Grace-Marie Turner wrote in a Forbes column Wednesday. The IRS is reportedly reaching out to Americans who claimed an exemption or chose to pay the tax penalty for not purchasing mandatory health insurance. The ploy is intended to attract Obamacare enrollees. The government...
  • Letter from Senator Merkely D Oregon

    09/21/2016 12:45:46 PM PDT · by thirst4truth · 23 replies
    Senator Merkley office | 9/21/2016 | Senator Merkley
    Oregon's Senator Jeff Merkley Dear Diana, Thank you for contacting me to express your concerns about the rising cost of health insurance premiums in Oregon. I appreciate hearing from you and having the opportunity to share my perspective. I believe the Affordable Care Act (ACA) is a vast improvement over the system we had before. Even with higher premiums in 2017 than during the first three years of the marketplace, premiums continue to rise at an historically low rate, far below where they were predicted to be if the pre-ACA trend of premium increases had continued. Millions of Americans are...
  • The Health Insurance Companies Are Scamming America

    09/20/2016 1:29:53 PM PDT · by Kaslin · 17 replies
    Townhall.com ^ | September 20, 2016 | Hal Scherz
    The Obamacare insurance co-ops have collapsed. Of the original 23, only three are expected to survive past 2017. The insurance companies are losing hundreds of millions of dollars on the healthcare insurance exchanges. Their reaction is to pull out of a number of them in order to reduce their exposure; a process they repeatedly employ to shed under-performing products called purging. To make up for these losses, insurers are expected to raise 2017 premiums across the board on all policies. The Kaiser Foundation expects an average increase of nine percent for policies on the exchanges, but in the individual market,...
  • For the first time, a county in America has lost all of its Obamacare insurers

    08/23/2016 4:59:36 AM PDT · by snarkpup · 46 replies
    Business Insider ^ | Aug. 22, 2016, 10:08 AM | Bob Bryan
    Cox told Business Insider that the situation in Pinal County will likely raise calls for a public option, or a government-run health insurance option similar to Medicare or Medicaid.
  • Big 3 Insurance Flip Obamacare the Bird

    08/22/2016 9:18:16 AM PDT · by Kaslin · 35 replies
    Townhall.com ^ | August 22, 2016 | Katie Kieffer
    UnitedHealthcare, Humana—and now Aetna—are abandoning Obamacare exchanges because they’re unprofitable. Meanwhile, for the first time in 10 years, the U.S. death rate has increased. CDC researcher Andrew Fenelon told the Associated Press: “…it is quite rare to see it [a death rate increase] for the whole population. … Many countries in Europe are witnessing declines in mortality, so the gap between the U.S. and other countries is growing.” For 80 percent of the past decade, President Obama has been president. Obamacare was unconstitutionally rammed through Congress on Christmas Eve of 2009. Isn’t it interesting that in 2016—with Obamacare in full...
  • Illinois insurers seek premium hikes of up to 45 percent

    08/03/2016 9:39:32 AM PDT · by Brad from Tennessee · 26 replies
    Chicago Tribune ^ | August 2, 2016 | Associated Press
    CHICAGO--Health insurance premiums for Illinois residents who buy coverage through the Affordable Care Act's marketplace could increase by as much as 45 percent according to proposals submitted by insurers and made public Monday. The leading insurer on Illinois' exchange, Blue Cross Blue Shield, is proposing increases for 2017 ranging from 23 percent to 45 percent for individual health care plans, according to proposals posted by Heathcare.gov. Another insurer, Coventry Health Care of Illinois, proposed rate increases as high as 21 percent. Harken Health Insurance Company has proposed a nearly 29 percent hike in individual premiums and Health Alliance Medical Plans...
  • Court Strikes Down Obama Health Care Rule on Insurance Standards

    07/05/2016 6:50:58 PM PDT · by reaganaut1 · 17 replies
    New York Times ^ | July 5, 2016 | ROBERT PEAR
    WASHINGTON A federal appeals court has ruled that consumers must be allowed to buy certain types of health insurance that do not meet the stringent standards of the Affordable Care Act, deciding that the administration had gone beyond the terms of federal law. The court struck down a rule issued by the Obama administration that barred the sale of such insurance as a separate stand-alone product. Disagreeing with Congresss expressly codified policy choices isnt a luxury administrative agencies enjoy, the United States Court of Appeals for the District of Columbia Circuit said on Friday in a decision that criticized...
  • New York Health Insurers on Obamacare Exchange Seeking Massive Rate Hikes

    05/23/2016 7:19:40 AM PDT · by rustyweiss74 · 16 replies
    The Mental Recession ^ | 05/23/2016 | Rusty Weiss
    Insurers on the New York health exchange are requesting rate hikes averaging in excess of 17%, with UnitedHealthcare going as high as a whopping 45.6%. UnitedHealthcare has already announced that they would exit most of the Affordable Care Act state exchanges in which they operate in 2017, New York being one of the few exceptions. The biggest health insurer in the country announced that it lost $475 million on the ACA exchanges last year and could lose another $500 million this year. They explained that states in which they would continue to serve like New York would be...
  • Military Families Are Getting Shafted By Public Health Insurance

    05/17/2016 8:42:57 AM PDT · by Sean_Anthony · 4 replies
    Canada Free Press | 05/17/16 | Megan Barth
    TRICARE should admit wrongdoing and pay past due amounts to the UVP states It is no secret that Americas veterans are getting the shaft. We have seen these troubling headlines: A fatal wait: Veterans languish and die on a VA hospitals secret list Veteran dies after setting himself on fire outside New Jersey VA clinic The stories behind these and similar headlines reveal that America has not lived up to its promise to care for him who shall have borne the battle and for his widow and orphan. In fact, military families, specifically the children of military families, face similar...
  • Woman who ran Obamacare warns of BIG insurance prices hikes

    04/22/2016 3:31:32 PM PDT · by george76 · 21 replies
    CNBC ^ | 4/22/2016 | Dan Mangan
    Marilyn Tavenner's crystal ball didn't foresee the initial epic flop of HealthCare.gov when she actually ran the agency in charge of the website. Now, as an insurance lobbyist, she sees big jumps in Obamacare insurance premiums next year. ... HealthCare.gov was a disaster when it launched in the fall of 2013, and was essentially unable to sign up meaningful numbers of customers ... customers, and new ones, could be hit with sticker shock when it comes to enrolling in 2017 plans, which go on sale next fall. ... Tavenner also noted that there has been "churn" among plan customers, with...
  • The 8 Obamacare Co-Ops Most Likely To Fail This Year

    04/13/2016 3:19:56 PM PDT · by EVO X · 8 replies
    Daily Caller ^ | 04/10/16 | richard-pollock
    Eight of the 11 remaining Obamacare health insurance co-ops appear likely to fail this year, according to an analysis of financial documents obtained by The Daily Caller News Foundation. Twelve of the original 23 federally-financed co-ops have already collapsed. The co-op program was funded with $2.5 billion in 2010. In general, theres not a turnaround in sight. The same problems that plagued them before are continuing, Thomas P. Miller, senior fellow at the American Enterprise Institute who previously served as the senior health economist for the congressional Joint Economic Committee, told TheDCNF.
  • Obamacare's Tax-Time Torment

    03/16/2016 3:36:31 AM PDT · by Kaslin · 18 replies
    Townhall.com ^ | March 16, 2016 | Michelle Malkin
    "Where is my 1095-A? This is what it must be like dealing with a government agency in a third world country." That was the lament on Twitter of just one poor citizen this week trying to get his tax records in order. Nationwide, hard-working Americans are struggling to meet the April 18 IRS filing deadline. Standing in the way: the bumbling Obamacare bureaucracy. In Minnesota, an estimated 18,000 people who were on health insurance plans last year offered through MNsure, the state Obamacare health insurance exchange, still haven't received their 1095-A form. It's the "health insurance marketplace statement" required to...
  • Christians Flock to Groups That Help Members Pay Medical Bills

    03/10/2016 6:55:50 AM PST · by reaganaut1 · 28 replies
    New York Times ^ | March 10, 2016 | ABBY GOODNOUGH
    SAN ANTONIO When Chris Doyle learned that his health insurance deductible would climb to $10,000 last year, he and his wife, both evangelical Christians, spent a couple weeks just praying, he said. Then they opted out of insurance altogether, joining something called a health care sharing ministry, which requires members to help cover one anothers major medical costs as they come up. While such nonprofit ministries have been around for decades, interest in them has grown since the Affordable Care Act passed in 2010, largely because the law exempts members from the requirement to have health insurance or pay...
  • Licking Wounds, Insurers Accelerate Moves To Limit Health-Law Enrollment

    02/04/2016 2:30:57 PM PST · by Oldeconomybuyer · 9 replies
    Kaiser Health News ^ | February 4, 2016 | By Jay Hancock
    Stung by losses under the federal health law, major insurers are seeking to sharply limit how policies are sold to individuals in ways that consumer advocates say seem to discriminate against the sickest and could hold down future enrollment. In recent days Anthem, Aetna and Cigna, all among the top five health insurers, told brokers they will stop paying them sales commissions to sign up most customers who qualify for new coverage outside the normal enrollment period, according to the companies and broker documents. Last year, these "special enrollment" clients were much more expensive than expected because lax enforcement allowed...
  • Health insurance fines loom as deadline nears

    01/28/2016 7:56:23 AM PST · by george76 · 44 replies
    Ch 7 News ^ | Jan 28, 2016 | Jason Gruenauer
    Sunday is the deadline to sign up for health insurance, or else pay a fine. That fine has gone up, causing even more financial stress on the uninsured and those who choose to opt out of health insurance. "I just cannot afford it in any way, shape, or form right now," 27-year-old Seth Valkonen said when talking about health insurance. Valkonen chooses to be uninsured by paying a one time fine for not having coverage instead of a monthly premium. "The penalty is cheaper than the overall total for the entire year," he said, Already on a tight budget, this...
  • Ted Cruz reveals he doesn't have health insurance

    01/22/2016 8:16:34 AM PST · by SeekAndFind · 131 replies
    Politico ^ | 01/22/2016 | Nick Gass
    Ted Cruz revealed on Thursday that he is not currently covered by any health insurance, chalking up the lack of coverage to Obamacare. "I'll tell you, you know who one of those millions of Americans is who's lost their health care because of Obamacare? That would be me," Cruz told a Manchester, New Hampshire, audience. "I don't have health care right now." Cruz explained that he had purchased an individual policy and that Blue Cross and Blue Shield of Texas had canceled all of its individual policies in Texas, effective Dec. 31. Cruz and his wife, Heidi, who is on...
  • EXCLUSIVE: Newt Gingrich: ‘The Country Is in Rebellion,’ Trump Can ‘Kick Down the Doors’

    12/11/2015 3:46:09 PM PST · by RoosterRedux · 61 replies
    breitbart.com ^ | Patrick Howley
    Newt Gingrich told Breitbart News that the country is in rebellion against the coastal power centers and that Donald Trump might be the candidate who can "kick down the doors" of the establishment. Former House speaker Gingrich weighed in on Trump's rise. "I think he represents a different era" in the same conservative movement, Gingrich said. "The system has become so incompetent and outrageously buracratic. The centers of power are so, so in New York, Washington, D.C., and Los Angeles, that the whole rest of the country is in rebellion. And people are looking for somebody who can kick down...
  • LONE PROFITABLE ACA INSURANCE CO-OP LOSING MILLIONS (Maine)

    12/10/2015 6:25:29 PM PST · by dynachrome · 10 replies
    AP ^ | 12-10-15 | TOM MURPHY
    The lone health insurance cooperative to make money last year on the Affordable Care Act's public insurance exchanges is now losing millions and suspending individual enrollment for 2016. Maine's Community Health Options lost more than $17 million in the first nine months of this year, after making $10.9 million in the same period last year. A spokesman said higher-than-expected medical costs have hurt the cooperative.
  • By The Way, White House is Trying to Bailout Health Insurance Companies

    12/09/2015 5:13:49 PM PST · by Kaslin · 20 replies
    Townhall.com ^ | December 9, 2015 | Katie Pavlich
    When Obamacare was rammed through Congress without a single Republican vote way back in 2010, conservatives warned that the massive government program would ultimately require bailing out health insurance companies that gladly signed on. Fast forward five years and it's that time. Today on Capitol Hill, lawmakers are being pressured by the White House to provide money, or a bailout, to insurance companies losing money due to running government Obamacare exchanges. From The Hill:  White House desperately trying to add insurance company bailout to tax extenders bill. https://t.co/CUVd2IYFRC pic.twitter.com/EIwKuvJm2Y— Phil Kerpen (@kerpen) December 9, 2015 Republicans and Democrats are close...
  • Obamacare Penalties Will Cost More Than Health Coverage for Millions

    12/09/2015 1:06:03 AM PST · by Up Yours Marxists · 15 replies
    Bloomberg ^ | December 9, 2015 07:00 UTC | John Tozzi
    Link only due to copyright.
  • America's Largest Health Insurance Company: Obamacare Has Been a Bad Decision For Us

    12/02/2015 2:23:28 PM PST · by Kaslin · 27 replies
    Townhall.com ^ | December 2, 2015 | Katie Pavlich
    The third open enrollment period for Obamacare is currently underway ahead of the New Year and the CEO of America's largest health insurance is expressing regret for getting involved in the government mandated entitlement program. From Bloomberg (bolding is mine):
  • World View: Obamacare in Death Spiral as UnitedHealth Announces Pullout

    11/21/2015 11:13:13 AM PST · by Beave Meister · 10 replies
    Breitbart ^ | 11/20/2015 | John J. Xenakis
    UnitedHealth Group, the country’s largest health insurer, announced on Thursday that it was expecting to lose $600 million on Obamacare policies in 2016 from the health insurance exchange websites, and may terminate its Obamacare business by 2017. This was a sudden turnabout for the company. It was just a month ago that the company had said in an earnings call that they expected to expand their Obamacare coverage in 2017. According to Dave Wichmann, president and CFO, on October 15: The annual care ratio is being modestly affected by the performance of our new [Obamacare] public exchange benefit programs which...
  • New ObamaCare angst as top insurer threatens to bail - payout to insurers is .13 on every $1.00

    11/20/2015 3:56:44 AM PST · by Cincinatus' Wife · 59 replies
    The Hill ^ | November 20, 2015 | Sarah Ferris
    A threat by the nation's largest health insurer to pull out of ObamaCare is a sign of the industry's growing angst about the viability of the federal exchanges, sources close to the industry say. UnitedHealthcare's warning sent new shockwaves across the healthcare sector after weeks of mounting anxiety among private insurers whose participation in the exchanges is critical to the viability of the president's signature law. In the last month alone, insurers have learned that the Obama administration has significantly lowered its expectations for new customers and will have far fewer federal dollars to help cushion insurer losses. "We've been...
  • ObamaCare's Brutal Individual Mandate Test Begins

    11/08/2015 6:39:41 AM PST · by george76 · 20 replies
    Investor's Business Daily ^ | 11/06/2015 | JED GRAHAM
    The just-started enrollment period for ObamaCare exchange plans in 2016 is likely to yield one of two dismal outcomes. In the first, enrollment soars as people sign up in droves for the cheapest plan available to avoid the individual mandate tax penalty, whose minimum bite will spike from $325 to $695. Although the law's strongest backers might celebrate this, it's not clear why: Millions of modest-income individuals who opt for bronze would get policies with deductibles as high as $6,850. Yet the Obama administration's own analysis reveals that among those still uninsured, 80% have less than $1,000 in savings. Thus,...
  • I'm Saving $950 Per Month On Health Insurance!

    11/01/2015 6:48:07 AM PST · by appeal2 · 31 replies
    www.FinancialSurvivalNetwork.com ^ | November 1, 2015 | Kerry Lutz
    I interviewed Dale Bellis the person who's taking health cost sharing to the next level. It's becoming a movement and way to avoid the ravages of Obamacare and rising health care expenses. Liberty Health Share is defined as a Health Care Sharing Ministry and is specifically exempted from Obamacare. I signed up in August of this year and I'm saving $950 per month off my health coverage since I found LibertyHealthShare. I now pay $199 per month, have a $500 deductible and am covered for up to $1 million per incident. And best of all no Obamacare! Click Here To...
  • Is Short Term Insurance the Answer? (Obamacare)

    11/01/2015 5:41:13 AM PST · by CA_soon_gone · 42 replies
    self
    My wife and I are early 60s retired, not yet on Medicare. The new Obamacare prices are out today and our monthly cost went from $1k/month to $1.9k/month. This is clearly over the 8% of income hardship limit for us so I should not have to pay any tax penalty for not buying Obamacare. I'd like to not completely be without some form of catastrophic coverage. Recently I've been researching short term health insurance. I can get a six month policy with lower deductibles than the Ocare for about $300/month. Am I missing something. Anyone else going this route?
  • Another One Bites the Dust: Ninth Obamacare Co-Op Implodes

    10/27/2015 1:23:53 PM PDT · by george76 · 16 replies
    Townhall ^ | Oct 27, 2015 | Guy Benson
    A South Carolina health insurer has become the ninth insurance cooperative formed nationwide under the Affordable Care Act to fold. Consumers' Choice Health Insurance Co. said Thursday that it will not sell policies in 2016, a decision that will leave 67,000 individuals and business customers looking for new coverage. Ray Farmer, director of the South Carolina Department of Insurance, said Consumers' Choice and state regulators reached a mutual decision to shut down the company's business. He said the company was in a "financially hazardous condition." ... a solid new slogan for the entire law. The New York Times analyzes the...
  • Average premiums to rise 7.5 percent on key ObamaCare plan

    10/27/2015 8:04:15 AM PDT · by george76 · 18 replies
    The Hill ^ | 10/26/15 | Sarah Ferris
    The price of the benchmark ObamaCare plan will jump by 7.5 percent on average next year, according to data released Monday. The premium increase is far more than last years 2 percent jump among benchmark silver plans. Those plans, the second-lowest cost option among silver plans, are important because they determine healthcare subsidies for people living in that area, even if they pick a different tiered plan. ... The increase for next year does not take into account the billions of dollars in government subsidies that are given to people on the exchanges. It also doesnt include the dozen state...
  • Two more Obamacare health insurance plans collapse

    10/16/2015 4:11:27 PM PDT · by nuconvert · 20 replies
    Washington Post ^ | Oct. 16, 2015
    Nearly a third of the innovative health insurance plans created under the Affordable Care Act will be out of business at the end of 2015, following announcements Friday that plans in Oregon and Colorado are folding. In just the past week, four co-ops, as the nonprofit plans are known, have decided or been ordered to shut down. Their demise means that eight of the 23 co-ops in existence a year ago will be unavailable to consumers shopping for 2016 coverage through insurance marketplaces created under the ACA
  • Nearly 200,000 Colorado Health Plans to be Canceled Despite Obamacare Extension

    03/14/2015 4:54:33 AM PDT · by Mount Athos · 15 replies
    PJ tattler ^ | March 13, 2015 | Bridget Johnson
    Colorado Sen. Cory Gardner (R) said hes utterly appalled by the Colorado Division of Insurance decision to cancel 190,000 health plans that dont comply with Obamacare regulations even though they have the authority to continue the old plans for another year under grandfathering rules announced last year. Coloradans were promised by supporters of this healthcare law that if they liked their plans, they could keep their plans, he said. DOI should follow through on that promise, and prove that last years extension wasnt simply an empty election year ploy to fool people into believing they were going to be...
  • Largest health insurer on Colorado exchange collapses (obozocare)

    10/16/2015 1:13:02 PM PDT · by dynachrome · 28 replies
    Reporter Herald ^ | 10-16-15 | Kristen Wyatt
    Colorado's biggest nonprofit health insurer announced its closure Friday, forcing nearly 83,000 Coloradans to find a new insurer for 2016. Colorado HealthOP announced Friday that the state Division of Insurance has de-certified it as an eligible insurance company. That's because the cooperative relied on federal support, and federal authorities announced last month they wouldn't be able to pay most of what they owed in a program designed to help health insurance co-ops get established. The Colorado announcement makes the co-op the seventh in the nation to collapse. Similar nonprofit insurers have already failed in Kentucky, Louisiana, Iowa/Nebraska, Nevada, New York...
  • Federally employed same sex couples lose health insurance for kids unless they marry

    10/06/2015 5:42:26 PM PDT · by SeekAndFind · 15 replies
    Hotair ^ | 10/06/2015 | Jazz Shaw
    File this one under unintended consequences. Since the Supreme Court’s national mandate on gay marriage there has been plenty of partying going on in the rainbow coalition, but the good times may be coming to an end for some couples. Federal employees in same sex domestic partnerships (read: what we used to call “living together in sin” for traditional couples) will no longer be able to get health insurance for their partner’s children unless they “put a ring on it.” (Washington Post) The Obama administration reversed a policy Monday that had allowed unmarried federal employees and retirees in same-sex...
  • Health insurance provider Colorado Access cutting Medicare coverage for coming year

    10/03/2015 7:29:00 AM PDT · by george76 · 5 replies
    NYC Today ^ | 10/02/2015 | Diane Hoffman
    Health insurance provider Colorado Access is going to cut Medicare coverage for the coming year. As a result of the move around 5,500 senior and disabled customers will have to look for alternatives. Chief operating officer of Colorado Access, Matt Case has said that the Denver-based nonprofit will also let go 83 employees who were a part of Colorado Access Medicare and its subsidiary Access Health Colorado. Besides this, extra 40 openings will remain unfilled. Case said that Colorado Access has also drawn down administrative expenses, cutting down the salaries of its executive teams. Case said, While it's never easy...
  • 33 Million Americans Still Dont Have Health Insurance {Here's Who the uninsured are]

    09/28/2015 1:41:19 PM PDT · by SeekAndFind · 31 replies
    FiveThirtyEight ^ | 09/28/2015 | By ANNA MARIA BARRY-JESTER and BEN CASSELMAN
    Nearly 9 million people gained insurance last year, a win for “Obamacare” as the president’s signature health care law expanded Medicaid and opened health insurance exchanges. And yet, 33 million Americans, 10.4 percent of the U.S. population, still went without health insurance for the entirety of 2014. Millions more were uninsured for at least part of the year.1 New data released this month shows they were disproportionately poor, black and Hispanic; 4.5 million of them were children.It isn’t a surprise that some Americans still don’t have health insurance. Despite aiming to insure “everybody” in the U.S., the Affordable Care...
  • Health Premiums Have Climbed $4,865 Since Obama Promised to Cut Them $2,500

    09/24/2015 3:49:39 AM PDT · by IBD editorial writer · 46 replies
    Investor's Business Daily ^ | 9/23/2015 | John Merline
    Employer-based health insurance premiums climbed 4.2% this year for family plans, according to an annual Kaiser Family Foundation report. That's up from 3% the year before. Since 2008, average family premiums have climbed a total of $4,865.
  • Mizzou profs. cancel classes to support grad student protest ( Health insurance subsidy )

    08/30/2015 7:36:14 AM PDT · by george76 · 5 replies
    Campus Reform ^ | Aug 25, 2015 | Peter Fricke
    Graduate students at MU will demonstrate for larger stipends and university-subsidized housing and child care. Professors plan to cancel classes in order to attend the rally in support of their teaching assistants. An upcoming rally by graduate students at the University of Missouri (MU) demanding increased pay and benefits will likely provide undergraduate students with an unexpected break from their classes. Several MU professors plan to cancel classes Wednesdayjust two days after the beginning of the fall semesterin order to attend the rally in support of their teaching assistants, who are demonstrating for larger stipends and university-subsidized housing and child...
  • Analysis: 1 in 4 employers hit with Obamacare tax

    08/25/2015 7:18:17 AM PDT · by george76 · 20 replies
    Examiner ^ | 8/25/15 | PAIGE WINFIELD CUNNINGHAM
    One out of four U.S. employers may soon face a steep new Obamacare tax on the insurance coverage they offer workers, unless they take steps to reduce overall spending on the plans. A new analysis released Tuesday by the Kaiser Family Foundation found that 26 percent of employers offer health benefits that could be subject to the Affordable Care Act's "Cadillac" tax on high-cost plans when it starts in 2018. The tax kicks in when the total spending on a health plan including the employer and employee premium contributions exceeds $10,022 for an individual or $27,500 for a...
  • Rocky road for insurance carrier (Colorado)

    08/10/2015 7:40:57 AM PDT · by dware · 6 replies
    GJ Sentinel ^ | 08.09.2015 | Greg Ruland
    An explosion in the number of Coloradans signing up for medical insurance during the last 18 months shook up the states health insurance market and severely strained Rocky Mountain Health Plans bottom line. The federal government will soon funnel nearly $70 million to the Grand Junction-based carrier, a move that will help make up for some of those losses. But a significant rate increase for some of the more than a quarter-million members of RMHP could be on the horizon. The rise in coverage brought about by the Affordable Care Act has insurers around the country adjusting premium rates to...
  • Questions about COBRA

    08/04/2015 9:56:29 AM PDT · by incredulous joe · 32 replies
    4 August, 2015 | Incredulous Joe
    Greetings Freeper Friends, I hope that someone might be able to help me out or guide me to a source where I might find answers. A few years back, at the height of the economic turmoil, I had to do something drastic; I changed my career of some 20-plus years from a graphic designer and art director to a nurse's aide. It was a big move down the economic ladder. I did this because of the lack of the stability in my field; I could no longer recruit new clients and, when I did work for folks, I could not...
  • If Gov. Kasich is on the Republican ticket, Obamacare repeal is off the table

    07/24/2015 9:52:10 AM PDT · by george76 · 10 replies
    Watchdog ^ | July 21, 2015 | Jason Hart
    Republicans can forget about campaigning against Obamacare in 2016 if Ohio Gov. John Kasich is on the partys presidential ticket. Conventional wisdom says Kasich will need to explain his Obamacare Medicaid expansion to Republican primary voters but hes been explaining it for two years. Thats the problem: most of Kasichs arguments for Medicaid coverage for working-age adults with no kids and no disabilities sound like they were written by Democratic strategists. The longer Kasich is in the presidential race, the greater the potential for Democrats to capitalize on Kasichs promotion of Obamacare. ... The governor told the Ohio General...
  • The Problem With HealthcarePart 1

    07/24/2015 9:08:27 AM PDT · by Oldpuppymax · 3 replies
    Coach is Right ^ | 7/24/15 | Michael D. Shaw
    As we approach the 50th anniversary of President Lyndon Johnson signing the Medicare bill into law (July 30th), what better time to consider the seemingly intractable problem of healthcare? FDR tried to include a federal health insurance component into the Social Security Act of 1935, but backed off. Harry Truman, his successor, took up the cause again in 1945, 1947, and 1949. JFK would pick up the banner in 1961. During the 1965 signing, LBJ called the 81-year-old Truman the real daddy of Medicare, and presented him and his wife Bess with the first two Medicare cards. With the passage...
  • 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...
  • Obamacare Has Never Been about Anything Affordable for You

    07/09/2015 1:16:15 PM PDT · by Rona Badger · 21 replies
    The American Medical Money Machine ^ | July 9, 2015 | TAMMM Staff
    After the Supreme Court ruled in his favor, Obama strode into the Rose Garden and just made stuff up. Straight-faced, he said families are paying about $1,800 less per year on average now. But government actuaries tell the real story that the ACA has increased the average familys yearly healthcare costs by around $800. When 2016 rolls around, the insurers will be jacking up prices20 to 40 percent or more because the marketplaces have failed to attract those healthy young people they desperately need. So buckle up. Here come the price increases. The public is now joining our Veterans who...