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Keyword: healthinsurance

Brevity: Headers | « Text »
  • 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. ďIn general, thereís not a turnaround in sight. The same problems that plagued them before are continuing,Ē 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 ó When Chris Doyle learned that his health insurance deductible would climb to $10,000 last year, he and his wife, both evangelical Christians, ďspent a couple weeks just praying,Ē he said. Then they opted out of insurance altogether, joining something called a health care sharing ministry, which requires members to help cover one anotherís 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: ‚ÄėThe Country Is in Rebellion,‚Äô Trump Can ‚ÄėKick Down the Doors‚Äô

    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‚ÄĒ 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 yearís 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 doesnít 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 heís ďutterly appalledĒ by the Colorado Division of Insurance decision to cancel 190,000 health plans that donít comply with Obamacare regulations ó even though they have the authority to continue the old plans for another year under grandfathering rules announced last year. ďColoradans were promised by supporters of this healthcare law that if they liked their plans, they could keep their plans,Ē he said. ďDOI should follow through on that promise, and prove that last yearís extension wasnít 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‚Äôs 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 ‚Äúliving together in sin‚ÄĚ for traditional couples) will no longer be able to get health insurance for their partner‚Äôs children unless they ‚Äúput a ring on it.‚ÄĚ (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, ďWhile it's never easy...
  • 33 Million Americans Still Donít 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 ¬ďObamacare¬Ē as the president‚Äôs 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¬ít a surprise that some Americans still don‚Äôt have health insurance. Despite aiming to insure ¬ďeverybody¬Ē 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 Wednesdayójust two days after the beginning of the fall semesteróin 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 ó including the employer and employee premium contributions ó 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 stateís health insurance market and severely strained Rocky Mountain Health Plansí 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 partyís presidential ticket. Conventional wisdom says Kasich will need to explain his Obamacare Medicaid expansion to Republican primary voters ó but heís been explaining it for two years. Thatís the problem: most of Kasichís 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 Kasichís promotion of Obamacare. ... The governor told the Ohio General...
  • The Problem With HealthcareĖPart 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 ďthe real daddy of Medicare,Ē 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 familyís yearly healthcare costs by around $800. When 2016 rolls around, the insurers will be jacking up pricesó20 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...
  • Multiple Factors At Work As Many Brace For Higher Health Insurance Premiums In 2016

    07/05/2015 3:08:32 PM PDT · by Iron Munro · 13 replies
    Tampa Bay Times ^ | July 3, 2015 | Kathleen McGrory
    The Affordable Care Act has weathered its share of punches in recent weeks, including a Supreme Court challenge that could have led to its unraveling. Its next bout could hit consumers in the pocketbook. In Florida, several big-name insurance providers ó including Aetna, Cigna, Coventry and United Healthcare ó have already proposed double-digit rate increases for individual health insurance plans, federal records show. The figures are not final, and they represent only a slice of the plans available on the individual insurance market. (Companies requesting single-digit hikes don't have to publish their rates until later in the year.) But experts...
  • Our New Godzilla: Health Insurance Consolidation

    07/02/2015 12:24:51 PM PDT · by Rona Badger · 10 replies
    The American Medical Money Machine ^ | July 2, 2015 | TAMMM Staff
    There are five major medical insurers in America and soon there may be only three. What does this health insurance consolidation mean for the future of healthcare? Clearly, the sacred and confidential nature of the relationship between doctor and patient is history. Big Money has moved in to stay. The medical insurance 500 pound gorilla is about to consolidate into an even more intrusive and dense trust whichóas with the banksówill be too big to fail and far too big to control. Few know that during the debate over the Affordable (Unaffordable) Care Act, there were eight lobbyists for each...
  • How Obamacare could lead inadvertently to free market health care

    07/02/2015 4:34:43 AM PDT · by Marcus · 19 replies
    Houston Politics Examiner ^ | July 2, 2015 | Mark R. Whittington
    The presidentís chest thumping boasting to the contrary, Obamacare is still a mess that has caused health insurance premiums and deductibles to skyrocket. Some advocates of Canadian-style single-payer systems, such as socialist presidential candidate Bernie Sanders, maintain that this state of affairs will lead Americans to accept a universal, government run ďMedicare for allĒ system. Such a system would also feature rationing and death panels, as has been the case in countries that have adopted such arrangements. However, a Wednesday article in the Wall Street Journal suggests that Obamacare will, inadvertently, lead to a free market, customer-driven health care system...
  • Assurant Health to close; 1,200 Milwaukee jobs lost

    06/11/2015 3:07:10 PM PDT · by george76 · 32 replies
    Milwaukee Business Journal ^ | Jun 10, 2015 | Rich Kirchen
    On Wednesday morning, the parent company said it will sell some small-group business lines to National General Holdings Corp. but exit the individual-health lines that are based in Milwaukee at 501 W. Michigan St. The first phase of job reductions at Assurant Health will occur this summer and impact an estimated 300 employees of approximately 1,700 positions in Milwaukee and other locations, Assurant Inc. said. Assurant Inc. said it will exit the health-insurance market over the next 18 months. ... Assurant Health has been losing money the past two years, and Assurant Inc. executives cited the challenges of running Assurantís...
  • 'Successful' ObamaCare Missed 2015 Enrollment Goal By 22%

    06/04/2015 3:34:39 AM PDT · by IBD editorial writer · 13 replies
    Investor's Business Daily ^ | 06/03/2015 | John Merline
    Earlier this year, the Obama administration boasted that well over 11 million people had signed up for an ObamaCare plan by the end of the second open enrollment period.
  • Obamacare advocates seek to fix problem they made worse

    05/26/2015 4:33:39 PM PDT · by Tolerance Sucks Rocks · 20 replies
    The Washington Examiner ^ | May 25, 2015 | Byron York
    Back in 2009, when Congress was debating the Affordable Care Act, many liberal Democrats felt it did not go far enough ó that it should be even more sweeping, even more expansive, even more costly. Tom Harkin, D-Iowa, one of the Senate's most liberal Democrats and a veteran of many legislative battles, urged his colleagues on the Left to go ahead and pass the bill. "The key to this is that this modest home, we can put additions onto it in the future," Harkin told MSNBC's Rachel Maddow in December 2009. "But if we don't have the starter home, we're...
  • GOP likely to feel the heat if court decision guts Obamacare [Who gave us this ACA mess?]

    05/26/2015 3:41:19 AM PDT · by Cincinatus' Wife · 59 replies
    Houston Chronicle ^ | May 26, 2015 | RICARDO ALONSO-ZALDIVAR
    WASHINGTON (AP) ó A Supreme Court ruling due in a few weeks could wipe out health insurance for millions of people covered by President Barack Obama's health care law. But it's Republicans ó not White House officials ó who have been talking about damage control. [snip] BAD TIMING [snip] HOUSE OF CARDS [snip] STICKER SHOCK FOR SELF-PAY CUSTOMERS [snip] REPUBLICANS TO THE RESCUE? [snip]
  • Obamacare May Force Some Insurers to Boost Their Premiums an Alarming Amount

    05/22/2015 10:48:33 PM PDT · by Cincinatus' Wife · 55 replies
    Slate ^ | May 22, 2015 | Mark Joseph Stern
    On the whole, the Affordable Care Act is working pretty well, getting more people insured and increasing the quality of insurance overall. But on Thursday, the Wall Street Journal reported an alarming development: Health insurers on many state exchanges are looking to boost their premiums a ridiculous amount in 2016. New Mexico's leading provider, for instance, is seeking a 51.6 percent hike, while Maryland's is seeking a 30.4 percent hike. (Insurers in other states, like Vermont and Indiana, are asking for minimal increases.) Libertarian and conservative outlets are, predictably, citing the rate hike as yet another Obamacare catastrophe. But it's...
  • Health Insurers Seek Hefty Rate Boosts

    05/22/2015 7:58:18 AM PDT · by george76 · 14 replies
    WSJ ^ | May 21, 2015 | Louise Radnofsky
    Proposals set the stage for debate over federal health lawís impact. Major insurers in some states are proposing hefty rate boosts for plans sold under the federal health law, setting the stage for an intense debate this summer over the lawís impact. In New Mexico, market leader Health Care Service Corp. is asking for an average jump of 51.6% in premiums for 2016. The biggest insurer in Tennessee, BlueCross BlueShield of Tennessee, has requested an average 36.3% increase. In Maryland, market leader CareFirst BlueCross BlueShield wants to raise rates 30.4% across its products. Moda Health, the largest insurer on the...
  • Exclusive: States quietly consider ObamaCare exchange mergers

    05/22/2015 4:47:45 AM PDT · by Cincinatus' Wife · 10 replies
    The Hill ^ | May 22, 2015 | Sarah Ferris
    A number of states are quietly considering merging their healthcare exchanges under ObamaCare amid big questions about their cost and viability. Many of the 13 state-run ObamaCare exchanges are worried about how theyíll survive once federal dollars supporting them run dry next year. Others are contemplating creating multi-state exchanges as a contingency plan for a looming Supreme Court ruling expected next month that could prevent people from getting subsidies to buy ObamaCare on the federal exchange. The idea is still only in the infancy stage. Itís unclear whether a California-Oregon or New York-Connecticut health exchange is on the horizon. But...
  • Paying for Obamacare

    05/17/2015 12:10:59 PM PDT · by george76 · 7 replies
    ap ^ | May 17, 2015
    As Alice in Wonderland might say, a curious tax just got curiouser. The burden to states could mount to $13 billion in less than a decade. ... It works like this: State governments pay insurers for the tax. The insurers then pay the tax to the federal government. The federal government then reimburses part of the cost to the states. It may sound absurd, but it's not amusing to state governments, which wind up losing 54 cents for every dollar of the insurance tax. State taxpayers end up the biggest losers, without any added benefit to their state's low-income Medicaid...
  • Exchange board votes to scoop up millions from two higher fees ( Colorado health insurance )

    05/15/2015 12:10:18 PM PDT · by george76 · 20 replies
    Health News Colorado ^ | May 15, 2015 | Katie Kerwin McCrimmon
    Despite fury from lawmakers the day before, Coloradoís health exchange board voted on Thursday to collect millions of additional dollars from all Colorado health insurance customers, even those who have nothing to do with the exchange. On top of that ďbroad market assessment,Ē the board also voted to more than double the user fees levied on people who buy insurance through Coloradoís exchange. .. The higher broad market fee is projected to allow Connect for Health Colorado to scoop up about about $20 million in 2016. It has been set at $1.25 per member per month on all health insurance...
  • 1 In 3 Private Health Insurance Customers Receive Surprise Medical Bills

    05/11/2015 9:15:43 PM PDT · by nickcarraway · 17 replies
    One in three Americans with private health insurance has been hit with a surprise medical bill, according to a new survey by Consumers Union. The study of 2,200 individuals also found consumers overall are confused when it comes to how to fight a surprise bill. Among the surprises: bills that were for higher amounts than customerís expected, bills for out-of-network services that customers believed were in-network, and bills from doctors they did not expect would send them a bill. Betsy Imholz of Consumers Union says few people who receive surprise bills ever file a complaint with a state agency. ďNobody...
  • Amazing Afrezza Ė Non-Invasive Insulin That Works!

    04/22/2015 10:16:03 AM PDT · by ncfool · 14 replies
    healthline.com ^ | April 22, 2015 | Amy Tenderich
    I canít wait to get my next A1C test done (who says that?! but itís true). I am now two-plus months into my use of new inhaled insulin Afrezza, and frankly Iím blown away by how well it performs (ooh, pun!) Iíve been hesitant to be too much of a cheerleader for Afrezza, because I thought maybe I was experiencing beginnerís luck Ė the thrill of any shiny new diabetes treatment can wear off pretty quickly Ė and given how controversial this drug is, I didnít want to stir the pot unnecessarily. But sorry Naysayers, Afrezza is the bomb. At...
  • The Iran nuclear deal is unwritten, but it's the best we can do, Obama assures

    04/20/2015 2:58:23 PM PDT · by george76 · 34 replies
    IBD ^ | 4 - 20 - 2015 | Andrew Malcolm
    Remember the hundreds of thousands of new jobs certain to erupt by 2010 thanks to $1 trillion in extra Obama administration spending? Remember how resident Obama vowed swift justice to the murderers of four helpless Americans in Benghazi? Remember how you can keep your doctor and health insurance under ObamaCare? Remember how Obama promised to halt Iran's development of nuclear weapons because they would launch a nuclear arms race in the world's most volatile region and allow Iran to attempt its avowed erasure of Israel? Well, folks, your favorite incumbent president is morphing again right before your disbelieving eyes. Here's...
  • IRS says it's OK if you fail to say you have insurance on return

    03/31/2015 7:12:23 AM PDT · by SeekAndFind · 22 replies
    American Thinker ^ | 03/31/2015 | Rick Moran
    The IRS may be the ogre of government but when it comes to enforcing†its rules on Obamacare, it's positively puppyish. Millions of people who don't have insurance are having the penalty waived. They are going to trust that your coverage meets Obamacare mandates without checking.† Now, if you fail to mark your return indicating that you have insurance, why that's perfectly alright with the IRS. Washington Examiner: The Internal Revenue Service told the†Washington Examiner†it will not penalize anyone who has insurance but neglected to check the box. However, a taxpayer may be asked by the agency if they have...