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Keyword: obamacare

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  • Obama Sabotages ObamaCare

    08/30/2016 6:49:49 PM PDT · by Coleus · 11 replies
    forbes ^ | 08.29.16 | Grace-Marie Turner
    As health insurers head for the exits, Americans who have been whipsawed by ObamaCare may get whacked again this fall:  First, they were thrown off private plans that were declared illegal, then they were forced into the ObamaCare exchanges, and now they could face the prospect of being shut out of coverage through their exchanges entirely for 2017.  In Arizona’s Pinal County, for example, no insurers are offering coverage through the exchange. While decisions won’t be final until next month, people in other counties could face a similar fate.Elsewhere, millions of Americans will have a “choice” of just one carrier,...
  • White House announces massive changes in bid to head off ObamaCare disaster

    08/30/2016 9:11:24 AM PDT · by Sean_Anthony · 38 replies
    Canada Free Press ^ | 08/30/16 | Dan Calabrese
    Including: Making insurers help pay the costs of other insurers' high-cost policyholders ObamaCare is a huge and glorious success, and it’s the shining jewel in Barack Obama’s legacy. That’s what the Democrats have been telling us for several years, and for the most part the media have dutifully parrotted this talking point. But in recent months, it’s gotten harder for Obama’s media protectors to keep pretending everything is OK. Exchanges are in dire fiscal straits. Insurers are dropping out. Premiums are soaring. Provider networks are narrowing. The left keep reaching back for what it thinks is the one saving grace...
  • ObamaCare coverage options disappearing across country, report finds

    08/29/2016 7:02:57 PM PDT · by Olog-hai · 21 replies
    Fox News ^ | August 29, 2016
    Nearly a third of U.S. counties will be left with just one insurance option next year on the ObamaCare exchanges, according to a new analysis fueling warnings about the impact of the insurance company exodus from markets across the country. The Kaiser Family Foundation study found residents in Pinal County, Ariz., are even at risk of having no insurance options on the exchanges, which provide subsidized plans. Republicans seized on the report Monday to claim that the health care overhaul is not providing the choices promised by President Obama and others. […] The Kaiser Family Foundation study found that overall,...
  • Fantastic: Obama’s final budget explodes deficit to $590 billion

    08/29/2016 5:56:18 PM PDT · by Sean_Anthony · 21 replies
    Canada Free Press ^ | 08/29/16 | Dan Calabrese
    That's a 35 percent increase, and it brings debt held by the public to the highest share of GDP since 1952 If I told you the deficit was soaring, economic growth was terrible and ObamaCare was collapsing, you’d assume that Obama’s approval ratings would be in the tank and the Democrats would have no hope of electing someone who basically promises to continue his policies. Well, I’m telling you. All this is happening. But these are not the major issues in the presidential campaign because one candidate is hopelessly corrupt and dishonest and the other one just really bothers people...
  • Last chance? Obama administration proposes health law fixes

    08/29/2016 5:09:12 PM PDT · by Olog-hai · 10 replies
    Associated Press ^ | Aug 29, 2016 6:01 PM EDT | Ricardo Alonso-Zaldivar
    In one of its last chances to tinker with the president’s signature health care law, the Obama administration Monday proposed a series of fixes and adjustments for 2018, when the White House will have a new occupant. The changes are detailed in a highly technical draft regulation, nearly 300 pages long. Insurers and consumer advocates were trying to decipher its implications Monday evening. The proposal would update the health insurance marketplace’s premium stabilization system to reflect concerns that insurers have raised. It also proposes changes to a current five-year ban on companies returning to the health law’s markets after they...
  • Manitoba Men Weep After Learning They Were Switched at Birth 41 Years Ago (2nd Same Hospital)

    08/29/2016 11:50:30 AM PDT · by nickcarraway · 35 replies
    CBC ^ | Aug 26, 2016 | Jillian Taylor
    DNA tests confirm both were given to wrong mothers after being born at Norway House Indian HospitalLeon Swanson and David Tait Jr. are both 41 years old and have just learned they're not exactly who they thought they were. Both wept Friday in Winnipeg as Eric Robinson, a former NDP member of the Manitoba Legislative Assembly for Keewatinook, told media that the two men were switched at birth more than 40 years ago at a hospital in Norway House Cree Nation. "What happened here is lives were stolen," Robinson said. "You can't describe it as anything less than that." Swanson...
  • Obama adds 39,454 new employees to Veterans Administration, but less than 10% are doctors

    08/29/2016 6:59:52 AM PDT · by grundle · 20 replies
    Open the Books ^ | May 2016
    While long wait times persisted the VA added 39,454 new positions to their payroll between 2012-2015. Fewer than ten percent of these new positions (3,591) were ‘Medical Officers,’ i.e. doctors.
  • Va. budget shortfall means no raises for teachers, state employees

    08/28/2016 5:46:17 AM PDT · by 11th_VA · 27 replies
    WTOP ^ | August 26, 2016 | By Kathy Stewart
    WASHINGTON — Gov. Terry McAuliffe broke the bad news to the General Assembly’s money committees Friday morning in Richmond that the state’s budget is in the hole by about $1.5 billion over two years, and he warned state lawmakers to brace for “tough decisions ahead.” The projected shortfall for the current two-year budget is $1.2 billion. But that’s in addition to shortfall of about $280 million carried over from the budget year that ended June 30. The governor told state lawmakers the budget problems are being driven by lower income and sales tax revenue collections than what was anticipated. As...
  • There Is No Fix

    08/28/2016 3:05:05 PM PDT · by MtnClimber · 18 replies
    The Weekly Standard ^ | From the 6 Sep, 2016 issue | There Is No Fix
    With Aetna’s announcement that it is pulling out of most government-run exchanges, Obamacare's death spiral has begun to accelerate. Few but the sickest or most heavily subsidized people want anything to do with the (inaptly named) Patient Protection and Affordable Care Act's high-priced, high-deductible, narrow-network plans. Insurers are responding to sicker risk pools and bigger losses by raising rates, which makes the plans even less attractive to the young and healthy—which makes the risk pools sicker, which makes the rates rise further. And the spiral continues, like water circling the drain. No less of an Obamacare cheerleader than the New...
  • WashPost Obamacare Failure Story Barely Cites Jonathan Gruber as 'an Economist'

    08/28/2016 9:27:18 AM PDT · by PJ-Comix · 12 replies
    NewsBusters ^ | August 28, 2016 | P.J. Gladnick
    If you are writing an article about the failure of ObamaCare, Health-care exchange sign-ups fall far short of forecasts, wouldn't the primary person you would want to quote at length be the one generally acknowledged as the disgraced architect of that plan, Jonathan Gruber? Of course. And yet Carolyn Y. Johnson of the Washington Post only provided a short quote from Gruber buried deep within the story and identified him as "an economist" with no reference to his crucial role in being the architect of ObamaCare. This is sort of like doing a story about Wall Street and then citing Bernie...
  • Health-care exchange sign-ups fall far short of forecasts [More Obamacare Failure]

    08/28/2016 6:37:50 AM PDT · by SoFloFreeper · 11 replies
    Washington Post ^ | 8/27/16 | Carolyn Y. Johnson
    Enrollment in the insurance exchanges for President Obama’s signature health-care law is at less than half the initial forecast, pushing several major insurance companies to stop offering health plans in certain markets because of significant financial losses. As a result, the administration’s promise of a menu of health-plan choices has been replaced by a grim, though preliminary, forecast: Next year, more than 1 in 4 counties are at risk of having a single insurer on its exchange, said Cynthia Cox, who studies health reform for the Kaiser Family Foundation.
  • Massive ObamaCare Rate Hikes Are A Good Thing, White House Says

    08/27/2016 11:21:25 AM PDT · by PROCON · 51 replies
    investors.com ^ | Aug. 26, 2016
    Health Reform: This week Illinois' insurance regulator said ObamaCare premiums in the state will jump as high as 55%. The Obama administration's response to this and other news of massive rate hikes: Don't worry. Be happy. Anyone shopping for ObamaCare coverage in Illinois this fall is in for a big shock. The average increase for cheap Bronze plans is likely 44%. It's 45% for the lowest-cost Silver plan, and 55% for the cheapest Gold plan.
  • Burden of Health-Care Costs Moves to the Middle Class

    08/25/2016 8:06:38 PM PDT · by Brilliant · 17 replies
    WSJ ^ | Aug 25, 2016 | Anna Louie Sussman
    Growth in overall health-care spending is slowing, but middle-class families’ share of the tab is getting larger, squeezing households already feeling stretched financially. Overall, health-care spending across the economy reached 18.2% of gross domestic product as of June, up from 13.3% in 2000, according to Altarum Institute, a health research group. However, the mix of who pays has evolved. The government has taken on a larger share in recent years as more people age into Medicare, and the Affordable Care Act expanded Medicaid and provided subsidies for low-income people buying insurance on state exchanges. Middle-class households are finding more of...
  • Obamacare Website No Longer Addresses 'You Can Keep Your Doctor' | The Weekly Standard

    08/24/2016 12:22:18 PM PDT · by MarchonDC09122009 · 26 replies
    Weekly Standard ^ | 08/24/2016 | Jeryl Bier
    Obamacare Website No Longer Addresses 'You Can Keep Your Doctor' | The Weekly Standard http://www.weeklystandard.com/obamacare-website-no-longer-addresses-you-can-keep-your-doctor/article/2003956 Obamacare Website No Longer Addresses 'You Can Keep Your Doctor' Healthcare.gov has disappeared references to Obama's failed promise. 10:04 AM, Aug 24, 2016 | By Jeryl Bier "If you like your doctor, you can keep your doctor" was President Barack Obama's signature catchphrase he used to sell the Affordable Care Act to the American people. Now Obamacare's flagship website, healthcare.gov, no longer even addresses the issue.
  • 5 States, Nearly 700 Counties Don’t See ‘Choice and Competition’ Promised by Obamacare

    08/24/2016 10:59:10 AM PDT · by milton23 · 8 replies
    Daily Signal ^ | 8/23/16 | Fred Lucas
    Five states will be down to just one health insurer on the Obamacare marketplace next year, and consumers in 664 counties are projected to face that same situation under a law sold as providing “choice and competition.” The five states that will have no choice are Alabama, Alaska, Oklahoma, South Carolina, and Wyoming. Two more states, North Carolina and Kansas, are close to having only one Obamacare insurer, health policy experts note. Alabama will be down to a single insurance company next year because Humana and UnitedHealthcare announced their departure. Aetna and UnitedHealthcare exited South Carolina. UnitedHealthcare also departed Oklahoma.
  • 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.
  • NHS crisis plan to cancel operations and appointments as winter draws in

    08/22/2016 7:15:17 PM PDT · by Nachum · 12 replies
    Telegraph ^ | 8/22/16 | Laura Donnelly and Henry Bodkin
    Hospitals are to cancel thousands of operations and appointments in a desperate bid to stop the NHS "buckling" this winter, under Government plans. Health officials are drawing up contingency measures to attempt to safeguard emergency care by diverting senior doctors from operating theatres into wards and Accident & Emergency departments as winter sets in. The national plan, detailed in evidence to the Commons health select committee, comes amid concern that the NHS is already in the grip of the worst bed-blocking crisis on record. Last night, Britain’s most senior A&E doctor said hospitals were under such strain that a bad...
  • How Obama Hoodwinked the Supreme Court on Obamacare

    08/22/2016 1:52:36 PM PDT · by Kaslin · 28 replies
    American Thinker ^ | August 22, 2016 | Hollis Hurd
    In the case of King v. Burwell, decided by the Supreme Court in June of 2015, President Obama won the day by convincing six justices that Obamacare would collapse if he lost. The case involved the so-called "individual mandate," which imposes a financial penalty on those who neglect to buy health insurance. To many observers, the wording of Affordable Care Act seemed to impose the financial penalty only in states where a state exchange had been set up, not in states where the federal exchange operated by default. At that time, only 16 states (and the District of Columbia) had...
  • GHP seeks 41 percent rate hike (Geisinger Health Plan, very big in PA)

    08/22/2016 11:33:39 AM PDT · by jiggyboy · 8 replies
    The Daily Item ^ | August 22, 2016 | Rick Dandes
    If you rely on health insurance provided by companies aligned with the Affordable Care Act marketplace in Pennsylvania, prepare yourself for sticker shock when it’s time to pay those premiums in the fall. Valley residents enrolled in the ACA marketplace can choose from programs offered by Capital Advantage, Geisinger, Highmark, UPMC Health Options, Geisinger Health Plan, Geisinger Quality Options, and Keystone Health Plan Central. All are proposing significant rate increases for monthly premiums in 2017.
  • One-third of US won't have choice between Obamacare plans in 2017

    08/22/2016 10:18:55 AM PDT · by PROCON · 24 replies
    CNBC ^ | Aug. 22, 2016 | Dan Mangan
    It's looking like a lot of people are going to have little Obamacare choice next year.One-third of the United States may have just a single insurer to pick from on Obamacare marketplaces in 2017, an analysis released Friday suggests. Seven entire states are projected to have just one carrier in 2017: Alaska, Alabama, Kansas, North Carolina, Oklahoma, South Carolina and Wyoming, according to research by the Avalere consultancy. And more than half of the country, 55 percent, may end up having two or fewer insurers to choose from on those government-run exchanges, Avalere said. "And there may be some sub-region...
  • Obamacare is unsustainable — the backbone could collapse, expert warns

    08/21/2016 4:52:01 PM PDT · by 2ndDivisionVet · 46 replies
    CNBC ^ | August 17, 2016 | Abigail Stevenson
    If politicians don't fix the Affordable Care Act, then the vulnerable Blue Cross and local HMO plans — which serve as the backbone of Obamacare — must exit, said Robert Laszewski, the President of Health Policy and Strategy Associates. "What the politicians need to do is to understand they have got about a year to fix this," he said in an interview with CNBC's "Closing Bell." Republicans do not want to fix the existing flaws for Obamacare, Laszewski said. Instead, they want to repeal and replace it. He added that Democrats are now stating that they would rather go to...
  • Obamacare Is Still A Giant Cronyistic Disaster

    08/21/2016 8:42:52 AM PDT · by Lorianne · 17 replies
    Federalist, the ^ | David Harsanyi
    It’d be a shame if something terrible happened to that poorly constructed, expensive, low-enrollment, government-run, fabricated health-insurance marketplace scheme that we’re helping you prop up. — Aetna to Barack Obama, basically So a giant rent-seeking insurance company is accused of having threatened to leave Obamacare’s health insurance “marketplace” if the government didn’t approve its giant merger. If true, this would be the least surprising development in the past six years of Obamacare fiascos. Any giant regulatory scheme bringing together big business and big government inevitably leads to cronyism and corruption. Not long after the Justice Department blocked Aetna’s merger with...
  • Obamacare’s impending implosion should worry New Yorkers

    08/21/2016 10:46:47 AM PDT · by lowbridge · 17 replies
    NY Post ^ | August 20, 2016
    With the news last week that Aetna — like UnitedHealth and Humana — is pulling out of most state exchanges, ObamaCare seems set to implode. Even President Obama seems to realize it: He’s preparing to launch a major push to draw in more people — preferably, healthy young ones — to his health-care marketplaces. In the meantime, there was grim tidings for New York: Roughly one out of every five companies in the state is hiring fewer workers thanks to ObamaCare. Companies say they’re shifting to more part-timers. They’re cutting workers’ wages and benefits and hiking prices. Those were the...
  • I Told You So: Health Care, ACA

    08/20/2016 9:14:02 AM PDT · by BDParrish · 16 replies
    Market Ticker ^ | August 18,2016 | Karl Denninger
    This rate of acceleration will, as I have repeatedly pointed out, bankrupt the Federal Government within the next administration's term. It will in fact exceed all current federal spending within the next 10 years. Neither of these events will actually come to pass because you cannot have a government when you can't pay the light bill in Washington DC. There is exactly one way to stop this from happening and that is to start prosecuting and imprisoning, right now, each and every instance of price-fixing (Sherman/Clayton), attempts to monopolize markets (Sherman/Clayton again), pricing discrimination of like kind and quantity for...
  • Reminder: Obamacare Is Still A Disaster

    08/19/2016 8:14:38 AM PDT · by MtnClimber · 6 replies
    Real Clear Politics ^ | 19 Aug, 2016 | David Harsanyi
    So a giant, rent-seeking insurance company is accused of having threatened to leave Obamacare's health insurance "marketplace" if the government didn't approve its giant merger. If true, this would be the least surprising development in the past six years of Obamacare fiascos. Any giant regulatory scheme bringing together big business and big government inevitably leads to cronyism and corruption. Not long after the Justice Department blocked Aetna's merger with Humana, the company announced it would be scaling back participation in Affordable Care Act exchanges. Now, Obamacare consumers in 11 states won't be able to keep their insurance, even though, one...
  • Obamacare Critic: 'Premiums Are Going Up, Up, Up'

    08/18/2016 9:17:57 PM PDT · by Olog-hai · 15 replies
    Cybercast News Service ^ | August 18, 2016 | 4:48 AM EDT | Susan Jones
    When Obamacare’s fourth open enrollment period begins on November 1, many customers will face fewer insurance options and much higher prices. “Only the sick people sign up. And that’s why the premiums are going up, up, up,” said Obamacare critic Betsy McCaughey, who is the former Lt. Gov. of New York. Premiums will go up by double digits, she predicted — “20 percent for the biggest plans in New York, 40 percent in Tennessee, and somewhere in between around the country.” …
  • Sentifi Insights Aetna Retaliates DOJ’s Blocking its Merger with Humana

    08/18/2016 7:15:23 PM PDT · by djsunzi · 2 replies
    Sentifi Insights ^ | Aug 18, 2016 | HV
    Aetna’s decision to reduce its Obamacare business appears to stem from the Department of Justice’s lawsuit to block Aetna’s merger with rival Humana. In short, it’s an act of retaliation. As a result, Aetna continues to dominate Sentifi Top Attentions list for the third consecutive day.
  • Insurers, the latest threat to Obamacare

    08/18/2016 3:16:37 PM PDT · by artichokegrower · 21 replies
    Sacramento Bee ^ | AUGUST 17, 2016 | Karen Tapia-Andersen
    For three years now, Americans living with pre-existing, potentially deadly medical conditions have been able to get insurance without fear.
  • Liberal groups split on ColoradoCare universal health care measure

    08/18/2016 9:41:28 AM PDT · by Lorianne · 7 replies
    Source material cannot be posted to FR | 17 August 2016
    see link in post below
  • Now we know the real reason Aetna bailed on Obamacare

    08/17/2016 7:11:29 AM PDT · by RummyChick · 25 replies
    business insider ^ | 8/17 | bob bryan
    ... Now, however, it appears a large reason for the shift in tone was the Department of Justice's lawsuit to block Aetna's merger with rival Humana. A July letter, acquired by The Huffington Post, outlined Aetna's thinking on the public exchanges if the deal with Humana were blocked. The letter from Bertolini to the DOJ outlined the effect of a possible merger on its Obamacare business. ...
  • Aetna drops out of ObamaCare exchanges in 11 states

    08/17/2016 5:56:00 PM PDT · by Sean_Anthony · 10 replies
    Canada Free Press ^ | 08/17/16 | Dan Calabrese
    Freefall Remember when Democrats, still in the midst of shoving ObamaCare down the throats of an unwilling nation, argued that it would actually be “market-based”? Democrats don’t know anything about how truly free markets work, of course, but their argument was that the ObamaCare exchanges were basically competitive marketplaces in which consumers could shop for the insurance that would make sense for them. OK, granted, it’s a marketplace operating under the artificially imposed and completely insane parameters imposed by the government. And OK, what we commonly call health “insurance” isn’t really anything like a real insurance product. And OK, the...
  • Doctor Barbara Bellar: Obamacare Summed Up in One Sentence. (Youtube, from 2012)

    08/17/2016 2:23:57 PM PDT · by ransomnote · 9 replies
    youtube.com ^ | Oct 4, 2012 | Barbara Bella
    Great video at Youtube.com - must be seen to be appreciated. For those who do not wish to view it but are curious - here is the Dr's one sentence summary of Obamacare: "So let me get this straight. This is a long sentence. We are going to be gifted with a healthcare plan that we are forced to purchase, and fined if we don't, which reportedly covers ten million more people without adding a single new doctor, but provides for sixteen thousand new IRS agents, written by a committee whose chairman doesn't understand it, passed by congress, that didn't...
  • Fed Survey: Obamacare Causing Companies to Cut Jobs

    08/17/2016 1:56:24 PM PDT · by Brilliant · 15 replies
    WSJ ^ | Aug 16, 2016 | Vipal Monga
    Many companies are cutting jobs in response to rising health care costs spurred by the Affordable Care Act, according to a new survey by the Federal Reserve Bank of New York. Roughly one-fifth of service sector and manufacturing company executives said they are reducing the number of workers in response to provisions in the healthcare law... The New York fed surveyed about 100 executives in the manufacturing sector and roughly 150 executives in the services sector located in New York State, Northern New Jersey and Fairfield County, Connecticut... The results add to a bevy of bad news related to the...
  • McCain: ObamaCare ‘Unraveling at a Rapid Rate’

    08/17/2016 9:11:07 AM PDT · by ChicagoConservative27 · 71 replies
    Tuesday on CNN’s “The Lead,” Sen. John McCain (R-AZ) told a reporter that ObamaCare was “unraveling and at a rapid rate.” McCain said, “It’s clear that Obamacare is unraveling, and at a rapid rate. We’re going to have to go back to square one. We’re going to have to go back and not only repeal, but replace and make health care available to every American.
  • At Least Six Swing States Face Double-Digit Premium Hikes under Obamacare

    08/16/2016 9:47:25 PM PDT · by HokieMom · 23 replies
    Breitbart ^ | 16 August 2016 | Alex Swoyer
    Double-digit Obamacare premium hikes projected in 2017 may bode in Donald Trump’s favor, as several swing states are being impacted by double-digit increases under the law and consumers are expected to see the hikes around Nov. 1 — one week before heading to the polls. Trump has promised to repeal and replace Obamacare, but Hillary Clinton has vowed to make the Obamacare exchanges work. Some say the way she would do that is through raising taxes.
  • Aetna Pulls Back on Obamacare Health Insurance Plans in 2017

    08/16/2016 1:36:28 PM PDT · by GilGil · 17 replies
    NBC News ^ | 8/16/2016 | Reutuers
    Aetna, the No. 3 U.S. health insurer, on Monday said that due to persistent financial losses on Obamacare plans, it will sell individual insurance on the government-run online marketplaces in only four states next year, down from the current 15 states. Aetna's decision follows similar moves from UnitedHealth and Humana, which have cited similar concerns about financial losses on these exchanges created under President Barack Obama's national healthcare reform law.
  • Blue Shield Of California: Furlough over Obamacare Losses

    08/16/2016 8:42:39 AM PDT · by Nachum · 27 replies
    Breitbart ^ | 8/16/16 | AWR Hawkins
    Blue Shield of California (BSC) will be shutting down for four days following Labor Day weekend as a way to stop the financial bleeding resulting from losses in “Covered California,” the state’s Obamacare exchange program. The change will “affect most of [BSC’s] 6,000 employees in California,” the San Francisco Business Times reports, although the “exact number of workers involved hasn’t yet been tabulated.” But BSC hopes that the move could save “an estimated $4 million.” According to the Times, BSC spokesman Steve Shivinsky said, “This is certainly not normal for us. We’re definitely seeing some income challenges as of mid-year.”
  • One Of Nation's Largest Health Insurers Devastating Blow To O'Care, Drops Most Marketplaces-Aetna

    08/16/2016 7:23:01 AM PDT · by xzins · 58 replies
    Young Conservatives ^ | August 15, 2016 | Andrew Mark Miller
    Exchanges collapsing, premiums skyrocketing, policies cancelled. Remember when President Obama lied to us about 92 million times and said that if we liked our plan we could keep it? That was fun… Over the past year, we have seen major health insurance companies give up on the massive failure. Now, one of the top health insurers has said enough is enough. BREAKING: Top health insurer dropping out of most ObamaCare marketplaces https://t.co/fkErkcVR3d pic.twitter.com/RaQKisqcIp — The Hill (@thehill) August 16, 2016 From The Hill: Aetna, one of the largest health insurers in the country, announced Monday that it will significantly scale...
  • Aetna to cut back 70% on Obamacare plans in 2017

    08/16/2016 5:01:59 AM PDT · by mykroar · 16 replies
    CNBC.com ^ | Bertha Coombs
    Aetna is sharply cutting its participation in Obamacare exchanges for 2017. The health insurer said it will offer individual Affordable Care Act exchange plans in just four states, down from 15 this year, in an effort to reduce its losses. "As a strong supporter of public exchanges as a means to meet the needs of the uninsured, we regret having to make this decision," Chairman and CEO Marc Bertolini said in a statement. The insurance giant says it will offer ACA exchange plans in Delaware, Iowa, Nebraska and Virginia, slashing its Obamacare footprint by 70 percent next year. It will...
  • (86 year old) Woman left behind at Methuen dialysis clinic after it closed

    08/15/2016 2:40:00 PM PDT · by Morgana · 24 replies
    wcvb.com ^ | August 15, 2016 | wcvb
    METHUEN, Mass. —An 86-year-old Massachusetts woman needed to be rescued by firefighters over the weekend after she was left behind at a dialysis clinic in Methuen that had closed for the day. Fire Chief Scott Sullivan says rescuers came to the aid of Maureen Perry just before 4 p.m. Saturday. The Wilmington woman was taken for treatment to the Fresenius Dialysis Center, where she remained three hours after it closed.
  • Health Insurers Use Process Intended to Curb Rate Increases to Justify Them

    08/15/2016 3:47:10 AM PDT · by reaganaut1 · 10 replies
    New York Times ^ | August 14, 2016 | Robert Pear
    After the Affordable Care Act took effect in 2010, it created a review mechanism intended to prevent exorbitant increases in health insurance rates by shaming companies that sought them. But this summer, insurers are turning that process on its head, using it to highlight the reasons they are losing money under the health care law and their case for raising premiums in 2017. That has ignited an election-year fight between insurers and consumers, who are complaining bitterly about the double-digit increases being sought across the country. The conflicts have been on vivid display at hearings in states like Pennsylvania, where...
  • Taxpayers on the Hook as Obamacare Exchanges Near the Edge of Collapse

    08/14/2016 9:30:39 PM PDT · by Olog-hai · 19 replies
    Cybercast News Service ^ | August 12, 2016 | 4:08 PM EDT | Phil Kerpen
    The health insurance exchanges that are the beating heart of Obamacare are on the edge of collapse, with premiums rising sharply for ever narrower provider networks, non-profit health co-ops shuttering their doors, and even the biggest insurance companies heading for the exits amid mounting losses. Even the liberal Capitol Hill newspaper is warning of a possible “Obamacare meltdown” this fall. Three states — Alaska, Alabama, and Wyoming — are already down to just a single insurance company, as are large parts of several other states, totaling at least 664 counties. UnitedHealth is pulling out completely, Humana is pulling out of...
  • Cost of Obamacare Medicaid Expansion 49% Higher Than Previously Estimated

    08/12/2016 10:14:01 AM PDT · by Olog-hai · 12 replies
    AP via CNS News ^ | August 12, 2016 | 12:00 PM EDT | Ricardo Alonso-Zaldivar
    A government report finds that the cost of expanding Medicaid to millions more low-income people is increasing faster than expected, raising questions about a vital part of President Barack Obama’s health care law. The law provided for the federal government to pay the entire cost of the Medicaid expansion from 2014 through the end of this year. Obama has proposed an extra incentive for states that have not yet expanded Medicaid: three years of full federal financing no matter when they start. But the new cost estimates could complicate things. In a recent report to Congress, the Centers for Medicare...
  • ObamaCare crashing: Insurers seek massive rate hikes . . . if they’re staying in at all

    08/11/2016 9:36:45 AM PDT · by Sean_Anthony · 41 replies
    Canada Free Press ^ | 08/11/16 | Dan Calabrese
    Gigantic losses put exchanges on the brink, send program careening into chaos Remember when everyone watching ObamaCare was focused on how many people had signed up? First they needed 7 million, then 11 million, and on it went as new targets replaced the old. These weren’t meaningless - at least it didn’t appear that way. The targets represented the critical mass the Obama Administration itself said the program needed to be economically sustainable. Insurance, they told us, is about risk pools. If you’ve got enough people in the risk pool, you’d have enough premiums being paid in to cover those...
  • Clinton Kicked $125K to Hospital After Receiving Treatment for Blood Clot

    08/09/2016 3:13:36 PM PDT · by ncfool · 27 replies
    Clinton family foundation had not donated to hospital before Hillary's stay BY: Joe Schoffstall August 9, 2016 4:15 pm Hillary Clinton kicked $125,000 in donations from her family foundation to a hospital after receiving treatment for a blood clot in 2013, the Washington Free Beacon has discovered. Clinton was discharged from New York Presbyterian Hospital in January 2013 after being treated for a blood clot. Doctors discovered the clot during follow-up treatment for a concussion she sustained weeks earlier after she passed out from dehydration, causing her to fall and hit her head. The New York Times wrote in January...
  • Governor Palin: Here Is What Quietly Happened On January 1, 2015

    08/08/2016 12:19:15 PM PDT · by ScaniaBoy · 34 replies
    conservatives4palin.com ^ | 7 August, 2016 | Sarah Palin
  • Clinton Economic Plan – Part 2

    08/07/2016 8:08:39 AM PDT · by Kaslin · 4 replies
    Townhall.com ^ | August 7, 2016 | Bruce Bialosky
    The tension rose as one of America’s leading political figures took the stage to deliver a speech which would enthrall the anxious crowd and leave them in a rapturous state. Then Hillary Clinton mounted the stage and reality set in. She chose to harangue Donald Trump and use him as a foil, but she clearly made many statements contrasting herself with him that revealed her own economic plan. So we will take direct quotes from her speech on June 21st and amplify them. In the beginning of her speech, she told us that her economic plan was on her website...
  • 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...
  • ObamaCare's Terrible, Horrible, No Good, Very Bad Week

    08/02/2016 9:54:03 AM PDT · by Kaslin · 26 replies
    PJ Media ^ | August 2, 2016 | Stephen Green Vodka Pundit
    Over at The Motley Fool, Sean Williams has a lengthy analysis of ObamaCare's many woes, but the meat of the matter comes down to two things -- a lack of money and a lack of healthy paying customers. Obamacare was expected to enroll 21 million new people by the end of 2016, at least according to projections from the Congressional Budget Office in 2013. Currently, this figure is about 10 million shy of the CBO's projections from three years ago, and it could fall further as attrition due to non-payment continues. Having fewer enrollees than initially expected is certainly not...
  • Illinois' Obamacare plans seek big 2017 premium hikes

    08/02/2016 6:57:18 AM PDT · by EVO X · 24 replies
    Chicago Tribune ^ | August 2, 2016 | Lisa Schencker
    Insurers want to crank up the cost of health insurance premiums by as much as 45 percent for Illinois residents who buy coverage through the Affordable Care Act's marketplace. Blue Cross Blue Shield of Illinois, the most popular insurer on the state's Obamacare exchange, is proposing increases ranging from 23 percent to 45 percent in premiums for its individual health-care plans, according to proposed 2017 premiums that were made public Monday. The insurer blamed the sought-after hikes mainly on changes in the costs of medical services.