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Keyword: obamacarepremiums

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  • Kathleen Sebelius: We don’t know how many people have paid ACA premiums

    03/12/2014 11:54:15 AM PDT · by PJ-Comix · 26 replies
    Politico ^ | March 12, 2014 | BRETT NORMAN
    HHS does not know how many of the people who signed up for Obamacare have followed through and paid their premiums, Secretary Kathleen Sebelius told a House panel this morning. “I can’t tell you because I don’t know that,” Sebelius told Rep. Tom Price at a Ways and Means Committee hearing on the agency’s budget.
  • Shocker: IRS estimates cheapest Obamacare plan $20k per family in 2016

    03/06/2014 7:54:53 AM PST · by SeekAndFind · 59 replies
    American Thinker ^ | 03/06/2014 | Thomas Lifson
    In an official document, the Internal Revenue Service, the enforcer of Obamacare’s mandates, is estimating that the cheapest Obamacare plan (the Bronze level of coverage) will cost a family of four $20,000 per year. Matt Cover of CNS News writes: The IRS's assumption that the cheapest plan for a family will cost $20,000 per year is found in examples the IRS gives to help people understand how to calculate the penalty they will need to pay the government if they do not buy a mandated health plan. The examples point to families of four and families of five, both of...
  • The Insiders: Another day, another Obamacare disaster

    02/26/2014 7:54:47 AM PST · by sr4402 · 18 replies
    The Washington Post ^ | February 25 at 3:38 pm | Ed Rogers
    In a colossal “oh by the way” revelation, last Friday afternoon the Centers for Medicare and Medicaid Services (CMS), a federal agency under the United States Department of Health and Human Services (that would be the executive branch run by President Obama), quietly released a report exposing the fact that under Obamacare, two-thirds of Americans who work at small businesses will see their insurance premiums increase. So this report – which is more than two years late – says over 11 million American workers will have higher health insurance premiums because of Obamacare.
  • IRS: Obamacare Cheapest Plan $20,000 Per Family in 2016

    (CNSNews.com) – In a final regulation issued Wednesday, the Internal Revenue Service (IRS) assumed that under Obamacare the cheapest health insurance plan available in 2016 for a family will cost $20,000 for the year. Under Obamacare, Americans will be required to buy health insurance or pay a penalty to the IRS. The IRS's assumption that the cheapest plan for a family will cost $20,000 per year is found in examples the IRS gives to help people understand how to calculate the penalty they will need to pay the government if they do not buy a mandated health plan. The examples...
  • Chattanooga among cheapest markets for ObamaCare (TN)

    02/24/2014 8:01:46 AM PST · by Tennessee Nana · 5 replies
    ChattanoogaTimesfreePress ^ | February 24, 2014 | Dave Flessner
    People buying coverage through the new health care exchanges in East Tennessee are paying nearly a third less than the national average and less than half what's being charged in the nation's most expensive markets, including South Georgia. A new study by the Kaiser Family Foundation ranked Chattanooga and Knoxville among the 10 cheapest markets to purchase individual plans offered through the Affordable Care Act, also known as Obamacare. A 40-year-old buying the most popular "silver" plan offered through BlueCross BlueShield of Tennessee can get it for $181 a month, $78 a month less than the U.S. median price for...
  • GarCo residents face highest rate for Obamacare ( Colorado )

    02/23/2014 7:57:35 AM PST · by george76 · 17 replies
    Grand Junction Sentinel ^ | February 22, 2014 | Dennis Webb
    New Castle resident and business owner David Fitzsimmons used to pay $672 a month for health insurance for him and his family. This year, with the implementation of the federal Affordable Care Act that has resulted in the country’s highest rates being charged in Garfield County, he faced a minimum premium of $942 a month. “The insurance rates, frankly, it just comes down to a decision for me and my family, whether we have a roof over our heads or whether we have health insurance. The obvious answer is that we have a roof over heads,” he said Friday during...
  • WSJ: Poorer counties facing high premiums, few choices, little competition through ObamaCare

    02/13/2014 10:35:58 PM PST · by 2ndDivisionVet · 17 replies
    Hot Air ^ | February 13, 2014 | Erika Johnsen
    “My guiding principle is, and always has been, that consumers do better when there is choice and competition. That’s how the market works. Unfortunately, in 34 states, 75 percent of the insurance market is controlled by five or fewer companies. In Alabama, almost 90 percent is controlled by just one company. And without competition, the price of insurance goes up and quality goes down.” So sayeth President Obama, but so far, his crowning legislative achievement has directly resulted in a whole lotta’ restrictions on consumer choice, while his brand of top-down government-led “competition,” well… isn’t, really. On top of the...
  • Insurers: At least 20% of new ObamaCare sign-ups failed to pay their first premium on time

    02/14/2014 10:20:45 PM PST · by 2ndDivisionVet · 24 replies
    Hot Air ^ | February 14, 2014 | Allahpundit
    So Bob Laszewski was right. Fully one-fifth of the new enrollment numbers that HHS has been waving around are bogus. Their target for the end of January was 4.4 million sign-ups; a few days ago, they told the country they’d made it three-quarters of the way there with 3.3 million. In reality, once the deadbeats are bounced from the rolls by their new insurers, they’ll be in the ballpark of 2.6 million, or 60 percent of their target. And that’s after HHS pressured insurers to extend the payment deadline from December 31 into January, hoping that a little more time...
  • Next problem for Obamacare: deadbeat enrollees

    02/15/2014 10:55:40 AM PST · by Brad from Tennessee · 14 replies
    Yahoo Finance ^ | February 14, 2014 | By Rick Newman
    The big question about Obamacare this year is whether enough people will enroll to make the controversial health-reform plan viable. Another important question has been overlooked, until now: Will people pay their premiums once they enroll? The unsettling answer appears to be maybe not. The New York Times has discovered that only about 80% of people purchasing health insurance through the federal online marketplace or a similar state-run exchange paid their first month’s premium. There’s no single source of such data, but the Times canvassed insurers participating in the program, such as Aetna (AET), Wellpoint (WLP), Humana (HUM) and Blue...
  • How many Obamacare customers have paid for their plans?

    02/13/2014 8:17:59 AM PST · by rktman · 12 replies
    The Daily Caller ^ | 2/11/2014 | Sarah Hurtubise
    Democrats claim three million people have enrolled in private health insurance through Obamacare. But how many have actually paid for their plans? Several state exchanges have begun reporting the number of customers that did pay their first premiums, and some results are as low as 51 percent.
  • For Many, Few Health-Plan Choices, High Premiums on Online Exchanges

    02/12/2014 4:54:35 PM PST · by Sub-Driver · 5 replies
    For Many, Few Health-Plan Choices, High Premiums on Online Exchanges Analysis Shows Americans in Poorer Counties Have Limited Options on Health-Care Exchanges By Timothy W. Martin And Christopher Weaver Feb. 12, 2014 7:37 p.m. ET Hundreds of thousands of Americans in poorer counties have few choices of health insurers and face high premiums through the online exchanges created by the health-care law, according to an analysis by The Wall Street Journal of offerings in 36 states. Consumers in 515 counties, spread across 15 states, have only one insurer selling coverage through the online marketplaces, the Journal found. In more than...
  • Obamacare: Know Your Rates

    02/06/2014 7:43:17 PM PST · by afraidfortherepublic · 13 replies
    Forbes ^ | 2-7-14 | Courtesy of WI State Sen. Frank Lasee
    Link only: http://www.forbes.com/special-report/2013/obamacare_map_3/index2.html
  • $1 Extra in Pay Could Mean $20,000 More in Obamacare Premiums

    02/07/2014 12:45:18 PM PST · by Olog-hai · 11 replies
    Newsmax ^ | Friday, 07 Feb 2014 10:33 AM | Lisa Barron
    In the wake of Tuesday’s Congressional Budget Office report showing that Obamacare will lead to a reduction in employee working hours, there is also bad news on the wages front. Noting that Obamacare provides subsidies for coverage to people earning up to 400 percent of the federal poverty line, and that the subsidies decrease as income increases, the CBO said there is a strong incentive to reduce wages. “People whose income exceeds 400 percent of the FPL are ineligible for premium subsidies, and for some people those subsidies will drop abruptly to zero when income crosses that threshold,” the report...
  • Real Life Obamacare Small Business Example

    02/03/2014 6:40:59 AM PST · by Kaslin · 4 replies
    Townhall.com ^ | February 3, 2014 | Mike Shedlock
    Here is an interesting video regarding the effects of Obamacare on all the employees at at Simonetta's auto repair shop in Pennsylvania. The video was made by a local TV station. A couple premiums dropped, but most went up, some by huge amounts. In every case deductibles soared. Every person involved is worse off than before. Link if video does not play: Employees in Pennsylvania Company Learn of Increased Health Costs Due to Obamacare Partial Transcript Jeff and Dave used to have a $1,250 deductible. Since Obamacare went into effect, it's now jumped 60 percent to $2,000. That's nothing compared...
  • President ignores ObamaCare horror stories as human, financial costs pile up

    01/31/2014 3:42:33 PM PST · by grundle · 17 replies
    Fox News ^ | January 30, 2014 | L. Brent Bozell III
    People’s Exhibit A: Josie Gracchi has breast cancer. Up until January 1st of this year she had insurance and was scheduled for a January 3rd biopsy and follow-up treatment at one the largest private cancer treatment centers in the world: Memorial Sloan-Kettering Cancer Center in New York. But once 2014 arrived, her insurance was rolled into an ObamaCare health exchange. She now has no access to the surgeons she was working with, her biopsy and treatment have been postponed and she can’t find comparable doctors and surgeons through the ObamaCare website. She pleaded on television for help from the president,...
  • Watch: Employees in Pennsylvania Company Learn of Increased Health Costs Due to Obamacare

    01/30/2014 12:15:09 PM PST · by Timber Rattler · 22 replies
    The Weekly Standard ^ | January 30, 2014 | DANIEL HALPER
    A local news station brings viewers inside one Pennsylvania company as the employees their learn about their new health care plans under Obamacare: "Look at the numbers," says the reporter of two employees. "Jeff and Dave used to have a $1,250 deductible. Since Obamacare went into effect, it's now jumped 60 percent to $2,000. That's nothing compared to Brian, Kristi, and Judy who have kids. They are going to pay twice that, four grand." The reporter adds that co-pays are being increased, too.
  • Obamacare deadbeats: Some don't pay up

    01/30/2014 9:33:20 AM PST · by mandaladon · 38 replies
    CNN ^ | 30 Jan 2014 | Tami Luhby
    Just cause they've signed up for Obamacare doesn't mean they're covered. Around one in five people who picked health insurance policies on the state and federal exchanges last year haven't paid their first month's premiums, according to insurers polled by CNNMoney. These folks will likely see their policy selection canceled and they'll be left uninsured. Some 2.1 million people signed up for a plan in time for their coverage to start January 1, according to the Obama administration. But with the payment deadlines stretching until January 31 at the latest, anywhere between 12% and 30% of those folks still haven't...
  • Awful: Disabled Family of Four Slammed By Exorbitant Obamacare Costs

    01/22/2014 11:32:50 AM PST · by Kaslin · 26 replies
    Townhall.com ^ | January 22, 2014 | Guy Benson
    We've covered a number of horrible cases involving individuals and families being victimized by Obamacare, but this Michigan family's plight is uniquely heartbreaking: A Bangor Township family of four, all of whom have disabilities, say they fall within a niche that makes the Affordable Care Act more of a burden than a blessing. Now, they say, they'll be paying nearly $8,000 more per year for medical care after being denied coverage through Obamacare. The family in question is the Daverts — husband and wife Ken and Melissa and their 15-year-old twins Austin and Michaela. The twins and their mother are...
  • Rep. Gohmert drops health coverage, blames Obamacare

    01/21/2014 8:06:49 AM PST · by Whenifhow · 15 replies
    http://www.dallasnews.com ^ | January 20, 2014 | BEN KAMISAR
    WASHINGTON — Lots of conservative lawmakers hate Obamacare. Rep. Louie Gohmert is putting his money where his mouth is. The Tyler Republican gave up his health insurance for 2014, asserting that the president’s signature health care law, the Affordable Care Act, has made coverage too expensive. “Other people are going to see what I did when I looked into health insurance for my wife and me: that the deductible rate, it doubled, about $3,000 to $6,000, and our policy was going to go from about $300 to about $1,500 a month,” he said during a recent radio interview with Trey...
  • The Latest From Obamacare Central (Free Republic Mentioned)

    01/21/2014 4:48:46 AM PST · by Kaslin · 11 replies
    Townhall.com ^ | January 21, 2014 | David Limbaugh
    It's time for your latest Obamacare update, and it will come as no surprise to you that things are not getting any prettier for this monstrosity. Let's just take a jog down Obamacare Avenue and see what is popping out at us from the storefronts this week. Roll down your windows so you can get a clearer look: --Obamacare devotees are still clinging to the idea that this law will expand coverage, but the most recent data indicate that it may fall short of this goal, too, just as it has failed in every other respect. Forbes reports that instead...