Blue Cross and Blue Shield of New Mexico announced on Wednesday it “will not offer individual on-exchange health insurance products on the New Mexico Health Insurance Exchange in 2016.”
Officials say the rates of Blue Cross and Blue Shield of New Mexico did not cover the claim costs in 2014 and 2015 according to Albuquerque Business First.
Most politicians like to rhapsodize about small businesses – Main Street as opposed to Wall Street – even if their contributions and voting records betray a preference for the latter.
A leading claim made in support of passage of the Affordable Care Act was it would be good for small businesses. In his September 2009 speech to a joint session of Congress, President Obama touted the benefits for small businesses buying through an exchange: “As one big group, these customers will have greater leverage to bargain with the insurance companies for better prices and quality coverage. This is how large companies and government employees get affordable insurance.”
If you bought Obamacare in Georgia or Florida you most likely don’t have a lot of options for choosing doctors or hospitals, according to a new study showing that some enrollees may have less choice than others.
After talking about it endlessly, Republican presidential candidates are finally starting to get specific about how they intend to replace the Affordable Care Act. Wisconsin Governor Scott Walker released his plan last week. As the reaction to it shows, Republicans have to be ready with answers to a lot of hard questions.
If you like your flexible spending account … you might not be able to keep your flexible spending account.
Obamacare’s looming “Cadillac tax” on high-cost health plans threatens to hit 1 in 4 U.S. employers when it takes effect in 2018—and will impact 42 percent of all employers by a decade later, according to a new analysis.
Sign-up season for President Barack Obama’s health care law doesn’t start for another couple of months, but the next few days are crucial for hundreds of thousands of customers at risk of losing financial aid when they renew coverage for 2016.
Call them tardy tax filers: an estimated 1.8 million households that got subsidies for their premiums last year but failed to file a 2014 tax return as required by the law, or left out key IRS paperwork.
Republican presidential candidates are starting to roll on health reform. I mean that in a good way, like when the pilot accelerates down the runway and says “Let’s roll.” Governor Scott Walker (WI) just released his 15-page “Day One Patient Freedom Plan.” U.S. Senator Marco Rubio (FL) has written an op-ed in Politico that needs more detail, but contains a significant reform similar to Governor Walker’s.
A federal government analysis that said Arizona’s health insurance co-op had gotten just a fraction of its projected enrollment last year missed thousands of signups and incorrectly showed the state not-for-profit set up under the Affordable Care Act signed up only 4% of the people it expected in 2014.
Recent reports have touted a significant drop in the number of uninsured and generally credited Obamacare for it. And, other reports have recently highlighted about 950,000 more people signing up for Obamacare since the 2015 open enrollment closed but haven’t said anything about the number of people who dropped their coverage during the same period.
As one headline put it, “After Obamacare Number of Uninsured Hits Five Year-Low.” Now, this headline might be technically correct but it hardly gives us the proper impression for why the uninsured rate has dropped so low.
Typical federal government right hand/left hand confusion has some graduate students at the University of Missouri in Columbia turning their pockets inside out to scrape together enough money to afford health benefits.
On one hand, Obama administration education officials are pushing for colleges and universities to ease the rising cost of attending college, increase institutional need-based scholarships and do whatever they can to help students avoid drowning in student-loan debt.
Read more here: http://www.kansascity.com/news/government-politics/article31634975.html#storylink=cpy