Articles on the implementation of ObamaCare.
Humana will lose money on its 2016 individual market health plans, and the health insurer expects up to 300,000 will drop their coverage by the end of this year, according to a Securities and Exchange Commission filing released late Friday.
It marks the second investor-owned insurer to publicly disclose the problems it is having with the Affordable Care Act’s insurance markets. UnitedHealth Group has lost millions on the marketplace and said it may exit the exchanges by 2017 if things don’t turn around.
About 1.4 million households that got financial help for health insurance under President Barack Obama’s law failed to properly account for it on their tax returns last year, putting their subsidies at risk if they want to keep coverage. The preliminary figures were released by the IRS late Friday afternoon, a time when the government often reports unfavorable developments.
The Obama administration so far is making little progress in getting more young adults to sign up for health policies on the federal insurance exchange, according to figures released Thursday.
26% of people who signed up for coverage as of Dec. 26 in the 38 states that use the federal exchange were ages 18 to 34, according to a report from the Centers for Medicare and Medicaid Services, which administers the law. That figure is largely unchanged from a roughly comparable two-month period through Jan. 16, 2015.
This week, a bill – the Restoring Americans’ Healthcare Freedom Act – will go to President Barack Obama’s desk. This bill would repeal his signature domestic policy achievement, the Affordable Care Act or ObamaCare. Of course the president will veto this bill, and he and his supporters will say this is no more than Republican political theatre.
But they’re wrong; it’s not just a stunt. Rather, this bill achieves three important things: It shows that Republicans are dedicated to fighting a bad policy with demonstrably bad results. It confirms that Republicans are listening to the will of the people on this policy. And Republicans are reminding the public that they can be trusted to repeal ObamaCare with a new Republican president.
UnitedHealth Group Inc., the largest U.S. health insurer, said its rates for ObamaCare plans in New York may be too low because the failure of a competing insurer last year might lead to shortfalls in payments designed to stabilize Obamacare markets.
In states like New York, health insurers participating in ObamaCare negotiate annually with regulators to set prices for coverage. UnitedHealth’s rates were set anticipating risk-sharing payments designed to stabilize the new insurance markets, William Golden, the company’s northeast region chief executive officer, said Wednesday. If the loss of a participant reduces the funds available to UnitedHealth, the company’s rates in New York’s ObamaCare market may be insufficient, he said.
Going into President Barack Obama’s last year in office, progress has stalled on reducing the number of uninsured Americans under his signature health care law, according to a major survey out Thursday.
The share of U.S. adults without health insurance was 11.9% in the last three months of 2015, essentially unchanged from the start of the year, according to the Gallup-Healthways Well-Being Index. The ongoing survey, based on daily interviews with 500 people, has been used by media, social scientists, and administration officials to track the law’s impact.
The Congress has, for the first time, sent legislation to the president repealing great swaths of ObamaCare. The House passed repeal bills in every Congress since the health overhaul law was enacted, but the Harry-Reid-controlled Senate never acted, blocking the bills from reaching the Oval Office. Mr. Obama will veto the bill, of course, but it sets an important marker for action that Congress could take next year under a new president who would sign the legislation.
Today, the House will pass a budget-reconciliation bill that repeals ObamaCare and stops taxpayer funding to abortion providers. After more than 50 House votes to repeal ObamaCare in part and in full, and after the conscience of our nation was awakened again to the great evil of the abortion industry, we will put this bill on the president’s desk.
Unfortunately, we know and have known for a while that President Obama will veto any bill that repeals ObamaCare or defunds Planned Parenthood. That isn’t news. But with this bill, Republicans show that we have listened to the American people and can use reconciliation to pass substantive policies despite opposition from congressional Democrats and the constant threat of filibuster. That means we can repeat this same process with a Republican in the White House, overcome obstruction from congressional Democrats, and accomplish our greatest priorities.
Congress returns to work this week, and for once those words shouldn’t trigger a panic attack. As early as Wednesday the House will vote to send a bill repealing most of ObamaCare to President Obama, and this may become a consequential moment, assuming Republicans are prepared to make an argument.
The task now is to leverage Mr. Obama’s veto to hold Democrats accountable for their votes and the consequences. Liberal spin can’t disguise that the law is failing on every level other than expanding coverage—as if anyone ever argued that a new entitlement couldn’t reduce the uninsured rate.
For the first time, Congress is passing a bill to gut ObamaCare and sending it to President Barack Obama’s desk. That vote occurs Wednesday in the House, after the Senate passed the package last month.
The bill awaits a veto, as both parties have always known. Even so, the final Affordable Care Act repeal package reflects the results of a long, careful drafting process that, for Republicans, undoes as much of ObamaCare as possible.
Republicans tout the bill as a concrete example of what would be accomplished under a Republican president, acknowledging that Obama will never sign a repeal of his signature domestic policy. This bill, they say, paves a path forward to a life without the ACA in 2017.