The federal government should do more to prevent people from fraudulently obtaining health insurance subsidies under the Affordable Care Act, the U.S. Government Accountability Office said in testimony to the Senate Finance Committee.
The testimony, delivered on Thursday in person and in writing by GAO spokesman Seto Bagdoyan, caps an extensive investigation by the GAO which found that, as of last April, about 431,000 people were still allowed to receive subsidies for insurance purchased through the federal exchange in 2014 despite possible inconsistencies in their applications.
The White House is looking to avoid a partisan flare-up as it rings in the sixth anniversary of ObamaCare.
In a series of events this week, the Obama administration will look beyond the law’s central issues of access and affordability and explore the “next chapter” of healthcare reform.
The White House’s weeklong focus on system-wide reforms — rather than the record low uninsured rate or popular provisions like banning insurance providers from denying coverage based on a pre-existing condition — reflects growing confidence in the administration that the law will stay on the books after Obama leaves office.
Thousands of taxpayers must do without a form needed to claim a tax credit for their overpriced health-insurance premiums.
Nationwide, hard-working Americans are struggling to meet the April 18 IRS filing deadline. Standing in the way: the bumbling Obamacare bureaucracy.
There’s much more to fix in the health care system than the lack of price and quality information. And given the status quo of blunt benefit designs, the benefits of greater transparency may be limited. But transparency initiatives can and should help improve insurance benefit designs, directing patients to more cost-effective providers. This can happen with or without patients spending their own money.
The co-ops represent a modest component of the sweeping 2010 health law that put new coverage requirements on insurers and required most Americans to have health insurance or pay a penalty. The co-ops were included to foster nonprofit health insurance providers to compete in the individual and small group markets.
The report will be released in advance of a Senate Finance Committee hearing on Thursday. It is likely to spur more questions about prospects of the Obama administration’s $2.4 billion co-op program.
Thousands of doctors, hospitals and providers in some states still haven’t been paid for health services given to members insured by the co-ops. More than half a million people signed up for health insurance under the ACA lost coverage or had to get new insurance because their co–op had folded.
Oregon’s health insurance co-operative is yet another Obamacare failure. It squandered taxpayer-backed handouts and loans, disappointed its customers and now has shuttered its operations.
But with an audacity that would make even Donald Trump blush, Health Republic of Oregon wants more taxpayer money. Its executives are suing the federal government to demand more government handouts.
The Obama administration just might settle the case and give Health Republic and hundreds of other insurers the $5 billion that the class-action lawsuit seeks.
Theresa O’Donnell, a Democratic-leaning voter complained that Obamacare caused her family’s health insurance premiums to double from $5,880 per year to $12,972 per year. “I would like to vote Democratic, but it’s costing me a lot of money,” O’Donnell pleaded. “I am just wondering if Democrats really realize how difficult it’s been on working-class Americans to finance Obamacare.” The audience applauded O’Donnell, showing once again that, really, not even Democrats like Obamacare.
Federal health officials approved loans to Obamacare health insurance co-ops despite “specific warnings” about across-the-board failures from Deloitte Consulting, according to a blistering Senate staff report released Thursday.
The report was released by the Senate Permanent Subcommittee on Investigations at a hearing that featured Andy Slavitt, the embattled acting administrator of the Center for Medicare and Medicaid Services (CMS) — the section of the U.S. Department of Health and Human Services that manages Obamacare.
A $5 billion lawsuit filed by a nonprofit insurer against the Obama administration for a program implemented under Obamacare is raising questions about the use of a fund available for settlements with the government and whether Congress can, and should, intervene.
According to legal experts, if the Obama administration decided to settle its class action lawsuit with Health Republic Insurance of Oregon, one of 23 co-ops started under Obamacare, and other insurers for all or part of the $5 billion it’s seeking, the money would come from the Judgment Fund, an indefinite appropriation created by Congress and administered by the Department of Treasury.
The two principal expenditures of the Affordable Care Act so far include $850 billion for insurance subsidies and a similar outlay for a massive Medicaid expansion. The truth is that Medicaid—a program costing $500 billion a year that rises to $890 billion in 2024—funnels low-income families into substandard coverage. Instead of providing a pathway to excellent health care for poor Americans, ObamaCare’s Medicaid expansion doubles down on their second-class health-care status.
Published studies have shown that pairing HSAs with high-deductible coverage reduceshealth-care costs. Patient spending averages 15% lower in high-deductible plans, with even more savings when paired with HSAs—without any consequent increases in emergency visits or hospitalizations and without a harmful impact on low-income families. Secondarily, wellness programs that HSA holders more commonly use improve chronic illnesses, reduce health claims and save money.