Arkansas’s Obamacare Medicaid expansion has been a costly misadventure. The expansion has been so misguided in fact, that lawmakers voted earlier this year to end it, effective December 31, 2016.
That hasn’t stopped state bureaucrats from scurrying to institute a new component of expansion that makes the program even worse.
The administration’s victory in the latest Obamacare case, King v. Burwell, has relieved Congress of the need to quickly repair or replace the Affordable Care Act. But that does not mean Congress should sit back and wait for the 2016 election and a Republican president to fix the law. In fact, Republicans may have an easy way to reach their policy objectives, in a manner that might attract bipartisan support and even a signature from President Obama.
Oregon’s insurance regulator has approved big premium increases sought by health plans for 2016 under the health law, and in some cases ordered higher raises than insurers requested, signaling that the cost of insurance for people who buy it on their own could jump after two years of relatively modest growth.
Many of the Obamacare health insurance co-ops are either burying in obscure tax return footnotes vital information about extravagant compensation paid to their top executives or they’re simply not bothering to report it at all, according to a Daily Caller News Foundation investigation.
The Supreme Court ruling upholding subsidies on the federal health-insurance exchange may prompt state-run exchanges to forge regional networks or use the federal marketplace.
Many of the dozen states operating exchanges under the Affordable Care Act are encountering financial strains, and could join the three dozen states already using the federal marketplace, HealthCare.gov. Some policy experts say it’s possible most of those states will eventually do just that, creating a largely national exchange program.
Health insurance premiums are poised to go up for 220,000 Oregonians who buy their own coverage, according to the state’s proposed rates unveiled Thursday.
In some cases, insurance companies proposed rates that were similar to or better than the current rates, but they were told by the state that they must be raised. The state says the cost of medical care has far outstripped revenue, forcing insurers to dip into reserve funds.
More than 220,000 Oregonians who buy their own health insurance are poised to pay higher premiums next year — some of them a lot higher.
State regulators on Thursday announced rates for people who aren’t covered by their employers or government programs. And the news is not good.
While some insurers proposed rates similar to or better than this year’s, officials are ordering them to be raised — saying they need to close a sizable gap between what insurers have collected and what they spend on claims.
Last week, the White House released a report outlining the economic benefits to states of expanding Medicaid. The report continues a line of argument the Obama administration has used in encouraging states to expand Medicaid under the Affordable Care Act, the president’s health-care law.
The administration faces several obstacles in attempting to sell this argument to reluctant states.
Leading Republicans are charging that the Obama administration is illegally funding yet another part of Obamacare, in addition to the part of the healthcare law over which House Republicans are already suing.
Their latest criticism centers on the Affordable Care Act’s basic health program, an optional program for states that started this year, in which low-income residents can get subsidized, state-contracted health plans instead of buying them through the new online marketplaces.
This week, Hawaii pulled the plug on its state-created Obamacare exchange. Gov. David Ige (D) declared that the Hawaii Health Connector has been “unable to generate sufficient revenues to sustain operations.” The decision to kill the exchange will cost taxpayers $200 million, a relative bargain compared to the political-inspired fiasco that happened with the Oregon version of the Obamacare exchange — Cover Oregon.