The number of part-time workers in jobs for economic reasons shot up by 468,000, apart from the 458,000 that left the workforce altogether.  Slack work or business conditions accounted for 181,000 of these jobs, while another 77,000 could only find part-time work. Analysts at Goldman Sachs have noticed this trend for some time, and put…

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The Geisinger Health Plan foresees health costs rising 7.5% next year, but requested a 40% rate increase. The plan, which is run by one of the nation’s top-rated health organizations, underestimated the cost of covering the newly insured under ObamaCare. “Our rates for Medicare, Medicaid and employer-sponsored insurance have been relatively stable, but those products…

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Last month, the Kaiser Family Foundation released the results of its 2016 survey of 671 people who purchased individual market plans compliant with the new mandates and rules established by the Affordable Care Act (ACA). As many insurers announce large premium hikes for next year and others announce they are withdrawing from the market, the…

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The Obama administration is seeking to limit short-term health policies that include features largely banned under the Affordable Care Act, a proposal that could crimp a profitable and growing business for some insurers. Under a proposed rule released Wednesday, insurers would only be able to offer short-term health policies that last less than three months,…

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The Affordable Care Act’s employer mandate has at least modestly led to a rise in involuntary part-time employment, according to a Goldman Sachs study released Wednesday. “We would estimate that a few hundred thousand workers might be working part-time involuntarily as a result of the Affordable Care Act,” said Alec Phillips, an economist at the…

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More than two-thirds of state benchmark plans violate federal requirements to cover treatment for addiction disorders. The National Center on Addiction and Substance Abuse surveyed addiction treatment benefits offered among 2017 Essential Health Benefits benchmark plans and found none offered a comprehensive array of addiction treatment benefits. The report cites benchmark plans, which determine the…

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Kentucky Governor Matt Bevin is making good on his campaign promise to close the doors on Kynect, the state’s Obamacare exchange. While Democratic former Governor Steve Beshear and a handful of Obamacare supporters have made waves about that decision, it has raised a bigger question: Does it make sense to run a state-based exchange? Kynect…

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Donald Trump’s inconsistencies on health policy are baffling experts and deepening the doubts that conservatives have about his candidacy. The presumptive Republican presidential nominee has put forward a healthcare plan on his campaign website that leaves out many of the bolder promises he has made during debates and speeches. Trump has repeatedly promised to “take…

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The Congressional Budget Office and the Joint Committee on Taxation estimate that the total net subsidy provided by the federal government for people under the age of 65 will amount to approximately $660 billion in 2016. The CBO and JCT project that this subsidy will rise annually at a rate of 5.4 percent. The forecasted net…

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The looming collapse of the Obamacare exchanges is prompting calls for even more government involvement in healthcare — even a single-payer system. It takes a special kind of reasoning to respond to the spectacular failure of government that is Obamacare by calling for, well, even more government. Obamacare is faltering. No matter who wins in November,…

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