Obamacare was supposed to reduce health expenses for Americans, but that’s not how it’s working out. Although many have benefited from government subsidies or the ability to buy insurance, health-care costs continue to rise and eat up a bigger percentage of household budgets. In a recent though little-noticed study, economist Ann C. Foster at the…Details
Health and Human Services Secretary Sylvia Mathews Burwell recently told reporters that in the marketplace, “85 percent of folks receive subsidies.” This leaves out something important: that there are millions of people buying their own coverage outside of the marketplace. And none of them receive subsidies. So they don’t have any financial cushion to protect against…Details
Minnesota’s Democratic governor said Wednesday that ObamaCare “is no longer affordable” for many people. “Ultimately … the reality is the Affordable Care Act is no longer affordable to increasing numbers of people,” Gov. Mark Dayton said, according to a transcript provided by his office. Democrats have long acknowledged that improvements need to be made to the health…Details
More than 50 conservative groups are asking lawmakers to block payments to insurers under Obamacare they say would be a “bailout” of insurance companies. The groups, which include Freedom Partners, Americans for Prosperity, Americans for Tax Reform and Heritage Action, are calling on Congress in a Wednesday letter to block payments using taxpayer money from going to…Details
More than 50 fiscally conservative groups are asking Congress to prevent the Obama administration from giving insurers “bailouts” for their Obamacare losses.
Congress should take two steps toward that end, according to a letter sent Wednesday by Freedom Partners and dozens of other groups.
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Ever since the Affordable Care Act’s insurance marketplaces opened for business in 2014, the Obama administration has worked hard to get Americans to sign up. Yet officials now are telling some older people that they might have too much insurance and should cancel their marketplace policies. Each month, the Centers for Medicare and Medicaid Services…Details
When asked by a voter during Sunday night’s presidential debate what she would do about skyrocketing costs under Obamacare, Hillary Clinton praised the law’s expansion of coverage, and also vowed to “fix” the problems with the law to get costs under control. However, her plan for fixing Obamacare, far from solving its problems, would make…Details
The problems emerging in the exchanges are a symptom of a larger disease, which is that the ACA moved far too much power and regulatory control over the health sector to the federal government. Building a broader consensus around reform of the individual insurance market will almost certainly require revisiting other fundamental aspects of the…Details
Hillary said on Tuesday: “We got to fix what’s broken and keep what works, . . . We’re going to tackle it and we’re going to fix it.” Secretary Clinton is exactly correct — if by “fix” she means enacting a proposal that could line the pockets of businesses to the tune of nearly a trillion dollars while simultaneously jacking…Details
A House Republican is circulating a letter among his colleagues urging Speaker Paul Ryan (R-Wis.) to sue the Obama administration to prevent millions of dollars in legal settlements with ObamaCare insurers. The letter from Rep. Chris Stewart (R-Utah) says a lawsuit should be initiated to prevent a potential payout from an obscure legal fund at…Details