About 1,000 health care economists from around the country descend on Philadelphia this week for the biennial conference of the American Society of Health Economists. Think of it as Woodstock for health geeks who will, over several days, present nearly 550 papers covering insurance, hospital mergers and a host of other issues. Of all those,…

Details

California Governor Jerry Brown signed a bill into law allowing unauthorized immigrants to buy health insurance on a state exchange created under the U.S. Affordable Care Act, making the state the first in the country to offer that kind of coverage. The law lets the state request a waiver from the federal government that will…

Details

Republican Obamacare replacement plans released so far would change the federal tax code to mitigate the cost of health insurance for individuals and families. The Sessions-Cassidy legislation would provide a universal health insurance tax credit (UHITC) of $2,500 for individuals and $5,000 for married couples filing jointly, plus $1,500 per qualifying dependent. A plan Price…

Details

Many people contend that we should not worry about the premium rate shock because the ACA insulates most people from gross premiums. The oft-repeated idea is that the ACA basically requires only that people pay a percentage of their income in premiums. So, unless income goes up, a person’s net premium stays the same. Reporters, pundits…

Details

The U.S. Department of Health and Human Services on Thursday trotted out insurance executives who have found success selling health plans to individuals via the online insurance exchanges, a key part of the Affordable Care Act. The conference, held in Washington and live-streamed to journalists and others, gave industry executives an opportunity to outline their…

Details

Millions of people who pay the full cost of their health insurance will face the sting of rising premiums next year, with no financial help from government subsidies. Renewal notices bearing the bad news will go out this fall, just as the presidential election is in the homestretch. “I don’t know if I could swallow…

Details

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…

Details

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…

Details

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…

Details

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,…

Details