Mississippi will be ground zero for ObamaCare’s individual mandate to buy coverage or pay a tax penalty. The state already is near the bottom when it comes to the percentage of the subsidy-eligible individuals who are enrolled via HealthCare.gov — just 38%. Now Mississippi’s subsidized premiums are about to jump far more than any of…Details
It isn’t just Obamacare premiums that are set to spike next year. The rates on commercial health plans that are sold off the Obamacare exchanges will also rise, by double digits in most states. Inflation in the health plan sector continues to grow. The latest data comes from a regular survey of commercial insurance brokers,…Details
Yesterday, the White House and Congressional leaders announced a last-minute budget agreement that avoids a so-called government shut-down for now. The deal has four health-related items, and is expected to reduce net federal health spending by about $4.5 billion over five years, and $15.5 billion over ten years. Overall, it is not a bad deal…Details
Voters in the battleground state of Colorado will likely have a big issue to vote on in 2016 — and it’s not the presidential election. The Centennial State is looking to implement a universal health care proposal that goes above and beyond what Obamacare offers. “Part of the reason Obamacare is so unpopular is that…Details
The Obama administration was able to push the Affordable Care Act — Obamacare — through Congress in part because the Congressional Budget Office said it would modestly reduce future federal budget deficits. The claim of deficit reduction rests on a shaky foundation. It depends entirely on the uninterrupted implementation of four carefully constructed “indexing” provisions.…Details
The clock is ticking on new rules under the Affordable Care Act that aim to ensure that hospitals devote more resources to charity care. But an article in the New England Journal of Medicine argues that the changes, known as Section 501(r) under the Internal Revenue Code, may not be yielding the desired effect. Section…Details
A 10th co-op created under Obamacare has collapsed. Combined, the failed nonprofit insurance companies have received more than $1 billion in loans, with more than 600,000 consumers affected. The latest casualty, the Utah Insurance Department, announced yesterday that Arches Health Plan, a consumer-oriented and operated plan, or co-op, will not sell insurance in 2016. The…Details
Consumers shopping for health insurance on healthcare.gov will see premiums increase by an average of 7.5 percent, according to data released by the U.S. Department of Health and Human Services on Monday. Open enrollment begins on Sunday, Nov. 1.
Many health plans sold through the Affordable Care Act in 2015 are so limited they don’t offer patients access to some medical specialists such as endocrinologists, rheumatologists and psychiatrists, a new study suggests. That may be forcing some patients to pay thousands of dollars out of their own pockets for any care provided by these…Details
Some health insurance plans sold on the Affordable Care Act’s federal marketplace may not provide reasonable access to medical specialists, new research suggests. Under the act, also known as Obamacare, the federal marketplace offers subsidized private health insurance to consumers in states that didn’t establish their own health insurance exchanges.