Insurance premiums for Affordable Care Act health plans are likely to jump by 35 to 94 percent around the country within the next three years, according to a new report concluding that recent federal decisions will have a profound effect on prices. The nationwide analysis, issued Thursday by California’s insurance marketplace, finds wide variations state to…Details
The Trump administration is preparing to offer Americans an affordable alternative to the high-cost coverage on Obamacare’s exchanges by overturning one of the previous administration’s most burdensome regulations. On February 20, the Department of Health and Human Services released a proposed rule based on President Trump’s October 12, 2017, Executive Order that would allow insurers…Details
83% agree if private insurance companies lose money selling health insurance under the Obamacare program, taxpayers should not have to bail them out to cover their losses.
67% agree subsidies to insurance companies are not only a bailout for the companies but also hide the fact that Obamacare is failing.
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Key Takeaways It appears that Congress, backed by powerful special interests in the health care industry, is getting ready to bail out, once again, Obamacare’s a failing program. The bottom line: Taxpayers still end up paying more over the next several years for a failing health insurance scheme. We are witnessing the evolution of a…Details
Late last year, President Trump issued Executive Order 13813, “Promoting Healthcare Choice and Competition Across the United States.” The goal was to help more Americans access additional affordable health care options. The executive order prioritizes three areas for improvement: association health plans (AHPs), short-term insurance, and health reimbursement arrangements (HRAs). Enhancing additional affordable options are important…Details
The only consistent characteristic of the Affordable Care Act (ACA) is its ability to generate litigation. The gift that keeps on giving for Obamacare opponents seems to defy common law doctrines curbing the practices of champerty and maintenance (frivolous lawsuits). Last month 20 state attorneys general and two governors launched the latest lawsuit in federal district…Details
The Trump administration rejected on Thursday Idaho’s plan to allow the sale of stripped-down, low-cost health insurance violates the ACA. The 2010 statute “remains the law, and we have a duty to enforce and uphold the law,” Seema Verma, the administrator of the federal Centers for Medicare and Medicaid Services, said in a letter to…Details
In a speech to hospital executives earlier this week, new Health and Human Services Secretary Alex Azar outlined his agenda for improving the value of health services provided to patients. He clearly understands that the number one problem in U.S. health care is the prevalence of wasteful spending on services that drive up costs without improving the…Details
Congress reportedly is contemplating appropriating more federal funding to prop up the Affordable Care Act (ACA, also known as Obamacare) and its harmful policy regulations. The radical and unnecessary changes in insurance regulations made by the ACA created much bigger problems in the insurance market that upended existing federal and state regulation of health insurance,…Details
A state Senate panel Monday backed legislation that requires New Jerseyans to buy insurance or pay a fee — a mandate the Trump administration will end in 2019. The move is a step toward protecting the health insurance marketplace created by the Affordable Care Act, also known as Obamacare. The federal landmark health care law requires…Details