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Expanded health insurance coverage under the Affordable Care Act, President Barack Obama’s signature legislative legacy, will cost the government more, according to an official study released Thursday. Still, on balance, the measure more than pays for itself. The nonpartisan Congressional Budget Office said the health care law will cost $1.34 trillion over the coming decade, $136…

Federal officials have been lucky until now, but the Affordable Care Act’s Internet web portal could become a hacker’s playground — with plenty of sensitive data compromised — without a significant tightening of security, according to a new report by the Government Accountability Office. The new warning comes on the sixth anniversary of the enactment…

Birthdays usually represent a time for celebration. But when it comes to Obamacare’s sixth birthday, partying is the last thing on Arizonans’ minds. Six years after the so-called Affordable Care Act was signed into law, President Obama’s litany of failed promises continue to add up. Despite all his assurances, Americans who liked their health care…

Health insurance premiums have increased faster than wages and inflation in recent years, rising an average of 28 percent from 2009 to 2014 despite the enactment of Obamacare, according to a report from Freedom Partners. The Obama administration expressed concern in 2009 about skyrocketing health care premiums in a report entitled, “The Burden of Health…

The Centers for Medicare and Medicaid Services released a white paper detailing the Centers for Medicare and Medicaid’s risk adjustment model Thursday. “CMS has implemented a risk adjustment program to mitigate the effects of risk selection on health insurance premiums for non-grandfathered plans in the individual and small group markets,” the paper concludes. “The risk adjustment program,…

The Congressional Budget Office reduced the projected number of people who will enroll on the federal insurance exchanges to 12 million from 21 million in a report released Thursday. Still, between 2017 and 2026, the CBO projects the number of insured people in the U.S. will grow from 246 million to 253 million. While the…

In year six, even with lower than anticipated enrollment in the health insurance exchanges and the refusal of 21 states to participate in the law’s Medicaid expansion, the health care cost curve is still on an upwardly mobile trajectory. It is fueled by sharp increases in both public and private health care spending. Centers for…

Based on the data included in this report, it is clear that health insurance premium costs have continued to grow despite the passage of the Affordable Care Act in 2010. Furthermore, health care premium costs are rising at a rate comparable to the years directly preceding the election of President Obama and passage of the…

The so-called “Cadillac Tax” is a 40 percent excise tax on the value of employer-sponsored health coverage that exceeds certain benefit thresholds, estimated to be approximately $10,800 for employee-only plans and $29,100 for family plans when the tax takes effect in 2020. While the name may imply the tax applies to a few individuals with…

Voters are more likely to re-elect their representative if they voted to repeal the “Cadillac” tax, though a majority of voters say it makes no real difference in their vote, a report out today from the American Benefits Council says. Overall, 37 percent of voters said their congressman voting to repeal the tax would make…