Real Clear Politics– 42% Approve, 52% Disapprove of the health care law.Details
April 15, 2015 Congress just passed a big bipartisan health care bill, overwhelmingly and on a tight timeline. Now, some Democrats might hope the Supreme Court didn’t notice.
Republicans and Democrats defied just about everyone’s expectations by passing a permanent “doc fix” after punting on the issue for more than a decade.Details
WASHINGTON, April 16 – Today the Competitive Enterprise Institute (CEI) released a report by finance expert Scot Vorse that shows many states knew as early as 2011 that they might not receive tax credits if they opted out of establishing a state-based health insurance exchange. Whether nonparticipating states had adequate knowledge that they were putting their Obamacare subsidies at risk is a critical question in CEI’s Supreme Court case, King v. Burwell.
Vorse obtained emails related to a January 2012 letter sent by seven states to the U.S. Department of Health and Human Services (HHS).
The tax filing season has uncovered lingering wrinkles in the 2010 health-care law that have caused headaches for consumers who incorrectly estimated their income, didn’t use a government exchange to buy an insurance plan or changed coverage during the year.
Marta Chapman saw her anticipated $850 federal refund wiped out because she received too much in advance tax credits in 2014 to pay her insurance premiums under the Affordable Care Act. That prompted her to drop her plan for this year.
“I canceled because I was very upset. To me it was kind of a trick,” said the 48-year-old personal-care aide in Aztec, N.M. “If I knew that, I wouldn’t have got the insurance.”
Federal officials said they have been working hard to help people get used to the law’s system of financial help to pay health premiums, and will continue to try to make it easier for them.Details
Doctors in the United States appear as bitterly divided over the Affordable Care Act as the general public.
The Affordable Care Act (ACA), also called Obamacare, has been a lightning rod since it was signed into law in 2010.
Five years after its enactment, the healthcare reform legislation still divides the American public.Details
House Committee on the Education and the Workforce
Subcommittee on Health, Employment, Labor, and Pensions
“Five Years of Broken Promises:
How the President’s Health Care Law is Affecting America’s Workplaces”
Tuesday, April 14, 2015
Mr. Chairman, Mr. Ranking Member, Members of the Committee,
My name is Tevi Troy, and I am the President of the American Health Policy Institute, adjunct fellow at Hudson Institute, and a former Deputy Secretary of the U.S. Department of Health and Human Services, as well as a former senior White House Domestic Policy Aide. The American Health Policy Institute is a 501(c)3 think tank dedicated to studying the issue of employer sponsored health insurance and highlighting the challenges employers face in offering care to their employees and their dependents.
Repealing the ACA’s individual mandate would result in 7 million fewer insured Americans in 2025 but would reduce federal spending on financial assistance by $191 billion, American Action Forum President Douglas Holtz-Eakin, who backs axing the mandate, told the House Ways and Means health subcommittee Tuesday.Details
Thumbs Down, way down, to everyone responsible for the fiasco known as Nevada Health Link, the state exchange for purchasing health insurance online.
As the deadline to file tax returns arrives tomorrow, we suspect plenty of taxpayers have discovered that Nevada Health Link and Xerox, hired to run the online system but since fired, created an accounting nightmare and cost some exchange customers a chunk of change. What’s worse, those responsible for this nightmare don’t appear to care one bit about the mess they created.
In accordance with the Affordable Care Act, those who purchased insurance through the exchange in 2014 have to report on their tax returns what they paid for premiums and how much they received in tax credits or subsidies for that coverage. The figures are reported in a federal tax form known as a 1095-A. The form is prepared and distributed by the exchange.Details
The special health insurance enrollment period set up for people surprised by their tax penalties hasn’t appeared to increase either awareness or enrollment by much, new research shows.
People who live in the 34 states that use HealthCare.gov and didn’t know about the requirement to have health insurance can sign up through April 30 for 2015 coverage.
But nearly half of people planning to file taxes said they had heard nothing or very little about the requirement to report whether they have insurance on their tax return, according to new research funded by the Robert Wood Johnson Foundation..
“Very few people are reacting to the news by insuring,” said Kathy Hempstead, who directs insurance coverage issues at RWJF.
“So far it doesn’t seem we’re seeing this mass teachable moment.”Details
A new report shows that as the United States’ tax system grows more complicated because of Obamacare regulations, the economy is taking more of a hit.
According to data from the National Taxpayers Union Foundation (NTUF), complying with the federal income tax cost the economy about $234 billion in productivity last year.
The group came to that figure by adding the out-of-pocket cost of tax preparation assistance ($31.7 billion) and the estimated cost of $202.1 billion due to lost labor hours Americans spent dealing with their 2013 tax returns that were filed in 2014.
Special: IRS Loophole That Could Protect You From Economic Instability
The economic hit was lower than the previous year by almost $10 billion, and the NTUF concludes that “was an anomaly.”
The increase to this year’s figure, according to the NTUF, stems from the Affordable Care Act and the mountain of paperwork it has created at the IRS.
“Looking deeper at NTUF’s research, there is one big reasDetails