The federal government will bear a disproportionate burden of premium increases in states with high rates of subsidized enrollees. Double digit premium increases are likely in many markets in 2014. Age distribution among enrollees varies by state, which may influence plans’ interest in each market.Details
“Sometimes there really are economies of scale. And the nation’s health insurance exchanges may be a case in point.
As rocky as the rollout of HealthCare.gov was, the federal exchange was relatively efficient in signing up enrollees. Each one cost an average of $647 in federal tax dollars, an analysis finds. It cost an average of $1,503 – well over twice as much – to sign up each person in the 15 exchanges run by individual states and Washington, D.C.”Details
“With enrollment in the Obamacare exchanges now closed, Democrats and their friends in the media are ebullient. Obamacare is an enormous success, they say, and conservatives have been humiliated. On closer inspection, however, things seem decidedly less bullish for President Obama’s signature achievement. “Details
“Our analyses as well as that of others find that eliminating the employer mandate will not reduce insurance coverage significantly,
contrary to its supporters’ expectations. Eliminating it will remove labor market distortions that have troubled employer groups
and which would harm some workers. However, new revenue sources will be required to replace that anticipated to be raised
by the employer mandate.”
“Obamacare’s twice-delayed employer mandate will hit low-wage workers the hardest, according to a study released Friday.
The Robert Wood Johnson Foundation and the Urban Institute released a report examining the effects of repealing the employer mandate or moving ahead. The employer mandate peg of the health care law will barely affect the uninsured rate, researchers found.”Details
“One of the principal flaws in the coverage of Obamacare’s exchange enrollment numbers to date has been that the press has not made distinctions between those who have “signed up” for Obamacare-based plans, and those who have actually paid for those plans and thereby achieved enrollment in health insurance. A new survey from McKinsey indicates that a large majority of people signing up are now paying for their coverage. This is progress for the health law. But the survey still indicates that three-fourths of enrollees were previously insured.”Details
“Scrapping the ObamaCare mandate for employers to provide insurance would have little impact on the number of people with coverage, according to a new study.
The nonpartisan Robert Wood Johnson Foundation, which conducts health policy research, found eliminating the controversial requirement would result in about 200,000 fewer people having health insurance in 2016.”Details
“The total cost to implement Obamacare in Massachusetts surpassed a half-billion dollars yesterday, as the Health Connector board agreed to seek an additional $121 million in federal funds to try to rescue the money-hemorrhaging health exchange.”Details
“Many lawmakers on both sides of the aisle agree universal health insurance is the central goal of successful healthcare reform. The left sold the Affordable Care Act on this promise; the right hopes to do the same with an alternative plan set to be unveiled later this year.
Both sides are trying to fix the wrong problem. Universal health insurance is profoundly different from better healthcare, and so long as reformers focus on the former, the latter will continue to deteriorate.”Details
“The people who signed up for health coverage with Blue Cross Blue Shield of North Carolina through the Affordable Care Act’s online marketplace are older and sicker than expected, which could mean higher premiums in the future, the insurer said Thursday.”Details