President Donald Trump plans to end a key set of Obamacare subsidies that helped lower-income enrollees pay for health care, the White House said Thursday, a dramatic move that raises questions about the law’s future. The late-night announcement is part of Trump’s aggressive push to dismantle aspects of his predecessor’s signature health law after several…Details
The West Virginia Insurance Commission approved rate increases for Highmark West Virginia and CareSource Insurance’s services sold in the “Obamacare” exchange. MetroNews learned Tuesday premiums for Highmark West Virginia will increase by 25.6 percent, while CareSource Insurance will have a 19.6-percent increase in its rate. Eight-five percent of the around 25,000 residents who received health…Details
President Trump’s executive order directs federal agencies to write new rules that would allow consumers to buy less regulated, less expensive health insurance plans. The agencies will take months to enact new regulations and after that it’s unclear when consumers should expect premium relief. But this could be a game changer for those seeking more…Details
President Trump is wielding his rule-making power to get closer to his goal of repealing and replacing Obamacare. His executive order issued Thursday broadly tasks the administration with developing policies to increase health care competition and choice in order to improve the quality of health care and lower prices. The order, President Trump said, would give “millions…Details
One piece of this week’s order directs the Labor Department to “consider expanding access” to Association Health Plans, which would allow small businesses to team up to offer insurance. The order also seeks to expand the flexibility and use of health reimbursement arrangements, giving employees more flexibility in how they spend the pretax dollars in their…Details
The plan Iowa has developed to salvage its insurance market — the Iowa Stopgap Measure — suffers three major flaws. Although the Iowa Stopgap Measure helps upper middle class Iowans afford health insurance, it illegally deprives poorer Iowans of the ability to make use of health insurance. The Iowa Stopgap Measure creates effective marginal tax rates of…Details
President Trump will sign an executive order on Thursday morning aimed at taking action on health care after Congress’s failure to repeal ObamaCare. The order will ease rules on small businesses banding together to buy health insurance, through what are known as association health plans, and lift Obama administration limits on short-term health insurance plans, according to…Details
In a strongly worded letter to the Trump administration, Oklahoma’s health commissioner recently expressed frustration that a state waiver to lower costs for Obamacare customers had not been approved as quickly as federal officials had promised. The proposal called for a reinsurance program in which government funding pays for costly medical claims while keeping prices down for other customers. Having…Details
Congressional Republicans have failed to repeal and replace the Affordable Care Act, but some of them aren’t ready to stop campaigning on that promise. “I don’t see any problem with talking about repeal and replace. We still want to do it. It’s not over,” Senate Finance Committee Chairman Orrin Hatch said.
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Paul Melquist of St. Paul, Minn., has a message for the people who wrote the Affordable Care Act: “Quit wrecking my health care.” Teri Goodrich of Raleigh, N.C., agrees. “We’re getting slammed. We didn’t budget for this,” she says. Millions of people have gained health insurance because of the federal health law. Millions more have…Details