In the four years since passage of the Affordable Care Act (ACA), we have heard a wide range of speculative predictions about how private employers sponsoring health coverage would respond. More recent evidence from one of the oldest and largest annual surveys of employer plans, by human resources consulting firm Mercer, provides stronger indications that employer sponsors are neither heading for the exit doors nor sitting by passively as broader implementation of Obamacare unfolds.Details
“About 5 percent of Americans who were uninsured last year got coverage in 2014, and more than half of those — about 2.8 percent of the population — obtained their plan through an Obamacare exchange, according to a Gallup poll released Monday. The poll, taken after the close of the first enrollment season, pegged the uninsured rate at more than 13 percent.”Details
“It’s the tax at the heart of Obamacare, but just more than 1 percent of Americans will end up paying it, according to an analysis by the Congressional Budget Office.
The CBO and the Joint Committee on Taxation (JCT) slashed their estimates for how many people will pay the individual mandate tax penalty in 2016 by a third — to 4 million from 6 million — citing exemptions granted by the Obama administration, including exemptions for people whose plans were cancelled because they did not meet the Affordable Care Act’s requirements.”Details
“Let’s face it, health reform in 2014 is going to be pretty boring from here on out. Why? It’s an election year. That might seem counterintuitive, since the Affordable Care Act (ACA) demonstrated the haunting dance of partisan politics and policy making at its least consensus building. So why the yawns for 2014? Because the positions of the advocates and detractors of ACA are pretty well set in stone going into the mid-term elections.”Details
“For months we’ve been hearing about consumers’ struggles with the state’s new health exchange program. Jesse Jones explains that they’re not alone in the fight — even some of the people paid to work the system are having a hard time.
Martha Gant is an insurance agent who’s used to helping others but now she’s the one in need.”Details
“When I wrote last week about the slow start for Obamacare’s small business exchanges, I mentioned that some states could slow down the marketplaces’ progress even further in 2015 because of a possible delay recently created by the Obama administration.
The small business exchanges, like the law’s individual exchanges, are a virtual marketplace where businesses with 50 or fewer employees can compare health plans. Besides offering a limited tax credit, Obamacare small business exchanges, or SHOP, are supposed to offer one particular feature that changes the healthcare landscape for small companies: choice.”
“The Obama administration is revamping HealthCare.gov and scrapping significant parts of the federal health-insurance marketplace in an effort to avoid the problems that plagued the site’s launch last fall, according to presentations to health insurers and interviews with government officials and contractors.
But the makeover—and the tight timeline to accomplish it—are raising concerns that consumers could face another rocky rollout this fall when they return to the site to choose health plans. Some key back-end functions,…”Details
“Congressional budget scorekeepers estimated Thursday that only a fraction of the people without health insurance in 2016 will actually pay a penalty under ObamaCare’s individual mandate.
In a new analysis, the Congressional Budget Office (CBO) said only 4 million of the 30 million who are expected to be uninsured in 2016 will pay a fine.”Details
“For Democratic lawmakers who were hesitant to sign onto the sweeping 2010 health care law, one of the most powerful selling points was that the Affordable Care Act would actually reduce the federal budget deficit, despite the additional costs of extending health insurance coverage to the uninsured.
Four years after enactment of what is widely viewed as President Barack Obama’s key legislative achievement, however, it’s unclear whether the health care law is still on track to reduce the deficit or whether it may actually end up adding to the federal debt. In fact, the answer to that question has become something of a mystery.”
“One in five Americans now gets their health insurance through the Medicaid program, new data released by the Obama administration Wednesday show.
Enrollment in the program has grown quickly in states expanding the public insurance program as part of Obamacare. Those states had 15.3 percent more enrollees than they did before the Medicaid expansion. Non-expansion states’ Medicaid programs have grown by 3.3 percent over the same time period.”Details