Here’s a strange paradox: Health-care costs have increased by an unsustainable rate of about 8.5% each year over the past decade, according to PwC’s Health Research Institute. Already, the average employer-based family health insurance plans costs more than $18,000 annually. But Medicare spending has been relatively stable. Over the past three years, the program’s payouts to hospitals…Details
The Oct. 26 editorial “Health-care reform that pays off” unfairly maligned a bill introduced by two committee chairmen as “dismantling major pieces of Obamacare.” It does nothing of the sort. Like the bill proposed by Sens. Lamar Alexander (R-Tenn.) and Patty Murray (D-Wash.) that the editorial praised, a bill from Sen. Orrin Hatch (R-Utah) and…Details
Federal health officials are proposing changes to rules for coverage sold through the ACA’s insurance marketplaces that, starting in 2019, would let states alter the benefits that health plans must provide and limit enrollment help for consumers. In envisioning a larger role for states in setting benefits, the draft rule would still require ACA plans…Details
The Trump administration on Friday proposed new health insurance regulations that could affect basic benefits required by the Affordable Care Act, but not for a couple of years. Loosening “Obamacare” benefit requirements was a major sticking point for congressional Republicans in thus-far fruitless efforts to repeal the law. The complex new plan from the administration…Details
President Trump’s decisions on cost-sharing subsidies have contributed to the law’s rising premiums and the resulting rise in subsidies. But he’s not responsible for all of this. Competition, for example, took a big hit last year — when President Obama was still in charge.
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The Affordable Care Act seems here to stay, including its incentives for health-care industry consolidation. Big Government drives bigger business. The latest evidence is CVS Health Corp.’s mooted $66 billion bid for insurer Aetna Inc., as companies look for ways to make money beyond being regulated utilities.
Data released this week from data.healthcare.gov show that choice in the types of plans available on the Exchanges continued to diminish between 2017 and 2018. There has been diminished choice in the number of insurers and level of competition. In 2017,142 of the 420 rating areas on which data.healthcare.gov maintains information had just one issuer. For 2018,…Details
When the GOP released their “Framework” for tax reform last month, official Washington got excited that they could finally chew on all sorts of wonky tax details. They will get even more excited when the full package is out this week. That’s why it was very disappointing to read that Senate Finance Committee Republicans were…Details
It took longer than expected, but the Trump administration finally moved earlier this month to provide broad exemptions to the Obama administration’s notorious HHS contraceptive mandate. The mandate requires employers sponsoring health-insurance plans to cover contraceptives, including some products that induce abortions, for all workers enrolled in their plans. The Trump administration issued two interim…Details
Insurers selling Affordable Care Act plans have a compelling new pitch: free health insurance. When sales of plans on the law’s exchanges begin Nov. 1, a growing number of consumers around the country will be able to get coverage for 2018 without paying any monthly premium, according to health insurers and an analysis of newly…Details