The Affordable Care Act includes trillions of dollars in new spending on healthcare subsidies and programs. This new spending is financed by new taxes, tax increases, and reductions to Medicare’s budget. The creators of the ACA (ObamaCare) understood that the law’s benefits (subsidies, expansions of existing programs, and new programs) would be more popular with the public than its tax increases, so many of the tax increases did not take immediate effect. The implementation of the more than 20 tax increases in the law was spread out over several years. The latest of the taxes is scheduled to come into effect in 2018. – See more at: http://iwf.org/publications/2798527/Policy-Focus:-Tax-Burden-of-the-Affordable-Care-Act#sthash.JhlJkjzM.dpuf
Given how unpersuasive some Obamacare rulings have been, it’s easy to become cynical. But both sides have won and lost on some big issues. Thus, it is a mistake to think that there are five justices who will always vote to uphold Obamacare. The Origination Clause challenge to Obamacare that the Supreme Court is being asked to review today, Sissel v. HHS, presents some truly novel issues, as the debate among appellate judges this summer demonstrates. It also justifies a review of ten myths about Obamacare litigation.
Opponents of President Barack Obama’s health care overhaul are taking yet another challenge to the law to the Supreme Court, and say they will be back with more if this one fails. A new appeal being filed Monday by the Pacific Legal Foundation contends the law violates the provision of the Constitution that requires tax-raising bills to originate in the House of Representatives.
Obamacare’s health insurance exchanges open for business Nov. 1. Millions of Americans will soon have to log on to the digital state or federal marketplace to pick their plans for 2016. They’re in for a rude awakening. Obamacare is set to make insurance a lot more expensive next year. The law will increase its punishment for those who don’t obtain insurance. Many who do buy coverage on Obamacare’s exchanges will face premium hikes as high as 49 percent. Thousands of medium-size employers, meanwhile, will for the first time be subject to penalties if they do not offer coverage to their employees.
I can’t believe what I’ve been hearing recently from Obamacare defenders over the failing Obamacare co-ops–the most recent count has eight of them going bust. The biggest complaint seems to be that those mean Republicans forced these co-ops out of business because of a provision they included in the last budget.
What is the future of the Affordable Care Act co-ops? On Thursday, AEI’s Thomas P. Miller hosted a panel discussion on how the co-ops have fared so far and more particularly, why some prominent co-ops have failed.
Given how unpersuasive some Obamacare rulings have been, it’s easy to become cynical. But both sides have won and lost on some big issues. Thus, it is a mistake to think that there are five justices who will always vote to uphold Obamacare. The Origination Clause challenge to Obamacare that the Supreme Court is being asked to review today, Sissel v. HHS, presents some truly novel issues, as the debate among appellate judges this summer demonstrates. It also justifies a review of ten myths about Obamacare litigation.
HealthCare.gov, the federal ObamaCare exchange, has just released 2016 ObamaCare plans, and there’s little doubt about which insurer is the most aggressive on premiums to win customers. Centene (NYSE:CNC) will offer the cheapest bronze plan and the two cheapest silver plans in many of the big markets where its Ambetter Health plans compete, trumping Blue Cross, UnitedHealth Group (NYSE:UNH), Aetna (NYSE:AET) and Cigna (NYSE:CI).
Opponents of President Barack Obama’s health care overhaul are taking yet another challenge to the law to the Supreme Court, and say they will be back with more if this one fails. A new appeal being filed Monday by the Pacific Legal Foundation contends the law violates the provision of the Constitution that requires tax-raising bills to originate in the House of Representatives.
In Part I, I showed that the administration’s new estimate of next year’s exchange enrollment is only about half of what prominent groups projected in 2010, and I discussed evidence that exchange plans are not attracting many young, healthy people. This piece shows that the groups also projected far too many unsubsidized enrollees and discusses reasons to be skeptical that the individual mandate will lead as many people to purchase coverage as assumed.