New York may have misallocated roughly $150 million in Obamacare grants, the Department of Health and Human Services Office of the Inspector General said Tuesday. The watchdog office says the state should refund any misspent money to the federal government.
HHS OIG found the state did not have internal procedures necessary to ensure federal funding was allocated properly to set up the state’s Affordable Care Act insurance exchange.
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House Republicans and Vice President-elect Mike Pence on Thursday agreed on a plan to punt the government funding debate into early next year and begin preparations to repeal Obamacare.
Emerging from their meeting with Pence in the Capitol, House GOP lawmakers unified behind a continuing resolution that would extend government funding, set to expire on Dec. 9, through March.
“I think the main reason was the Trump admin had a desire to have an input on what’s in that spending bill when they take office,” House Appropriations Committee Chairman Hal Rogers (R-Ky.) told reporters after the meeting.
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Two top House Republicans on health policy reiterated promises Monday to replace the Affordable Care Act after repealing it.
Rep. John Shimkus (R-Ill.), who is vying to lead the Energy and Commerce Committee next year, said the House GOP’s “Better Way” health plan will be the starting point for reform efforts. He referenced high-risk pools as the best way to require insurers to cover pre-existing conditions without having a mandate to purchase plans. Tax credits would help people afford coverage, he said.
“We just want to bring more choices, more competition,” Shimkus said. “Competition drives higher quality, lower cost. Always does, always will.”
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Not all of Obamacare would be “shut right down” once the unified Republican government takes power next year, House Majority Leader Kevin McCarthy said Monday.
“You wouldn’t have everything shut right down. … You wouldn’t take everything away,” the California Republican told reporters on Capitol Hill.
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The chairman of the National Republican Senatorial Committee said a GOP alternative to the Affordable Care Act must be mindful of those who currently have coverage through the law.
“Clearly we don’t want to do any harm to people in the system now,” Sen. Roger Wicker (R-Miss.) said at a Wednesday news conference at the Republican National Committee. “We want to be mindful.”
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The health insurer Cigna is planning for a loss on the Obamacare market next year, its CEO said Thursday.
“We are going to expect to see some revenue growth but we are continuing to plan for a loss,” CEO David Cordani said on the company’s third quarter earnings call.
The insurer’s strategy to slowly expand into the new marketplace created by the Affordable Care Act has “proven to be more right than wrong,” he said, noting that was unfortunate.
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House Democrats argue in an amicus brief filed Monday that a lawsuit brought by House Republicans against the Obama administration over the Affordable Care Act should not have standing in court.
Led by House Minority Leader Nancy Pelosi, 11 top Democrats filed the brief arguing the dispute should not be settled in court, but that even if the case has standing, the Obama administration acted lawfully by reimbursing insurers for cost-sharing reductions under the Affordable Care Act.
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House Republicans are questioning how much taxpayer money is going into federal subsidies meant to make insurance coverage more affordable for low-income Americans
Reps. Fred Upton (R-Mich.), Joseph Pitts (R-Pa.) and Tim Murphy (R-Pa.), all leaders of the Energy and Commerce Committee, sent a letter Monday to Andy Slavitt, acting administrator of the Centers for Medicare and Medicaid Services, requesting information about the amount of taxpayer money that will go toward Obamacare subsidies next year.
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The 3.5 million uninsured people that the administration hopes will sign up for Obamacare this year generally worry about cost and may lack knowledge about the marketplace, according to analysts and advocates.
The Affordable Care Act has put the nation’s uninsured rate to a historic low, but there are still roughly 24 million uninsured people in the United States. Of that group, the Department of Health and Human Services estimates that 10.7 million will be eligible for financial assistance this year. Officials expect about one-third of that group to sign up for an Obamacare plan during the three-month open enrollment period beginning Nov. 1.
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Less than half of the approximately 27 million uninsured people in the U.S. are eligible for federal financial assistance, an analysis released Tuesday by the Kaiser Family Foundation shows.
Roughly 11.7 million, or 43 percent of that population, are not taking advantage of some sort of federal assistance to get health insurance that they are eligible for, according to the analysis. That assistant may be in the form of a subsidy to purchase a policy on the Affordable Care Act exchange or a Medicaid plan a consumer is eligible for but not signed up for.
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