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…
DetailsThe Obama administration Monday confirmed a 25% average jump in premiums for the Affordable Care Act’s benchmark health plans and acknowledged later sign-up deadlines for hundreds of thousands of people whose insurers are dropping their plans because of rising costs. Sharper increases had already been posted in states around the country. Market-leader insurers that are…
DetailsThe Affordable Care Act is in serious trouble, and the next president and Congress may well have to gut or replace it. While many Affordable Care Act supporters remain optimistic, concerns are bipartisan. An article by two conservative writers proclaims, “ObamaCare’s Meltdown Has Arrived … half of Tennesseans covered under the plan are losing their…
DetailsThe Obama administration is trying to calm the panic over soaring ObamaCare premiums by pointing to subsidies many will receive to offset the cost — but analysts and GOP lawmakers counter that those subsidies nevertheless will stick taxpayers with a rising bill. With enrollment set to begin Nov. 1, the administration announced Monday that premiums…
DetailsDemocrats are increasingly acknowledging that the Affordable Care Act has an affordability problem. Former President Bill Clinton said recently that people who are ineligible to get subsidies to buy ObamaCare insurance are “getting killed.” Minnesota Gov. Mark Dayton said this month that “the reality is the Affordable Care Act is no longer affordable to increasing…
DetailsThe 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…
DetailsDonald Trump jumped Monday on an announcement that ObamaCare premiums will spike by double digits next year, saying “it’s over for ObamaCare.” “In case you haven’t heard today’s news, it’s just been announced that Americans are going to experience yet another double-digit spike in your premium for ObamaCare and it doesn’t work,” Trump said at…
DetailsPresident Obama took a health-care victory lap last week in Miami, celebrating “all the progress that we’ve made in controlling costs” and portraying the law’s critics as “false and politically motivated.” Does that apply to the actuaries at the Health and Human Services Department too? On Monday they reported that ObamaCare premiums will soar 25%…
DetailsThe core problem with President Obama’s most recent speech in defense of his health care law was not that he simply overestimated the merits of Obamacare. It’s that he refused to acknowledge that conservatives have reasonable disagreements with him about the direction of health care policy. President Obama claims that Republicans have offered no alternatives to the…
DetailsPremiums will go up sharply next year under President Barack Obama’s health care law, and many consumers will be down to just one insurer, the administration confirmed Monday. That’s sure to stoke another “Obamacare” controversy days before a presidential election. Before taxpayer-provided subsidies, premiums for a midlevel benchmark plan will increase an average of 25…
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