Thirty-four top executives at 10 failed Obamacare co-ops were paid a whopping $8,211,384 in 2014, according to 990 tax forms obtained by The Daily Caller News Foundation. New York had the highest total, having paid four of its employees an astounding total of $1,156,317 , with Health Republic Insurance of New York CEO Debra Friedman taking in $427,632 and COO Nicholas…
DetailsA four-year-old fight between the Catholic Church and the Obama administration reaches the Supreme Court on Wednesday, in a bishop’s challenge to the health-care law’s contraception requirements that could alter the boundaries of religious freedom. Eight justices will weigh how far the government has to go to accommodate religiously affiliated employers that object to including contraception…
DetailsThe co-ops represent a modest component of the sweeping 2010 health law that put new coverage requirements on insurers and required most Americans to have health insurance or pay a penalty. The co-ops were included to foster nonprofit health insurance providers to compete in the individual and small group markets. The report will be released…
DetailsOregon’s health insurance co-operative is yet another Obamacare failure. It squandered taxpayer-backed handouts and loans, disappointed its customers and now has shuttered its operations. But with an audacity that would make even Donald Trump blush, Health Republic of Oregon wants more taxpayer money. Its executives are suing the federal government to demand more government handouts.…
DetailsA new analysis of deductibles across the country, relying on data from the Robert Wood Johnson Foundation and the federal agency overseeing the ACA, calculated weighted average deductibles by enrollment across gold, silver, and bronze plans. All three categories increased by an average of $254, or 17 percent, in Pennsylvania this year. Silver plans –…
DetailsTheresa O’Donnell, a Democratic-leaning voter complained that Obamacare caused her family’s health insurance premiums to double from $5,880 per year to $12,972 per year. “I would like to vote Democratic, but it’s costing me a lot of money,” O’Donnell pleaded. “I am just wondering if Democrats really realize how difficult it’s been on working-class Americans…
DetailsFederal health officials approved loans to Obamacare health insurance co-ops despite “specific warnings” about across-the-board failures from Deloitte Consulting, according to a blistering Senate staff report released Thursday. The report was released by the Senate Permanent Subcommittee on Investigations at a hearing that featured Andy Slavitt, the embattled acting administrator of the Center for Medicare…
DetailsA $5 billion lawsuit filed by a nonprofit insurer against the Obama administration for a program implemented under Obamacare is raising questions about the use of a fund available for settlements with the government and whether Congress can, and should, intervene. According to legal experts, if the Obama administration decided to settle its class action…
DetailsThe two principal expenditures of the Affordable Care Act so far include $850 billion for insurance subsidies and a similar outlay for a massive Medicaid expansion. The truth is that Medicaid—a program costing $500 billion a year that rises to $890 billion in 2024—funnels low-income families into substandard coverage. Instead of providing a pathway to…
DetailsThe central feature of the latest plan in Nebraska is to deliver Medicaid expansion benefits through health plans sold on the Obamacare exchange, instead of through the state’s managed care system. But, at the end of the day, this is really just a more expensive way to expand Medicaid under Obamacare. Nebraska’s own actuaries estimate…
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