The state’s Kynect health insurance exchange is a financially unsustainable boondoggle that has cost $330 million, Gov. Matt Bevin’s top health officials told lawmakers at the Capitol Tuesday. Additionally, state spending on Medicaid will jump by 20 percent in the next two-year budget, to $3.7 billion, as federal support declines, they said. “The day of…
DetailsThe Department of Health and Human Services announced Friday night that it was in the process of shorting the U.S. Treasury $3.5 billion. Well, they didn’t exactly announce it. You had to read between the lines. The theft of $3.5 billion will help prop up insurers that have agreed to sell ObamaCare policies in the individual market. …
DetailsEarlier this month, Speaker Paul Ryan announced six task forces, each comprised of House Committee Chairmen, to develop a “bold, pro-growth agenda.” What was remarkable was that one of the task forces was on health care reform. Many had thought Congressional Republicans were investing too much time and energy grandstanding ObamaCare repeal, and not enough…
DetailsForty-three percent of Americans expect to pay more for health care this year than they did last year, according to a survey released Tuesday from GOBankingRates.com, a personal finance and consumer banking website. About one-fourth of respondents (23 percent) said they expect to pay “a little more than the last year,” and 20 percent said they expect to…
DetailsVermont Sen. Bernie Sanders has energized Democratic voters with a proposal for a $1.38 trillion single-payer health care system that he says would provide universal coverage and make medical care more efficient. By contrast, his opponent in the Democratic primary, Hillary Clinton, is promising to defend the Affordable Care Act and make reforms to help lower…
DetailsThe leading candidates for the Republican nomination are all proposing to repeal ObamaCare. The difference between them is what they would replace it with. Businessman Donald Trump and U.S. Sen. Ted Cruz of Texas both have said they want to increase competition to allow Americans to purchase insurance across state lines, but neither has offered…
DetailsThere’s not much more time to speculate about how the Supreme Court will handle health care-related cases without the late Justice Antonin Scalia. A number of them are fast approaching on the court’s calendar, including one scheduled for arguments Tuesday. Legal experts say they expect the court will go ahead and hear those cases and…
DetailsHundreds of thousands of people lose subsidies under the health law, or even their policies, when they get tangled in a web of paperwork problems involving income, citizenship and taxes. Some are dealing with serious illnesses like cancer. Advocates fear the problems, if left unresolved, could undermine the nation’s historic gains in health insurance. Coverage…
DetailsIt is common sense that people take care of their own property better than community property, often times referred to as “commons.” Because community resources are finite (say, grazing land in a pastoral society), overgrazing (and too little maintenance) is bound to occur absent any collaborative agreements. Moreover, one person’s conservation efforts cannot overcome all…
DetailsScalia exposed that in King v Burwell, the Court elevated politics over both the rule of law and the separation of powers. In King, a six-justice majority of the Supreme Court acknowledged the operative statutory text authorizes those taxes and subsidies only in states that establish an Exchange. But because the majority determined ObamaCare would…
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