Recently, the Obama administration said 11.3 million Americans had signed up for 2016 health exchange plans by late December. “That’s still significantly lower than what experts had initially expected at this point in time in exchange implementation,” said Caroline Pearson, senior vice president with health care consulting firm Avalere. “We had anticipated, based on the…
DetailsBetween 1999 and 2015, premiums increased by 203%, outpacing both inflation and workers’ earnings. Between 2014 and 2015, the average premium for single and family coverage increased 4%, and over the past 5 years, deductibles increased faster than both premiums and wages.
The Obama administration so far is making little progress in getting more young adults to sign up for health policies on the federal insurance exchange, according to figures released Thursday. 26% of people who signed up for coverage as of Dec. 26 in the 38 states that use the federal exchange were ages 18 to…
DetailsThe Obama administration wasn’t able to ensure that all tax-credit payments made to insurers under the health law in 2014 were on behalf of consumers who had paid their premiums, according to a federal oversight agency. The Health and Human Services’ Office of Inspector General released the report Wednesday. The findings raise questions about the oversight of…
DetailsThis week, a bill – the Restoring Americans’ Healthcare Freedom Act – will go to President Barack Obama’s desk. This bill would repeal his signature domestic policy achievement, the Affordable Care Act or ObamaCare. Of course the president will veto this bill, and he and his supporters will say this is no more than Republican…
DetailsThis Kaiser Family Foundation/New York Times survey provides an in-depth look at the experiences of Americans ages 18-64 who say they or someone in their household had problems paying medical bills in the past year. The survey explores the causes of medical bill problems and the impacts they have on individuals and their families, finances,…
DetailsUnitedHealth Group Inc., the largest U.S. health insurer, said its rates for ObamaCare plans in New York may be too low because the failure of a competing insurer last year might lead to shortfalls in payments designed to stabilize Obamacare markets. In states like New York, health insurers participating in ObamaCare negotiate annually with regulators to set…
DetailsGoing into President Barack Obama’s last year in office, progress has stalled on reducing the number of uninsured Americans under his signature health care law, according to a major survey out Thursday. The share of U.S. adults without health insurance was 11.9% in the last three months of 2015, essentially unchanged from the start of…
DetailsAre New Yorkers looking at a health insurance tax to pay for the more than $200 million in unpaid doctor and hospital bills remaining after the collapse of the state’s consumer-run nonprofit insurance co-op? Or could that money come from the billions in bank settlements that have flowed to state coffers in recent years? Those…
DetailsThe Congress has, for the first time, sent legislation to the president repealing great swaths of ObamaCare. The House passed repeal bills in every Congress since the health overhaul law was enacted, but the Harry-Reid-controlled Senate never acted, blocking the bills from reaching the Oval Office. Mr. Obama will veto the bill, of course, but…
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