75 results for search: Larry


News Briefing for Tuesday, May 19

HEALTHCARE: ObamaCare Premium Increases Next Year May Shock You “The top ObamaCare exchange insurers in six states where 2016 rate requests have already been filed are seeking to raise rates an average 18.6% next year. Early reports range from an alarming 36% hike sought by the dominant insurer in Tennessee, to a hefty 23% average increase requested by Oregon insurers, to a moderate 7.7% average rise proposed in Connecticut. Flyers promoting Blue Cross Blue Shield and ObamaCare are on display to attract Hispanic customers at a kiosk at Compare Foods in Winston-Salem, N.C.... Flyers promoting Blue Cross Blue Shield and ObamaCare are on display to ...

News Briefing for Tuesday, May 5

HEALTHCARE: Obamacare exchanges are not cheap to build or run “In its next Obamacare-related decision, the Supreme Court will decide whether employers in states that chose not to establish their own Obamacare exchanges can be forced to pay penalties for not offering insurance the government deems acceptable. The case is somewhat complicated and based on textual questions and legislative history. But if the court rules that the phrase "established by the state" means what it looks like it means, this will bring a small dose of chaos to up to 37 states that now rely on the federal exchange — the infamoushealthcare.gov. A majority of those who ...

News Briefing for May 2

HEALTHCARE: Nearly half of Obamacare exchanges are struggling over their future “Nearly half of the 17 insurance marketplaces set up by the states and the District under President Obama’s health law are struggling financially, presenting state officials with an unexpected and serious challenge five years after the passage of the landmark Affordable Care Act. Many of the online exchanges are wrestling with surging costs, especially for balky technology and expensive customer-call centers — and tepid enrollment numbers. To ease the fiscal distress, officials are considering raising fees on insurers, sharing costs with other states and pressing ...

News Briefing for Wednesday, April 29

TEA PARTY PATRIOTS: IRS watchdog finds 6,400 missing Lois Lerner emails “…Tea Party Patriots president Jenny Beth Martin said the news was another development in a "long line of deplorable actions from the Internal Revenue Service against groups who were merely trying to hold their government accountable." "It will be very enlightening to see the content of the emails as (the inspector general) continues the investigation," she said in a statement…” http://www.cnn.com/2015/04/28/politics/irs-watchdog-finds-6400-missing-lois-lerner-emails/index.html     HEALTHCARE: Two in three Obamacare beneficiaries had to repay ...

News Briefing for Wednesday, April 8

TEA PARTY PATRIOTS: TEA PARTY PATRIOTS EXCITED BY PAUL PRESIDENTIAL ANNOUNCEMENT “Tea Party Patriots co-founder Jenny Beth Martin expressed excitement at Sen. Rand Paul’s presidential run Tuesday. “It’s exciting to see another energetic, visionary conservative enter the contest for the 2016 nomination,” Martin said in a statement. “Sen. Paul has been at the forefront of the liberty movement, and he will do a lot to shape the debate as the GOP field expands.” Paul was part of the Tea Party wave when he was first elected to the Senate from Kentucky in 2010. He officially announced his presidential candidacy Tuesday. “Rand Paul ...

News Briefing for Thursday, April 2

HEALTHCARE: Obamacare’s Misery Index: How Covered California Imposed ‘Widespread Consumer Misery’ “President Obama doubtless plans for the Affordable Care Act, also known as Obamacare, to be the keystone of his legacy. That calls for an examination of Obamacare’s largest wholly-owned subsidiary. Covered California turns out to be something of a misnomer, but it’s definitely a success at spending money. Covered California has shelled out $454 million, nearly half a billion dollars, on a computer system. Covered California bosses also spent tens of millions on grants to promote the program, in addition to an $80 million television, ...

News Briefing for Wednesday, April 1, 2015

HEALTHCARE: CALPERS COULD OWE OBAMACARE $770 MILLION IN “CADILLAC TAX’ “California government entities and their unions are panicking because Obamacare’s punitive 40% “Cadillac Tax” beginning in 2018 will directly hit the low-deductible and broad-provider network type of “platinum” healthcare coverage that public employees have enjoyed under the California Public Employee Retirement System (CalPERS). With the Cadillac Tax estimated at $770 million, public employees face a radical change to “narrow networks” and up to 1,000 percent increase in annual healthcare deductibles. California public employee unions and CalPERS took a ...

News Briefing for Thursday, March 26

TEA PARTY PATRIOTS: The GOP quandary: How far right without falling over the edge? “…Wisconsin Gov. Scott Walker, who is at or near the top of most early polls among Republicans, likes to boast how he stuck to conservative principles to win statewide office three times in a centrist state. “To win the center, you don’t have to go to the center, you have to lead,” he said last week during a Tea Party Patriots telephone town hall. Tea party loyalists are still somewhat wary of Walker, though, because of past positions on immigration and government support for ethanol, a big issue in Iowa, site of the nation’s first caucus…” ht...

News Briefing for Wednesday, March 25

HEALTHCARE: How many will have to pay back Obamacare subsidies? “More Americans will owe the government money for their Obamacare subsidy than won't, says a new analysis. A big upcoming Tax Day question is how many Americans with government-subsidized health insurance will find that they collected more in subsidies than they're qualified for and have to pay some of it back — and how many will find themselves in the opposite position, with the government owing them money. The Kaiser Family Foundation estimates that half of all subsidy-eligible households will be in the first boat, owing the government an average payment of $794. That situat...

News Briefing for Thursday, March 19

HEALTHCARE: GOP aims to sink Obamacare with reconciliation But first they have to strike a difficult deal on an overall budget “Senate Republicans want to use a powerful budget maneuver known as reconciliation to go after President Barack Obama’s health care law — particularly if the Supreme Court strikes down key provisions of Obamacare this June. Using the fast-tracking procedure offers some advantage for Republicans, largely because a reconciliation package can’t be filibustered. But it’s not going to be easy. First, House and Senate Republicans need to agree on a budget resolution, which could be difficult with fiscal conserva...